CIX vs. SVOL
Compare and contrast key facts about CompX International Inc. (CIX) and Simplify Volatility Premium ETF (SVOL).
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: CIX or SVOL.
Key characteristics
| CIX | SVOL | |
|---|---|---|
| YTD Return | 20.66% | 3.36% |
| 1Y Return | 66.92% | 21.00% |
| Sharpe Ratio | 1.00 | 2.83 |
| Daily Std Dev | 68.77% | 7.19% |
| Max Drawdown | -79.33% | -15.69% |
| Current Drawdown | -20.32% | -0.30% |
Correlation
The correlation between CIX and SVOL is 0.17, 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.
Performance
CIX vs. SVOL - Performance Comparison
In the year-to-date period, CIX achieves a 20.66% return, which is significantly higher than SVOL's 3.36% return. 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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Risk-Adjusted Performance
CIX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CompX International Inc. (CIX) 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
CIX vs. SVOL - Dividend Comparison
CIX's dividend yield for the trailing twelve months is around 3.48%, less than SVOL's 16.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIX CompX International Inc. | 3.48% | 3.96% | 14.88% | 3.56% | 2.63% | 1.80% | 1.38% | 1.41% | 1.16% | 1.64% | 1.55% | 1.83% |
SVOL Simplify Volatility Premium ETF | 16.34% | 16.36% | 18.21% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CIX vs. SVOL - Drawdown Comparison
The maximum CIX drawdown since its inception was -79.33%, which is greater than SVOL's maximum drawdown of -15.69%. Use the drawdown chart below to compare losses from any high point for CIX and SVOL. For additional features, visit the drawdowns tool.
Volatility
CIX vs. SVOL - Volatility Comparison
CompX International Inc. (CIX) has a higher volatility of 16.23% compared to Simplify Volatility Premium ETF (SVOL) at 3.08%. This indicates that CIX'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.