BETZ

Roundhill Sports Betting & iGaming ETF

Roundhill · $40.8m in assets, October 8, 2026

Owns companies in sports betting and online gambling, such as sportsbooks and online casinos, following a Morningstar index.

BETZ, the Roundhill Sports Betting & iGaming ETF, is a $41 million ETF whose main story is pure narrative flow. It holds 0.7% of the money in ETFs carrying that story, 6th of 99. Over the past year it returned −27.9%, against +16.8% for broad US ETFs. Figures to October 2, 2026; past performance, not a recommendation.

BETZ · the ETFFRI OCT 2Market price total return
+1.1% a yearTotal return since launch, June 2020
−27.9%Last 12 months
−22.6%Year to date
27.7%Volatility since launch

The narrative it carries

This is its only narrative.

Pure narrative flow →

Disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Pure narrative flow · the narrative this week
53.0WARM level, 9 of 22
last four weeks
99ETFs carry it
98.2%held by the top five
ARKKlargest holder, 91.7%
$93.4 bncapital, 13th of 22

The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.

Who owns the capital
ARKK 91.7%IBUY 2.0%BUZZ 1.7%MILN 1.4%SOCL 1.4%94 other ETFs 1.8%98.2%top five
#ETFSHAREASSETS1 YEARCOST
1ARKK91.7%$7.92bn+0.7%0.75%
2IBUY2.0%$120.1m−13.8%0.65%
3BUZZ1.7%$102.7m+3.4%0.76%
4MILN1.4%$87.1m−14.8%0.50%
5SOCL1.4%$85.0m−28.3%0.65%
94 other ETFs1.8%
BETZ: 0.7%, 6th of 99

Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 99 ETFs on the narrative page →

FRI OCT 2MARKET PRICE TOTAL RETURN

1M3MYTD1Y3Y*5Y*
BETZ−15.3%−14.7%−22.6%−27.9%+3.2%−11.2%
Pure narrative flowits narrative+6.7%+9.4%+14.8%−0.4%+31.0%−3.6%
The marketbroad US ETFs+0.8%+2.6%+14.6%+16.8%+22.9%+12.9%

1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on June 4, 2020: +1.1% a year.

$10,000 invested June 30, 2020

BETZ $11,431Pure narrative flow $13,272The market $26,800
$0$10,000$20,000$30,000Jun 2020Jun 2022Jun 2024Jun 2026$0$10,000$20,000$30,000Jun 2020Jun 2024

Year by year

BETZPure narrative flowThe market
-100%-50%0%50%100%BETZ 2021: -3.9%Narrative 2021: -22.2%The market 2021: +27.1%2021BETZ 2022: -42.0%Narrative 2022: -65.6%The market 2022: -19.8%2022BETZ 2023: +21.2%Narrative 2023: +66.7%The market 2023: +27.9%2023BETZ 2024: +10.2%Narrative 2024: +9.6%The market 2024: +23.1%2024BETZ 2025: +15.7%Narrative 2025: +34.6%The market 2025: +16.8%2025BETZ YTD: -22.6%Narrative YTD: +14.8%The market YTD: +14.6%YTD-100%-50%0%50%100%BETZ 2021: -3.9%Narrative 2021: -22.2%The market 2021: +27.1%2021BETZ 2022: -42.0%Narrative 2022: -65.6%The market 2022: -19.8%2022BETZ 2023: +21.2%Narrative 2023: +66.7%The market 2023: +27.9%2023BETZ 2024: +10.2%Narrative 2024: +9.6%The market 2024: +23.1%2024BETZ 2025: +15.7%Narrative 2025: +34.6%The market 2025: +16.8%2025BETZ YTD: -22.6%Narrative YTD: +14.8%The market YTD: +14.6%YTD

Total return in each calendar year; this year is year to date. A year appears only if BETZ traded for all of it.

Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.

Common questions

What story is BETZ selling?

BETZ’s main story is pure narrative flow, which covers disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Which ETFs compete with BETZ?

The ETFs whose weekly returns move most like BETZ’s over the past 3 years are MILN (0.73), IBUY (0.71) and DRAY (0.70).

How much of pure narrative flow does BETZ hold?

BETZ holds 0.7% of the money in ETFs carrying that story, 6th of 99.

How has BETZ performed against its story?

Over the past year BETZ returned −27.9%, the ETFs carrying pure narrative flow −0.4% and broad US ETFs +16.8%, to October 2, 2026. Its weekly returns have a correlation of 0.59 with the story. Past performance only.

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Narrative figures are from the weekly board. Performance is market price total return as of October 2, 2026. Assets are StoryVector’s weekly figure. Classification and measurement. Not investment advice. How the measurement works →