An ETF Making Big 'BETZ' on Legalized Sports Betting

An ETF Making Big 'BETZ' on Legalized Sports Betting

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Business, Physical Ed

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which countries, besides the US, does the BETZ ETF have exposure to?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expense ratio of the BETZ ETF?

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