Roundhill BIG Bank ETF (BIGB), managed by Roundhill Investments, is a equity ETF. 0.29% expense ratio, $5M AUM, 14 holdings, inception 2023.
Roundhill BIG Bank ETF (BIGB) ETF — Price, Holdings & Analysis
Roundhill BIG Bank ETF (BIGB), managed by Roundhill Investments, is a equity ETF. 0.29% expense ratio, $5M AUM, 14 holdings, inception 2023.
ETF Overview
The fund is an actively managed exchange-traded fund (“ETF”) that pursues its investment objective by seeking investment exposure to the largest companies (“Underlying Issuers”) in the Banks Industry and/or Capital Markets Industry (“Bank and Capital Markets Industries”), each an industry defined by an independent industry classification scheme. The fund generally will offer exposure to between five and ten underlying issuers primarily through the use of swap agreements and/or forward contracts. The fund is non-diversified.
The fund is an actively managed exchange-traded fund (“ETF”) that pursues its investment objective by seeking investment exposure to the largest companies (“Underlying Issuers”) in the Banks Industry and/or Capital Markets Industry (“Bank and Capital Markets Industries”), each an industry defined by an independent industry classification scheme. The fund generally will offer exposure to between five and ten underlying issuers primarily through the use of swap agreements and/or forward contracts. The fund is non-diversified. Roundhill BIG Bank ETF provides exposure to the equity market. The portfolio is concentrated with 14 holdings. It is heavily weighted toward Cash & Others (80.1%), reflecting a sector-tilted strategy. The top three holdings account for 82.6% of assets, indicating meaningful single-stock concentration.
Risk Metrics
Roundhill BIG Bank ETF holds only 14 positions, creating elevated concentration risk where poor performance from a few holdings can significantly impact returns. The top three holdings represent 82.6% of the portfolio, introducing concentration risk. Heavy allocation to Cash & Others (80.1%) means sector-specific downturns could disproportionately affect performance. A beta of 0.00 indicates lower volatility relative to the broader market. With $5M in assets, the fund may face liquidity constraints and wider bid-ask spreads.
The fund is an actively managed exchange-traded fund (“ETF”) that pursues its investment objective by seeking investment exposure to the largest companies (“Underlying Issuers”) in the Banks Industry and/or Capital Markets Industry (“Bank and Capital It holds 14 securities. With $5M in assets under management, it is a funds in its category.
What is the expense ratio for BIGB?
Roundhill BIG Bank ETF has an expense ratio of 0.29%, which is considered low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $29. Lower expense ratios generally lead to better long-term returns, all else being equal.
What are the top holdings in BIGB?
The three largest positions in Roundhill BIG Bank ETF are First American Government Obligs X (FGXXX, 75.7%), Citigroup Inc (C, 3.4%), Bank of America Corp (BAC, 3.4%). Together these top three holdings represent 82.6% of the fund, out of 14 total positions. The fund has a concentrated portfolio.
What sectors does BIGB invest in?
Roundhill BIG Bank ETF allocates across 2 sectors. The largest sector exposures are Cash & Others (80.1%), Financial Services (19.9%). The fund is heavily concentrated in Cash & Others.
How long has BIGB been around?
Roundhill BIG Bank ETF was launched in 2023, making it 3 years old. It is a relatively newer fund with a shorter track record. It is managed by Roundhill Investments.