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BETZ vs HERO

Roundhill Sports Betting & iGaming ETF

BETZDNYSE Arca

Global X Video Games & Esports ETF

HEROBNasdaq

Overlap

0.0%by weight

Expense ratio

HERO −0.25pt a year

BETZ0.75%HERO0.50%

Avg volume · 30D

BETZ 1.6×the volume

BETZ30KHERO18.8K

5Y return · a year

HERO +8.8pt

BETZ−10.0%HERO−1.2%

BETZ vs HERO Performance

Oct 29, 2021 – Oct 30, 2026

−40.9%BETZ−6.0%HERO

Oct 29, 2021 to Oct 30, 2026. BETZ −40.9%. HERO −6.0%. Use the arrow keys to read each point.−60%−20%20%Oct 2021Apr 2024Oct 2026
Expense ratio
BETZ 0.75%
HERO 0.50%, better
Fund size
BETZ $41M
HERO $59M
1Y total return
BETZ −18.0%
HERO −17.5%, better
Yield (12M)
BETZ 5.74%, better
HERO 1.74%
Holdings
BETZ 19
HERO 42
Avg volume (30D)
BETZ 30K sh, better
HERO 18.8K sh
NAV per share
BETZ $16.77
HERO $26.61
52W range

ETF.net Grade

BETZ: Cost 8, Risk 35, Mission not scored, Tradability 56, Holdings 23, Durability 60. HERO: Cost 71, Risk 43, Mission 40, Tradability 52, Holdings 37, Durability 73.
Pillar letters and Scores for BETZ, HERO, with each pillar’s weight
PillarBETZHERO
Cost30% weightF8A71Higher
Mission25% weightNot scoredC40
Risk15% weightD35C43Higher
Tradability15% weightB56HigherC52
Holdings10% weightF23D37Higher
Durability5% weightB60A73Higher

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 HERO 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 ›

HERO ranks 2nd 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 3CGGMEInvesco Next Gen Media and Gaming ETFScore 52
  4. Rank 6CODDZCorgi Sports Betting & Gambling ETFScore 40
  5. Rank 9DBETZRoundhill Sports Betting & iGaming ETFScore 28

Our read on each fund

ETF.net Research

BETZDRoundhill Sports Betting & iGaming ETF

HEROBGlobal X Video Games & 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.

HERO A pure play on the companies that make and monetize games: roughly 40 video game and esports names in one index fund, priced under the typical fee in its niche.

Stated mandate

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

HERO The Fund seeks to deliver investment results that generally correspond to the price and yield performance of the Solactive Video Games & Esports Index before fees and expenses.

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.
  • HERO Costs 0.50% a year, below the 0.55% median for gaming and esports funds, including VanEck's ESPO at 0.55% and Invesco's GGME at 0.71%.
  • Does exactly what the label says: tracks the Solactive Video Games & Esports Index, not a broad tech basket with a few game studios sprinkled in.
  • Launched in 2019, part of the first wave of gaming funds, and it grades in the upper half of its peer group.

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.
  • HERO Thinly traded. Limit orders matter here, and spreads can widen when the market gets jumpy.
  • About 40 stocks in one industry. Concentration cuts both ways, and the fund rides the gaming cycle with little to cushion it.
  • Distributions come once or twice a year. This is a growth-theme equity fund, not an income line.

Full BETZ profile⁠

Full HERO profile⁠

BETZ vs HERO Holdings

As of

How BETZ and HERO differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BETZ and 0.0% of HERO.

Level by level

  • Holdings0 in both0.0%
  • Sector4 Sectors11.0%
  • Countryby domicile21.9%
  • Asset classEquity100%

Sector

Sector weights in BETZ and HERO, widest gap first
SectorMore in BETZMore in HERO
Consumer DiscretionaryBETZ +88.8 points
CommunicationHERO +88.0 points
IndustrialsHERO +1.0 points
TechnologyBETZ +0.2 points

Country, concentration and asset class

Country by domicile

Country weights in BETZ and HERO, widest gap first
CountryMore in BETZMore in HERO
JapanHERO +37.0 points
GreeceBETZ +21.5 points
United StatesBETZ +19.1 points
ItalyBETZ +17.7 points
ChinaHERO +16.6 points
South KoreaHERO +10.6 points
SwitzerlandBETZ +8.5 points
United KingdomBETZ +8.3 points
Other countries (5)HERO +11.0 points

Outside the US: BETZ 65% developed, 35% emerging. HERO 53% developed, 47% emerging.

