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BETZ vs ESPO

Roundhill Sports Betting & iGaming ETF

BETZDNYSE Arca

VanEck Video Gaming and eSports ETF

ESPOBNasdaq

Overlap

Expense ratio

ESPO −0.20pt a year

BETZ0.75%ESPO0.55%

Avg volume · 30D

BETZ 1.9×the volume

BETZ30KESPO15.7K

5Y return · a year

ESPO +18.4pt

BETZ−10.0%ESPO+8.4%

BETZ vs ESPO Performance

Oct 29, 2021 – Oct 30, 2026

−40.9%BETZ+49.4%ESPO

Oct 29, 2021 to Oct 30, 2026. BETZ −40.9%. ESPO +49.4%. Use the arrow keys to read each point.−25%0%25%75%Oct 2021Apr 2024Oct 2026
Expense ratio
BETZ 0.75%
ESPO 0.55%, better
Fund size
BETZ $41M
ESPO $240M
1Y total return
BETZ −18.0%
ESPO −14.3%, better
Yield (12M)
BETZ 5.74%, better
ESPO 1.34%
Holdings
BETZ 19
ESPO 28
Avg volume (30D)
BETZ 30K sh, better
ESPO 15.7K sh
NAV per share
BETZ $16.77
ESPO $96.17
52W range

ETF.net Grade

BETZ: Cost 8, Risk 35, Mission not scored, Tradability 56, Holdings 23, Durability 60. ESPO: Cost 51, Risk 67, Mission not scored, Tradability 78, Holdings 62, Durability 84.
Pillar letters and Scores for BETZ, ESPO, with each pillar’s weight
PillarBETZESPO
Cost30% weightF8C51Higher
Mission25% weightNot scoredNot scored
Risk15% weightD35B67Higher
Tradability15% weightB56A78Higher
Holdings10% weightF23B62Higher
Durability5% weightB60A84Higher

Rank among Gaming, Esports & Betting funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BETZ and ESPO are both graded against the same 9 Gaming, Esports & Betting funds, so their Grades compare head to head.

Gaming, Esports & Betting⁠

Category · 9 funds
See all 9 ›

ESPO ranks 1st and BETZ 9th of 9 funds in the Gaming, Esports & Betting Category.

  1. Rank 1BESPOVanEck Video Gaming and eSports ETFScore 63
  2. Rank 2BHEROGlobal X Video Games & Esports ETFScore 57
  3. Rank 6CODDZCorgi Sports Betting & Gambling ETFScore 40
  4. Rank 9DBETZRoundhill Sports Betting & iGaming ETFScore 28

Our read on each fund

ETF.net Research

BETZDRoundhill Sports Betting & iGaming ETF

ESPOBVanEck Video Gaming and eSports ETF

In short

BETZ A 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.

ESPO Video games, straight up. ESPO tracks a global index of game developers, esports companies and the hardware and software behind them, in a concentrated basket of roughly 30 names, running since 2018.

Stated mandate

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

ESPO The ETF seeks to track, before fees and expenses, the price and yield performance of the MVIS Global Video Gaming and eSports Index. The index covers companies involved in video game development, esports, and related hardware and software.

Why people hold it

  • BETZ Undiluted 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
  • Actively managed, so the roughly 40-stock lineup can be reshaped as operators rise and fade, instead of waiting on an index reconstitution calendar.
  • A 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.
  • One 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.
  • ESPO A tight read on the theme: the index covers video game development, esports, and related hardware and software, so the basket stays near the console and the code instead of drifting into general entertainment.vaneck.com
  • Global mandate. Gaming's biggest publishers are listed all over the world, and ESPO's index is built to reach them rather than stopping at US-listed names.vaneck.com
  • Priced at 0.55%, right at the middle of the gaming and esports ETF group, and one of the stronger overall implementations among its peers.
  • Launched in 2018, making it one of the elder statesmen of gaming ETFs, with a few hundred million dollars of assets behind it.

Worth knowing

  • BETZ The 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.
  • Roughly 40 stocks tied to one industry means moves can be sharp in both directions, and single-name news carries real weight here.
  • Trades 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.
  • ESPO Roughly 30 holdings. One publisher's flopped launch or blowout quarter lands harder here than it would in a broad index.
  • Not the cheapest seat in the arcade: HERO and NERD both charge 0.50% for their own takes on gaming.
  • Trades lighter than mainstream index funds, so spreads can widen in fast markets. Distributions come once or twice a year, not monthly.

Full BETZ profile⁠

Full ESPO profile⁠

BETZ vs ESPO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BETZ vs ESPO Cost

Overpaying BETZ vs ESPO

$3,578

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BETZ 0.75%

    $14,482

  • ESPO 0.55%

    $10,904

$10,000
30 years

Cost over time

  • BETZ 0.75%
  • ESPO 0.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BETZ $14,482ESPO $10,904

Year by year

YearBETZESPOOverpaying
10$1,336$988$348
20$5,078$3,790$1,288
30$14,482$10,904$3,578

Expense ratio

  • 0.75%BETZ
  • 0.55%ESPO, cheaper
  • Middle half of Gaming, Esports & Betting funds
  • Median 0.55%

ESPO 5th cheapest of 9 funds

BETZ 9th cheapest of 9 funds

BETZ vs ESPO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BETZ 5.74%, better
ESPO 1.34%
Payout (12M)
BETZ $0.96
ESPO $1.29
Last payment
BETZ $0.96
ESPO $1.29
Ex-dividend
BETZ Dec 30, 2025
ESPO Dec 22, 2025
Paid on
BETZ Dec 31, 2025
ESPO Dec 26, 2025
Frequency
BETZ Annual
ESPO Annual

Distribution history

Per share, 2018 to 2026, same scale for both

BETZAnnual · 4 paymentsAll BETZ payments⁠
One bar per payment. 4 payments from 2018 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.$0$2.50202020232026YTD
ESPOAnnual · 8 paymentsAll ESPO payments⁠
One bar per payment. 8 payments from 2018 to 2026 YTD. Dec 20, 2018 $0.01; Dec 23, 2019 $0.08; Dec 21, 2020 $0.09; Dec 20, 2021 $2.23; Dec 19, 2022 $0.39; Dec 18, 2023 $0.54; Dec 23, 2024 $0.37; Dec 22, 2025 $1.29. Use the arrow keys to read each point.$0$2.50202020232026YTD

BETZ vs ESPO Risk

Fall from peak · 5 years

  • BETZ
  • ESPO
Oct 29, 2021 to Oct 30, 2026. Worst fall: BETZ −58.1% · Sep 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
BETZ 21.7%ESPO 17.8%, better
Return per unit of riskSharpe ratio, 3 years
BETZ 0.18ESPO 1.12, better
Worst fallMax drawdown, 5 years
BETZ −58.1%ESPO −48.3%, better
Market sensitivityBeta, 5 years
BETZ 1.04ESPO 0.98

BETZ and ESPO in the news

All news⁠

Popular comparisons

  • BETZDvsHEROB

    Roundhill Sports Betting & iGaming ETF · Global X Video Games & Esports ETF

    Expense ratio
    0.75% · 0.50%
    Category
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  • ESPOBvsHEROB

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    Expense ratio
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  • ESPOBvsGGMEC

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    Expense ratio
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    Category
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  • BETZDvsNERDC

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    Expense ratio
    0.75% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ESPOBvsNERDC

    VanEck Video Gaming and eSports ETF · Roundhill Video Games ETF

    Expense ratio
    0.55% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.