BETZ vs. FDIS
Compare and contrast key facts about Roundhill Sports Betting & iGaming ETF (BETZ) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS).
BETZ and FDIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. Both BETZ and FDIS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BETZ or FDIS.
Key characteristics
| BETZ | FDIS | |
|---|---|---|
| YTD Return | 13.21% | 22.61% |
| 1Y Return | 24.48% | 38.28% |
| 3Y Return (Ann) | -11.67% | 3.28% |
| Sharpe Ratio | 1.30 | 2.28 |
| Sortino Ratio | 1.94 | 3.06 |
| Omega Ratio | 1.22 | 1.39 |
| Calmar Ratio | 0.50 | 1.80 |
| Martin Ratio | 4.95 | 11.65 |
| Ulcer Index | 5.27% | 3.48% |
| Daily Std Dev | 20.00% | 17.71% |
| Max Drawdown | -60.82% | -39.16% |
| Current Drawdown | -39.97% | 0.00% |
Correlation
The correlation between BETZ and FDIS is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BETZ vs. FDIS - Performance Comparison
In the year-to-date period, BETZ achieves a 13.21% return, which is significantly lower than FDIS's 22.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BETZ vs. FDIS - Expense Ratio Comparison
BETZ has a 0.75% expense ratio, which is higher than FDIS's 0.08% expense ratio.
Risk-Adjusted Performance
BETZ vs. FDIS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS). 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.
Dividends
BETZ vs. FDIS - Dividend Comparison
BETZ has not paid dividends to shareholders, while FDIS's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BETZ Roundhill Sports Betting & iGaming ETF | 0.00% | 0.00% | 0.66% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.68% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
Drawdowns
BETZ vs. FDIS - Drawdown Comparison
The maximum BETZ drawdown since its inception was -60.82%, which is greater than FDIS's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for BETZ and FDIS. For additional features, visit the drawdowns tool.
Volatility
BETZ vs. FDIS - Volatility Comparison
Roundhill Sports Betting & iGaming ETF (BETZ) and Fidelity MSCI Consumer Discretionary Index ETF (FDIS) have volatilities of 5.53% and 5.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.