DVOL vs. SVOL
Compare and contrast key facts about First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Simplify Volatility Premium ETF (SVOL).
DVOL and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DVOL is a passively managed fund by First Trust that tracks the performance of the Dorsey Wright Momentum Plus Low Volatility Index. It was launched on Sep 5, 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: DVOL or SVOL.
Correlation
The correlation between DVOL and SVOL is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DVOL vs. SVOL - Performance Comparison
Key characteristics
DVOL:
2.18
SVOL:
0.71
DVOL:
3.05
SVOL:
1.02
DVOL:
1.40
SVOL:
1.17
DVOL:
3.28
SVOL:
0.94
DVOL:
9.88
SVOL:
5.06
DVOL:
2.51%
SVOL:
2.03%
DVOL:
11.37%
SVOL:
14.56%
DVOL:
-38.26%
SVOL:
-15.62%
DVOL:
-2.14%
SVOL:
-0.14%
Returns By Period
The year-to-date returns for both stocks are quite close, with DVOL having a 5.05% return and SVOL slightly lower at 4.98%.
DVOL
5.05%
0.48%
11.36%
24.57%
9.20%
N/A
SVOL
4.98%
1.56%
4.24%
10.77%
N/A
N/A
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DVOL vs. SVOL - Expense Ratio Comparison
DVOL has a 0.60% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
DVOL vs. SVOL — Risk-Adjusted Performance Rank
DVOL
SVOL
DVOL vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) 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
DVOL vs. SVOL - Dividend Comparison
DVOL's dividend yield for the trailing twelve months is around 0.64%, less than SVOL's 16.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF | 0.64% | 0.67% | 1.28% | 1.38% | 0.47% | 0.60% | 1.80% | 0.39% |
SVOL Simplify Volatility Premium ETF | 16.06% | 16.79% | 16.37% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% |
Drawdowns
DVOL vs. SVOL - Drawdown Comparison
The maximum DVOL drawdown since its inception was -38.26%, which is greater than SVOL's maximum drawdown of -15.62%. Use the drawdown chart below to compare losses from any high point for DVOL and SVOL. For additional features, visit the drawdowns tool.
Volatility
DVOL vs. SVOL - Volatility Comparison
First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) and Simplify Volatility Premium ETF (SVOL) have volatilities of 2.95% and 3.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.