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BETZ vs. XLV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BETZ vs. XLV

Last updated Jun 24, 2026

BETZ (Roundhill Sports Betting & iGaming ETF) and XLV (State Street Health Care Select Sector SPDR ETF) are both exchange-traded funds - BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index, while XLV is a Health & Biotech Equities fund tracking the Health Care Select Sector Index. Both are passively managed. Over the past 5 years, BETZ returned -8.72%/yr vs 5.69%/yr for XLV. At a 0.39 correlation, their price movements are largely independent. BETZ charges 0.75%/yr vs 0.08%/yr for XLV.

Performance

BETZ vs. XLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Sports Betting & iGaming ETF (BETZ) and State Street Health Care Select Sector SPDR ETF (XLV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BETZ achieves a -10.44% return, which is significantly lower than XLV's -0.85% return.

BETZ

1D
-2.39%
1M
1.93%
YTD
-10.44%
6M
-10.50%
1Y
-12.49%
3Y*
5.42%
5Y*
-8.72%
10Y*
—

XLV

1D
1.41%
1M
1.98%
YTD
-0.85%
6M
-0.97%
1Y
17.16%
3Y*
6.63%
5Y*
5.69%
10Y*
10.01%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BETZ vs. XLV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
BETZ
Roundhill Sports Betting & iGaming ETF		-10.44%15.75%10.22%21.17%-42.02%-3.91%65.99%
XLV
State Street Health Care Select Sector SPDR ETF		-0.85%14.50%2.47%2.07%-2.08%26.04%12.18%

Correlation

The correlation between BETZ and XLV is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.23

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jun 4, 2020

0.39

The correlation between BETZ and XLV shifts across timeframes, from 0.23 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

BETZ vs. XLV - Sectors Allocation Comparison

Sectors
BETZ
XLV

Consumer Cyclical

96.0%

-

Technology

2.9%

-

Communication Services

1.1%

-

Financial Services

0.0%

-

Basic Materials

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

100.0%

Industrials

-

-

Real Estate

-

-

Utilities

-

-

Consumer Cyclical

BETZ
96.0%
XLV

-

Technology

BETZ
2.9%
XLV

-

Communication Services

BETZ
1.1%
XLV

-

Financial Services

BETZ
0.0%
XLV

-

Basic Materials

BETZ

-

XLV

-

Consumer Defensive

BETZ

-

XLV

-

Energy

BETZ

-

XLV

-

Healthcare

BETZ

-

XLV
100.0%

Industrials

BETZ

-

XLV

-

Real Estate

BETZ

-

XLV

-

Utilities

BETZ

-

XLV

-

Compare stocks, funds, or ETFs

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Roundhill Sports Betting & iGaming ETF

State Street Health Care Select Sector SPDR ETF

Often compared with BETZ:
BETZ vs. FDISBETZ vs. ODDSBETZ vs. MGMBETZ vs. HTECBETZ vs. SPYBETZ vs. QQQBETZ vs. BRK-B
Often compared with XLV:
XLV vs. VHTXLV vs. SPYXLV vs. XLFXLV vs. IXJXLV vs. VOOXLV vs. FHLCXLV vs. IHI

Return for Risk

BETZ vs. XLV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BETZ
BETZ Risk / Return Rank: 55
Overall Rank
BETZ Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BETZ Sortino Ratio Rank: 44
Sortino Ratio Rank
BETZ Omega Ratio Rank: 44
Omega Ratio Rank
BETZ Calmar Ratio Rank: 55
Calmar Ratio Rank
BETZ Martin Ratio Rank: 66
Martin Ratio Rank
XLV
XLV Risk / Return Rank: 3232
Overall Rank
XLV Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
XLV Sortino Ratio Rank: 3636
Sortino Ratio Rank
XLV Omega Ratio Rank: 3131
Omega Ratio Rank
XLV Calmar Ratio Rank: 3434
Calmar Ratio Rank
XLV Martin Ratio Rank: 2929
Martin Ratio Rank
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. XLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Sports Betting & iGaming ETF (BETZ) and State Street Health Care Select Sector SPDR ETF (XLV). 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.

