$BIGT The BIG Tech ETF - Investor Presentation April 2023 The First-Ever FAAMG ETF
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$BIGT The BIG Tech ETF The First-Ever FAAMG ETF Investor Presentation April 2023
Foreside Fund Services, LLC: Distributor Investors should consider the investment objectives, risk, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the BIGT ETF please call 1-877-220-7649 or visit the website at roundhillinvestments.com/etf/big/bigt. Read the prospectuses or summary prospectuses carefully before investing. Investor Presentation, April 2023 2
Table of Contents
What Makes “Big” Tech Big?
• History of FANG
• Pro ts
• Leadership
• Megatrends
• Cloud
• Arti cial Intelligence
• Metaverse
BIGT Bene ts
• Concentrated Exposure
• Precise Exposure
ETF Characteristics
Investor Presentation, April 2023 3
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fiWhat Makes “Big” Tech Big: History of FANG
As the rst-ever FAAMG ETF, the Roundhill BIG Tech
ETF o ers investors concentrated exposure to the top 5
innovation leaders driving the technology sector.
These ve companies – Facebook (Meta), Apple,
Amazon, Microso and Google (Alphabet) – are
commonly referred to as “FAAMG”.
The term FAAMG is an evolution of “FANG” which was
popularized by CNBC’s Jim Cramer in the early 2010’s
to describe Facebook (now Meta), Amazon, Net ix and
Google. In the years since, the FANG basket has
evolved to FAAMG to include Apple and Microso .
Investor Presentation, April 2023 4
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ftWhat Makes “Big” Tech Big: Profits
Top Nasdaq 100 Companies by EBITDA
The ve FAAMG stocks included in BIGT represent: $150B
• The top ve companies in the Nasdaq 100 Index by
EBITDA. $120B
• Five of the nine-largest companies in the Nasdaq
$90B
100 Index by revenue.
• 46% of the total free cash ow of the entire Nasdaq $60B
100.
$30B
$0B
AAPL GOOGL MSFT AMZN META CMCSA TMUS AVGO CHTR TSLA
Source: Bloomberg, March 2023
Note: BEst (Bloomberg Estimates) EBITDA re ects the consensus estimate for earnings before interest,
Investor Presentation, April 2023 taxes, depreciation, and amortization. The consensus estimate is the mean of sell-side analyst estimates 5
in billions. FAAMG companies are in green.
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flWhat Makes “Big” Tech Big: Leadership
The ve FAAMG stocks included in BIGT accounted for
approximately 70% of the tech sector’s returns from 2014 through
2021, according to Bernstein Research.
As of 3/21/2023, the FAAMG stocks represented a 38% and 46%
weighting in the Nasdaq 100 Index and Technology Select Sector
Index, respectively.
The FAAMG stocks are the leaders across various megacaps driving
technological innovation, including Cloud, Arti cial Intelligence,
and the Metaverse.
Investor Presentation, April 2023 6
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fiMegatrends: Cloud
Three of the holdings in the BIGT ETF are leading the Global Cloud Spending
global cloud services market. $1,200B
Amazon, Microso and Google-parent Alphabet $900B
represented 67% of global Infrastructure-as-a-Service
(IaaS) revenue in 2021 and 34% of total global cloud $600B
revenue.
$300B
Global cloud revenue is forecast to grow at a 20%
cumulative average growth rate (CAGR) for $0B
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
2022-2026, reaching $1.1 trillion in 2026 vs. $530
billion in 2022. Source: IDC, Bloomberg.
Investor Presentation, April 2023 7
ftMegatrends: Artificial Intelligence
ChatGPT User Engagement Per Month
Arti cial Intelligence (AI), speci cally generative AI, is
taking the tech world by storm, and the companies in 1B
the BIGT ETF are leading its development.
Microso , with its investment in OpenAI and 616M
ChatGPT integrations for O ce and Bing, and
Google, with its Bard competitor as well as investments
in startups such as Anthropic, are early leaders in 266M
generative AI.
