DIV vs. HIGH

Last updated Jun 4, 2026

DIV (Global X SuperDividend U.S. ETF) and HIGH (Simplify Enhanced Income ETF) are both exchange-traded funds - DIV is a Dividend fund tracking the Indxx SuperDividend® U.S. Low Volatility Index, while HIGH is a Derivative Income fund actively managed by Simplify. DIV is passively managed, while HIGH is actively managed. Over the past 3 years, DIV returned 11.72%/yr vs 3.02%/yr for HIGH. At a 0.16 correlation, their price movements are largely independent. DIV charges 0.45%/yr vs 0.51%/yr for HIGH.

Performance

DIV vs. HIGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X SuperDividend U.S. ETF (DIV) and Simplify Enhanced Income ETF (HIGH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIV achieves a 11.63% return, which is significantly higher than HIGH's -0.38% return.

DIV

• 1D: -1.38%
• 1M: -1.56%
• YTD: 11.63%
• 6M: 10.20%
• 1Y: 14.38%
• 3Y*: 11.72%
• 5Y*: 5.02%
• 10Y*: 3.95%

HIGH

• 1D: -0.32%
• 1M: 1.63%
• YTD: -0.38%
• 6M: -1.48%
• 1Y: -3.46%
• 3Y*: 3.02%
• 5Y*: —
• 10Y*: —

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

DIV vs. HIGH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIV Global X SuperDividend U.S. ETF	11.63%	3.10%	11.27%	-1.73%	-0.51%
HIGH Simplify Enhanced Income ETF	-0.38%	4.35%	1.52%	7.70%	0.27%

Correlation

The correlation between DIV and HIGH is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (All Time) Calculated using the full available price history since Oct 31, 2022	0.16

DIV vs. HIGH - Sectors Allocation Comparison

Sectors	DIV	HIGH
Energy	21.5%	-
Real Estate	19.8%	-
Consumer Defensive	13.4%	-
Utilities	12.0%	-
Industrials	11.5%	-
Communication Services	6.3%	-
Basic Materials	4.6%	-
Financial Services	3.9%	71.3%
Healthcare	3.6%	-
Consumer Cyclical	3.5%	-
Technology	-	-

Return for Risk

DIV vs. HIGH — Risk / Return Rank

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

DIV

DIV Risk / Return Rank: 42
DIV Sharpe Ratio Rank: 38
DIV Sortino Ratio Rank: 38
DIV Omega Ratio Rank: 35
DIV Calmar Ratio Rank: 55
DIV Martin Ratio Rank: 46

HIGH

HIGH Risk / Return Rank: 5
HIGH Sharpe Ratio Rank: 5
HIGH Sortino Ratio Rank: 4
HIGH Omega Ratio Rank: 4
HIGH Calmar Ratio Rank: 5
HIGH Martin Ratio Rank: 6

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.

DIV vs. HIGH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X SuperDividend U.S. ETF (DIV) and Simplify Enhanced Income ETF (HIGH). 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.

	DIV	HIGH	Difference
Sharpe ratio: Return per unit of total volatility	1.40	-0.39	+1.79
Sortino ratio: Return per unit of downside risk	2.02	-0.51	+2.53
Omega ratio: Gain probability vs. loss probability	1.24	0.94	+0.30
Calmar ratio: Return relative to maximum drawdown	2.76	-0.37	+3.13
Martin ratio: Return relative to average drawdown	7.79	-0.53	+8.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIV vs. HIGH - Sharpe Ratio Comparison

The current DIV Sharpe Ratio is 1.40, which is higher than the HIGH Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of DIV and HIGH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIV	HIGH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	-0.39	+1.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.39	-0.12

Drawdowns

DIV vs. HIGH - Drawdown Comparison

The maximum DIV drawdown since its inception was -52.74%, which is greater than HIGH's maximum drawdown of -9.50%. Use the drawdown chart below to compare losses from any high point for DIV and HIGH.

Drawdown Indicators

	DIV	HIGH	Difference
Max Drawdown Largest peak-to-trough decline	-52.74%	-9.50%	-43.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.23%	-9.50%	+4.27%
Max Drawdown (3Y) Largest decline over 3 years	-12.33%	-9.50%	-2.83%
Max Drawdown (5Y) Largest decline over 5 years	-21.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.74%	—	—
Current Drawdown Current decline from peak	-3.20%	-7.11%	+3.91%
Average Drawdown Average peak-to-trough decline	-7.03%	-2.37%	-4.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	6.53%	-4.68%

Volatility

DIV vs. HIGH - Volatility Comparison

Global X SuperDividend U.S. ETF (DIV) has a higher volatility of 3.18% compared to Simplify Enhanced Income ETF (HIGH) at 1.23%. This indicates that DIV's price experiences larger fluctuations and is considered to be riskier than HIGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIV	HIGH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	1.23%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	7.11%	3.50%	+3.61%
Volatility (1Y) Calculated over the trailing 1-year period	10.36%	8.83%	+1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	9.56%	+4.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.98%	9.56%	+8.42%

DIV vs. HIGH - Expense Ratio Comparison

DIV has a 0.45% expense ratio, which is lower than HIGH's 0.51% expense ratio.

Dividends

DIV vs. HIGH - Dividend Comparison

DIV's dividend yield for the trailing twelve months is around 7.36%, which matches HIGH's 7.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIV Global X SuperDividend U.S. ETF	7.36%	7.30%	5.74%	7.13%	6.62%	5.24%	8.01%	7.65%	7.08%	5.92%	6.78%	8.44%
HIGH Simplify Enhanced Income ETF	7.33%	7.71%	8.34%	9.40%	0.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIV and HIGH in my portfolio?

DIV and HIGH have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIV or HIGH?

DIV has higher volatility (3.18%) compared to HIGH (1.23%). In terms of maximum drawdown, DIV dropped -52.74% vs HIGH's -9.50%.

Which ETF is better, DIV or HIGH?

On 3-year performance, DIV leads with 11.72% vs 3.02% for HIGH. On fees, DIV is cheaper at 0.45% per year. On volatility, HIGH has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIV or HIGH?

Over the 3-year period, DIV has performed better with a 11.72% return vs 3.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIV or HIGH?

DIV is cheaper with a 0.45% expense ratio, compared with 0.51% for HIGH.

Which ETF pays a higher dividend yield, DIV or HIGH?

DIV has the higher dividend yield at 7.36%, compared with 7.33% for HIGH.

What is the main difference between DIV and HIGH?

DIV is categorized as Dividend, while HIGH is Derivative Income. They also come from different issuers: Global X and Simplify. Their fees differ too: 0.45% for DIV and 0.51% for HIGH.

Which has better risk-adjusted returns?

DIV currently has the higher Sharpe Ratio (1.40 vs -0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.