Pacer BlueStar Digital Entertainment ETF (ODDS)
Pacer BlueStar Digital Entertainment ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $25.25, down 0.73% on the session, giving a market capitalisation of $3.9M. Its beta of 1.01 implies it has historically moved more than the broad market.
ODDS is designed to provide thematic exposure to an index of digital entertainment companies around the world. To be eligible, firms must generate at least half of their revenue from relevant segments, such as online gambling, content streaming, iGaming, and eSports, in addition to meeting several investability requirements including market-cap and liquidity. The fund assigns the constituents into two separate tiers, both holding 50% of the portfolios weighting. The first tier is composed of the companies involved with online gambling and betting, while the second tier comprises those tied to the development, operation, and utilization of video games, streaming services, and eSports events. Each component then is market cap-weighted in its own tier with an 8% capping to ensure diversification. The index is reconstituted and rebalanced quarterly.
Pacer BlueStar Digital Entertainment ETF is most often compared with the following Financial Services names: