DYLD vs. SVOL
Compare and contrast key facts about LeaderShares Dynamic Yield ETF (DYLD) and Simplify Volatility Premium ETF (SVOL).
DYLD and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DYLD is an actively managed fund by LeaderShares. It was launched on Jun 28, 2021. 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: DYLD or SVOL.
Key characteristics
| DYLD | SVOL | |
|---|---|---|
| YTD Return | 4.39% | 8.54% |
| 1Y Return | 8.85% | 12.94% |
| 3Y Return (Ann) | -0.55% | 10.24% |
| Sharpe Ratio | 2.19 | 1.07 |
| Daily Std Dev | 3.93% | 11.90% |
| Max Drawdown | -15.03% | -15.68% |
| Current Drawdown | -2.09% | -1.11% |
Correlation
The correlation between DYLD and SVOL is 0.23, 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
DYLD vs. SVOL - Performance Comparison
In the year-to-date period, DYLD achieves a 4.39% return, which is significantly lower than SVOL's 8.54% return. 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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DYLD vs. SVOL - Expense Ratio Comparison
DYLD has a 0.75% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
DYLD vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for LeaderShares Dynamic Yield ETF (DYLD) 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
DYLD vs. SVOL - Dividend Comparison
DYLD's dividend yield for the trailing twelve months is around 4.16%, less than SVOL's 16.23% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
DYLD LeaderShares Dynamic Yield ETF | 4.16% | 3.43% | 1.54% | 1.02% |
SVOL Simplify Volatility Premium ETF | 16.23% | 16.36% | 18.21% | 4.65% |
Drawdowns
DYLD vs. SVOL - Drawdown Comparison
The maximum DYLD drawdown since its inception was -15.03%, roughly equal to the maximum SVOL drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for DYLD and SVOL. For additional features, visit the drawdowns tool.
Volatility
DYLD vs. SVOL - Volatility Comparison
The current volatility for LeaderShares Dynamic Yield ETF (DYLD) is 0.63%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.66%. This indicates that DYLD 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.