What this ETF is trying to do

The Gabelli Opportunities in Live and Sports ETF (GOLS) focuses on companies involved in live entertainment and sports. It invests in a variety of businesses, including sports teams, media companies, and entertainment venues.

What the numbers show

As of October 5, 2026, the share price for GOLS was $25.40.

Currently, there is no available data for the year-to-date, one-year, or three-year price returns. Similarly, total-return data was not supplied. Because there is not enough verified price history, an erosion-risk score has been withheld.

Top Holdings

The fund holds 44 different assets. As of October 7, 2026, the top holdings (which are a partial list) include:

• Madison Square Garden Sports Corp Class A: 10.84%

• Atlanta Braves Holdings Inc Class C: 8.63%

• Liberty Media Corp Formula One: 6.41%

• Madison Square Garden Entertainment Corp: 6.05%

• Manchester United PLC Class A: 5.72%

• Liberty Live Holdings Inc Series A: 4.80%

• TKO Group Holdings Inc: 4.02%

• Rogers Communications Inc: 3.89%

• The Walt Disney Co: 3.76%

• Churchill Downs Inc: 3.13%

Income and distribution explanation

The distribution yield for this ETF is 0%. There have been no distributions detected, and the payout count for the last 12 months is zero. This means the ETF does not currently provide cash income to its investors.

NAV erosion explanation

NAV erosion happens when the value of the assets inside an ETF declines over time, which can lead to a falling share price. While some ETFs have a "severe erosion-risk flag" to warn investors of this, GOLS does not have this flag. However, because there is insufficient price history, a specific erosion-risk score is not available.

Pros

• Targeted Exposure: It provides a way to invest in the sports and live entertainment industry.

• Diverse Top Holdings: The portfolio includes well-known names across different sports and media sectors.

Cons

• No Income: The ETF does not currently pay distributions.

• Limited Data: There is a lack of supplied performance data for the short and medium term.

• Low Income Grade: It has an income rating grade of "F."

Beginner takeaway

GOLS is an ETF for people interested in the business of sports and live events. It is not designed for investors seeking regular cash income, as its distribution yield is 0%. When looking at any ETF, it is important to remember that a high yield alone can be misleading; investors should also look at the stability of the share price to ensure their original investment is preserved.