An ETF Making Big 'BETZ' on Legalized Sports Betting

The Round Hill Sports and I Gaming ETF, known as BETZ, offers exposure to companies in sports and gambling sectors. With the rise of legalized sports betting in over 30 US states, the ETF has seen significant growth, though it still trails the S&P 500. BETZ includes major companies like DraftKings and MGM, and holds about $100 million in assets with a 75 basis point expense ratio. Despite positive returns, it has a Bloomberg Intelligence warning for its alternative weighting.

What is the primary focus of the Round Hill Sports and I Gaming ETF?

• Exposure to sports betting and gambling companies

• Focusing on renewable energy

• Investing in healthcare innovations

• Investing in technology startups

What was the year-to-date total for US sports betting in the first six months of the year?

• $7 billion

• $10 billion

• $5 billion

• $3 billion

How many US states have legalized sports betting, contributing to the growth of the BETZ ETF?

• 30 states

• 20 states

• 10 states

• 40 states

Since its inception, how has the BETZ ETF performed compared to the S&P 500?

• No comparison available

• Outperformed the S&P 500

• Trailed the S&P 500

• Matched the S&P 500

What is the expense ratio of the BETZ ETF?

• 125 basis points

• 100 basis points

• 75 basis points

• 50 basis points