BETZ vs SPY
Roundhill Sports Betting & iGaming ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BETZ or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BETZ | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $42M | $823.2B |
| Dividend Yield | 5.87% | 0.99% |
| Holdings | 27 | 1,515 |
| YTD Return | -22.32% | +13.53%Best |
| 1Y Return | -25.19% | +17.47%Best |
| 3Y Return (annualized) | +3.60% | +22.36%Best |
| 5Y Return (annualized) | -10.83% | +13.21%Best |
| Volatility (annualized) | 29.1% | 15.4%Best |
| Max Drawdown | -60.8% | -24.5%Best |
| $10,000 over 5 years | $5,638 | $18,596Best |
| Fund Family | Roundhill Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Dec 31, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2020 to Oct 14, 2026 (6.4 years).
BETZ vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.4 years both funds cover.
BETZ vs SPY Performance
Roundhill Sports Betting & iGaming ETF (BETZ) is an ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BETZ returned -25.19% while SPY returned +17.47%. Year to date, BETZ is down 22.32% versus a gain of 13.53% for SPY.
Over three years, BETZ compounded at +3.60% per year against +22.36% for SPY; over five years the annualized figures are -10.83% and +13.21% respectively. Across the full 6-year window we track, SPY has the edge at +16.69% annualized vs +0.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BETZ has been the more volatile fund, with annualized monthly volatility of 29.1% compared with 15.4% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -60.8% for BETZ and -24.5% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BETZ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, BETZ currently yields 5.87% against 0.99% for SPY.
Holdings Overlap
We hold position weights for 16 holdings in BETZ and 504 in SPY, totalling 123.4% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 16 positions we hold weights for in BETZ and 504 in SPY, against full books of 27 and 1,515.
You are not choosing between two funds in isolation.
Whichever of BETZ and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BETZ or SPY?
BETZ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, BETZ or SPY?
Over the past year BETZ returned -25.19% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), BETZ annualized +0.95% vs +16.69% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BETZ or SPY?
BETZ has been the more volatile fund at 29.1% annualized versus 15.4% for SPY. Worst drawdown: BETZ -60.8% vs SPY -24.5%.
Should I hold both BETZ and SPY?
BETZ and SPY have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BETZ or SPY?
BETZ yields 5.87% while SPY yields 0.99%, so BETZ currently pays the higher dividend yield.
Is SPY better than BETZ?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.