Casino Etfs To Buy
With 2 ETFs traded on the U.S. Markets, Casinos / Gaming ETFs have total assets under management of $418.34M. The average expense ratio is 0.70%. Casinos / Gaming ETFs can be found in the. These 10 equity-income ETFs are rated highest by TheStreet Ratings' value-focused rating model - they are suitable for investors who desire growth and income.
It’s no secret anymore that gaming, or esports, is big business and that trend should continue in 2020. That said, investors should keep gaming-focused ETFs on their watch lists for the new year.
Casino Etfs To Buy
“Today, the gaming industry is not just about a time-killing fun thing, in fact, it is now a million-dollar worth industry,” a Business Matters article noted. “With mobile gambling apps and online video gaming platform, you can make thousands of dollars in no time. There are certain ways through which you can make money through this industry and live a life of fortune.”
The article went on to note that areas that will continue growing within the gaming sector include development, content creation, in-game sales, online coaching, and esports careers.
Casino Etfs To Buy Today
- Top tech ETF – Invesco QQQ Trust (QQQ) 2020 performance: +48.4 percent. Expense ratio: 0.20.
- In a major blow to Amazon, a California court ruled that it can be held liable for faulty goods sold on its marketplace. I used to be an Amazon 3rd Party Seller, and the crap that you can buy in China in bulk, have the supplier slap your private label on the products, and launch them on Amazon, without any oversight from them is truly shocking.
- Investors should consider buying into genomics, cloud computing and video gaming ETFs as tech trades near records, Global X's Jay Jacobs says.
“Making money in the eSports industry is a highly obtainable goal, all you need to do is find the correct option you are passionate about and take the risk, the article added. “Without risk, no one can ever be successful therefore it is the time to do something and make a fortune from eSports.”
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 under management, ESPO is the biggest of the four. It seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Video Gaming & eSports Index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment.
- VanEck Vectors Gaming ETF (NasdaqGM: BJK): BJK is runner up in terms of size with over $27 million in assets. The fund seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment.
- Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSEArca: NERD): NERD doesn’t have the asset size of the first two funds, but it’s still worth a look given its current price of $15.74 as of Dec. 18. It seeks to track the total return performance of the Roundhill BITKRAFT Esports Index, which tracks the performance of the common stock of exchange-listed companies across the globe that earn revenue from electronic sports, or esports related business activities.
- Defiance NextGen Video Gaming ETF (NYSEArca: VIDG): VIDG is the smallest in terms of assets under management, but still worth a look. It seeks to track the total return performance of the BlueStar Next Gen Video Gaming Index, which consists of a modified market capitalization-weighted portfolio of the stock of companies whose products or services are predominantly tied to video gaming.
For more market trends, visit ETF Trends.
By Chris Markoch
of InvestorPlace