Roundhill Sports Betting & iGaming ETF (ETF)
Roundhill Sports Betting
The Roundhill Sports Betting & iGaming ETF (ETF) is one of the first exchange-traded funds in the industry. It recently announced the addition of four new holdings. As the world of sports returns to normal in 2020, ETFs focusing on this sector are likely to be all the rage. Among the newcomers is dMY Technology Group II DMYD. The company has already announced a target deal with Genius Sport Group.
ETFs let investors invest in multiple companies in the same industry without the risk of holding stock in just one. Investing in ETFs can also help you avoid the risks of owning individual stocks in the same company. These funds typically track several similar companies. For example, some ETFs track companies in the sports betting, poker, retail poker, and other verticals. The gaming industry is growing rapidly, and it is important to keep up with the latest trends to protect your money.
The iBet Sports Betting & Gaming ETF has just filed a prospectus with the Securities and Exchange Commission. The fund will trade under the ticker “IBET” and will charge investors an annual fee of 0.79%. The filing will be open until the end of October, and ETF Series Solutions has yet to announce an official launch date. If this happens, the ETF is on its way to being listed on the New York Stock Exchange.
The Roundhill Sports Betting & iGaming ETF (ETF) launched in June 2018. Its price has doubled in the past year, which is a sign that the industry is hot. This new fund was created to give investors a broad exposure to the market through stock and ETFs. The iBet ETF will trade under the ticker “IBET” and will have an expense ratio of 0.79%.
Roundhill Sports Betting & iGaming ETF (ETF)
iBET’s parent company Roundhill Investments has also introduced an esports and iGaming ETF. Its new iBET is an excellent way to invest in the industry. By buying and selling shares of a specific company, you can gain a broad perspective on the industry. Similarly, you can invest in a sports betting ETF that tracks all the companies in the industry.
The iBET Sports Betting & Gaming ETF is an actively managed exchange-traded fund with over $370 million in assets under management. Its goal is to maximize the potential of this industry by investing in a wide variety of stocks. This strategy is known to be profitable, but it is not for everyone. Traders should always seek professional advice before investing in a mutual fund. The iBET sports and gaming ETF is a great way to gain exposure to the online industry.
The BETZ index saw back-tested returns of 121.2% in its first five years. Moreover, the iGaming and sports betting ETF is expected to offer investors a core exposure to these sectors. The BETZ index includes companies that operate sports betting and iGaming businesses. Its dividends also tend to outperform the overall stock market. Its total expense ratio of 0.69% is also a good indicator of the future of this sector.
