BEEZ vs. SPCT

Last updated Jul 17, 2026

BEEZ (Honeytree U.S. Equity ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. BEEZ charges 0.64%/yr vs 0.85%/yr for SPCT.

Performance

BEEZ vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Honeytree U.S. Equity ETF (BEEZ) and Liberty One Spectrum ETF (SPCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BEEZ achieves a 3.85% return, which is significantly lower than SPCT's 9.92% return.

BEEZ

• 1D: 2.02%
• 1M: 2.28%
• 6M: -0.46%
• YTD: 3.85%
• 1Y: 5.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPCT

• 1D: 0.99%
• 1M: 1.35%
• 6M: 7.01%
• YTD: 9.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BEEZ vs. SPCT - Yearly Performance Comparison

	2026 (YTD)	2025
BEEZ Honeytree U.S. Equity ETF	3.85%	-0.59%
SPCT Liberty One Spectrum ETF	9.92%	1.93%

Correlation

The correlation between BEEZ and SPCT is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.56

Return for Risk

BEEZ vs. SPCT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BEEZ

BEEZ Risk / Return Rank: 18
BEEZ Sharpe Ratio Rank: 17
BEEZ Sortino Ratio Rank: 16
BEEZ Omega Ratio Rank: 16
BEEZ Calmar Ratio Rank: 20
BEEZ Martin Ratio Rank: 22

SPCT

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BEEZ vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Honeytree U.S. Equity ETF (BEEZ) and Liberty One Spectrum ETF (SPCT). 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.

	BEEZ	SPCT	Difference
Sharpe ratio: Return per unit of total volatility	0.44	—	—
Sortino ratio: Return per unit of downside risk	0.73	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.69	—	—
Martin ratio: Return relative to average drawdown	2.01	—	—

Drawdowns

BEEZ vs. SPCT - Drawdown Comparison

The maximum BEEZ drawdown since its inception was -18.62%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for BEEZ and SPCT.

Drawdown Indicators

	BEEZ	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-18.62%	-7.17%	-11.45%
Max Drawdown (1Y) Largest decline over 1 year	-8.41%	—	—
Current Drawdown Current decline from peak	-0.79%	0.00%	-0.79%
Average Drawdown Average peak-to-trough decline	-2.80%	-1.49%	-1.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	—	—

Volatility

Volatility by Period

	BEEZ	SPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.27%	9.27%	+4.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	9.27%	+5.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.04%	9.27%	+5.77%

BEEZ vs. SPCT - Expense Ratio Comparison

BEEZ has a 0.64% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

BEEZ vs. SPCT - Dividend Comparison

BEEZ's dividend yield for the trailing twelve months is around 0.54%, less than SPCT's 0.73% yield.

Position	TTM	2025	2024	2023
BEEZ Honeytree U.S. Equity ETF	0.54%	0.56%	0.61%	0.19%
SPCT Liberty One Spectrum ETF	0.73%	0.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BEEZ and SPCT in my portfolio?

BEEZ and SPCT 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, BEEZ or SPCT?

On fees, BEEZ is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BEEZ or SPCT?

BEEZ is cheaper with a 0.64% expense ratio, compared with 0.85% for SPCT.

Which ETF pays a higher dividend yield, BEEZ or SPCT?

SPCT has the higher dividend yield at 0.73%, compared with 0.54% for BEEZ.

What is the main difference between BEEZ and SPCT?

They also come from different issuers: Honeytree and Liberty One. Their fees differ too: 0.64% for BEEZ and 0.85% for SPCT.