ETF Trends publisher Tom Lydon discussed ProSports Sponsors ETF (FANZ) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
FANZ is a way for sports fans to invest in what they know. Diversified portfolio of brands they recognize from sporting events.
Research demonstrates the typical avid sports fan is also financially responsible individual with disposable income to spend on sports merchandise, tickets and tv package.
FANZ may allow these sports fans/investors an opportunity to capture growth presented by these companies.
Top holdings include Rogers Communications 2.0%, Take-Two Interactive Software 1.9%, Extreme Networks 1.8%, New Relic 1.8%, Electronic Arts 1.8%, Canadian tire corp 1.8%, McDonalds 1.7%, Cigna 1.7%, live nation entertainments, and TD Ameritrade 1.7%.