PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Simplify Opportunistic Income ETF (CRDT) Sharpe Ratio: 0.47

ETF · Currency in USD · Last updated Jun 3, 2026

CRDT is an actively managed ETF by Simplify. CRDT launched on Jun 26, 2023 and has a 0.50% expense ratio.

CRDT's Sharpe Ratio of 0.47 indicates that for each unit of volatility, it generates 0.47 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

CRDT Sharpe Ratio Rank

CRDT Sharpe Ratio Rank: 16.216
Concerning

CRDT ranks above 16.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

CRDT Sharpe Ratio Market Positioning

The chart shows CRDT's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.90 or lower
  • Yellow zone (middle 50%): 0.90 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 7.68+
  • Median: 1.76 — half of all investments score higher

How it compares to other similar ETFs

The table compares Simplify Opportunistic Income ETF's Sharpe Ratio with other ETFs in the Multisector Bonds category across multiple time periods, showing how CRDT's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SOFRAmplify Samsung SOFR ETF4.69
CARYAngel Oak Income ETF3.96
PSQOPalmer Square Credit Opportunities ETF3.84
JPIEJPMorgan Income ETF3.81
OGSPObra High Grade Structured Products ETF3.24
PSDMPGIM Short Duration Multi-Sector Bond ETF3.02
MUSETCW Multisector Credit Income ETF3.00
DMXDoubleLine Multi-Sector Income ETF2.90
FLXRTCW Flexible Income ETF2.71
BINCiShares Flexible Income Active ETF2.62
CRDTSimplify Opportunistic Income ETF0.47

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows CRDT's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when CRDT consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does CRDT fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio