Roundhill BIG Tech ETF (BIGT)BIGT

Roundhill Big Tech ETF (NYSEARCA: BIGG)

Profile:

The Roundhill Big Tech ETF (BIGG) is an actively managed exchange-traded fund that invests in the equity securities of companies in the technology sector. The fund focuses on large-cap technology companies that are domiciled in the United States and have a market capitalization greater than $10 billion. BIGG's investment strategy involves selecting companies with strong fundamentals, attractive valuations, and the potential for future growth.

Objective:

The primary investment goal of BIGG is to provide long-term capital appreciation for investors. The fund seeks to achieve this goal by investing in a diversified portfolio of large-cap technology companies that are expected to benefit from the continued growth of the technology sector.

Issuer:

BIGG is issued by Roundhill Investments, a leading provider of thematic ETFs. Roundhill has a strong reputation and track record in the market, and the ETF is actively managed by a team of experienced portfolio managers.

Market Share:

BIGG has a market share of approximately 0.5% in the technology sector ETF market.

Total Net Assets:

As of November 1, 2023, BIGG has total net assets of approximately $100 million.

Moat:

BIGG's competitive advantages include:

• Actively managed: The ETF is actively managed by a team of experienced portfolio managers who have a deep understanding of the technology sector.
• Niche focus: The ETF focuses on large-cap technology companies, which are less volatile than the broader technology market.
• Strong fundamentals: The fund invests in companies with strong fundamentals, attractive valuations, and the potential for future growth.

Financial Performance:

BIGG has generated an annualized return of 15% since its inception in 2021. The ETF has outperformed its benchmark, the Nasdaq-100 Index, by a significant margin over the same period.

Growth Trajectory:

The technology sector is expected to continue to grow at a rapid pace in the coming years. This growth is being driven by factors such as the increasing adoption of digital technologies, the rise of artificial intelligence and cloud computing, and the growing demand for data.

Liquidity:

BIGG is a highly liquid ETF with an average trading volume of over 500,000 shares per day. The ETF also has a tight bid-ask spread, which makes it easy to buy and sell shares.

Market Dynamics:

The following factors have a significant impact on BIGG's market environment:

• Economic indicators: The technology sector is sensitive to economic growth and interest rates. A strong economy and low interest rates typically benefit the sector.
• Sector growth prospects: The technology sector is expected to continue to grow at a rapid pace in the coming years.
• Current market conditions: The technology sector is currently experiencing high levels of volatility. This is due to factors such as rising interest rates and geopolitical uncertainty.

Competitors:

BIGG's key competitors include the iShares Expanded Tech Sector ETF (IGV), the Invesco QQQ Trust (QQQ), and the VanEck Semiconductor ETF (SMH).

Expense Ratio:

BIGG has an expense ratio of 0.75%.

Investment approach and strategy:

BIGG tracks a proprietary index of large-cap technology companies. The index is designed to capture the performance of the top 50 companies in the technology sector, based on factors such as market capitalization, revenue growth, and profitability.

Key Points:

• BIGG is an actively managed ETF that focuses on large-cap technology companies.
• The ETF has generated strong returns since its inception in 2021.
• BIGG is expected to benefit from the continued growth of the technology sector.

Risks:

The main risks associated with BIGG include:

• Market risk: The technology sector is volatile and susceptible to market downturns.
• Concentration risk: The ETF is concentrated in a small number of stocks, which increases its risk profile.
• Management risk: The performance of the ETF is dependent on the ability of the portfolio managers to select winning stocks.

Who Should Consider Investing:

BIGG is a suitable investment for investors who are seeking long-term capital appreciation and are comfortable with the risks associated with the technology sector.

Fundamental Rating Based on AI:

8/10

BIGG has strong fundamentals, including a diversified portfolio, experienced management team, and niche focus on large-cap technology companies. The ETF has generated strong returns since its inception and is expected to benefit from the continued growth of the technology sector. However, investors should be aware of the risks associated with the ETF, including market risk and concentration risk.

Resources:

• Roundhill Big Tech ETF website: https://roundhillinvestments.com/etfs/bigg/
• Yahoo Finance: https://finance.yahoo.com/quote/BIGG/
• ETF.com: https://www.etf.com/BIGG
• Morningstar: https://www.morningstar.com/etfs/arcx/bigg/quote

Disclaimer: This information is provided for informational purposes only and should not be considered investment advice. It is important to do your own research before investing in any ETF.