Investopedia explains 'Gaming Industry ETF'
A gaming ETF may hold stocks of international gaming companies, in addition to those of domestic companies. It is yet another example of a niche ETF. U.S. companies that would be included in a gaming ETF are well-known casino resort operators.
By owning an ETF, you get the diversification of an index fund as well as the ability to sell short, buy on margin and purchase as little as one share. Another advantage is that the expense ratios for most ETFs are lower than those of the average mutual fund. When buying and selling ETFs, you have to pay the same commission to your broker that you'd pay on any regular order.
|