FDIS vs. BETZ
Compare and contrast key facts about Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Roundhill Sports Betting & iGaming ETF (BETZ).
FDIS and BETZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDIS is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. It was launched on Oct 21, 2013. 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 FDIS 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: FDIS or BETZ.
Key characteristics
| FDIS | BETZ | |
|---|---|---|
| YTD Return | 21.83% | 13.90% |
| 1Y Return | 32.31% | 19.56% |
| 3Y Return (Ann) | 3.05% | -11.46% |
| Sharpe Ratio | 2.09 | 1.25 |
| Sortino Ratio | 2.83 | 1.88 |
| Omega Ratio | 1.36 | 1.22 |
| Calmar Ratio | 1.84 | 0.49 |
| Martin Ratio | 10.65 | 4.74 |
| Ulcer Index | 3.48% | 5.27% |
| Daily Std Dev | 17.73% | 19.98% |
| Max Drawdown | -39.16% | -60.82% |
| Current Drawdown | -0.63% | -39.60% |
Correlation
The correlation between FDIS and BETZ is 0.74, 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
FDIS vs. BETZ - Performance Comparison
In the year-to-date period, FDIS achieves a 21.83% return, which is significantly higher than BETZ's 13.90% 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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FDIS vs. BETZ - Expense Ratio Comparison
FDIS has a 0.08% expense ratio, which is lower than BETZ's 0.75% expense ratio.
Risk-Adjusted Performance
FDIS vs. BETZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Consumer Discretionary Index ETF (FDIS) 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
FDIS vs. BETZ - Dividend Comparison
FDIS's dividend yield for the trailing twelve months is around 0.69%, while BETZ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIS Fidelity MSCI Consumer Discretionary Index ETF | 0.69% | 0.78% | 1.00% | 0.58% | 0.59% | 1.14% | 1.29% | 1.00% | 1.62% | 1.25% | 1.01% | 0.28% |
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
FDIS vs. BETZ - Drawdown Comparison
The maximum FDIS drawdown since its inception was -39.16%, smaller than the maximum BETZ drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for FDIS and BETZ. For additional features, visit the drawdowns tool.
Volatility
FDIS vs. BETZ - Volatility Comparison
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) has a higher volatility of 6.01% compared to Roundhill Sports Betting & iGaming ETF (BETZ) at 5.36%. This indicates that FDIS's price experiences larger fluctuations and is considered to be riskier than BETZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.