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The Roundhill Pro, Sports, Media & Apparel ETF (MVP) targets firms actively involved in professional sports. The fund has a wide definition of the industry, encompassing globally-listed traditional sports and eSports companies of any market-cap. This includes professional sports teams (such as the New York Knicks, New York Rangers, Manchester United, Juventus) and leagues (such as the UFC, Formula One, and WWE), sports apparel companies, sports media firms, and owners/operators of sports venues, athletic facilities, or other professional sports activities. MVP may also invest in sports companies that have recently made an initial public offering (IPO) and in special purpose acquisition companies (SPACs) that intend to merge with a sports company. The Roundhill Pro, Sports, Media & Apparel ETF (MVP) believes professional sports teams and leagues are premium, scarce assets with a strong track record of value appreciation over time.