CRDT vs. VGMS

Last updated Apr 2, 2026

Compare and contrast key facts about Simplify Opportunistic Income ETF (CRDT) and Vanguard Multi-Sector Income Bond ETF (VGMS).

CRDT and VGMS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRDT is an actively managed fund by Simplify. It was launched on Jun 26, 2023. VGMS is an actively managed fund by Vanguard. It was launched on Jun 9, 2025.

Performance

CRDT vs. VGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Opportunistic Income ETF (CRDT) and Vanguard Multi-Sector Income Bond ETF (VGMS). The values are adjusted to include any dividend payments, if applicable.

CRDT vs. VGMS - Yearly Performance Comparison

	2026 (YTD)	2025
CRDT Simplify Opportunistic Income ETF	-2.25%	-0.59%
VGMS Vanguard Multi-Sector Income Bond ETF	-0.07%	5.44%

Returns By Period

In the year-to-date period, CRDT achieves a -2.25% return, which is significantly lower than VGMS's -0.07% return.

CRDT

• 1D: -0.29%
• 1M: -2.87%
• YTD: -2.25%
• 6M: -2.52%
• 1Y: -5.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGMS

• 1D: 0.21%
• 1M: -1.14%
• YTD: -0.07%
• 6M: 1.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CRDT vs. VGMS - Expense Ratio Comparison

CRDT has a 0.50% expense ratio, which is higher than VGMS's 0.30% expense ratio.

CRDT

Simplify Opportunistic Income ETF

VGMS

Vanguard Multi-Sector Income Bond ETF

Return for Risk

CRDT vs. VGMS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRDT

CRDT Risk / Return Rank: 2
CRDT Sharpe Ratio Rank: 2
CRDT Sortino Ratio Rank: 2
CRDT Omega Ratio Rank: 2
CRDT Calmar Ratio Rank: 2
CRDT Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRDT vs. VGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Opportunistic Income ETF (CRDT) and Vanguard Multi-Sector Income Bond ETF (VGMS). 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.

	CRDT	VGMS	Difference
Sharpe ratio Return per unit of total volatility	-0.69	—	—
Sortino ratio Return per unit of downside risk	-0.86	—	—
Omega ratio Gain probability vs. loss probability	0.88	—	—
Calmar ratio Return relative to maximum drawdown	-0.68	—	—
Martin ratio Return relative to average drawdown	-1.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CRDT	VGMS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	2.16	-1.77

Correlation

The correlation between CRDT and VGMS is 0.39, 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.

Dividends

CRDT vs. VGMS - Dividend Comparison

CRDT's dividend yield for the trailing twelve months is around 6.90%, more than VGMS's 4.29% yield.

	TTM	2025	2024	2023
CRDT Simplify Opportunistic Income ETF	6.90%	7.04%	7.29%	2.59%
VGMS Vanguard Multi-Sector Income Bond ETF	4.29%	2.94%	0.00%	0.00%

Drawdowns

CRDT vs. VGMS - Drawdown Comparison

The maximum CRDT drawdown since its inception was -9.80%, which is greater than VGMS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for CRDT and VGMS.

Drawdown Indicators

	CRDT	VGMS	Difference
Max Drawdown Largest peak-to-trough decline	-9.80%	-2.46%	-7.34%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	—	—
Current Drawdown Current decline from peak	-7.24%	-1.30%	-5.94%
Average Drawdown Average peak-to-trough decline	-2.21%	-0.28%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.24%	—	—

Volatility

Volatility by Period

	CRDT	VGMS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.61%	3.12%	+5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.66%	3.12%	+3.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.66%	3.12%	+3.54%