BETZ vs QQQ
Roundhill Sports Betting & iGaming ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | BETZ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $50M | $496.3B | |
| Dividend Yield | 5.01% | 0.44% | |
| Holdings | 27 | 108 | |
| YTD Return | -6.57% | +17.89% | |
| 1Y Return | -19.07% | +26.35% | |
| 3Y Return (annualized) | +5.83% | +26.02% | |
| 5Y Return (annualized) | -8.05% | +14.59% | |
| Volatility (annualized) | 28.7% | 30.6% | |
| Max Drawdown | -60.8% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 31, 2023 | Mar 10, 1999 |
BETZ vs QQQ Performance
Roundhill Sports Betting & iGaming ETF (BETZ) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BETZ returned -19.07% while QQQ returned +26.35%. Year to date, BETZ is down 6.57% versus a gain of 17.89% for QQQ.
Over three years, BETZ compounded at +5.83% per year against +26.02% for QQQ; over five years the annualized figures are -8.05% and +14.59% respectively. Across the full 6-year window we track, QQQ has the edge at +13.07% annualized vs +4.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 28.7% for BETZ. 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 -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BETZ charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, BETZ currently yields 5.01% against 0.44% for QQQ.
Holdings Overlap
BETZ and QQQ share 0 holdings out of 126 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BETZ or QQQ?
BETZ has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, BETZ or QQQ?
Over the past year BETZ returned -19.07% vs +26.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), BETZ annualized +4.01% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, BETZ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 28.7% for BETZ. Worst drawdown: BETZ -60.8% vs QQQ -83.0%.
Should I hold both BETZ and QQQ?
BETZ and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BETZ and QQQ?
BETZ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, BETZ or QQQ?
BETZ yields 5.01% while QQQ yields 0.44%, so BETZ currently pays the higher dividend yield.
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