# Roundhill Investments - Sports Betting & iGaming ETF (BETZ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/betz for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Roundhill Investments · Asset class: Equity - Strategy: Passive Index · Inception: 2020-06-04 Roundhill identifies a compelling investment opportunity in sports betting and iGaming companies, attributing this to a progressively more favorable regulatory landscape. This outlook forms the foundation for the Roundhill Sports Betting & iGaming ETF (BETZ), which holds the distinction of being the globe's foremost exchange-traded fund concentrated on the gambling industry. BETZ endeavors to mirror the returns of the Morningstar Sports Betting & iGaming Select Index. ## Key Facts | Metric | Value | |---|---| | Price | $16.49 | | Expense Ratio | 0.75% | | Assets Under Management | $40.7M | | NAV | $16.61 | | Holdings Count | 42 | | Distribution Yield (TTM) | 5.82% | | Annual Distribution (TTM) | $0.96 /share | | Distribution Frequency | Annual | | 52-Week Range | $16.12 – $22.63 | | Beta | 1.04 | ## Latest Distribution - Amount: $0.9594 /share - Ex-date: 2025-12-30 - Pay date: 2025-12-31 ## Frequently Asked Questions ### What does BETZ invest in? Roundhill identifies a compelling investment opportunity in sports betting and iGaming companies, attributing this to a progressively more favorable regulatory landscape. This outlook forms the foundation for the Roundhill Sports Betting & iGaming ETF (BETZ), which holds the distinction of being the globe's foremost exchange-traded fund concentrated on the gambling industry. BETZ endeavors to mirror the returns of the Morningstar Sports Betting & iGaming Select Index. ### What is the expense ratio of BETZ? Roundhill Investments - Sports Betting & iGaming ETF (BETZ) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BETZ? Roundhill Investments - Sports Betting & iGaming ETF (BETZ) manages $40.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BETZ actively managed or an index fund? BETZ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BETZ's is 0.75%) because there's no security selection cost. ### When was BETZ launched? Roundhill Investments - Sports Betting & iGaming ETF (BETZ) launched in June 2020 and is managed by Roundhill Investments. ### How has BETZ performed? BETZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does BETZ pay a dividend? Roundhill Investments - Sports Betting & iGaming ETF (BETZ) currently distributes little or no income. Trailing-twelve-month yield is 5.82%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BETZ pay dividends? Roundhill Investments - Sports Betting & iGaming ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BETZ's dividend yield? BETZ's trailing-twelve-month yield is 5.82%, calculated from the sum of dividends over the past year divided by the current price. ### When is BETZ's next ex-dividend date? The most recently announced ex-dividend date for BETZ was 2025-12-30. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BETZ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BETZ charge its expense ratio? The expense ratio is deducted in tiny daily slices from BETZ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BETZ cost more than a fund like VOO? BETZ is a passive index fund (current expense ratio 0.75%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to BETZ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BETZ (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/betz - Distribution history: https://www.dividenddata.com/funds/betz/dividend - Holdings & diversification: https://www.dividenddata.com/funds/betz/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/betz/expenses - Peer comparison: https://www.dividenddata.com/funds/betz/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.