Online Gambling Stocks Etf
- ETF investors willing to play the gaming sector in 2020 would be keen to check out these 4 funds: VanEck Vectors Video Gaming and eSports ETF (NasdaqGM: ESPO): With over $56 million in assets.
- Shares of companies in the online sports betting and digital gambling space have rallied amid the coronavirus pandemic and one investment advisor has already taken advantage of the trend.
Since its start on June 4, investors have been making big “ BETZ,” so to speak, on the Roundhill Sports Betting & iGaming ETF. It’s a fund whose holdings include North American names such as. Gambling ETFs can be evaluated across one metric: Gambling Involvement. Gambling Involvement is calculated as the percentage of a portfolio’s market value exposed to companies with ties to gambling in the operation, support, licensing or ownership categories. The VanEck Vectors Video Gaming and eSports ETF (NYSEARCA:ESPO) was the first ETF with “e-sports” in its name, but the fund is still a couple of weeks shy of its first anniversary.
of InvestorPlace Online Gambling Stocks Etf Funds
Exchange traded funds (ETFs) have become one of the most popular investment vehicles over the last 10 years. And like many index funds, there are index funds to fit every investing style. If you’re an investor whose personal convictions allow you to invest in sin stocks, then there are some vice ETFs that you may want to consider. Sin stocks are companies that allow us to indulge our vices. These include gambling, alcohol, tobacco, and cannabis companies. However, they also now capture the gaming community in all its forms. Most of the sin stocks were hit hard at the onset of the pandemic. But many of these categories are coming back. One reason for that is mounting evidence that our nation is moving on from the pandemic. As it relates to sin stocks, casinos have reopened in many states. The return of live sports has provided a catalyst for online and in-person sports books. Several states just passed ballot initiatives to legalize recreational marijuana. And while the bar and restaurant industry is still providing a drag on alcohol sales, it appears that consumers are still stocking their home bars. Here are 5 vice ETFs for safe investment in sin stocks: AdvisorShares Vice ETF (NYSEARCA:VICE) VanEck Vectors Gaming ETF (NYSEARCA:BJK) VanEck Vectors Video Gaming and eSports ETF (NYSEARCA:ESPO) ETFMG Alternative Harvest ETF (NYSEARCA:MJ) Invesco Dynamic Leisure & Entertainment ETF (NYSEARCA:PEJ) Sin stocks remain volatile, and as I mentioned above, not all vice stocks are performing equally well. That’s a good reason to look at vice ETFs for portfolio exposure.
Online Gambling Stocks To Buy
