ETF

Gabelli Opportunities in Live and Sports ETF

GOLS

Thematic Equity – Sports and Entertainment

Own The Game

Fund Total Net Assets as of 11/30/2025
Fund Total Net Assets as of 12/08/2025
Fund Total Net Assets as of 11/17/2025
NA
Exchange Closing Price as of 1/2/2026
NAV as of
Premium/Discount as of
YTD Return as of 1/2/2026
Total Net Assets

XXXXXXXXX

Market Price as of 1/2/2026
1 Day NAV Change
2024 Median Bid-Ask Spread
30-Day Median Bid-Ask Spread
Closing VIIV
52 Week High
52 Week Low
Dividends Paid
N/A
Investment Category
Thematic Equity – Sports and Entertainment
Index
S&P 500
Inception Date
1/2/26
Minimum Initial Investment
NA
Description of Strategy

The Gabelli Opportunities in Live & Sports ETF (GOLS) is an actively managed, fully transparent ETF seeking long-term capital appreciation by investing in companies that power the global sports and live entertainment economy. The strategy provides investors with access to a segment of the market that has historically been difficult to reach directly: professional sports franchises, leagues, media platforms, ticketing businesses, experiential venues, and adjacent companies with meaningful economic exposure to sports.

 

GOLS invests across the full spectrum of the sports ecosystem, from publicly traded team ownership structures and global football clubs to entertainment operators, sports media distributors, athletic brands, and technology / data providers enabling fan engagement. Guided by Gabelli’s Private Market Value with a Catalyst™ investment philosophy and supported by decades of industry research and insights, the portfolio focuses on companies with durable assets, resilient revenue streams, and identifiable catalysts that may help unlock long-term value.

Investment Objective

GOLS seeks long-term capital appreciation.

Important Disclosures

  • Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the fund.
  • Buying or selling ETF shares may require additional fees such as brokerage commissions, which will reduce returns.
  • These additional risks may be even greater in bad or uncertain market conditions.
  • Shares of this ETF are bought and sold at market price (not NAV) and are not individually redeemed from the fund.
  • Buying or selling ETF shares may require additional fees such as brokerage commissions, which will reduce returns.
  • These additional risks may be even greater in challenging or uncertain market conditions.

Why Invest

Access to an Otherwise Hard to Reach Asset Class:
Professional sports franchises are among the world’s most valuable and consistently appreciating assets, yet most remain privately held and inaccessible to investors. GOLS provides access to the global sports economy through companies whose value is driven by teams, leagues, media rights, ticketing, and live entertainment – offering a differentiated thematic allocation to complement traditional equity exposures.

 

Broad Exposure Across the Sports Ecosystem:
Rather than focusing on a narrow segment like betting or apparel, GOLS invests across the full sports value chain: team ownership structures, sports-centric media and streaming platforms, event and venue operators, ticketing businesses, and adjacent companies with meaningful sports exposure. This diversification allows the portfolio to capture multiple revenue streams and to flex with shifting industry dynamics.

 

Active Management Informed by Deep Industry Insight:
The Fund is managed by Chris Marangi and Alec Boccanfuso, whose combined coverage of media, entertainment, and sports businesses spans decades. Guided by the firm’s Private Market Value with a Catalyst™ investment philosophy, the strategy focuses on businesses with durable assets, resilient cash flows, and identifiable catalysts such as media rights renewals, league expansions, corporate restructurings, or M&A activity.

How To Invest

Individuals

Buy shares of GOLS through any of these platforms:

Schwab • Fidelity • Interactive Brokers • Robinhood

Working with a professional? Talk to your financial advisor about adding GOLS to your portfolio.

Financial Professionals

Call 1 (914) 921-8395 or email etfs@gabelli.com

Buy shares through: Schwab • Fidelity • Interactive Brokers • Pershing

 

Investment Team

Portfolio Managers

Christopher J. Marangi

Christopher J. Marangi

Co-CIO, Value

Mr. Marangi joined GAMCO in 2003 as a research analyst covering companies in the Cable, Satellite and Entertainment sectors. He began his career as an investment banking analyst with J. P. Morgan & Co and later joined private equity firm Wellspring Capital Management.   Mr. Marangi has appeared on Bloomberg television and radio and has… More

Alec Boccanfuso

Alec Boccanfuso

Research Analyst

Alec Boccanfuso joined the firm in 2018 as an analyst covering communications services and technology with a focus on interactive entertainment and outdoor leisure products. Alec graduated with honors from New York University with a BS in finance, and holds an MBA from Columbia Business School.   ABoccanfuso@gabelli.com (914) 921-8327

Dedicated Investment Team

Alex Helm

Vice President

ahelm@gabelli.com (914) 921-5081  

Research Analysts

Supported by a centralized team of 30+ sector-focused analysts supporting Growth and Value portfolios

Historical Performance

Growth of $10,000

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A graphical measurement of a portfolio’s net return that simulates the performance of an initial investment of $10,000 over the given time period.

Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com

Trailing Returns

Calendar Year Returns

Returns represent past performance and do not guarantee future results. Due to market volatility, current performance may be lower or higher than the performance data quoted. Total return and average annual returns are historical and reflect changes in share price, reinvestment of dividends and capital gains and are net of expenses. Investment return and principal value will fluctuate so, upon redemption, shares may be worth more or less than their original cost. To obtain the most recent month end performance information and a prospectus, please call 800-GABELLI or visit www.gabelli.com.

Portfolio Details

Fees

Gross Expense Ratio

0%

Net Expense Ratio

0%

Maximum Sales Charge

Geographic Exposure By Country

Geographic Exposure By Region

Disclosures

Financial services companies operate in heavily regulated industries, which are subject to change. The underlying securities are subject to credit and interest rate sensitivity risk, which could affect earnings. Additionally, since financial services firms are correlated to GDP, a decline in the economic environment could impact profitability.

 

You should consider the ETFs’ investment objectives, risks, charges and expenses carefully before you invest. The ETFs’ Prospectus is available from G.distributors, LLC, a registered broker-dealer and FINRA member firm, and contains this and other information about the ETFs, and should be read carefully before investing. To obtain a Prospectus, please call 888-GABELLI or visit https://www.gabelli.com/funds/etfs/

 

Distributed by G.Distributors, LLC, a registered broker-dealer and FINRA member firm. One Corporate Center, Rye, NY 10580

Invest with Gabelli today

The Gabelli Opportunities in Live and Sports ETF begins trading on January 2nd, to learn more about the fund or speak with a member of our team, fill out the form and we’ll be in touch.