Roundhill Launches Sports Betting ETF (NYSE: BETZ)
NEW YORK, June 4, 2020 /PRNewswire/ -- Roundhill Investments ("Roundhill") has launched the Roundhill Sports Betting & iGaming ETF (NYSE ARCA: BETZ), the first ETF globally designed to track the online sports betting and online casino sector. Today marks the 1-year anniversary of the launch of our first ETF, the Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE ARCA: NERD). NERD is up 28.55% since inception.
BETZ's holdings as of the June 3rd close include sportsbooks DraftKings (7.02%) and Flutter (6.53%), betting technology companies Kambi (4.78%) and GAN (5.79%), and Barstool Sports parent Penn National (4.16%).
The Roundhill Sports Betting & iGaming ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Roundhill Sports Betting & iGaming Index.
To learn more about the fund, please visit https://www.roundhillinvestments.com/etf/betz or call (646)-661-5441.
About Roundhill Investments
Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. We create thoughtful investment products designed to help investors express their vision of the future. To learn more about the company, please visit roundhillinvestments.com.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about Roundhill ETFs please visit the website at https://www.roundhillinvestments.com/etf/BETZ. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal. Investing involves risk, including possible loss of principal. Risks include those related to investments in the highly-competitive sports betting industry, including from illegal or unregulated companies. Expansion of sports betting (both regulated and unregulated), including the award of additional licenses or expansion or relocation of existing sports betting companies, and competition from other leisure and entertainment activities, could impact these companies' finances. Small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments are concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Investments in foreign securities involve social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.
Holdings are subject to change.
Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Roundhill Financial Inc serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc, U.S. Bank or any of their affiliates.
SOURCE Roundhill Investments
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