AIYY vs. SVOL
Compare and contrast key facts about YieldMax AI Option Income Strategy ETF (AIYY) and Simplify Volatility Premium ETF (SVOL).
AIYY and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIYY is an actively managed fund by YieldMax. It was launched on Nov 27, 2023. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIYY or SVOL.
Correlation
The correlation between AIYY and SVOL is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AIYY vs. SVOL - Performance Comparison
Key characteristics
AIYY:
-0.47
SVOL:
-0.45
AIYY:
-0.41
SVOL:
-0.47
AIYY:
0.95
SVOL:
0.92
AIYY:
-0.43
SVOL:
-0.45
AIYY:
-0.93
SVOL:
-1.77
AIYY:
25.02%
SVOL:
8.43%
AIYY:
49.82%
SVOL:
33.34%
AIYY:
-53.61%
SVOL:
-33.50%
AIYY:
-43.31%
SVOL:
-20.69%
Returns By Period
In the year-to-date period, AIYY achieves a -28.80% return, which is significantly lower than SVOL's -16.62% return.
AIYY
-28.80%
22.21%
-21.04%
-23.44%
N/A
N/A
SVOL
-16.62%
19.27%
-18.48%
-15.08%
N/A
N/A
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AIYY vs. SVOL - Expense Ratio Comparison
AIYY has a 0.99% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
AIYY vs. SVOL — Risk-Adjusted Performance Rank
AIYY
SVOL
AIYY vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AI Option Income Strategy ETF (AIYY) and Simplify Volatility Premium ETF (SVOL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AIYY vs. SVOL - Dividend Comparison
AIYY's dividend yield for the trailing twelve months is around 132.22%, more than SVOL's 20.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
AIYY YieldMax AI Option Income Strategy ETF | 132.22% | 98.26% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 20.56% | 16.79% | 16.37% | 18.32% | 4.65% |
Drawdowns
AIYY vs. SVOL - Drawdown Comparison
The maximum AIYY drawdown since its inception was -53.61%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for AIYY and SVOL. For additional features, visit the drawdowns tool.
Volatility
AIYY vs. SVOL - Volatility Comparison
The current volatility for YieldMax AI Option Income Strategy ETF (AIYY) is 15.00%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 23.61%. This indicates that AIYY experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.