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PSCD vs. BETZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSCD vs. BETZ

Last updated Jul 14, 2026
Documentation

PSCD (Invesco S&P SmallCap Consumer Discretionary ETF) and BETZ (Roundhill Sports Betting & iGaming ETF) are both Consumer Discretionary Equities funds - PSCD tracks the S&P Small Cap 600 / Consumer Discretionary -SEC while BETZ tracks the Roundhill Sports Betting & iGaming Index. Both are passively managed. Over the past 5 years, PSCD returned 1.98%/yr vs -6.09%/yr for BETZ. A 0.63 correlation means they provide meaningful diversification when combined. PSCD charges 0.29%/yr vs 0.75%/yr for BETZ.

Performance

PSCD vs. BETZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) and Roundhill Sports Betting & iGaming ETF (BETZ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PSCD achieves a 12.29% return, which is significantly higher than BETZ's -6.53% return.

PSCD

1D
-0.23%
1M
2.34%
6M
3.15%
YTD
12.29%
1Y
12.32%
3Y*
9.02%
5Y*
1.98%
10Y*
10.08%

BETZ

1D
0.62%
1M
-2.63%
6M
-3.30%
YTD
-6.53%
1Y
-15.03%
3Y*
3.77%
5Y*
-6.09%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCD vs. BETZ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
PSCD
Invesco S&P SmallCap Consumer Discretionary ETF		12.29%-2.87%6.46%33.23%-28.06%37.34%46.54%
BETZ
Roundhill Sports Betting & iGaming ETF		-6.53%15.75%10.22%21.17%-42.02%-3.91%65.99%

Correlation

The correlation between PSCD and BETZ is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.48

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

0.57

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

0.65

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

0.63

The correlation between PSCD and BETZ shifts across timeframes, from 0.48 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.

PSCD vs. BETZ - Sectors Allocation Comparison

Sectors
PSCD
BETZ

Consumer Cyclical

87.0%
96.0%

Consumer Defensive

8.6%

-

Industrials

2.1%

-

Technology

1.6%
2.9%

Real Estate

0.6%

-

Communication Services

0.2%
1.1%

Basic Materials

-

-

Energy

-

-

Financial Services

-

0.0%

Healthcare

-

-

Utilities

-

-

Consumer Cyclical

PSCD
87.0%
BETZ
96.0%

Consumer Defensive

PSCD
8.6%
BETZ

-

Industrials

PSCD
2.1%
BETZ

-

Technology

PSCD
1.6%
BETZ
2.9%

Real Estate

PSCD
0.6%
BETZ

-

Communication Services

PSCD
0.2%
BETZ
1.1%

Basic Materials

PSCD

-

BETZ

-

Energy

PSCD

-

BETZ

-

Financial Services

PSCD

-

BETZ
0.0%

Healthcare

PSCD

-

BETZ

-

Utilities

PSCD

-

BETZ

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco S&P SmallCap Consumer Discretionary ETF

Roundhill Sports Betting & iGaming ETF

Often compared with PSCD:
PSCD vs. PSCCPSCD vs. PSCTPSCD vs. FDISPSCD vs. RTHPSCD vs. XLYPSCD vs. VCRPSCD vs. VOO
Often compared with BETZ:
BETZ vs. FDISBETZ vs. ODDSBETZ vs. MGMBETZ vs. HTECBETZ vs. SPYBETZ vs. QQQBETZ vs. BRK-B

Return for Risk

PSCD vs. BETZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSCD
PSCD Risk / Return Rank: 2020
Overall Rank
PSCD Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
PSCD Sortino Ratio Rank: 2020
Sortino Ratio Rank
PSCD Omega Ratio Rank: 1919
Omega Ratio Rank
PSCD Calmar Ratio Rank: 2020
Calmar Ratio Rank
PSCD Martin Ratio Rank: 2020
Martin Ratio Rank
BETZ
BETZ Risk / Return Rank: 44
Overall Rank
BETZ Sharpe Ratio Rank: 33
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: 55
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.

PSCD vs. BETZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) 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.

