BEDZ vs. EATZ

Last updated Aug 2, 2026

BEDZ (AdvisorShares Hotel ETF) and EATZ (AdvisorShares Restaurant ETF) are both Consumer Discretionary Equities funds from AdvisorShares. Both are actively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. BEDZ charges 0.99%/yr vs 1.00%/yr for EATZ.

Performance

BEDZ vs. EATZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Hotel ETF (BEDZ) and AdvisorShares Restaurant ETF (EATZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BEDZ

• 1D: -0.13%
• 1M: 1.55%
• 6M: 14.32%
• YTD: 11.91%
• 1Y: 18.93%
• 3Y*: 13.22%
• 5Y*: 10.99%
• 10Y*: —
• ALL TIME*: 9.14%

EATZ

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEDZ AdvisorShares Hotel ETF	$65.74K	$44.95K	$74.21K

BEDZ vs. EATZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BEDZ AdvisorShares Hotel ETF	11.91%	3.46%	18.31%	23.88%	-13.40%	7.95%
EATZ AdvisorShares Restaurant ETF	4.80%	-6.67%	23.21%	25.23%	-20.68%	-4.90%

Correlation

The correlation between BEDZ and EATZ is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.56
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.71

The correlation between BEDZ and EATZ shifts across timeframes, from 0.56 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

BEDZ vs. EATZ - Sectors Allocation Comparison

Sectors	BEDZ	EATZ
Real Estate	50.6%	-
Consumer Cyclical	44.5%	78.2%
Industrials	4.1%	4.9%
Communication Services	1.5%	2.3%
Basic Materials	-	-
Consumer Defensive	-	16.9%
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BEDZ vs. EATZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BEDZ

BEDZ Risk / Return Rank: 34
BEDZ Sharpe Ratio Rank: 32
BEDZ Sortino Ratio Rank: 34
BEDZ Omega Ratio Rank: 30
BEDZ Calmar Ratio Rank: 38
BEDZ Martin Ratio Rank: 33

EATZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BEDZ vs. EATZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Hotel ETF (BEDZ) and AdvisorShares Restaurant ETF (EATZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BEDZ	EATZ	Difference
Sharpe ratio: Return per unit of total volatility	0.79	—	—
Sortino ratio: Return per unit of downside risk	1.30	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.34	—	—
Martin ratio: Return relative to average drawdown	3.19	—	—

Drawdowns

Drawdown Indicators

	BEDZ	EATZ	Difference
Max Drawdown Largest peak-to-trough decline	-29.70%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-28.31%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.70%	—	—
Current Drawdown Current decline from peak	-2.43%	—	—
Average Drawdown Average peak-to-trough decline	-7.89%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.08%	—	—

Volatility

Volatility by Period

	BEDZ	EATZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.40%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.60%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.66%	—	—

BEDZ vs. EATZ - Expense Ratio Comparison

BEDZ has a 0.99% expense ratio, which is lower than EATZ's 1.00% expense ratio.

Dividends

BEDZ vs. EATZ - Dividend Comparison

BEDZ's dividend yield for the trailing twelve months is around 2.06%, more than EATZ's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021
BEDZ AdvisorShares Hotel ETF	2.06%	2.31%	0.00%	1.67%	0.21%	0.36%
EATZ AdvisorShares Restaurant ETF	0.48%	0.50%	0.18%	0.49%	2.35%	0.15%

Frequently Asked Questions

Can I hold both BEDZ and EATZ in my portfolio?

BEDZ and EATZ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEDZ or EATZ?

On fees, BEDZ is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEDZ or EATZ?

BEDZ is cheaper with a 0.99% expense ratio, compared with 1.00% for EATZ.

Which ETF pays a higher dividend yield, BEDZ or EATZ?

BEDZ has the higher dividend yield at 2.06%, compared with 0.48% for EATZ.

What is the main difference between BEDZ and EATZ?

Their fees differ too: 0.99% for BEDZ and 1.00% for EATZ.