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Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Roundhill Sports Betting & iGaming ETF

BETZ | ETF

$18.37

$95.5 M

0.00%

0.75%

Vitals

YTD Return

5.9%

1 yr return

15.4%

3 Yr Avg Return

-14.5%

5 Yr Avg Return

N/A

Net Assets

$95.5 M

Holdings in Top 10

68.6%

52 WEEK LOW AND HIGH

$18.5
$15.57
$19.25

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 52.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Roundhill Sports Betting & iGaming ETF

BETZ | ETF

$18.37

$95.5 M

0.00%

0.75%

BETZ - Profile

Distributions

  • YTD Total Return 5.9%
  • 3 Yr Annualized Total Return -14.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Roundhill Sports Betting & iGaming ETF
  • Fund Family Name
    Roundhill Investments
  • Inception Date
    Jun 03, 2020
  • Shares Outstanding
    8800000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Andrew Serowik

Fund Description

The Fund seeks to track the total return performance, before fees and expenses, of the Index.
Morningstar® Sports Betting & iGaming Select Index
The Index was developed by Morningstar, Inc. (the “Index Provider”) and is designed to provide pure exposure to sports and online betting themes. In order to achieve such exposure, the Index is comprised of common stock (or corresponding American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”)) of domestic and foreign sports and online betting (a/k/a iGaming) companies. The Index Provider defines sports betting and iGaming companies as follows (although the definitions may change over time):
◦Sports Betting Companies – companies engaged, directly or indirectly, in analyzing sports events and wagering on the outcome, such as online bookmaking.
◦iGaming Companies – companies engaged, directly or indirectly, in betting online in games of chance, such as poker, slots, blackjack, or the lottery.
The composition of the Index is based on the following rules:
Stocks included in the Index must (i) receive a score 1 or higher from the Index Provider on either a Sports Betting or iGaming theme, (ii) have a free-float market capitalization of at least $100 million (USD), and (iii) have a minimum three-month average daily traded value of $250,000 (USD). The Index Provider will assign a score of 1 or higher to a company that the Index Provider has determined (a) is a producer of related goods or services or a supplier of those producers, and (b) is highly likely to enjoy a material net profit increase from its exposure to such Sports Betting or iGaming theme over the next five years. The Index Provider estimates the percent revenue a company will derive from its exposure to each theme at a point in time five years forward, which translates to the following scores: 0 = less than 10% revenue; 1 = 10% - 25% of revenue for a producer or supplier; 2 = 25% - 50% of revenue for a producer or
supplier; 3 = greater than 50% of revenue for a supplier; 4 = greater than 50% revenue for a producer. Scores are reviewed by the Index Provider’s steering committee for quality control and to ensure consistency.
Index components are weighted in proportion to both their combined theme score and their free-float market capitalization, subject to capping constraints. Companies with higher combined theme scores are allocated a greater weight in the Index. Index components are capped to ensure that no Index component has a weight greater than 10% and the sum of components with weights greater than or equal to 5% cannot exceed 40%.
The Index is reconstituted and rebalanced annually on the Monday following the third Friday in December. The number of stocks included in the Index may vary and is subject to the selection and eligibility criteria at the time of reconstitution. As of March 31, 2024, the Index had 32 components.
The Fund’s Investment Strategy
The Fund will generally invest all, or substantially all, of its assets in the component securities of the Index, but also may invest in investments that provide comparable exposure, including but not limited to depositary receipts representing Index components and investments in other exchange-traded funds (“ETFs”). Under normal circumstances, at least 80% of the Fund’s net assets (plus borrowings for investment purposes) will be invested in securities issued by Sports Betting and iGaming Companies.
The Fund will generally use a “replication” strategy to achieve its investment objective, meaning the Fund generally will invest in all of the component securities of the Index in approximately the same proportions as in the Index. However, the Fund may use a “representative sampling” strategy, meaning it may invest in a sample of the securities in the Index whose risk, return, and other characteristics closely resemble the risk, return, and other characteristics of the Index as a whole, when Exchange Traded Concepts, LLC (the “Sub-Adviser”), the Fund’s sub-adviser, believes it is in the best interests of the Fund (e.g., when replicating the Index involves practical difficulties or substantial costs, an Index component becomes temporarily illiquid, unavailable, or less liquid, or as a result of legal restrictions or limitations that apply to the Fund but not to the Index).
The Fund also may invest in securities or other investments not included in the Index, but which the Sub-Adviser believes will help the Fund track the Index. For example, the Fund may invest in securities that are not components of the Index to reflect various corporate actions and other changes to the Index (such as reconstitutions, additions, and deletions).
To the extent the Index concentrates (i.e., holds more than 25% of its total assets) in the securities of a particular industry or group of related industries, the Fund will concentrate its investments to approximately the same extent as the Index. As of March 31, 2024, the Index was concentrated in the Casinos and Gaming Sub-Industry, a separate industry within the Consumer Discretionary Sector.
The Fund is classified as a “non-diversified” investment company under the Investment Company Act of 1940 (the “1940 Act”).
Read More

