TOPW vs. BETZ

Last updated Apr 9, 2026

TOPW (Roundhill Top WeeklyPay ETF) and BETZ (Roundhill Sports Betting & iGaming ETF) are both exchange-traded funds — TOPW is a Derivative Income fund tracking the Solactive Roundhill WeeklyPay Universe Index, while BETZ is a Consumer Discretionary Equities fund tracking the Roundhill Sports Betting & iGaming Index. Both are passively managed. At 0.43, their price movements are largely independent. TOPW charges 0.99%/yr vs 0.75%/yr for BETZ.

Performance

TOPW vs. BETZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Top WeeklyPay ETF (TOPW) and Roundhill Sports Betting & iGaming ETF (BETZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOPW achieves a -7.21% return, which is significantly higher than BETZ's -10.27% return.

TOPW

• 1D: 2.90%
• 1M: -0.70%
• YTD: -7.21%
• 6M: -21.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BETZ

• 1D: 3.03%
• 1M: 2.42%
• YTD: -10.27%
• 6M: -13.70%
• 1Y: 11.70%
• 3Y*: 7.34%
• 5Y*: -9.25%
• 10Y*: —

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

TOPW vs. BETZ - Yearly Performance Comparison

	2026 (YTD)	2025
TOPW Roundhill Top WeeklyPay ETF	-7.21%	-2.47%
BETZ Roundhill Sports Betting & iGaming ETF	-10.27%	-11.54%

Correlation

The correlation between TOPW and BETZ is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 5, 2025	0.43

TOPW vs. BETZ - Expense Ratio Comparison

TOPW has a 0.99% expense ratio, which is higher than BETZ's 0.75% expense ratio.

Return for Risk

TOPW vs. BETZ — Risk / Return Rank

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

BETZ

BETZ Risk / Return Rank: 14
BETZ Sharpe Ratio Rank: 15
BETZ Sortino Ratio Rank: 15
BETZ Omega Ratio Rank: 14
BETZ Calmar Ratio Rank: 14
BETZ Martin Ratio Rank: 13

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.

TOPW vs. BETZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Top WeeklyPay ETF (TOPW) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TOPW	BETZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	0.13	-0.67

Drawdowns

TOPW vs. BETZ - Drawdown Comparison

The maximum TOPW drawdown since its inception was -29.87%, smaller than the maximum BETZ drawdown of -60.82%. Use the drawdown chart below to compare losses from any high point for TOPW and BETZ.

Drawdown Indicators

	TOPW	BETZ	Difference
Max Drawdown Largest peak-to-trough decline	-29.87%	-60.82%	+30.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.20%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-60.82%	—
Current Drawdown Current decline from peak	-22.48%	-39.30%	+16.82%
Average Drawdown Average peak-to-trough decline	-13.05%	-33.67%	+20.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.45%	—

Volatility

Volatility by Period

	TOPW	BETZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.26%	22.17%	+7.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.26%	27.28%	+1.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.26%	28.12%	+1.14%

Dividends

TOPW vs. BETZ - Dividend Comparison

TOPW's dividend yield for the trailing twelve months is around 37.61%, more than BETZ's 5.10% yield.

	TTM	2025	2024	2023	2022	2021	2020
TOPW Roundhill Top WeeklyPay ETF	37.61%	21.52%	0.00%	0.00%	0.00%	0.00%	0.00%
BETZ Roundhill Sports Betting & iGaming ETF	5.10%	4.57%	0.86%	0.00%	0.66%	0.00%	0.28%