Nov 2022 Dec 2022 Jan 2023
Apple, with Siri, and Amazon, with Alexa, are among the
leaders with AI-powered digital assistants. Total Web Visits Average Google Search Interest
Source: Similarweb, Google Trends. As of March 23rd.
Note: Google Trends is indexed on a scale of 0-100, 100 being maximum search interest.
Investor Presentation, April 2023 8
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fiMegatrends: Metaverse
The companies in BIGT are also emerging as leaders Metaverse Total Addressable Market
in the nascent but expanding Metaverse. $14B
$12B
The Metaverse represents a multi-trillion dollar
$10B
economic transformation over the next several years,
$8B
with estimates for its size exceeding $10 trillion, per
$6B
Citi and KPMG estimates.
$4B
KPMG estimates that the Metaverse may have as $2B
many as 5 billion users by 2030, making it one of the $0B
McKinsey Citi Goldman Sachs Morgan Stanley KPMG
world’s dominant digital platforms.
Low Estimate High Estimate
Source: McKinsey, Citi, Goldman Sachs, Morgan Stanley, KPMG, Roundhill Investments
Investor Presentation, April 2023 9BIGT Benefits: Concentrated Exposure
The Roundhill BIG Tech ETF (NASDAQ: BIGT) is the rst-ever ETF to o er concentrated exposure to
the ve U.S. mega cap tech giants (i.e. “FAAMG”).
Creating a precise investing and trading tool with the cost e ciencies and ease of use of an ETF.
Exposures include (subject to change):
Investor Presentation, April 2023 10
fi
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ffBIGT Benefits: Precise Exposure
The Roundhill BIG Tech ETF (NASDAQ: BIGT) allocates Exposure Comparison
100%
100% of its exposure to the FAAMG stocks.
75%
Existing tech-oriented industry ETFs are meaningfully
allocated to smaller, less pro table tech companies. In
50%
some cases, technology benchmarks include
companies outside of tech altogether.
25%
For example, the Nasdaq 100 Index counts two
0%
consumer stocks in PepsiCo and Costco, amongst its BIGT NASDAQ 100 Index Technology Select
Sector Index
top ten positions.
FAAMG Other
Source: Bloomberg, March 2023
Note: “Other” in each refers to the sum of all position weightings not classi ed by Roundhill as Big Tech.
Investor Presentation, April 2023 11
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fiETF Characteristics: $BIGT
Thematic Exposure
Ticker: BIGT
Expense Ratio: 0.29%
Launch Date: April 11th, 2023
Rebalance: Quarterly
Reconstitution: Annually
AUM: $TBD Big Tech
100%
Shares Outstanding: TBD
Underlying Issuers: 5
ETF Options: No
Investor Presentation, April 2023 12Glossary
Nasdaq 100 Index: The Nasdaq 100 Index is a modi ed
capitalization-weighted index consisting of 100 of the largest non-
nancial companies listed on the Nasdaq stock exchange.
Source: Nasdaq
Investor Presentation, April 2023 13
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fiRisk Disclosure:
Roundhill BIG Tech ETF The Fund expects to have concentrated (i.e., invest
more than 25% of its net assets) investment exposure
in one or more of the Technology Industries at any
For more information: given time, which may vary over time. Further, the
Fund expects to obtain such investment exposure by
transacting primarily with a limited number of
Website: roundhillinvestments.com nancial intermediaries conducting business in the
same industry or group of related industries. As a
Twitter: @roundhill result, the Fund is more vulnerable to adverse market,
LinkedIn: Roundhill Investments economic, regulatory, political or other developments
a ecting those industries or groups of related
industries than a fund that invests its assets in a more
diversi ed manner.
The value of stocks of information technology
companies and companies that rely heavily on
technology is particularly vulnerable to rapid changes
in technology product cycles. Please see the
summary and full prospectuses for a more complete
description of these and other risks of the Fund.
The BIG Funds are distributed by Foreside Fund
Investor Presentation, April 2023 Services, LLC.
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