BETZ - Performance

Return Ranking - Trailing

Period BETZ Return Category Return Low Category Return High Rank in Category (%)
YTD 5.9% -1.0% 25.0% 85.71%
1 Yr 15.4% 7.6% 53.2% 92.86%
3 Yr -14.5%* -18.0% 17.7% 97.56%
5 Yr N/A* 3.3% 22.2% 95.24%
10 Yr N/A* 2.5% 17.8% 100.00%

* Annualized

Return Ranking - Calendar

Period BETZ Return Category Return Low Category Return High Rank in Category (%)
2023 21.2% 9.6% 67.9% 71.43%
2022 -42.4% -55.7% -13.2% 92.86%
2021 -3.9% -25.2% 48.8% 75.61%
2020 N/A -11.3% 122.6% N/A
2019 N/A 7.7% 47.9% N/A

Total Return Ranking - Trailing

Period BETZ Return Category Return Low Category Return High Rank in Category (%)
YTD 5.9% -1.0% 25.0% 85.71%
1 Yr 15.4% 7.6% 53.2% 92.86%
3 Yr -14.5%* -18.0% 17.7% 97.56%
5 Yr N/A* 3.3% 22.2% N/A
10 Yr N/A* 2.5% 17.8% N/A

* Annualized

Total Return Ranking - Calendar

Period BETZ Return Category Return Low Category Return High Rank in Category (%)
2023 21.2% 11.5% 68.9% 78.57%
2022 -42.0% -55.7% -12.8% 92.86%
2021 -3.9% -25.2% 57.6% 85.37%
2020 N/A -10.3% 123.8% N/A
2019 N/A 11.4% 48.7% N/A

BETZ - Holdings

Concentration Analysis

BETZ Category Low Category High BETZ % Rank
Net Assets 95.5 M 8.65 M 20.1 B 59.52%
Number of Holdings 34 25 305 88.10%
Net Assets in Top 10 56 M 2.16 M 13.5 B 57.14%
Weighting of Top 10 68.61% 15.6% 75.4% 14.29%

Top 10 Holdings

  1. Mount Vernon Liquid Assets Portfolio, LLC 10.61%
  2. Flutter Entertainment PLC 10.59%
  3. DraftKings Inc 8.57%
  4. Evolution AB 6.78%
  5. Churchill Downs Inc 6.44%
  6. Kindred Group PLC 6.22%
  7. Betsson AB 5.07%
  8. Playtech Plc 4.95%
  9. Sportradar Group AG 4.93%
  10. Entain PLC 4.45%

Asset Allocation

Weighting Return Low Return High BETZ % Rank
Stocks 		99.17% 97.65% 108.16% 92.86%
Cash 		11.39% 0.00% 31.50% 9.52%
Preferred Stocks 		0.00% 0.00% 0.84% 85.71%
Other 		0.00% 0.00% 4.99% 85.71%
Convertible Bonds 		0.00% 0.00% 0.04% 83.33%
Bonds 		0.00% 0.00% 0.00% 83.33%

