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ETFs

Roundhill Sports Betting & iGaming ETF

BETZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 04 2020
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Roundhill Financial
Volume (1m avg. daily)
$395,638
AUM
$134,728,502
Associated Index
Roundhill Sports Betting & iGaming Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

DKNG
DraftKings Inc. - Ordinary Shares - Class A
7.65%
TAH
Tabcorp Holdings Ltd.
6.30%
FLTR
FLUTTER ENTERTAINMENT PLC-DI
6.11%
ENT
ENTAIN PLC
5.77%
PENN
PENN Entertainment Inc
5.41%
KINDSDB
KINDRED GROUP PLC
4.45%
CZR
Caesars Entertainment Inc
4.36%
CHDN
Churchill Downs, Inc.
4.25%
GENI
Genius Sports Limited
4.02%
EVO
EVOLUTION AB
3.88%
Invest with BETZ

What is BETZ?

The Roundhill Sports Betting & iGaming ETF ( BETZ ETF ) is designed to offer retail and institutional investors exposure to sports betting and iGaming industries by providing investment results that closely correspond, before fees and expenses, to the performance of the Roundhill Sports Betting & iGaming Index ( BETZ Index ). The Roundhill Sports Betting & iGaming Index is the first index globally designed to track the performance of the sports betting and iGaming industry. The Index consists of a tiered weight portfolio of globally-listed companies who are actively involved in the sports betting & iGaming industry. This classification includes (i) companies that operate in-person and/or online sports books (ii) companies that operate online/internet gambling platforms and (iii) companies that provide infrastructure or technology to such companies in (i) or (ii).

ETFs related toBETZ

ETFs correlated to BETZ include IPAY, VXF, PEJ

BETZ
Listed Funds Trust - Roundhill Sports Betting & iGaming ETF
IPAY
ETF Managers Group LLC - ETFMG Prime Mobile Payments ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
PEJ
Invesco Capital Management LLC - Invesco Dynamic Leisure and Entertainment ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
ISCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Small-Cap Growth ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBETZ

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BETZ using Composer

FAQ

BETZ is a Global Equities ETF. The Roundhill Sports Betting & iGaming ETF ( BETZ ETF ) is designed to offer retail and institutional investors exposure to sports betting and iGaming industries by providing investment results that closely correspond, before fees and expenses, to the performance of the Roundhill Sports Betting & iGaming Index ( BETZ Index ). The Roundhill Sports Betting & iGaming Index is the first index globally designed to track the performance of the sports betting and iGaming industry. The Index consists of a tiered weight portfolio of globally-listed companies who are actively involved in the sports betting & iGaming industry. This classification includes (i) companies that operate in-person and/or online sports books (ii) companies that operate online/internet gambling platforms and (iii) companies that provide infrastructure or technology to such companies in (i) or (ii).

BETZ tracks the Roundhill Sports Betting & iGaming Index.

No, BETZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BETZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BETZ is 0.0033%. This is the percent change in the value of BETZ over the most recent 1-month period. The 3-month return on BETZ is 0.0847%. This is the percent change in the value of BETZ over the most recent 3-month period.

The standard deviation of BETZ for the past year is 0.3241%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BETZ include GDX, IXJ, and GDXJ.

ETFs correlated to BETZ include IPAY, VXF, and PEJ.

ETFs that are inversely correlated to BETZ include HIBS, RWM, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.