BJK vs. BETZ
Compare and contrast key facts about VanEck Vectors Gaming ETF (BJK) and Roundhill Sports Betting & iGaming ETF (BETZ).
BJK and BETZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BJK is a passively managed fund by VanEck that tracks the performance of the S-Network Global Gaming Index. It was launched on Jan 22, 2008. BETZ is a passively managed fund by Roundhill Investments that tracks the performance of the Roundhill Sports Betting & iGaming Index. It was launched on Jun 4, 2020. Both BJK and BETZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BJK or BETZ.
Key characteristics
| BJK | BETZ | |
|---|---|---|
| YTD Return | 2.17% | 12.86% |
| 1Y Return | 12.82% | 23.86% |
| 3Y Return (Ann) | -2.62% | -11.74% |
| Sharpe Ratio | 0.67 | 1.21 |
| Sortino Ratio | 1.06 | 1.82 |
| Omega Ratio | 1.12 | 1.21 |
| Calmar Ratio | 0.42 | 0.47 |
| Martin Ratio | 1.99 | 4.57 |
| Ulcer Index | 6.68% | 5.27% |
| Daily Std Dev | 19.80% | 19.97% |
| Max Drawdown | -71.13% | -60.82% |
| Current Drawdown | -21.89% | -40.15% |
Correlation
The correlation between BJK and BETZ is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BJK vs. BETZ - Performance Comparison
In the year-to-date period, BJK achieves a 2.17% return, which is significantly lower than BETZ's 12.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BJK vs. BETZ - Expense Ratio Comparison
BJK has a 0.66% expense ratio, which is lower than BETZ's 0.75% expense ratio.
Risk-Adjusted Performance
BJK vs. BETZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Gaming ETF (BJK) and Roundhill Sports Betting & iGaming ETF (BETZ). 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.
Dividends
BJK vs. BETZ - Dividend Comparison
BJK's dividend yield for the trailing twelve months is around 1.65%, while BETZ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BJK VanEck Vectors Gaming ETF | 1.65% | 1.68% | 0.44% | 0.79% | 0.47% | 2.95% | 3.43% | 2.31% | 3.15% | 4.09% | 4.90% | 0.97% |
BETZ Roundhill Sports Betting & iGaming ETF | 0.00% | 0.00% | 0.66% | 0.00% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BJK vs. BETZ - Drawdown Comparison
The maximum BJK drawdown since its inception was -71.13%, which is greater than BETZ's maximum drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for BJK and BETZ. For additional features, visit the drawdowns tool.
Volatility
BJK vs. BETZ - Volatility Comparison
VanEck Vectors Gaming ETF (BJK) and Roundhill Sports Betting & iGaming ETF (BETZ) have volatilities of 5.39% and 5.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.