Roundhill Sports Betting & iGaming ETF cheap before it reverses loss trends to date. It has virtually zero exposure to tariffs compared to live casinos. At $19, BETZ now contains a diverse tech-heavy portfolio. It is going to change again at the end of the quarter.
With the 2024 NFL season underway, it's time to look into gambling stocks. After all, according to the American Gaming Association, Americans are expected to wager about $35 billion on NFL games this year.
![]() BETZ 13 Dec 2022 Paid | Annual | $0.09 Per Share |
![]() BETZ 29 Dec 2020 Paid | Other | $0.07 Per Share |
![]() BETZ 13 Dec 2022 Paid | Annual | $0.09 Per Share |
![]() BETZ 29 Dec 2020 Paid | Other | $0.07 Per Share |
ARCA Exchange | US Country |
The fund discussed here is a distinctive investment vehicle developed by Morningstar, Inc. This fund is characterized by its focus on providing investors with pure exposure to the themes of sports and online betting. It is designed to steer its investments primarily towards securities that comprise its underlying index, striving to cover the domain with significant comprehensiveness. The investment strategy emphasizes not only a direct investment in the component securities of the index but also extends to comparable exposure through various avenues including depositary receipts and other exchange-traded funds (ETFs). It is important to note that the fund is non-diversified, indicating a concentration of investments in the specified theme rather than a broad sectoral investment approach.
The fund mainly allocates its assets into the securities that form the index it follows. This strategy aims to mirror the index's performance by investing in the companies directly involved in sports and online betting, ensuring that investors gain focused exposure to this specific theme.
To broaden its exposure and possibly mitigate risks associated with direct investments, the fund may invest in depositary receipts. These financial instruments represent a company's foreign shares, allowing the fund to gain exposure to international markets within the sports and online betting sector, without the complexities of direct foreign investments.
In its efforts to provide comprehensive coverage of the sports and online betting themes, the fund may opt to invest in other ETFs. This approach allows the fund to diversify its investment within the thematic focus, potentially enhancing its performance through exposure to a wider array of securities that are aligned with its investment objective.