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.

PSCDBETZDifference
Sharpe ratioReturn per unit of total volatility
0.51
-0.73

+1.24

Sortino ratioReturn per unit of downside risk
0.93
-0.93

+1.86

Omega ratioGain probability vs. loss probability

1.11

0.90

+0.21

Calmar ratioReturn relative to maximum drawdown

0.72

-0.52

+1.24

Martin ratioReturn relative to average drawdown

1.78

-0.82

+2.61

PSCD vs. BETZ - Sharpe Ratio Comparison

The current PSCD Sharpe Ratio is 0.51, which is higher than the BETZ Sharpe Ratio of -0.73. The chart below compares the historical Sharpe Ratios of PSCD and BETZ, 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

PSCD vs. BETZ - Drawdown Comparison

The maximum PSCD drawdown since its inception was -56.57%, smaller than the maximum BETZ drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for PSCD and BETZ.

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Drawdown Indicators

PSCDBETZDifference

Max Drawdown

Largest peak-to-trough decline

-56.57%

-60.82%

+4.25%

Max Drawdown (1Y)

Largest decline over 1 year

-17.14%

-29.20%

+12.06%

Max Drawdown (3Y)

Largest decline over 3 years

-31.93%

-29.20%

-2.73%

Max Drawdown (5Y)

Largest decline over 5 years

-40.03%

-59.79%

+19.76%

Max Drawdown (10Y)

Largest decline over 10 years

-56.57%

—

—

Current Drawdown

Current decline from peak

-2.22%

-36.77%

+34.55%

Average Drawdown

Average peak-to-trough decline

-11.28%

-33.86%

+22.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.93%

18.27%

-11.34%

Volatility

PSCD vs. BETZ - Volatility Comparison

Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) has a higher volatility of 6.98% compared to Roundhill Sports Betting & iGaming ETF (BETZ) at 5.69%. This indicates that PSCD'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.

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Volatility by Period

PSCDBETZDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.98%

5.69%

+1.29%

Volatility (6M)

Calculated over the trailing 6-month period

16.85%

16.74%

+0.11%

Volatility (1Y)

Calculated over the trailing 1-year period

24.28%

20.76%

+3.52%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.74%

26.99%

+0.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.07%

27.88%

+1.19%

PSCD vs. BETZ - Expense Ratio Comparison

PSCD has a 0.29% expense ratio, which is lower than BETZ's 0.75% expense ratio.

Dividends

PSCD vs. BETZ - Dividend Comparison

PSCD's dividend yield for the trailing twelve months is around 1.00%, less than BETZ's 4.89% yield.

PositionTTM20252024202320222021202020192018201720162015
BETZ
Roundhill Sports Betting & iGaming ETF		4.89%4.57%0.86%0.00%0.66%0.00%0.28%0.00%0.00%0.00%0.00%0.00%
PSCD
Invesco S&P SmallCap Consumer Discretionary ETF		1.00%0.94%1.28%1.09%1.60%0.57%0.56%0.91%1.39%0.97%1.07%1.10%

Frequently Asked Questions

PSCD and BETZ have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSCD has higher volatility (6.98%) compared to BETZ (5.69%). In terms of maximum drawdown, PSCD dropped -56.57% vs BETZ's -60.82%.

On 5-year performance, PSCD leads with 1.98% vs -6.09% for BETZ. On fees, PSCD is cheaper at 0.29% per year. On volatility, BETZ has been the lower-risk option at 5.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, PSCD has performed better with a 1.98% return vs -6.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PSCD is cheaper with a 0.29% expense ratio, compared with 0.75% for BETZ.

BETZ has the higher dividend yield at 4.89%, compared with 1.00% for PSCD.

PSCD tracks S&P Small Cap 600 / Consumer Discretionary -SEC, while BETZ tracks Roundhill Sports Betting & iGaming Index. They also come from different issuers: Invesco and Roundhill Investments. Their fees differ too: 0.29% for PSCD and 0.75% for BETZ.

PSCD currently has the higher Sharpe Ratio (0.51 vs -0.73), 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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