Best Gambling ETFs to Bet On

Gambling ETFs (Last Updated On: March 21, 2022)

Wagering on ETFs gives you instant benefits. They are traded like stocks, giving you a chance to diversify your portfolio. ETFs cost less and are highly liquid. You can trade your ETFs anytime and buy a different stock or withdraw your money.

ETFs gambling is still new, but its popularity is growing fast. There are different ETFs you can buy, but you will get a better advantage if you choose the best. These are the best gambling ETFs you can bet on:

VanEck Vectors Gaming ETF

VanEck Vectors Gaming ETF is a top ETF in online gambling, currently trading at $40.32. The ETF has a unique focus on sports betting, casinos, and social media. It is significant to gamblers who want to have a deeper experience with the gambling sector.

The latest ratings show the ETF is rated at 5.47 out of 10. The stock was launched about three years ago and has over $1 billion in assets. It is one of the best-performing stocks with a current ROI of about 89%. Experts estimate the ETF will grow from a market cap of $500 million and exceed $28 billion.

Roundhill Sports Betting & iGaming ETF

Roundhill Sports Betting & iGaming ETF have recorded an impressive performance over the last two years. The latest business news show the ETF recorded a growth of 18.9% in 2021. Over three months, the ETF recorded a daily volume of 117,468.

The ETF was incepted in mid-2020 and has grown to an asset value of $271 million. Issued by Roundhill Investments, the ETF focuses more on exposure to internet wagering through diverse investments.

iShares MSCI Hong King ETF

To help you understand better what ETFs are, think of them in terms of investments funds or products traded at the stock exchange. It is investment security pooled similarly to how mutual funds operate. They are pegged to a particular index.

An example is iShares MSCI Hong King ETF which focuses more on gambling to pool its funds for investors. The stock has pooled 30 other stocks. Investing in the iShares MSCI Hong King ETF allows you to participate in the fast-growing ETF market.

AdvisorShares Vice ETF

AdvisorShares Vice ETF uses the name vice because it invests in companies whose products could be termed by some people as vice. These are products such as tobacco, alcohol, marijuana, and gambling. Like most ETFs, this stock doesn’t follow the common index-tracking plan.

The ETF fund manager commands direct control of its assets. This allows faster decision-making and adjustments when opportunities present themselves. The ETF has invested over 90 percent of its funds in US-based companies. About 40 percent of its investments are in the gambling and casinos industry. Since its launch, the stock has been rising steadily.

About the Author: grabthedata

You might like

Leave a Reply

Your email address will not be published.