BTR vs. BSR

Last updated Jun 24, 2026

BTR (Beacon Tactical Risk ETF) and BSR (Beacon Selective Risk ETF) are both exchange-traded funds - BTR is a Large Cap Blend Equities fund actively managed by American Beacon, while BSR is a Tactical Allocation fund tracking the NONE. BTR is actively managed, while BSR is passively managed. Over the past 3 years, BTR returned 4.25%/yr vs 7.09%/yr for BSR. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 1.10% expense ratio.

Performance

BTR vs. BSR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beacon Tactical Risk ETF (BTR) and Beacon Selective Risk ETF (BSR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BTR achieves a 7.96% return, which is significantly higher than BSR's 2.77% return.

BTR

• 1D: -0.24%
• 1M: -0.71%
• YTD: 7.96%
• 6M: 7.23%
• 1Y: 17.86%
• 3Y*: 4.25%
• 5Y*: —
• 10Y*: —

BSR

• 1D: -0.10%
• 1M: -0.29%
• YTD: 2.77%
• 6M: 2.04%
• 1Y: 10.43%
• 3Y*: 7.09%
• 5Y*: —
• 10Y*: —

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

BTR vs. BSR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BTR Beacon Tactical Risk ETF	7.96%	-2.15%	14.45%	-6.78%
BSR Beacon Selective Risk ETF	2.77%	4.21%	12.44%	4.67%

Correlation

The correlation between BTR and BSR is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023	0.88

The correlation between BTR and BSR has been stable across timeframes, ranging from 0.88 to 0.96 - a consistent structural relationship.

BTR vs. BSR - Sectors Allocation Comparison

Sectors	BTR	BSR
Technology	12.7%	12.1%
Energy	10.4%	11.9%
Consumer Cyclical	9.5%	1.3%
Communication Services	9.3%	8.4%
Industrials	9.2%	10.9%
Healthcare	8.8%	11.3%
Utilities	8.4%	12.1%
Basic Materials	8.4%	10.3%
Real Estate	8.2%	10.7%
Consumer Defensive	7.8%	11.0%
Financial Services	7.2%	0.1%

Return for Risk

BTR vs. BSR — Risk / Return Rank

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

BTR

BTR Risk / Return Rank: 61
BTR Sharpe Ratio Rank: 59
BTR Sortino Ratio Rank: 58
BTR Omega Ratio Rank: 58
BTR Calmar Ratio Rank: 64
BTR Martin Ratio Rank: 66

BSR

BSR Risk / Return Rank: 35
BSR Sharpe Ratio Rank: 36
BSR Sortino Ratio Rank: 34
BSR Omega Ratio Rank: 34
BSR Calmar Ratio Rank: 37
BSR Martin Ratio Rank: 33

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.

BTR vs. BSR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beacon Tactical Risk ETF (BTR) and Beacon Selective Risk ETF (BSR). 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.

	BTR	BSR	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.19	+0.61
Sortino ratio: Return per unit of downside risk	2.53	1.67	+0.86
Omega ratio: Gain probability vs. loss probability	1.33	1.21	+0.11
Calmar ratio: Return relative to maximum drawdown	2.88	1.70	+1.18
Martin ratio: Return relative to average drawdown	11.05	4.57	+6.48

BTR vs. BSR - Sharpe Ratio Comparison

The current BTR Sharpe Ratio is 1.80, which is higher than the BSR Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of BTR and BSR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BTR vs. BSR - Drawdown Comparison

The maximum BTR drawdown since its inception was -16.67%, which is greater than BSR's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for BTR and BSR.

Drawdown Indicators

	BTR	BSR	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	-15.68%	-0.99%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-6.15%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	-16.67%	-15.68%	-0.99%
Current Drawdown Current decline from peak	-1.33%	-4.99%	+3.66%
Average Drawdown Average peak-to-trough decline	-5.51%	-4.58%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	2.29%	-0.67%

Volatility

BTR vs. BSR - Volatility Comparison

Beacon Tactical Risk ETF (BTR) has a higher volatility of 2.92% compared to Beacon Selective Risk ETF (BSR) at 2.41%. This indicates that BTR's price experiences larger fluctuations and is considered to be riskier than BSR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BTR	BSR	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	2.41%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	7.35%	6.52%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	8.79%	+1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.91%	16.17%	-5.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.91%	16.17%	-5.26%

BTR vs. BSR - Expense Ratio Comparison

Both BTR and BSR have an expense ratio of 1.10%.

Dividends

BTR vs. BSR - Dividend Comparison

BTR's dividend yield for the trailing twelve months is around 1.19%, less than BSR's 2.82% yield.

Position	TTM	2025	2024	2023
BSR Beacon Selective Risk ETF	2.82%	2.89%	0.89%	1.08%
BTR Beacon Tactical Risk ETF	1.19%	1.29%	0.87%	0.91%

Frequently Asked Questions

Can I hold both BTR and BSR in my portfolio?

With a correlation of 0.96, BTR and BSR move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BTR or BSR?

BTR has higher volatility (2.92%) compared to BSR (2.41%). In terms of maximum drawdown, BTR dropped -16.67% vs BSR's -15.68%.

Which ETF is better, BTR or BSR?

On 3-year performance, BSR leads with 7.09% vs 4.25% for BTR. Both ETFs have the same 1.10% expense ratio. On volatility, BSR has been the lower-risk option at 2.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BTR or BSR?

Over the 3-year period, BSR has performed better with a 7.09% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BTR or BSR?

BTR and BSR have the same expense ratio: 1.10% per year.

Which ETF pays a higher dividend yield, BTR or BSR?

BSR has the higher dividend yield at 2.82%, compared with 1.19% for BTR.

What is the main difference between BTR and BSR?

BTR is categorized as Large Cap Blend Equities, while BSR is Tactical Allocation.

Which has better risk-adjusted returns?

BTR currently has the higher Sharpe Ratio (1.80 vs 1.19), 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.