DKNG - BETZ approaching 100% returns since inception
The sports betting and iGaming exchange traded fund (BETZ) launched back on June 3rd 2020 has been on a one-way ticket to the topside. We are a approaching a 100% return in just a little over eight months’ time. Since the initiation to the market, BETZ is up 96.13% and has touched as high 96.59%.Trading on the NYSE with an expense ratio of .75% and its 40 holdings this thematic ETF by Roundhill Investments has found a niche investor community that is willing to pour money into it. Currently BETZ has $357.31M AUM.The BETZ fund exposure is broken down and focused on 39.2% in large caps, 40.8% holdings in mid caps and 20% in small caps. With key holdings in Penn National Gaming (PENN) and Draft Kings (DKNG). The future for online sports betting, online poker, casino games and more appears to have some upside to go. Not all 50
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BETZ approaching 100% returns since inception