By Chris Markoch of InvestorPlaceOnline Gambling Stocks Etf Stocks
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. 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. The largest Casinos / Gaming ETF is the Roundhill Sports Betting & iGaming ETF BETZ with $148.80M in assets. In the last trailing year, the best performing Casinos / Gaming ETF was the BJK at. Goldman Sachs expects sports betting to become a $28 billion industry and iGaming or online gambling to become a $9.5 billion industry. The Roundhill Sports Betting & iGaming ETF (BETZ), the first.
Goldman Sachs expects sports betting to become a $28 billion industry and iGaming or online gambling to become a $9.5 billion industry. BETZ, the first and only ETF to provide exposure to this.
Online Gambling Stocks Etf Screener
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.
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