Stock Sector Breakdown

Weighting Return Low Return High BETZ % Rank
Consumer Cyclical 		92.88% 3.24% 96.69% 16.67%
Communication Services 		6.15% 0.00% 77.13% 33.33%
Technology 		0.97% 0.00% 56.29% 30.95%
Utilities 		0.00% 0.00% 6.10% 83.33%
Real Estate 		0.00% 0.00% 17.67% 85.71%
Industrials 		0.00% 0.00% 42.91% 92.86%
Healthcare 		0.00% 0.00% 13.27% 88.10%
Financial Services 		0.00% 0.00% 4.68% 85.71%
Energy 		0.00% 0.00% 1.00% 83.33%
Consumer Defense 		0.00% 0.00% 29.70% 95.24%
Basic Materials 		0.00% 0.00% 7.13% 85.71%

Stock Geographic Breakdown

Weighting Return Low Return High BETZ % Rank
US 		54.02% 28.98% 108.16% 92.86%
Non US 		45.14% 0.00% 70.76% 9.52%

BETZ - Expenses

Operational Fees

BETZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.08% 2.43% 38.10%
Management Fee 0.75% 0.03% 0.85% 80.95%
12b-1 Fee 0.00% 0.00% 1.00% 25.00%
Administrative Fee N/A 0.25% 0.25% N/A

Sales Fees

BETZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

BETZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BETZ Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 4.00% 214.00% 55.56%

BETZ - Distributions

Dividend Yield Analysis

BETZ Category Low Category High BETZ % Rank
Dividend Yield 0.00% 0.00% 6.92% 97.62%

Dividend Distribution Analysis

BETZ Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

BETZ Category Low Category High BETZ % Rank
Net Income Ratio 0.26% -1.54% 1.17% 48.78%

Capital Gain Distribution Analysis

BETZ Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

BETZ - Fund Manager Analysis

Managers

Andrew Serowik

Start Date

Tenure

Tenure Rank

Jun 03, 2020

1.99

2.0%

Mr. Serowik joined Exchange Traded Concepts, LLC from Goldman Sachs in May 2018. He began his career at Spear, Leeds & Kellogg, continuing with Goldman after its acquisition of SLK in September 2000. During his career of more than 18 years at the combined companies, he held various roles, including managing the global Quant ETF Strats team and One Delta ETF Strats. He designed and developed systems for portfolio risk calculation, algorithmic ETF trading, and execution monitoring, with experience across all asset classes. He graduated from the University of Michigan with a Bachelor of Business Administration degree in Finance.

Gabriel Tan

Start Date

Tenure

Tenure Rank

Jul 01, 2021

0.92

0.9%

Mr. Tan joined Exchange Traded Concepts, LLC in May 2019 as an Associate Portfolio Manager and was promoted to Portfolio Manager in December 2020. He began his career at UBS and BBR Partners where he worked as a financial planning analyst and a portfolio strategist for over four years. During his time there, he developed comprehensive wealth management solutions focused on portfolio optimization, trust and estate planning, and tax planning.

Todd Alberico

Start Date

Tenure

Tenure Rank

Jul 01, 2021

0.92

0.9%

Mr. Alberico joined Exchange Traded Concepts, LLC in November 2020, having spent the past 14 years in ETF trading at Goldman Sachs, Cantor Fitzgerald, and, most recently, Virtu Financial. He spent most of that time focused on the Trading and Portfolio Risk Management of ETFs exposed to international and domestic equity. He has worked on several different strategies including lead market-making and electronic trading, to customer facing institutional business developing models for block trading as well as transitional trades. Mr. Alberico graduated from St. John’s University in NY with a Bachelor of Science degree in Finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.31 24.18 12.19 14.22

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