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Simplify Propel Opportunities ETF (SURI)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US82889N6242
Issuer
Simplify
Inception Date
Feb 7, 2023
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify Propel Opportunities ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Simplify Propel Opportunities ETF (SURI) has returned -2.66% so far this year and 19.80% over the past 12 months.


Simplify Propel Opportunities ETF

1D
2.27%
1M
-6.14%
YTD
-2.66%
6M
8.30%
1Y
19.80%
3Y*
7.84%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 8, 2023, SURI's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, your investment would double in approximately 11.6 years.

Historically, 50% of months were positive and 50% were negative. The best month was Feb 2024 with a return of +24.1%, while the worst month was Dec 2024 at -17.3%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SURI closed higher 51% of trading days. The best single day was Sep 18, 2024 with a return of +9.2%, while the worst single day was Nov 29, 2024 at -17.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.79%4.54%-6.14%-2.66%
202516.02%-6.46%-3.93%-4.72%-0.38%10.90%-2.39%7.80%-0.12%10.22%5.12%-3.98%28.32%
20241.67%24.09%0.43%-14.92%3.11%4.34%9.73%0.59%0.97%-2.46%-16.94%-17.25%-13.34%
2023-3.13%-13.46%12.01%-3.14%6.07%0.65%-2.51%-3.45%-7.81%5.64%9.10%-2.87%

Benchmark Metrics

Simplify Propel Opportunities ETF has an annualized alpha of -6.70%, beta of 0.80, and R² of 0.17 versus S&P 500 Index. Calculated based on daily prices since February 09, 2023.

  • This ETF participated in 184.61% of S&P 500 Index downside but only 100.95% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.17 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
-6.70%
Beta
0.80
0.17
Upside Capture
100.95%
Downside Capture
184.61%

Expense Ratio

SURI has a high expense ratio of 2.51%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

SURI ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


SURI Risk / Return Rank: 3838
Overall Rank
SURI Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
SURI Sortino Ratio Rank: 4040
Sortino Ratio Rank
SURI Omega Ratio Rank: 3535
Omega Ratio Rank
SURI Calmar Ratio Rank: 3838
Calmar Ratio Rank
SURI Martin Ratio Rank: 3636
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) and compare them to a chosen benchmark (S&P 500 Index).


SURIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.76

0.90

-0.14

Sortino ratio

Return per unit of downside risk

1.19

1.39

-0.20

Omega ratio

Gain probability vs. loss probability

1.15

1.21

-0.06

Calmar ratio

Return relative to maximum drawdown

0.99

1.40

-0.41

Martin ratio

Return relative to average drawdown

3.33

6.61

-3.28

Explore SURI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Simplify Propel Opportunities ETF provided a 17.49% dividend yield over the last twelve months, with an annual payout of $2.72 per share.


15.00%16.00%17.00%18.00%19.00%20.00%21.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.50202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$2.72$2.72$3.29$3.04

Dividend yield

17.49%16.31%21.41%14.71%

Monthly Dividends

The table displays the monthly dividend distributions for Simplify Propel Opportunities ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.68$0.68
2025$0.00$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.68$2.72
2024$0.00$0.00$0.68$0.00$0.00$1.25$0.00$0.00$0.68$0.00$0.00$0.68$3.29
2023$1.00$0.00$0.00$0.68$0.00$0.00$0.68$0.00$0.00$0.68$3.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Simplify Propel Opportunities ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Simplify Propel Opportunities ETF was 47.76%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Simplify Propel Opportunities ETF drawdown is 24.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-47.76%Nov 8, 2024102Apr 8, 2025
-19.44%Feb 16, 2023176Oct 27, 202372Feb 12, 2024248
-16.81%Mar 4, 202438Apr 25, 202454Jul 15, 202492
-12.52%Jul 17, 202441Sep 12, 202436Nov 1, 202477
-2.96%Feb 13, 20241Feb 13, 20242Feb 15, 20243

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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