Roundhill BIG Bank ETF
BIGB
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 154 West 14th Street, 2nd Floor New York NY United States of America 10011
- IPO Date
- Mar 21, 2023
- Similar Companies
- Business
- Roundhill BIG Bank ETF (BIGB) is an actively managed exchange-traded fund that provides highly concentrated exposure to the largest and most liquid U.S.-listed banks and capital markets issuers, primarily through the use of swap agreements, forward contracts, and direct investments in equity securities such as common stock or American Depositary Receipts. The fund targets between five and ten underlying issuers, with an emphasis on equal weighting of its core holdings including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley; it rebalances quarterly and reconstitutes annually to maintain targeted exposure to the banking industry while mitigating single-stock risk. Launched on March 21, 2023, and listed on NASDAQ, BIGB operates with an expense ratio of 0.29% and focuses on investors seeking precise access to money center banks deemed "too big to fail," excluding smaller financial services like regional banks, brokerages, or insurers. BIGB is issued and managed by Roundhill Investments, an SEC-registered investment advisor founded in 2018 and headquartered at 154 West 14th Street in New York, New York. The fund's management team includes Will Hershey, Timothy Maloney, Andrew Serowik, Todd Alberico, and Gabriel Tan, supported by administrators such as U.S. Bancorp Fund Services. Roundhill Investments specializes in innovative ETFs across thematic equity, options income, and trading vehicles, with assets under management surpassing $2 billion as of September 2024. In recent developments, BIGB faced liquidation proceedings announced for on or about December 14, 2023, with all outstanding shares redeemed at net asset value and proceeds distributed to shareholders of record, alongside cash settlement for related options contracts. Despite this closure, Roundhill Investments has continued expanding its ETF lineup, including name and symbol changes for other funds such as the Roundhill China Dragons ETF to China Magnificent Seven ETF (DRAG to MAGC) in September 2025, and the re-launch of a meme stocks ETF in October 2025 emphasizing trading volume and volatility with weekly rebalancing. These strategic shifts reflect Roundhill's ongoing focus on innovative, actively managed products amid evolving retail investment trends, though BIGB itself is no longer active.