Do BETZ and BNGE hold the same stocks?

By their latest filings, 13% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, BETZ or BNGE?

BETZ has 0% of its weight in S&P 500 names and BNGE has 21%, so BETZ differs more from the index.

Which is cheaper, BETZ or BNGE?

BETZ charges 0.75% a year and BNGE charges 0.70%, so BNGE is cheaper. Fees come from each fund's prospectus.

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BETZ vs BNGE: which is really different?

BETZ and BNGE hold 13% of their weight in the same names, and BNGE returned −23.9% over the year. Roundhill Sports Betting & iGaming ETF and First Trust S-Network Streaming & Gaming ETF.

0.0%

BETZ in the S&P 500

21.0%

BNGE in the S&P 500

−28.8%

BETZ total return, 1 year

−23.9%

BNGE total return, 1 year

BETZ · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of BETZ's weight is in S&P 500 companies and 100% is outside the index

BNGE · 1 year to Sep 30, 202679% of its weight is outside the S&P 500

21% of BNGE's weight is in S&P 500 companies and 79% is outside the index

ETFIQ Off-Index Score · BETZ scores higherHow much of it is not the index it is sold as an alternative to?

BETZ 92

BNGE 64.5

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, BETZ and BNGE hold 13% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

13% in common

Positions both hold, largest shared weight first

Holding BETZ BNGE

Flutter Entertainment PLC 7.57% 2.84%

DraftKings Inc 6.62% 2.44%

Evolution AB 6.58% 2.36%

Lottomatica Group Spa 5.34% 1.93%

Entain PLC 4.99% 0.95%

Rush Street Interactive Inc 5.82% 0.55%

Playtech Plc 3.33% 0.54%

Allwyn AG 6.76% 0.45%

Super Group SGHC Ltd 5.55% 0.41%

Sportradar Group AG 5.00% 0.40%

Penn Entertainment Inc 4.30% 0.38%

Only in BETZ

Light & Wonder Inc 4.72%

FDJ UNITED 4.70%

Ballys Intralot SA 4.04%

Genius Sports Ltd 3.64%

Betsson AB 3.26%

Tabcorp Holdings Ltd 3.25%

Tokyotokeiba Co Ltd 2.97%

Better Collective A/S 2.73%

Only in BNGE

Warner Bros. Discovery, Inc. 5.62%

Nintendo Co., Ltd. 5.58%

Sony Corporation 5.50%

The Walt Disney Company 5.27%

Roku, Inc. 5.25%

Spotify Technology S.A. 4.85%

Aristocrat Leisure Limited 4.61%

Tencent Holdings Limited 4.47%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

13% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	BETZ	BNGE	BETZ	BNGE	BETZ	BNGE
3 months	−14.3%	−1.3%	−16.8 pts	−3.9 pts	−16.4 pts	−3.5 pts
6 months	−10.5%	+0.5%	−27.5 pts	−16.5 pts	−37.4 pts	−26.4 pts
1 year	−28.8%	−23.9%	−44.5 pts	−39.6 pts	−52.6 pts	−47.7 pts
3 years	+8.0%	+50.3%	−76.9 pts	−34.7 pts	−101.9 pts	−59.7 pts
Since launch BETZ Jun 2020 · BNGE Jan 2022	+7.1%	+28.8%	−160.8 pts	−58.8 pts	−219.9 pts	−92.1 pts

BETZ and BNGE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BETZ

Roundhill Sports Betting & iGaming ETF · Holds 23 stocks in gaming, esports and betting, 0% of its weight in S&P 500 companies

BNGE

First Trust S-Network Streaming & Gaming ETF · Holds 48 stocks in gaming, esports and betting, 21% of its weight in S&P 500 companies

Issuer Roundhill First Trust

Theme Gaming, esports and betting Gaming, esports and betting

In the S&P 500 0.0% 21.0%

Active share vs the S&P 500 100.0% 99.1%

In the Nasdaq-100 0.0% 14.1%

Holdings 23 48

Top ten, share of the fund 59.0% 50.0%

Expense ratio 0.75% 0.70%

Fee for the differing part 0.75% 0.71%

Total return, 1 year −28.8% −23.9%

vs the S&P 500 −44.5 pts −39.6 pts

vs the Nasdaq-100 −52.6 pts −47.7 pts

Below its high −47.6% −24.7%

Net assets $41m $5m

BETZ and BNGE on the same fields, as of Sep 30, 2026. Source: ETFIQ.

BETZ in plain words

By weight, 0% of BETZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 59% of the fund across 23 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned −28.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 44.5 pts. It sits 47.6% below its all-time high of Apr 27, 2021.

BNGE in plain words

By weight, 21% of BNGE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 48 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −23.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 39.6 pts. It sits 24.7% below its all-time high of Sep 29, 2025.

Questions people ask

Do BETZ and BNGE hold the same stocks?: By their latest filings, 13% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BETZ or BNGE?: BETZ has 0% of its weight in S&P 500 names and BNGE has 21%, so BETZ differs more from the index.
Which is cheaper, BETZ or BNGE?: BETZ charges 0.75% a year and BNGE charges 0.70%, so BNGE is cheaper. Fees come from each fund's prospectus.

Other comparisons

BETZ vs ESPO BETZ vs GAMR BETZ vs GGME BETZ vs HERO BNGE vs ESPO BNGE vs GAMR BNGE vs GGME BNGE vs HERO

BETZ on its own →BNGE on its own →How every figure is computed →Standards and sources →

Where these figures came from

BETZ filings on SEC EDGAR ↗BETZ prospectus with the expense ratio (SEC) ↗Roundhill page for BETZ ↗BNGE filings on SEC EDGAR ↗BNGE prospectus with the expense ratio (SEC) ↗First Trust page for BNGE ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, BETZ against BNGE, data as of Sep 30, 2026. https://etfiq.com/compare/themes/betz-vs-bnge

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.