Gaming Industry ETF
 |
Definition of 'Gaming Industry ETF'A sector exchange-traded fund that invests solely in gaming companies, so as to generate investment returns that correspond to those of an underlying gaming index. A gaming ETF consists of a wide range of stocks, from casino operators and manufacturers of gaming systems to companies that accept bets on sporting events. A gaming ETF may be vulnerable to economic downturns. |
 |
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. |
Related Definitions
Articles Of Interest
-
Winning The Jackpot: Dream Or Financial Nightmare?
Don't assume all prizes are free. Many come with enough costs to render them worthless. -
Are You Investing Or Gambling?
We look at ways in which gambling creeps into trading, and what may drive an individual to trade - or gamble - in the first place. -
Going All-In: Comparing Investing And Gambling
People often compare stocks to gambling, but how close are they really? -
What Are The Odds Of Scoring A Winning Trade?
Just because you're on a winning streak, doesn't mean you're a skilled trader. Find out why. -
Wednesday’s ETF Chart To Watch: TLT In Spotlight As Fed Sets To Taper
Bullish momentum stuck around on Tuesday as investors cheered on Microsoft’s 22% dividend hike along with news of a $40 billion buyback program. On the data front, the consumer price index ... -
Biggest Contrarian Opportunities in ETFs
Contrarian investing is a well-known strategy in which an investor takes a position contrary to the majority of the investing world or against any prevailing trends. The methodology was perhaps ... -
Tuesday’s ETF Chart To Watch: XHB Rally In Focus After Home Builders’ Index Release
Stocks kicked off the week on a winning note as investors rejoiced after Larry Summers withdrew his bid to be the next Federal Reserve chairman. Markets were glad to see a hawk drop out of the ... -
5 Years After Lehman’s Collapse, Where Are Big Banks Now?
September 15, 2008 is a date that will forever be ingrained in Wall Street’s memory, as this day marked the pivotal turning point of what would eventually become the worst financial crisis ... -
ETFdb Weekly Watchlist: TLT Awaits FOMC; XHB, XLI Hinge on Housing and Philly Fed
Wall Street finally welcomed back bullish momentum last week, as easing tensions in Syria and relatively positive economic news pushed major U.S. equity indexes higher. In China, exports were ... -
Market Summary For September 13 2013
The major U.S. indices moved higher this week led by the Dow Jones Industrial Average, despite mixed retail sales data and a critical U.S. Federal Reserve meeting next week.
Free Annual Reports