BETZ vs. SGHC

Last updated Jun 3, 2026

BETZ (Roundhill Sports Betting & iGaming ETF) is Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while SGHC (Super Group (SGHC) Limited) is a stock. Over the past 3 years, BETZ returned 5.35%/yr vs 64.15%/yr for SGHC. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

BETZ vs. SGHC - Performance Comparison

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

Returns By Period

In the year-to-date period, BETZ achieves a -9.29% return, which is significantly lower than SGHC's 9.24% return.

BETZ

• 1D: -0.47%
• 1M: -1.76%
• YTD: -9.29%
• 6M: -6.63%
• 1Y: -5.17%
• 3Y*: 5.35%
• 5Y*: -8.45%
• 10Y*: —

SGHC

• 1D: -2.77%
• 1M: -1.86%
• YTD: 9.24%
• 6M: 19.85%
• 1Y: 50.80%
• 3Y*: 64.15%
• 5Y*: —
• 10Y*: —

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

BETZ vs. SGHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BETZ Roundhill Sports Betting & iGaming ETF	-9.29%	15.75%	10.22%	21.17%	-31.01%
SGHC Super Group (SGHC) Limited	9.24%	95.00%	107.65%	5.67%	-63.64%

Correlation

The correlation between BETZ and SGHC is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	0.51

The correlation between BETZ and SGHC has been stable across timeframes, ranging from 0.51 to 0.55 - a consistent structural relationship.

Return for Risk

BETZ vs. SGHC — Risk / Return Rank

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

BETZ

BETZ Risk / Return Rank: 6
BETZ Sharpe Ratio Rank: 6
BETZ Sortino Ratio Rank: 6
BETZ Omega Ratio Rank: 6
BETZ Calmar Ratio Rank: 7
BETZ Martin Ratio Rank: 7

SGHC

SGHC Risk / Return Rank: 69
SGHC Sharpe Ratio Rank: 73
SGHC Sortino Ratio Rank: 71
SGHC Omega Ratio Rank: 67
SGHC Calmar Ratio Rank: 66
SGHC Martin Ratio Rank: 66

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. SGHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and Super Group (SGHC) Limited (SGHC). 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	SGHC	Difference
Sharpe ratio Return per unit of total volatility	-0.25	1.10	-1.35
Sortino ratio Return per unit of downside risk	-0.22	1.79	-2.01
Omega ratio Gain probability vs. loss probability	0.97	1.21	-0.24
Calmar ratio Return relative to maximum drawdown	-0.22	1.35	-1.57
Martin ratio Return relative to average drawdown	-0.38	3.11	-3.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BETZ vs. SGHC - Sharpe Ratio Comparison

The current BETZ Sharpe Ratio is -0.25, which is lower than the SGHC Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of BETZ and SGHC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BETZ	SGHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.25	1.10	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.22	-0.08

Drawdowns

BETZ vs. SGHC - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, smaller than the maximum SGHC drawdown of -76.02%. Use the drawdown chart below to compare losses from any high point for BETZ and SGHC.

Drawdown Indicators

	BETZ	SGHC	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-76.02%	+15.20%
Max Drawdown (1Y) Largest decline over 1 year	-29.20%	-37.67%	+8.47%
Max Drawdown (3Y) Largest decline over 3 years	-29.20%	-37.67%	+8.47%
Max Drawdown (5Y) Largest decline over 5 years	-60.35%	—	—
Current Drawdown Current decline from peak	-38.64%	-8.80%	-29.84%
Average Drawdown Average peak-to-trough decline	-33.81%	-45.85%	+12.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.93%	16.36%	+0.57%

Volatility

BETZ vs. SGHC - Volatility Comparison

The current volatility for Roundhill Sports Betting & iGaming ETF (BETZ) is 5.46%, while Super Group (SGHC) Limited (SGHC) has a volatility of 10.27%. This indicates that BETZ experiences smaller price fluctuations and is considered to be less risky than SGHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BETZ	SGHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	10.27%	-4.81%
Volatility (6M) Calculated over the trailing 6-month period	15.77%	30.55%	-14.78%
Volatility (1Y) Calculated over the trailing 1-year period	20.49%	46.38%	-25.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	59.63%	-32.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.95%	59.63%	-31.68%

Dividends

BETZ vs. SGHC - Dividend Comparison

BETZ's dividend yield for the trailing twelve months is around 5.04%, more than SGHC's 3.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BETZ Roundhill Sports Betting & iGaming ETF	5.04%	4.57%	0.86%	0.00%	0.66%	0.00%	0.28%
SGHC Super Group (SGHC) Limited	3.32%	1.34%	4.01%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BETZ and SGHC in my portfolio?

BETZ and SGHC have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BETZ or SGHC?

SGHC has higher volatility (10.27%) compared to BETZ (5.46%). In terms of maximum drawdown, BETZ dropped -60.82% vs SGHC's -76.02%.

Which has better risk-adjusted returns?

SGHC currently has the higher Sharpe Ratio (1.10 vs -0.25), 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.