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BETZ

GradeDNew York Stock Exchange Arca

Roundhill Investments - Sports Betting & iGaming ETF

Themes · Roundhill Investments · Inception 2020-06-04

$17.70−0.53 (−2.88%)

As of Sep 23, 2026, 1:06 PM EDT

Intraday session: down, 15 prints from 18.23 to 17.70. Range 17.70 to 18.11. Use the arrow keys to read each point.$17.80$17.90$18.00$18.1010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$45M
1Y return
−22.6%
Yield · Last 12 months
5.26%
Holdings
42
Volume · 30D
0M sh
NAV per share
$18.20
52W range
low $17.05high $24.95

The ETF.net BETZ Grade

D

29/ 100

Rank 9 of 9 in Gaming, Esports & Betting

Confidence Medium

Six-pillar profile for BETZ. Scores out of 100: Cost 8, Risk 40, Mission not scored, Tradability 58, Holdings 22, Durability 58. Strongest: Tradability (58). Weakest: Cost (8). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 29 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 8
    Category rank9/9 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 40
    Category rank7/9 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 58
    Category rank4/9 · top 44%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    FScore 22
    Category rank9/9 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 58
    Category rank5/9 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on BETZ

ETF.net Research

DA pure play on sportsbooks and online casinos, run by a manager rather than an index. On a shelf crowded with video game and esports funds, BETZ is the one that stays on the betting slip.

Stated mandate

The Fund seeks total return through active investment in equity securities of companies involved in sports betting and iGaming.

Why people hold it

  1. 01Undiluted theme: the fund seeks total return by investing in sports betting and iGaming companies, not a broad consumer basket where the sportsbooks are a rounding error.roundhillinvestments.com
  2. 02Actively managed, so the roughly 40-stock lineup can be reshaped as operators rise and fade, instead of waiting on an index reconstitution calendar.
  3. 03A different bet than its cohort neighbors: ESPO, HERO and NERD center on video games and esports, while BETZ is built around wagering and online casino names.
  4. 04One of the early arrivals to the theme, trading since June 2020, with a live track record through the post-legalization buildout rather than a fresh launch.

Worth knowing

  1. 01The 0.75% expense ratio sits on the expensive side of the gaming and betting shelf, the price of an active manager over a cheaper index product.
  2. 02Roughly 40 stocks tied to one industry means moves can be sharp in both directions, and single-name news carries real weight here.
  3. 03Trades lighter than the largest thematic funds, so bid-ask spreads can be wider, and payouts come at most once or twice a year rather than monthly.

BETZ Holdings

As of Sep 20, 2026, 5:42 AM
Asset class
Stocks
Holdings
42
Top-10 weight
94%
Largest holding
EVO.ST17.6%

Sectors

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001EVO.STEvolution AB17.59%94,904$8M106
002G3643J108 SWPG3643J108 SWP17.01%89,932$8M1
00326142V105 SWP26142V105 SWP12.01%261,482$6M1
004ALWN.ATAllwyn AG11.70%393,042$6M65
005LTMC.MILottomatica Group Spa7.81%119,095$4M59
006SGHCSuper Group SGHC Ltd7.04%262,791$3M57
007LNW.AXLight & Wonder Inc6.78%39,951$3M12
008RSIRush Street Interactive Inc5.65%114,795$3M114
009ENT.LEntain PLC4.14%307,806$2M16
010SRADSportradar Group AG4.06%158,455$2M13
011PTEC.LPlaytech Plc1.63%139,224$773K41
012GENIGenius Sports Ltd1.59%133,740$754K49
013TAH.AXTabcorp Holdings Ltd1.49%1,097,055$706K47
014BETSB.STBetsson AB1.35%64,944$639K1
015FGXXXFirst American Government Obligations Fund 12/01/20310.40%188,787$189K86

Showing 1–15 of 17 holdings

BETZ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BETZ$7,735
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BETZ $7,735. SPY $11,723. Use the arrow keys to read each point.$6,951$9,534$12,118Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BETZ. Periods over one year show the average yearly return.
PeriodBETZ
Year to date−13.0%
1 month−7.1%
3 months−5.2%
1 year−22.6%
3 years+5.9%per year
5 years−9.4%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BETZ
YearReturn barBETZ
2026 YTD−13.0%
2025+15.7%
2024+10.2%
2023+21.2%
2022−42.0%
2021−3.9%
2020+60.5%

Since listing, Jun 4, 2020

BETZ in the news

ETF.net Research hasn’t filed on BETZ yet — coverage lands here as it’s written.

BETZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
5.26%Last 12 months
Payout per share
$0.96Last 12 months
Last payment
$0.96 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2020–2026

One bar per payment. 4 payments from 2020 to 2026 YTD. Dec 29, 2020 $0.07; Dec 13, 2022 $0.09; Dec 30, 2024 $0.16; Dec 30, 2025 $0.96. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Dec 31, 2025$0.96
Dec 30, 2024Dec 31, 2024$0.16
Dec 13, 2022Dec 15, 2022$0.09
Dec 29, 2020Dec 31, 2020$0.07

BETZ Risk

How much the fund’s monthly returns vary, scaled to a year.
20.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.13
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−59.6%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BETZ Cost

Expense ratio0.75%
  • The middle half of Gaming, Esports & Betting funds
  • Median 0.55%

Every other Gaming, Esports & Betting fund charges less.

BETZ costs $75.00 a year on $10,000. The median Gaming, Esports & Betting fund costs $55.00.