APLY vs. SVOL
Compare and contrast key facts about YieldMax AAPL Option Income Strategy ETF (APLY) and Simplify Volatility Premium ETF (SVOL).
APLY and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. APLY is an actively managed fund by YieldMax. It was launched on Apr 17, 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: APLY or SVOL.
Key characteristics
| APLY | SVOL | |
|---|---|---|
| YTD Return | 10.13% | 9.76% |
| 1Y Return | 15.46% | 13.27% |
| Sharpe Ratio | 0.90 | 1.15 |
| Sortino Ratio | 1.30 | 1.54 |
| Omega Ratio | 1.18 | 1.28 |
| Calmar Ratio | 1.07 | 1.25 |
| Martin Ratio | 3.04 | 8.18 |
| Ulcer Index | 5.01% | 1.67% |
| Daily Std Dev | 16.88% | 11.96% |
| Max Drawdown | -15.85% | -15.68% |
| Current Drawdown | -2.90% | 0.00% |
Correlation
The correlation between APLY and SVOL is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
APLY vs. SVOL - Performance Comparison
The year-to-date returns for both stocks are quite close, with APLY having a 10.13% return and SVOL slightly lower at 9.76%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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APLY vs. SVOL - Expense Ratio Comparison
APLY has a 0.99% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
APLY vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax AAPL Option Income Strategy ETF (APLY) 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
APLY vs. SVOL - Dividend Comparison
APLY's dividend yield for the trailing twelve months is around 24.10%, more than SVOL's 16.28% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
APLY YieldMax AAPL Option Income Strategy ETF | 24.10% | 14.36% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.28% | 16.37% | 18.31% | 4.65% |
Drawdowns
APLY vs. SVOL - Drawdown Comparison
The maximum APLY drawdown since its inception was -15.85%, roughly equal to the maximum SVOL drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for APLY and SVOL. For additional features, visit the drawdowns tool.
Volatility
APLY vs. SVOL - Volatility Comparison
YieldMax AAPL Option Income Strategy ETF (APLY) has a higher volatility of 4.28% compared to Simplify Volatility Premium ETF (SVOL) at 3.40%. This indicates that APLY's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.