Roundhill Sports Betting & iGaming ETF (BETZ)

Overview

The Roundhill Sports Betting & iGaming ETF (BETZ) seeks to track the performance of the Roundhill Sports Betting & iGaming Index. It provides exposure to companies involved in the sports betting and iGaming industries, focusing on sports betting operators, technology providers, and infrastructure services. Its target sector is the Sports Betting & iGaming sector, and it uses a passively managed, full replication strategy.

Reputation and Reliability

Roundhill Investments is a relatively newer issuer known for thematic ETFs. Their reputation is growing, although they have a shorter track record than larger, established firms.

Management Expertise

Roundhill's management team specializes in thematic investing, with expertise in identifying and capitalizing on emerging trends.

Goal

To seek investment results that correspond generally to the price and yield performance, before fees and expenses, of the Roundhill Sports Betting & iGaming Index.

Investment Approach and Strategy

Strategy: The ETF aims to track a specific index, the Roundhill Sports Betting & iGaming Index.

Composition The ETF holds primarily stocks of companies involved in the sports betting and iGaming industries.

Market Share: BETZ's market share fluctuates depending on investor interest and competition within the sports betting and iGaming ETF sector.

Total Net Assets (AUM): 73240000

Key Competitors

• VanEck Gaming ETF (BJK)
• AdvisorShares Pure Sports ETF (SPRTZ)

Competitive Landscape

The competitive landscape is moderately competitive. BETZ focuses specifically on sports betting and iGaming, whereas BJK has broader exposure to the gaming industry. SPRTZ is a more focused sports ETF, but not exclusively betting or iGaming. BETZ's advantage is its specific thematic focus, but a disadvantage is its reliance on a niche sector's performance.

Historical Performance: Historical performance data varies and is available from financial data providers, but it fluctuates based on the overall market and the performance of the sports betting & iGaming sector.

Benchmark Comparison: The ETF's performance should be compared against the Roundhill Sports Betting & iGaming Index to gauge effectiveness.

Expense Ratio: 0.75

Average Trading Volume

BETZ's average trading volume is moderate, and may be subject to fluctuation based on overall market interest.

Bid-Ask Spread

The bid-ask spread can vary but can generally be expected to be moderate based on average trading volume and ETF size.

Market Environment Factors

Growth in online gambling, regulatory changes in various jurisdictions, and overall economic conditions affect BETZ.

Growth Trajectory

The growth trajectory is dependent on the expansion of legal sports betting and iGaming across the US and globally. Changes to strategy and holdings are based on the index it tracks.

Competitive Edge

BETZ offers a focused approach to the sports betting and iGaming sector, differentiating itself from broader gaming ETFs. It gives investors access to a specific theme with high growth potential. Its full replication strategy can closely align with the index. However, its narrow focus also makes it more vulnerable to regulatory or industry-specific risks. BETZ is most useful for investors looking for pure-play exposure to the sports betting and iGaming market.

Volatility

Volatility can be high due to the speculative nature of the sports betting and iGaming sector and changing regulatory landscape.

Market Risk

Market risk includes regulatory risks, competition among companies, and consumer spending patterns in the gambling industry.

Ideal Investor Profile

The ideal investor is one who is bullish on the growth potential of the sports betting and iGaming industry and is comfortable with higher volatility.

Market Risk

BETZ is suited for investors seeking long-term growth potential within a specific thematic sector but should be considered as part of a diversified portfolio.

The Roundhill Sports Betting & iGaming ETF (BETZ) offers targeted exposure to the rapidly growing sports betting and iGaming industry. Its investment approach focuses on tracking the Roundhill Sports Betting & iGaming Index and it allows investors to participate in the potential expansion of online gambling. However, the ETF's niche focus makes it more susceptible to regulatory risks and market volatility. Investors should be prepared for greater risk and volatility given the nature of the targeted industries, and should consider integrating BETZ as one piece of a well-diversified portfolio.

Data Sources:

• Roundhill Investments
• ETF.com
• Yahoo Finance
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions.