Core Insights - The article emphasizes the potential of undervalued ETFs like Pacer Industrial Real Estate ETF, VanEck Gaming ETF, and Xtrackers S&P Dividend Aristocrats Screened ETF to enhance investment returns in a challenging market environment [2][3] Pacer Industrial Real Estate ETF (INDS) - Pacer Industrial Real Estate ETF has declined over 31% from its peak in 2021 and has been trading sideways in 2023 due to high interest rates affecting REITs [4] - Despite challenges, REITs have managed to maintain and grow dividends, learning from past market downturns [5] - The ETF focuses on industrial real estate, benefiting from long-term trends such as online shopping growth, with an expected upside potential of 50-60% in the next two years and a current dividend yield of 3.5% [6] VanEck Gaming ETF (BJK) - VanEck Gaming ETF has fluctuated between $25 and $50 for over a decade but is expected to rise above $50 due to favorable market conditions [7] - The ETF tracks the MVIS Global Gaming Index, which is increasingly shifting towards online betting as more states legalize sports wagering [8] Xtrackers S&P Dividend Aristocrats Screened ETF (SNPD) - Xtrackers Dividend Aristocrats ETF charges a low expense ratio of 0.15% and includes stocks with over 20 years of consistent dividend growth [9]

Industry Overview - The horse racing industry in the U.S. has been experiencing a decline in annual revenue due to increased competition from other forms of gambling, such as online gaming and legalized sports betting [5] - The coupling of racetracks with casinos is a common practice, as casinos significantly contribute to the revenue generated in the gaming sector [2] Company Developments - VanEck ETFs announced a name change for its VanEck Gaming ETF (BJK) to the VanEck Degen Economy ETF, reflecting a trend in the gaming and crypto industries [3] - The BJK ETF has accumulated $24 million in assets over 17 years, indicating a relatively small size compared to other investment vehicles [3] Market Performance - The BJK ETF has underperformed relative to major indexes like the S&P 500 and Nasdaq-100, suggesting challenges in the performance of non-mega-cap stocks within the gaming sector [5] - The current valuation of the BJK ETF stands at 21 times trailing earnings, indicating potential for growth in the gaming industry despite its recent performance [5] Consumer Trends - Modern gambling methods, such as mobile betting, are perceived as more engaging compared to traditional horse racing, which is viewed as "too slow" by some consumers [5] - The shift in consumer preferences towards faster-paced gambling options is impacting the appeal of horse racing as a betting choice [5]

Core Insights - VanEck is rebranding its gaming ETF to the "VanEck Degen Economy ETF," aiming to capitalize on the growth in digital finance, gig platforms, and online betting [1][2] - The ETF will adopt a new benchmark index and a broader investment mandate to reflect the emerging "Degen Economy," which includes high-risk, impulsive investment behaviors [2][3] Fund Details - The rebranding will take effect after the market close on April 8, and the fund, originally launched in 2008, currently has $23 million in assets [2] - The original focus on casinos and sports betting is being expanded to include companies generating at least 50% of their revenue from "Millennial Finance" and "Gig Economy and Online Forums" [3] Performance Context - The VanEck Gaming ETF has only increased by about 3% this year, underperforming compared to the S&P 500 [4]