COW vs. SVOL
Compare and contrast key facts about iPath Series B Bloomberg Livestock Subindex Total Return ETN (COW) and Simplify Volatility Premium ETF (SVOL).
COW and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COW is a passively managed fund by Barclays Capital that tracks the performance of the Bloomberg Livestock. It was launched on Jan 17, 2018. 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: COW or SVOL.
Key characteristics
| COW | SVOL |
|---|
Correlation
The correlation between COW and SVOL is 0.37, 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
COW vs. SVOL - Performance Comparison
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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COW vs. SVOL - Expense Ratio Comparison
COW has a 0.45% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
COW vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iPath Series B Bloomberg Livestock Subindex Total Return ETN (COW) 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
COW vs. SVOL - Dividend Comparison
COW has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 16.45%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
COW iPath Series B Bloomberg Livestock Subindex Total Return ETN | 0.00% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.45% | 16.36% | 18.21% | 4.65% |
Drawdowns
COW vs. SVOL - Drawdown Comparison
Volatility
COW vs. SVOL - Volatility Comparison
The current volatility for iPath Series B Bloomberg Livestock Subindex Total Return ETN (COW) is 0.00%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 2.99%. This indicates that COW 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.