ProSports Sponsors ETF (FANZ) is an exchange-traded fund that seeks to track the performance of the ProSports Sponsors Index, which measures the performance of companies serving as official sponsors of major professional U.S. sports leagues, including the NFL, MLB, NBA, and NHL; the fund holds a diversified portfolio of approximately 69 equities, with significant allocations to large-cap stocks and sectors such as consumer discretionary and financials. Sponsored by SportsETFs, LLC as the index provider and advised by Exchange Traded Concepts, LLC, FANZ offers investors targeted exposure to firms benefiting from sports sponsorships and fan loyalty, with a net expense ratio of 0.69% and historical dividend yields around 1.60%. Launched in July 2017 and listed on the Cboe BZX Exchange, the ETF was headquartered in administrative operations aligned with its adviser in Oklahoma City, Oklahoma, targeting U.S. institutional and retail investors interested in thematic equity strategies.
In a significant operational change, the ProSports Sponsors ETF ceased trading on January 15, 2019, and liquidated on January 17, 2019, following a decision by Exchange Traded Concepts, LLC, in consultation with SportsETFs, LLC, and approval from the Board of Trustees of Exchange Listed Funds Trust; this termination reflected challenges including low assets under management, limited liquidity, and underperformance relative to broader market indices. Prior to closure, the fund marked its one-year anniversary in July 2018 with performance exceeding the S&P 500 in certain metrics, highlighting its strategy of capitalizing on sports marketing investments. No recent restarts, acquisitions, partnerships, funding rounds, or product relaunches have occurred post-liquidation, as confirmed by current listings marking it as inactive or defunct.