Roundhill Sports Betting & iGaming ETF (BETZ)

Overview

The Roundhill Sports Betting & iGaming ETF (BETZ) is designed to track the performance of companies actively involved in the global sports betting and iGaming industry. It offers investors exposure to a sector experiencing growth due to increased legalization and technological advancements. The ETF focuses on firms that operate sports betting platforms, online gaming, and related technology and services.

Reputation and Reliability

Roundhill Investments is a boutique ETF issuer known for its thematic and niche ETFs, often focusing on emerging or specialized sectors. They have established a reputation for innovation and providing access to unique investment opportunities.

Management Expertise

Roundhill's management team has experience in the ETF industry, with expertise in portfolio management, research, and product development. They demonstrate an understanding of the specific dynamics within the sports betting and iGaming industry.

Goal

To seek long-term capital appreciation by investing in companies engaged in the sports betting and iGaming industry.

Investment Approach and Strategy

Strategy: The ETF aims to track the Roundhill Sports Betting & iGaming Index, a rules-based index designed to represent the performance of companies involved in the sports betting and iGaming industry.

Composition The ETF primarily holds stocks of companies that generate revenue from sports betting, online gaming, or related technologies. The portfolio is diversified across market capitalizations and geographies, albeit with a weighting towards companies operating in the US and Europe.

Market Share: The market share of BETZ is hard to give accurate data as the market is constantly evolving and precise, real-time market share data are often proprietary or rapidly changing.

Total Net Assets (AUM): 79440000

Key Competitors

• VanEck Gaming ETF (BJK)
• AdvisorShares Pure Entertainment ETF (BETZ)

Competitive Landscape

The ETF industry focused on the sports betting and iGaming sector is moderately competitive, with a few key players dominating the market share. BETZ was an early mover in this space, giving it a first-mover advantage. Competitors like BJK focus more broadly on the gaming industry, potentially offering less focused exposure but greater diversification. YOLO offers a specific niche exposure in comparison. BETZ's competitive advantage lies in its pure-play focus on sports betting and iGaming, appealing to investors seeking targeted exposure.

Historical Performance: Historical performance data is not included. To obtain historical performance, please refer to financial sources.

Benchmark Comparison: Benchmark comparison data is not included. Please refer to financial resources to compare it against the Roundhill Sports Betting & iGaming Index.

Expense Ratio: 0.75

Average Trading Volume

The average trading volume of BETZ indicates moderate liquidity, generally facilitating relatively easy buying and selling of shares.

Bid-Ask Spread

The bid-ask spread for BETZ is generally competitive, typically reflecting its moderate liquidity.

Market Environment Factors

The market environment is affected by regulatory changes regarding the legalization of sports betting and iGaming in various jurisdictions, technological advancements in online gaming platforms, and consumer preferences for online entertainment options.

Growth Trajectory

The ETF's growth trajectory is closely linked to the expanding legalization of sports betting and iGaming across the US and other countries. Any changes to strategy or holdings are not discussed here but would be visible in the latest fund prospectus.

Competitive Edge

BETZ's competitive advantage lies in its targeted exposure to the growing sports betting and iGaming industry, offering investors a focused approach to capitalize on this niche sector. The ETF benefits from its well-defined index, selecting companies directly involved in the core activities of sports betting and online gaming. This pure-play focus differentiates it from broader gaming ETFs that may include companies with less direct exposure. The ETF's structure and marketing also enhance its visibility among investors seeking exposure to this theme. Finally, it has a solid AUM backing which will allow for future success of the ETF.

Volatility

The ETF's volatility can be influenced by regulatory uncertainties surrounding the legalization of sports betting and iGaming in various jurisdictions and the overall performance of the technology and consumer discretionary sectors.

Market Risk

The ETF is exposed to market risk associated with the performance of the underlying companies, which can be affected by competition, changing consumer preferences, and economic conditions. Regulatory risks and the pace of legalization also present risks.

Ideal Investor Profile

The ideal investor profile for BETZ includes individuals with a high-risk tolerance seeking exposure to the growth potential of the sports betting and iGaming industry.

Market Risk

BETZ is suitable for investors looking for long-term growth potential in a specific sector and may be used as part of a diversified portfolio.

The Roundhill Sports Betting & iGaming ETF (BETZ) provides targeted exposure to companies involved in the rapidly expanding sports betting and iGaming industry. Its focused approach distinguishes it from broader gaming ETFs, appealing to investors seeking pure-play exposure. The ETF's growth is tied to regulatory developments, technological advancements, and consumer demand. The ETF has shown relatively good volume indicating a positive interest to the ETF.

Data Sources:

• Roundhill Investments
• ETF.com
• Yahoo Finance

Disclaimers:

The data and analysis provided are for informational purposes only and do not constitute financial advice. Investment decisions should be based on individual risk tolerance, financial circumstances, and a thorough understanding of the ETF's prospectus.