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Evolve E-Gaming Index ETF (HERO.TO) ETF Analysis

HERO.TO

Expense ratio 0.88% Yield 0.53% Assets CA$13.28M Since June 13, 2019 Family Evolve Funds Group Inc

Last Updated: October 21, 2026

CA$40.48

−CA$0.03 (−0.07%)

October 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HERO.TO Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	−16.59%	−16.59%	CA$83.41	CA$250.24
3 years	+56.18%	+16.02%	CA$156.18	CA$468.53
5 years	+17.95%	+3.36%	CA$117.95	CA$353.85
Since June 17, 2019	+111.40%	+10.73%	CA$211.40	CA$634.21

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

HERO.TO Return by Calendar Year

2019 and 2026 are partial years

+67.28%−29.53%−8.42%

2019*2020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	−8.42%
2025	+27.09%
2024	+23.58%
2023	+18.20%
2022	−29.53%
2021	−6.08%
2020	+67.28%
2019 (partial year)	+12.32%

HERO.TO Monthly Returns

−9%+14%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−5.9	−4.9	−3.9	−0.7	−4.1	+1.7	+1.3	+4.7	−3.4	+7.3	—	—
2025	+3.6	+3.4	−3.4	+9.9	+4.6	+13.1	−3.2	+4.3	+3.9	−3.1	−3.0	−4.3
2024	+1.8	+4.1	+0.7	−4.7	+3.9	+5.0	+3.4	−0.7	+3.3	+0.5	+2.0	+2.4
2023	+6.7	−3.8	+7.5	−0.3	+0.6	+4.5	+2.4	−4.6	−3.9	−0.9	+11.2	−1.4
2022	−6.9	−3.5	−1.4	−7.0	+4.3	−8.3	+6.0	−4.8	−8.1	−1.5	+0.3	−2.4
2021	+3.5	+1.7	−2.7	+2.2	+2.1	−0.4	−8.1	−3.2	−5.6	+6.0	+1.2	−2.2
2020	+1.4	−3.7	+1.5	+7.9	+11.4	+10.4	+5.5	+7.9	−0.7	−4.5	+7.7	+9.3
2019	—	—	—	—	—	—	+1.2	−1.0	+2.0	−0.9	+4.1	+3.5

Monthly total returns with dividends reinvested; each cell prints its signed value.

HERO.TO Volatility & Risk

Volatility: 7 yrs · Beta: 3 yrs

Annualized volatility: 21.36%
Beta (3y): 0.48
Best year: +67.28%
Worst year: −29.53%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Top Holdings

#	Symbol	Name	Weight
1	NTDOY	Nintendo Co Ltd ADR	12.4%
2	9766.T	Konami Group Corp	10.23%
3	NTES	NetEase Inc ADR	9.75%
4	TTWO	Take-Two Interactive Software Inc	8.49%
5	RBLX	Roblox Corp Ordinary Shares - Class A	8.02%
6	3659.T	NEXON Co Ltd	7.88%
7	9697.T	Capcom Co Ltd	7.73%
8	3293.TWO	International Games System Co Ltd	3.66%
9	9684.T	Square Enix Holdings Co Ltd	3.57%
10	259960.KQ	Krafton	3.48%

Analysis

Data-derived

Fund Overview

Evolve E-Gaming Index ETF (HERO.TO) is an exchange-traded fund. Evolve Funds Group Inc is the fund family on file. It has been trading since June 13, 2019. Total net assets stand at CA$13.28M. The expense ratio is 0.88%. On a CA$10,000 position that is CA$88.00 a year.

Its biggest positions are Nintendo Co Ltd ADR (NTDOY), Konami Group Corp (9766.T), and NetEase Inc ADR (NTES). Nintendo Co Ltd ADR alone accounts for 12.4% of the portfolio. The ten largest positions together make up 75.22% of the fund.

Performance Analysis

HERO.TO last closed at CA$40.48 on October 21, 2026. Over the trailing twelve months the total return is −16.59%. Measured over 5 years, that is +3.36% a year compounded. The trailing distribution yield is 0.53%.

The strongest complete calendar year on file is 2020 at +67.28%; the weakest is 2022 at −29.53%. Of the 6 complete calendar years on file, 4 finished higher. So far in 2026 the total return is −8.42%.

Price & Risk Profile

The 52-week range on file runs from CA$34.58 to CA$48.44. The latest close sits 17.06% above that 52-week low. Daily returns over the trailing 7 years annualize to a volatility of 21.36%. The reported beta is 0.48. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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