EQLS vs. WTIP

Last updated Apr 1, 2026

Compare and contrast key facts about Simplify Market Neutral Equity Long/Short ETF (EQLS) and WisdomTree Inflation Plus Fund (WTIP).

EQLS and WTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EQLS is an actively managed fund by Simplify. It was launched on Jun 13, 2023. WTIP is an actively managed fund by WisdomTree. It was launched on Jun 18, 2025.

Performance

EQLS vs. WTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Market Neutral Equity Long/Short ETF (EQLS) and WisdomTree Inflation Plus Fund (WTIP). The values are adjusted to include any dividend payments, if applicable.

EQLS vs. WTIP - Yearly Performance Comparison

	2026 (YTD)	2025
EQLS Simplify Market Neutral Equity Long/Short ETF	0.00%	0.00%
WTIP WisdomTree Inflation Plus Fund	12.54%	14.00%

Returns By Period

EQLS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WTIP

• 1D: 0.44%
• 1M: 5.96%
• YTD: 12.54%
• 6M: 20.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EQLS vs. WTIP - Expense Ratio Comparison

EQLS has a 1.00% expense ratio, which is higher than WTIP's 0.65% expense ratio.

EQLS

Simplify Market Neutral Equity Long/Short ETF

WTIP

WisdomTree Inflation Plus Fund

Return for Risk

EQLS vs. WTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Market Neutral Equity Long/Short ETF (EQLS) and WisdomTree Inflation Plus Fund (WTIP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EQLS	WTIP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.53	—

Dividends

EQLS vs. WTIP - Dividend Comparison

EQLS has not paid dividends to shareholders, while WTIP's dividend yield for the trailing twelve months is around 1.46%.

	TTM	2025	2024	2023
EQLS Simplify Market Neutral Equity Long/Short ETF	0.00%	0.45%	0.95%	8.50%
WTIP WisdomTree Inflation Plus Fund	1.46%	1.59%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	EQLS	WTIP	Difference
Max Drawdown Largest peak-to-trough decline	—	-7.45%	—
Current Drawdown Current decline from peak	—	-1.72%	—
Average Drawdown Average peak-to-trough decline	—	-1.32%	—

Volatility

Volatility by Period

	EQLS	WTIP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	14.97%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.97%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.97%	—