ODDS vs. BETZ
Compare and contrast key facts about Pacer BlueStar Digital Entertainment ETF (ODDS) and Roundhill Sports Betting & iGaming ETF (BETZ).
ODDS and BETZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ODDS is a passively managed fund by Pacer that tracks the performance of the BlueStar Global Online Gambling, Video Gaming and eSports Index. It was launched on Apr 7, 2022. 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 ODDS 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: ODDS or BETZ.
Correlation
The correlation between ODDS and BETZ is 0.73, 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
ODDS vs. BETZ - Performance Comparison
Key characteristics
ODDS:
1.19
BETZ:
0.82
ODDS:
1.74
BETZ:
1.27
ODDS:
1.21
BETZ:
1.17
ODDS:
1.45
BETZ:
0.38
ODDS:
4.83
BETZ:
3.27
ODDS:
6.07%
BETZ:
5.88%
ODDS:
24.74%
BETZ:
23.43%
ODDS:
-25.73%
BETZ:
-60.82%
ODDS:
-8.64%
BETZ:
-38.21%
Returns By Period
The year-to-date returns for both investments are quite close, with ODDS having a 5.55% return and BETZ slightly higher at 5.73%.
ODDS
5.55%
4.33%
14.27%
29.09%
N/A
N/A
BETZ
5.73%
5.09%
9.58%
20.27%
N/A
N/A
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ODDS vs. BETZ - Expense Ratio Comparison
ODDS has a 0.63% expense ratio, which is lower than BETZ's 0.75% expense ratio.
Risk-Adjusted Performance
ODDS vs. BETZ — Risk-Adjusted Performance Rank
ODDS
BETZ
ODDS vs. BETZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer BlueStar Digital Entertainment ETF (ODDS) 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
ODDS vs. BETZ - Dividend Comparison
ODDS's dividend yield for the trailing twelve months is around 0.70%, less than BETZ's 0.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
ODDS Pacer BlueStar Digital Entertainment ETF | 0.70% | 0.56% | 0.66% | 0.42% | 0.00% | 0.00% |
BETZ Roundhill Sports Betting & iGaming ETF | 0.81% | 0.85% | 0.00% | 0.66% | 0.00% | 0.27% |
Drawdowns
ODDS vs. BETZ - Drawdown Comparison
The maximum ODDS drawdown since its inception was -25.73%, smaller than the maximum BETZ drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for ODDS and BETZ. For additional features, visit the drawdowns tool.
Volatility
ODDS vs. BETZ - Volatility Comparison
Pacer BlueStar Digital Entertainment ETF (ODDS) and Roundhill Sports Betting & iGaming ETF (BETZ) have volatilities of 12.38% and 12.99%, 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.