Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Free Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investors Events
  • Pre market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
September 25, 2012 1:24 PM 3 min read

ETFs The Replacement Refs Might Like

by Todd Shriber, ETF Professor Benzinga Staff Writer
Follow

ArticleFeaturedTickersList12345!!!

Three weeks into the NFL season and it is safe to say coaches, fans and players are quite dissatisfied with the performance of the league's replacement referees. Well, those living in the greater Seattle are probably happy today following what some are calling
one of the most controversial endings to a game in the history of the NFL
. Things like this have a tendency to even out and any team that has "benefited" from the errors, miscues and botched calls of the replacement refs stands an equally good chance of suffering at the hands of these officials down the road. One thing is clear and that is fans are livid. The term "replacement refs"
has spiked in frequency of searches
, according to Google Trends. NFL Commissioner Roger Goodell's name is trending on Twitter. And now the replacement refs have to deal with a list of ETFs based on their dubious job performances.
Market Vectors Gaming ETF (NYSE: BJK)
Most folks know the Super Bowl is one of the most wagered on sporting events in the world, the NFL's regular season is no slouch, either, and it puts people in the seats of Las Vegas sports books. When the usual officials are working, oddsmakers, handicappers and bettors do not think about who is officiating the games. That level of comfort has gone out the window with the replacement refs, who are
NFL wagering, as ESPN reported
. NFL betting is not a huge part of the bottom line for Las Vegas Sands (NYSE:
LVS
) and Wynn Resorts (NASDAQ:
WYNN
), which combine for nearly 16 percent of BJK's weight, but in a fragile economy, BJK constituents cannot afford to lose business of any kind. If bettors think they are not getting a fair shake because of the replacement refs, they will not bet NFL games.
iShares Dow Jones US Medical Devices Index Fund (NYSE: IHI)
It is bad enough that the replacement refs are impacting the outcome of games with poor calls, but one think no official in any sport should ever be doing is jeopardizing the health of the game's participants. Yet that is exactly what happened in Sunday's Dallas Cowboys/Tampa Bay Buccaneers game when a replacement official
threw his hat onto the field of play
, tripping a Cowboys receiver in the process. NFL players generally try to avoid needing the products made by the companies found in IHI because the healthier a player is, the longer he can play and the long he plays, the more money he makes. Simple math, really. It is probably just coincidence, but the ETF is up in both trading days following the hat incident.
VelocityShares Daily 2x VIX Short-Term ETN (NYSE: TVIX)
The VelocityShares Daily 2X VIX Short-Term ETN is an exhcange-traded product
that will forever live in infamy. It is controversial, has destroyed value, made investors question the usefulness of such a product and jaundiced the exchange-traded products business. One might say the replacement officials have done the exact same thing to the NFL and its fans. For more on ETFs, click here
.
Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


Posted In:
Long IdeasNewsSector ETFsShort IdeasSpecialty ETFsIntraday UpdateMarketsTrading IdeasETFsCasinos & GamingConsumer Discretionarynfl
BJK Logo
BJKVanEck Gaming ETF
$37.14-2.17%
Overview
IHI Logo
IHIiShares U.S. Medical Devices ETF
$59.66-0.70%
LVS Logo
LVSLas Vegas Sands Corp
$52.56-0.32%
WYNN Logo
WYNNWynn Resorts Ltd
$107.45-%
BJK Logo
BJKVanEck Gaming ETF
$37.14-2.17%
Overview
IHI Logo
IHIiShares U.S. Medical Devices ETF
$59.66-0.70%
LVS Logo
LVSLas Vegas Sands Corp
$52.56-0.32%
WYNN Logo
WYNNWynn Resorts Ltd
$107.45-%
Beat the Market With Our Free Pre-Market Newsletter
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter
Comments
Loading...