COMB vs. SVOL
Compare and contrast key facts about GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) and Simplify Volatility Premium ETF (SVOL).
COMB and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMB is an actively managed fund by GraniteShares. It was launched on May 22, 2017. 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: COMB or SVOL.
Performance
COMB vs. SVOL - Performance Comparison
Returns By Period
In the year-to-date period, COMB achieves a 3.40% return, which is significantly lower than SVOL's 9.01% return.
COMB
3.40%
-0.48%
-6.61%
1.28%
6.81%
N/A
SVOL
9.01%
0.96%
2.71%
11.37%
N/A
N/A
Key characteristics
| COMB | SVOL | |
|---|---|---|
| Sharpe Ratio | 0.13 | 0.97 |
| Sortino Ratio | 0.27 | 1.32 |
| Omega Ratio | 1.03 | 1.24 |
| Calmar Ratio | 0.06 | 1.07 |
| Martin Ratio | 0.30 | 6.93 |
| Ulcer Index | 5.24% | 1.67% |
| Daily Std Dev | 11.93% | 12.03% |
| Max Drawdown | -33.50% | -15.68% |
| Current Drawdown | -20.71% | -0.78% |
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COMB vs. SVOL - Expense Ratio Comparison
COMB has a 0.25% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Correlation
The correlation between COMB and SVOL is 0.21, 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
COMB vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) 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
COMB vs. SVOL - Dividend Comparison
COMB's dividend yield for the trailing twelve months is around 5.63%, less than SVOL's 16.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | 5.63% | 5.83% | 30.85% | 15.83% | 0.07% | 1.48% | 0.97% | 0.20% |
SVOL Simplify Volatility Premium ETF | 16.40% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
COMB vs. SVOL - Drawdown Comparison
The maximum COMB drawdown since its inception was -33.50%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for COMB and SVOL. For additional features, visit the drawdowns tool.
Volatility
COMB vs. SVOL - Volatility Comparison
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) has a higher volatility of 4.02% compared to Simplify Volatility Premium ETF (SVOL) at 3.58%. This indicates that COMB'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.