BETZ vs. USFR
BETZ (Roundhill Sports Betting & iGaming ETF) and USFR (WisdomTree Floating Rate Treasury Fund) are both exchange-traded funds - BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while USFR is a Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Bond Index. Both are passively managed. Over the past 5 years, BETZ returned -8.72%/yr vs 3.71%/yr for USFR. At a correlation of -0.03, they often move in opposite directions. BETZ charges 0.75%/yr vs 0.15%/yr for USFR.
Performance
BETZ vs. USFR - Performance Comparison
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Returns By Period
In the year-to-date period, BETZ achieves a -10.44% return, which is significantly lower than USFR's 1.82% return.
BETZ
- 1D
- -2.39%
- 1M
- 1.93%
- YTD
- -10.44%
- 6M
- -10.50%
- 1Y
- -12.49%
- 3Y*
- 5.42%
- 5Y*
- -8.72%
- 10Y*
- —
USFR
- 1D
- 0.04%
- 1M
- 0.33%
- YTD
- 1.82%
- 6M
- 1.92%
- 1Y
- 3.99%
- 3Y*
- 4.74%
- 5Y*
- 3.71%
- 10Y*
- 2.43%
BETZ vs. USFR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BETZ Roundhill Sports Betting & iGaming ETF | -10.44% | 15.75% | 10.22% | 21.17% | -42.02% | -3.91% | 65.99% |
USFR WisdomTree Floating Rate Treasury Fund | 1.82% | 4.23% | 5.47% | 5.18% | 1.98% | -0.03% | 0.12% |
Correlation
The correlation between BETZ and USFR is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020 | -0.03 |
The correlation between BETZ and USFR shifts across timeframes, from -0.17 (1 year) to -0.02 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
BETZ vs. USFR — Risk / Return Rank
BETZ
USFR
BETZ vs. USFR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and WisdomTree Floating Rate Treasury Fund (USFR). 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 | USFR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.28 | ||
| Sortino ratioReturn per unit of downside risk | -50.87 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 13.31 | -12.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 201.33 | -201.76 |
| Martin ratioReturn relative to average drawdown | -0.71 | 779.76 | -780.47 |
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Drawdowns
BETZ vs. USFR - Drawdown Comparison
The maximum BETZ drawdown since its inception was -60.82%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for BETZ and USFR.
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Drawdown Indicators
| BETZ | USFR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.82% | -1.36% | -59.46% |
Max Drawdown (1Y)Largest decline over 1 year | -29.20% | -0.02% | -29.18% |
Max Drawdown (3Y)Largest decline over 3 years | -29.20% | -0.06% | -29.14% |
Max Drawdown (5Y)Largest decline over 5 years | -59.79% | -0.18% | -59.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.80% | — |
Current DrawdownCurrent decline from peak | -39.41% | 0.00% | -39.41% |
Average DrawdownAverage peak-to-trough decline | -33.82% | -0.15% | -33.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.59% | 0.01% | +17.58% |
Volatility
BETZ vs. USFR - Volatility Comparison
Roundhill Sports Betting & iGaming ETF (BETZ) has a higher volatility of 6.83% compared to WisdomTree Floating Rate Treasury Fund (USFR) at 0.09%. This indicates that BETZ's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BETZ | USFR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.83% | 0.09% | +6.74% |
Volatility (6M)Calculated over the trailing 6-month period | 16.62% | 0.19% | +16.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.78% | 0.27% | +20.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.00% | 0.40% | +26.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.95% | 0.78% | +27.17% |
BETZ vs. USFR - Expense Ratio Comparison
BETZ has a 0.75% expense ratio, which is higher than USFR's 0.15% expense ratio.
Dividends
BETZ vs. USFR - Dividend Comparison
BETZ's dividend yield for the trailing twelve months is around 5.11%, more than USFR's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BETZ Roundhill Sports Betting & iGaming ETF | 5.11% | 4.57% | 0.86% | 0.00% | 0.66% | 0.00% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
USFR WisdomTree Floating Rate Treasury Fund | 3.90% | 4.15% | 5.17% | 5.12% | 1.78% | 0.01% | 0.40% | 2.08% | 1.67% | 1.03% | 0.29% |
Frequently Asked Questions
BETZ and USFR have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BETZ has higher volatility (6.83%) compared to USFR (0.09%). In terms of maximum drawdown, BETZ dropped -60.82% vs USFR's -1.36%.
On 5-year performance, USFR leads with 3.71% vs -8.72% for BETZ. On fees, USFR is cheaper at 0.15% per year. On volatility, USFR has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USFR has performed better with a 3.71% return vs -8.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USFR is cheaper with a 0.15% expense ratio, compared with 0.75% for BETZ.
BETZ has the higher dividend yield at 5.11%, compared with 3.90% for USFR.
BETZ is categorized as Consumer Discretionary Equities, while USFR is Government Bonds. BETZ tracks Roundhill Sports Betting & iGaming Index, while USFR tracks Bloomberg U.S. Treasury Floating Rate Bond Index. They also come from different issuers: Roundhill Investments and WisdomTree. Their fees differ too: 0.75% for BETZ and 0.15% for USFR.
USFR currently has the higher Sharpe Ratio (14.67 vs -0.60), 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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