BETZ vs. BULL

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill Sports Betting & iGaming ETF (BETZ) and Webull Corp (BULL).

BETZ is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill Sports Betting & iGaming Index. It was launched on Jun 4, 2020.

Performance

BETZ vs. BULL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Sports Betting & iGaming ETF (BETZ) and Webull Corp (BULL). The values are adjusted to include any dividend payments, if applicable.

BETZ vs. BULL - Yearly Performance Comparison

	2026 (YTD)	2025
BETZ Roundhill Sports Betting & iGaming ETF	-14.85%	15.87%
BULL Webull Corp	-38.22%	-35.36%

Returns By Period

In the year-to-date period, BETZ achieves a -14.85% return, which is significantly higher than BULL's -38.22% return.

BETZ

• 1D: 3.13%
• 1M: -2.55%
• YTD: -14.85%
• 6M: -21.76%
• 1Y: -0.63%
• 3Y*: 5.07%
• 5Y*: -9.64%
• 10Y*: —

BULL

• 1D: 3.67%
• 1M: -17.38%
• YTD: -38.22%
• 6M: -67.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

BETZ vs. BULL — Risk / Return Rank

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

BETZ

BETZ Risk / Return Rank: 11
BETZ Sharpe Ratio Rank: 12
BETZ Sortino Ratio Rank: 12
BETZ Omega Ratio Rank: 11
BETZ Calmar Ratio Rank: 11
BETZ Martin Ratio Rank: 11

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.

BETZ vs. BULL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and Webull Corp (BULL). 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.

	BETZ	BULL	Difference
Sharpe ratio Return per unit of total volatility	-0.03	—	—
Sortino ratio Return per unit of downside risk	0.13	—	—
Omega ratio Gain probability vs. loss probability	1.02	—	—
Calmar ratio Return relative to maximum drawdown	-0.07	—	—
Martin ratio Return relative to average drawdown	-0.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BETZ	BULL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.03	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-0.16	+0.26

Correlation

The correlation between BETZ and BULL is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BETZ vs. BULL - Dividend Comparison

BETZ's dividend yield for the trailing twelve months is around 5.37%, while BULL has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020
BETZ Roundhill Sports Betting & iGaming ETF	5.37%	4.57%	0.86%	0.00%	0.66%	0.00%	0.28%
BULL Webull Corp	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

BETZ vs. BULL - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, smaller than the maximum BULL drawdown of -92.64%. Use the drawdown chart below to compare losses from any high point for BETZ and BULL.

Drawdown Indicators

	BETZ	BULL	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-92.64%	+31.82%
Max Drawdown (1Y) Largest decline over 1 year	-29.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-60.82%	—	—
Current Drawdown Current decline from peak	-42.39%	-92.37%	+49.98%
Average Drawdown Average peak-to-trough decline	-33.64%	-81.44%	+47.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	—	—

Volatility

Volatility by Period

	BETZ	BULL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.02%	393.13%	-370.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.27%	393.13%	-365.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.13%	393.13%	-365.00%