Honeytree U.S. Equity ETF (BEEZ) Performance
BEEZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.5% since Dec 31, 2025
- 1 year
- +6.9% total return
- Since first price
- +46.0% since 2023
BEEZ trailing returns vs SPY, QQQ, AGG
| Period | BEEZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +4.4% | +4.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.8% | +8.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.6% | +8.6% | +7.8% | +8.4% | −1.5% |
| YTD | +9.5% | +9.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.9% | +6.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionNov 8, 2023 | +46.0% | +44.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BEEZ vs SPY
From Nov 8, 2023: BEEZ grew to $14,598, SPY to $18,022.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BEEZ returns by calendar year
2 of 2 full years positive. Best 2024 (+10.4%), worst 2025 (+5.6%). 2026 is year to date.
BEEZ annual returns table
| Year | BEEZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.5% | −8.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.6% | −17.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.4% | −8.2% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BEEZ largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 4, 2024 | −18.6% | Apr 8, 2025 | Aug 13, 2025 | 4 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BEEZ risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +9.8% |
| Volatility (annualized) | 11.9% |
| Sharpe ratio | 0.49 |
| Sortino ratio | 0.71 |
| Best month | +7.4% |
| Worst month | −6.7% |
| Best 12 months | +26.3% |
| Worst 12 months | −0.3% |
| Positive months | 68% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BEEZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 24 | −0.3% | +6.0% | +26.3% | 92% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BEEZ performance overview
Honeytree U.S. Equity ETF (BEEZ) returned +6.9% over the past year, with distributions reinvested. Since its first recorded price on Nov 8, 2023 it has returned +46.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.6%, from Dec 4, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 11.9% a year.
Related: BEEZ chart, BEEZ holdings, BEEZ dividends, BEEZ valuation. See the BEEZ overview for the latest quote and fund facts.
BEEZ performance FAQ
What is the BEEZ return over the past year?
BEEZ returned +6.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.4%.
How much would $10,000 invested in BEEZ be worth?
$10,000 invested in BEEZ at its first recorded close on November 8, 2023 would be worth about $14,598 on October 23, 2026 with distributions reinvested.
What was the worst year for BEEZ?
The worst calendar year was 2025, with a total return of +5.6%. The best was 2024 at +10.4%.
What is the biggest drawdown of BEEZ?
The largest peak-to-trough decline was −18.6% between December 4, 2024 and April 8, 2025. It recovered to the old high on August 13, 2025, 4 months after the bottom.
How volatile is BEEZ?
Over the past history BEEZ had an annualized volatility of 11.9% and a Sharpe ratio of 0.49 (excess return over 1–3 month T-bills per unit of risk).