Football season is back, with the NFL season starting on Sept. 4. U.S. bettors are expected to wager a record $30 billion this season. Legalized sports wagering generated $115 billion in revenue in 2024, legal in 39 states and Puerto Rico. An ETF like Roundhill Sports Betting & iGaming (BETZ) offers investors diversified exposure to sports wagering stocks.

The Roundhill BETZ ETF has $89.5 million in assets under management and is up 30% YTD. It carries a 0.75% management fee and tracks the Morningstar Sports Betting & iGaming Select Index, which is up 33% YTD. The ETF holds 29 stocks, with top holdings like Flutter Entertainment, DraftKings, and Genius Sports.

Investors can capitalize on the expected record volume of NFL betting by investing in the BETZ ETF. While not directly involved in NFL wagering, the ETF’s performance outpaces top companies in the sector like DraftKings and Flutter. With strong YTD returns, the ETF offers diversification and growth opportunities for investors looking to enter the sports wagering market.

Read more at Yahoo Finance: 1 ETF Worth Snapping Up Before September 4