PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SURI vs. ARDC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SURI vs. ARDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Propel Opportunities ETF (SURI) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
16.33%
41.06%
SURI
ARDC

Returns By Period

In the year-to-date period, SURI achieves a 19.77% return, which is significantly higher than ARDC's 18.47% return.


SURI

YTD

19.77%

1M

-7.52%

6M

6.01%

1Y

38.05%

5Y (annualized)

N/A

10Y (annualized)

N/A

ARDC

YTD

18.47%

1M

-0.61%

6M

7.91%

1Y

30.61%

5Y (annualized)

9.95%

10Y (annualized)

8.38%

Key characteristics


SURIARDC
Sharpe Ratio1.232.58
Sortino Ratio1.873.59
Omega Ratio1.221.49
Calmar Ratio2.104.26
Martin Ratio4.9121.20
Ulcer Index7.24%1.39%
Daily Std Dev28.95%11.44%
Max Drawdown-19.43%-45.40%
Current Drawdown-16.21%-1.71%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.2

The correlation between SURI and ARDC is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

SURI vs. ARDC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC). 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.


Sharpe ratio
The chart of Sharpe ratio for SURI, currently valued at 1.23, compared to the broader market0.002.004.006.001.232.58
The chart of Sortino ratio for SURI, currently valued at 1.87, compared to the broader market-2.000.002.004.006.008.0010.0012.001.873.59
The chart of Omega ratio for SURI, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.49
The chart of Calmar ratio for SURI, currently valued at 2.10, compared to the broader market0.005.0010.0015.002.107.22
The chart of Martin ratio for SURI, currently valued at 4.91, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.9121.20
SURI
ARDC

The current SURI Sharpe Ratio is 1.23, which is lower than the ARDC Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of SURI and ARDC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
1.23
2.58
SURI
ARDC

Dividends

SURI vs. ARDC - Dividend Comparison

SURI's dividend yield for the trailing twelve months is around 14.85%, more than ARDC's 8.64% yield.


TTM20232022202120202019201820172016201520142013
SURI
Simplify Propel Opportunities ETF
14.85%14.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARDC
Ares Dynamic Credit Allocation Fund, Inc.
8.64%9.90%10.36%7.20%8.44%8.44%9.39%7.60%8.47%10.51%8.87%7.81%

Drawdowns

SURI vs. ARDC - Drawdown Comparison

The maximum SURI drawdown since its inception was -19.43%, smaller than the maximum ARDC drawdown of -45.40%. Use the drawdown chart below to compare losses from any high point for SURI and ARDC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-16.21%
-1.71%
SURI
ARDC

Volatility

SURI vs. ARDC - Volatility Comparison

Simplify Propel Opportunities ETF (SURI) has a higher volatility of 11.07% compared to Ares Dynamic Credit Allocation Fund, Inc. (ARDC) at 2.54%. This indicates that SURI's price experiences larger fluctuations and is considered to be riskier than ARDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
11.07%
2.54%
SURI
ARDC