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BETZ vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BETZQQQ
YTD Return-3.44%3.78%
1Y Return1.91%37.01%
3Y Return (Ann)-19.57%8.20%
Sharpe Ratio0.102.33
Daily Std Dev21.69%16.27%
Max Drawdown-60.82%-82.98%
Current Drawdown-48.80%-4.91%

Correlation

-0.50.00.51.00.7

The correlation between BETZ and QQQ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BETZ vs. QQQ - Performance Comparison

In the year-to-date period, BETZ achieves a -3.44% return, which is significantly lower than QQQ's 3.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2024FebruaryMarchApril
17.24%
23.98%
BETZ
QQQ

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Roundhill Sports Betting & iGaming ETF

Invesco QQQ

BETZ vs. QQQ - Expense Ratio Comparison

BETZ has a 0.75% expense ratio, which is higher than QQQ's 0.20% expense ratio.


BETZ
Roundhill Sports Betting & iGaming ETF
Expense ratio chart for BETZ: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

BETZ vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and Invesco QQQ (QQQ). 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
Sharpe ratio
The chart of Sharpe ratio for BETZ, currently valued at 0.10, compared to the broader market-1.000.001.002.003.004.000.10
Sortino ratio
The chart of Sortino ratio for BETZ, currently valued at 0.31, compared to the broader market-2.000.002.004.006.008.000.31
Omega ratio
The chart of Omega ratio for BETZ, currently valued at 1.03, compared to the broader market1.001.502.001.03
Calmar ratio
The chart of Calmar ratio for BETZ, currently valued at 0.04, compared to the broader market0.002.004.006.008.0010.000.04
Martin ratio
The chart of Martin ratio for BETZ, currently valued at 0.22, compared to the broader market0.0010.0020.0030.0040.0050.0060.000.22
QQQ
Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 2.33, compared to the broader market-1.000.001.002.003.004.002.33
Sortino ratio
The chart of Sortino ratio for QQQ, currently valued at 3.21, compared to the broader market-2.000.002.004.006.008.003.21
Omega ratio
The chart of Omega ratio for QQQ, currently valued at 1.39, compared to the broader market1.001.502.001.39
Calmar ratio
The chart of Calmar ratio for QQQ, currently valued at 1.72, compared to the broader market0.002.004.006.008.0010.001.72
Martin ratio
The chart of Martin ratio for QQQ, currently valued at 11.60, compared to the broader market0.0010.0020.0030.0040.0050.0060.0011.60

BETZ vs. QQQ - Sharpe Ratio Comparison

The current BETZ Sharpe Ratio is 0.10, which is lower than the QQQ Sharpe Ratio of 2.33. The chart below compares the 12-month rolling Sharpe Ratio of BETZ and QQQ.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2024FebruaryMarchApril
0.10
2.33
BETZ
QQQ

Dividends

BETZ vs. QQQ - Dividend Comparison

BETZ has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.62%.


TTM20232022202120202019201820172016201520142013
BETZ
Roundhill Sports Betting & iGaming ETF
0.00%0.00%0.66%0.00%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.62%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.01%

Drawdowns

BETZ vs. QQQ - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BETZ and QQQ. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-48.80%
-4.91%
BETZ
QQQ

Volatility

BETZ vs. QQQ - Volatility Comparison

Roundhill Sports Betting & iGaming ETF (BETZ) has a higher volatility of 5.20% compared to Invesco QQQ (QQQ) at 4.84%. This indicates that BETZ's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2024FebruaryMarchApril
5.20%
4.84%
BETZ
QQQ