The Digital Infrastructure ETF
as of TBD
|Primary Exchange||NYSE Arca|
|# of Holdings||40|
As of TBD
|Index Name||IO Digital Infrastructure Index|
|Median Market Capitalization|
The Roundhill IO Digital Infrastructure ETF (“BYTE ETF”) is designed to offer investors exposure to digital infrastructure by seeking to provide investment results that track, before fees and expenses, the performance of the IO Digital Infrastructure Index (“BYTE Index”).
Digital infrastructure is comprised of the high-tech physical assets that support the efficient storage and transmission of data, powering the internet. These assets include fixed-line, high-speed data transmission technology (such as fiber optic cable and certain “last-mile” technologies that bring data to and from the end-user); data centers; mobile towers and related infrastructure; and other long-lived physical infrastructure assets.
The IO Digital Infrastructure Index is comprised of the common stock of 40 U.S. and foreign exchange-listed companies that earn a majority of their revenues from digital infrastructure assets.
1Grand View Research Cloud Computing Market Size & Share Report, 2021-2028 (published July 2021); 2Cisco Annual Internet Report (updated Mar. 2020); 3ITU State of Broadband 2020 Report
|Net Asset Value||$14.85||Closing Price||$14.85|
|Change ($)||Change ($)|
|Change (%)||Change (%)|
(as of TBD)
Performance for periods greater than one year shown annualized. Net Asset Value (NAV) is the dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding.
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage commissions will reduce returns.
as of TBD
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
|NAV||Premium/ Discount||30-day Median Bid/Ask Spread|
|Days at premium|
|Days at NAV|
|Days at discount|
BYTE launched on 10/28/2021.
BYTE is currently available on a number of brokerage platforms. If you work with a financial adviser, it will depend on whether BYTE is “approved” by the adviser, which they will be able to answer.
To the best of our knowledge, those who can buy US-listed stocks and ETFs should be able to access BYTE. Please check your brokerage platform or with your financial advisor.
On the New York Stock Exchange
Options trading is available on the NYSE American Options market.
The IO Digital Infrastructure Index is managed by IO Digital Index Partners. For more information, please view the website here.
BYTE consists of companies actively involved in digital infrastructure which includes fixed-line, high-speed data transmission technology, data centers, mobile towers and related infrastructure, and other long-lived physical infrastructure assets.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the BYTE Digital Infrastructure ETF please call 1-855-561-5728 or visit the website at https://www.roundhillinvestments.com/etf/BYTE. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
Digital Infrastructure Companies are exposed to the risks specific to the real estate market as well as the risks that relate specifically to the way in which Digital Infrastructure Companies are utilized and operated. Digital Infrastructure Companies may be affected by unique supply and demand factors that do not apply to other real estate sectors, such as changes in demand for communications infrastructure, consolidation of tower sites, and new technologies that may affect demand for data centers. Digital Infrastructure Companies are also subject to a variety of factors that may adversely affect their business or operations including high interest costs, costs associated with compliance with and changes in environmental and other regulations, difficulty in raising capital in adequate amounts on reasonable terms in periods of high inflation and unsettled markets, the effects of surplus capacity, increased competition from other providers of services, the effects of energy conservation policies, and other factors. Investments made in small and mid-capitalization companies may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund investments will be concentrated in an industry or group of industries, and the value of Fund shares may be more risky and fall more than diversified funds. Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Depository Receipts involve risks similar to those associated investments in foreign securities but may not provide a return that corresponds precisely with that of the underlying shares.
As an ETF, the fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Due to the costs of buying or selling Shares, including brokerage commissions imposed by brokers and bid/ask spreads, frequent trading of Shares may significantly reduce investment results and an investment in Shares may not be advisable for investors who anticipate regularly making small investments.
The Fund is not actively managed and its Sub-Adviser would not sell shares of an equity security due to current or projected under-performance of a security industry or sector unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a re-balancing of the Index as addressed in the Index methodology. The composition of the Index is heavily dependent on proprietary quantitative models as well as information and data supplied by third parties. When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Index universe that would have been excluded or included had the Models and Data been correct and complete. If the composition of the Index reflects such errors, the Fund’s portfolio can be expected to also reflect the errors.
The Fund is a recently organized investment company with no operating history. Please see the prospectus for details of these and other risks.
Fund is distributed by Foreside Fund Services, LLC.
Foreside Fund Services and Roundhill Investments are unaffiliated companies.
*Neither Roundhill Investments nor BYTE Digital Infrastructure ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.