Roundhill Sports Betting Etf Profile
| BETZ Etf | USD 20.51 0.12 0.59% |
Performance19 of 100
| Odds Of DistressLess than 9
|
Roundhill Sports is trading at 20.51 as of the 30th of November 2024; that is 0.59 percent increase since the beginning of the trading day. The etf's open price was 20.39. Roundhill Sports has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Roundhill Sports Betting are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in securities issued by Sports Betting and iGaming Companies. Roundhill Sports is traded on NYSEARCA Exchange in the United States. More on Roundhill Sports Betting
Moving together with Roundhill Etf
Roundhill Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Consumer Cyclical, Roundhill Investments (View all Sectors) |
| Issuer | Roundhill Investments |
| Inception Date | 2020-06-04 |
| Benchmark | Roundhill Sports Betting & iGaming Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Roundhill Financial Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Travis Trampe |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 33.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 17.57 |
| Name | Roundhill Sports Betting iGaming ETF |
| Currency Code | USD |
| Open Figi | BBG00V7866V2 |
| In Threey Volatility | 27.99 |
| 1y Volatility | 15.11 |
| 200 Day M A | 17.8267 |
| 50 Day M A | 19.0296 |
| Code | BETZ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.57) |
| Type | ETF |
Roundhill Sports Betting [BETZ] is traded in USA and was established 2020-06-03. The fund is listed under Consumer Cyclical category and is part of Roundhill Investments family. The entity is thematically classified as Strategy ETFs. Roundhill Sports Betting currently have 106.37 M in assets under management (AUM). , while the total return for the last 3 years was -6.2%.
Check Roundhill Sports Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Roundhill Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Roundhill Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Roundhill Sports Betting Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Roundhill Sports Betting Currency Exposure
Roundhill Sports Betting holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Roundhill Sports will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Roundhill Sports Betting.
Top Roundhill Sports Betting Etf Constituents
| FDJ | La Francaise Des | Stock | Gambling | |
| DKNG | DraftKings | Stock | Consumer Discretionary | |
| RSI | Rush Street Interactive | Stock | Consumer Discretionary | |
| KAMBI | Kambi Group PLC | Stock | Gambling | |
| MGM | MGM Resorts International | Stock | Consumer Discretionary | |
| TAH | Tabcorp Holdings | Stock | Consumer Discretionary | |
| PBH | Pointsbet Holdings | Stock | Consumer Discretionary | |
| SRAD | Sportradar Group AG | Stock | Consumer Discretionary |
Roundhill Sports Betting Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Roundhill Sports. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1659 | |||
| Jensen Alpha | 0.1042 | |||
| Total Risk Alpha | 0.0379 | |||
| Sortino Ratio | 0.0815 |
Roundhill Sports Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundhill Sports Betting. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Roundhill Sports Betting is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill Sports' value that differs from its market value or its book value, called intrinsic value, which is Roundhill Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Roundhill Sports' market value can be influenced by many factors that don't directly affect Roundhill Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Roundhill Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill Sports' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.