BETZ vs. MSTZ
BETZ (Roundhill Sports Betting & iGaming ETF) and MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) are both exchange-traded funds - BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while MSTZ is a Inverse Equities fund actively managed by REX. BETZ is passively managed, while MSTZ is actively managed. Over the past year, BETZ returned -16.95% vs 159.07% for MSTZ. Their -0.32 correlation means they have often moved in opposite directions in the past. BETZ charges 0.75%/yr vs 1.05%/yr for MSTZ.
Performance
BETZ vs. MSTZ - Performance Comparison
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Returns By Period
In the year-to-date period, BETZ achieves a -8.87% return, which is significantly higher than MSTZ's -30.44% return.
BETZ
- 1D
- -0.58%
- 1M
- 0.36%
- 6M
- 2.90%
- YTD
- -8.87%
- 1Y
- -16.95%
- 3Y*
- 3.15%
- 5Y*
- -5.84%
- 10Y*
- —
- ALL TIME*
- 4.39%
MSTZ
- 1D
- 8.95%
- 1M
- 7.38%
- 6M
- -24.16%
- YTD
- -30.44%
- 1Y
- 159.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -86.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $205.48K | $310.34K | $782.30K | |
| $101.73M | $133.33M | $177.41M |
BETZ vs. MSTZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BETZ Roundhill Sports Betting & iGaming ETF | -8.87% | 15.75% | 1.94% |
MSTZ T-REX 2X Inverse MSTR Daily Target ETF | -30.44% | -38.95% | -94.43% |
Correlation
The correlation between BETZ and MSTZ is -0.28, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.28 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024 | -0.32 |
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Return for Risk
BETZ vs. MSTZ — Risk / Return Rank
BETZ
MSTZ
BETZ vs. MSTZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and T-REX 2X Inverse MSTR Daily Target ETF (MSTZ). 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.
| BETZ | MSTZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -3.31 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.28 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.60 | 2.44 | -3.04 |
| Martin ratioReturn relative to average drawdown | -0.93 | 4.53 | -5.46 |
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Drawdowns
BETZ vs. MSTZ - Drawdown Comparison
The maximum BETZ drawdown since its inception was -60.82%, smaller than the maximum MSTZ drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for BETZ and MSTZ.
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Drawdown Indicators
| BETZ | MSTZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.82% | -99.38% | +38.56% |
Max Drawdown (1Y)Largest decline over 1 year | -29.20% | -84.89% | +55.69% |
Max Drawdown (3Y)Largest decline over 3 years | -29.20% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -59.79% | — | — |
Current DrawdownCurrent decline from peak | -38.35% | -97.63% | +59.28% |
Average DrawdownAverage peak-to-trough decline | -33.89% | -94.63% | +60.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.92% | 45.62% | -26.70% |
Volatility
BETZ vs. MSTZ - Volatility Comparison
The current volatility for Roundhill Sports Betting & iGaming ETF (BETZ) is 5.96%, while T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a volatility of 37.86%. This indicates that BETZ experiences smaller price fluctuations and is considered to be less risky than MSTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BETZ | MSTZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 37.86% | -31.90% |
Volatility (6M)Calculated over the trailing 6-month period | 17.04% | 134.52% | -117.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.17% | 150.23% | -129.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.97% | 169.87% | -142.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.85% | 169.87% | -142.02% |
BETZ vs. MSTZ - Expense Ratio Comparison
BETZ has a 0.75% expense ratio, which is lower than MSTZ's 1.05% expense ratio.
Dividends
BETZ vs. MSTZ - Dividend Comparison
BETZ's dividend yield for the trailing twelve months is around 5.02%, while MSTZ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BETZ Roundhill Sports Betting & iGaming ETF | 5.02% | 4.57% | 0.86% | 0.00% | 0.66% | 0.00% | 0.28% |
MSTZ T-REX 2X Inverse MSTR Daily Target ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BETZ and MSTZ have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTZ has higher volatility (37.86%) compared to BETZ (5.96%). In terms of maximum drawdown, BETZ dropped -60.82% vs MSTZ's -99.38%.
On 1-year performance, MSTZ leads with 159.07% vs -16.95% for BETZ. On fees, BETZ is cheaper at 0.75% per year. On volatility, BETZ has been the lower-risk option at 5.96%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MSTZ has performed better with a 159.07% return vs -16.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BETZ is cheaper with a 0.75% expense ratio, compared with 1.05% for MSTZ.
BETZ has the higher dividend yield at 5.02%, compared with 0.00% for MSTZ.
BETZ is categorized as Consumer Discretionary Equities, while MSTZ is Inverse Equities. They also come from different issuers: Roundhill and REX. Their fees differ too: 0.75% for BETZ and 1.05% for MSTZ.
MSTZ currently has the higher Sharpe Ratio (1.38 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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