BETZXLVDifference
Sharpe ratioReturn per unit of total volatility
-0.60
1.14

-1.75

Sortino ratioReturn per unit of downside risk
-0.74
1.81

-2.55

Omega ratioGain probability vs. loss probability

0.92

1.20

-0.29

Calmar ratioReturn relative to maximum drawdown

-0.43

1.65

-2.08

Martin ratioReturn relative to average drawdown

-0.71

3.89

-4.60

BETZ vs. XLV - Sharpe Ratio Comparison

The current BETZ Sharpe Ratio is -0.60, which is lower than the XLV Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of BETZ and XLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BETZ vs. XLV - Drawdown Comparison

The maximum BETZ drawdown since its inception was -60.82%, which is greater than XLV's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for BETZ and XLV.

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Drawdown Indicators

BETZXLVDifference

Max Drawdown

Largest peak-to-trough decline

-60.82%

-39.17%

-21.65%

Max Drawdown (1Y)

Largest decline over 1 year

-29.20%

-10.47%

-18.73%

Max Drawdown (3Y)

Largest decline over 3 years

-29.20%

-17.11%

-12.09%

Max Drawdown (5Y)

Largest decline over 5 years

-59.79%

-17.11%

-42.68%

Max Drawdown (10Y)

Largest decline over 10 years

—

-28.40%

—

Current Drawdown

Current decline from peak

-39.41%

-4.20%

-35.21%

Average Drawdown

Average peak-to-trough decline

-33.82%

-7.12%

-26.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.59%

4.42%

+13.17%

Volatility

BETZ vs. XLV - Volatility Comparison

Roundhill Sports Betting & iGaming ETF (BETZ) has a higher volatility of 6.83% compared to State Street Health Care Select Sector SPDR ETF (XLV) at 5.27%. This indicates that BETZ's price experiences larger fluctuations and is considered to be riskier than XLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BETZXLVDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.83%

5.27%

+1.56%

Volatility (6M)

Calculated over the trailing 6-month period

16.62%

10.68%

+5.94%

Volatility (1Y)

Calculated over the trailing 1-year period

20.78%

15.09%

+5.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.00%

14.77%

+12.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.95%

16.57%

+11.38%

BETZ vs. XLV - Expense Ratio Comparison

BETZ has a 0.75% expense ratio, which is higher than XLV's 0.08% expense ratio.

Dividends

BETZ vs. XLV - Dividend Comparison

BETZ's dividend yield for the trailing twelve months is around 5.11%, more than XLV's 1.66% yield.

PositionTTM20252024202320222021202020192018201720162015
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%0.00%
XLV
State Street Health Care Select Sector SPDR ETF		1.66%1.60%1.67%1.59%1.47%1.33%1.49%2.17%1.57%1.47%1.60%1.43%

Frequently Asked Questions

BETZ and XLV have a correlation of 0.23, 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 XLV (5.27%). In terms of maximum drawdown, BETZ dropped -60.82% vs XLV's -39.17%.

On 5-year performance, XLV leads with 5.69% vs -8.72% for BETZ. On fees, XLV is cheaper at 0.08% per year. On volatility, XLV has been the lower-risk option at 5.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, XLV has performed better with a 5.69% return vs -8.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

XLV is cheaper with a 0.08% expense ratio, compared with 0.75% for BETZ.

BETZ has the higher dividend yield at 5.11%, compared with 1.66% for XLV.

BETZ is categorized as Consumer Discretionary Equities, while XLV is Health & Biotech Equities. BETZ tracks Roundhill Sports Betting & iGaming Index, while XLV tracks Health Care Select Sector Index. They also come from different issuers: Roundhill Investments and State Street. Their fees differ too: 0.75% for BETZ and 0.08% for XLV.

XLV currently has the higher Sharpe Ratio (1.14 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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