Concentration

Weight in the 10 largest Holdings

  • BETZ137.1%
  • HERO58.1%

Securities held

  • BETZ16
  • HERO41

Asset class

BETZ
Equity
HERO
Equity

Holdings

  • Only in BETZ16
  • In both0
  • Only in HERO41

Only in BETZ

16 securities, 100% of BETZ by weight

  • United States Treasury Bill 12/03/202629.12%
  • First American Government Obligations Fund 12/01/203121.80%
  • Allwyn AG11.43%

Only in HERO

41 securities, 99.9% of HERO by weight

  • Konami Group Corporation7.28%
  • Unity Software Inc7.01%
  • Nintendo Co Ltd6.64%

Weight gaps

BETZ and HERO share no securities.

All 42 BETZ holdings⁠All 40 HERO 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 HERO Cost

Overpaying BETZ vs HERO

$4,503

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

  • BETZ 0.75%

    $14,482

  • HERO 0.50%

    $9,979

$10,000
30 years

Cost over time

  • BETZ 0.75%
  • HERO 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BETZ $14,482HERO $9,979

Year by year

YearBETZHEROOverpaying
10$1,336$900$436
20$5,078$3,460$1,618
30$14,482$9,979$4,503

Expense ratio

  • 0.75%BETZ
  • 0.50%HERO, cheaper
  • Middle half of Gaming, Esports & Betting funds
  • Median 0.55%

HERO 3rd cheapest of 9 funds

BETZ 9th cheapest of 9 funds

BETZ vs HERO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BETZ 5.74%, better
HERO 1.74%
Payout (12M)
BETZ $0.96
HERO $0.46
Last payment
BETZ $0.96
HERO $0.13
Ex-dividend
BETZ Dec 30, 2025
HERO Jun 29, 2026
Paid on
BETZ Dec 31, 2025
HERO Jul 7, 2026
Frequency
BETZ Annual
HERO Twice a year

Distribution history

Per share, 2019 to 2026, same scale for both

BETZAnnual · 4 paymentsAll BETZ payments⁠
One bar per payment. 4 payments from 2019 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$1202020232026YTD
HEROTwice a year · 14 paymentsAll HERO payments⁠
One bar per payment. 14 payments from 2019 to 2026 YTD. Dec 30, 2019 $0.03; Jun 29, 2020 $0.01; Dec 30, 2020 $0.21; Jun 29, 2021 $0.03; Dec 30, 2021 $0.13; Jun 29, 2022 $0.05; Dec 29, 2022 $0.005; Jun 29, 2023 $0.03; Dec 28, 2023 $0.12; Jun 27, 2024 $0.04; Dec 30, 2024 $0.21; Jun 27, 2025 $0.15; Dec 30, 2025 $0.33; Jun 29, 2026 $0.13. Use the arrow keys to read each point.$0$1202020232026YTD

BETZ vs HERO Risk

Fall from peak · 5 years

  • BETZ
  • HERO
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%HERO 18.3%, better
Return per unit of riskSharpe ratio, 3 years
BETZ 0.18HERO 0.61, better
Worst fallMax drawdown, 5 years
BETZ −58.1%HERO −46.5%, better
Market sensitivityBeta, 5 years
BETZ 1.04HERO 0.90

BETZ and HERO in the news

All news⁠

Popular comparisons

  • BETZDvsESPOB

    Roundhill Sports Betting & iGaming ETF · VanEck Video Gaming and eSports ETF

    Expense ratio
    0.75% · 0.55%
    Category
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  • HEROBvsESPOB

    Global X Video Games & Esports ETF · VanEck Video Gaming and eSports ETF

    Expense ratio
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  • BETZDvsGGMEC

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    Expense ratio
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  • HEROBvsGGMEC

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    Expense ratio
    0.50% · 0.63%
    Category
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  • BETZDvsNERDC

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    Expense ratio
    0.75% · 0.50%
    Category
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  • HEROBvsNERDC

    Global X Video Games & Esports ETF · Roundhill Video Games ETF

    Expense ratio
    0.50% · 0.50%
    Category
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