FDIV vs. HIGH
FDIV (MarketDesk Focused U.S. Dividend ETF) and HIGH (Simplify Enhanced Income ETF) are both exchange-traded funds - FDIV is a Dividend fund actively managed by MarketDesk, while HIGH is a Derivative Income fund actively managed by Simplify. Both are actively managed. Over the past 3 years, FDIV returned -10.77%/yr vs 3.48%/yr for HIGH. Their 0.22 correlation means their historical movements had little consistent relationship. FDIV charges 0.35%/yr vs 0.50%/yr for HIGH.
Performance
FDIV vs. HIGH - Performance Comparison
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Returns By Period
In the year-to-date period, FDIV achieves a 5.02% return, which is significantly higher than HIGH's 1.90% return.
FDIV
- 1D
- -0.08%
- 1M
- 0.02%
- 6M
- -0.02%
- YTD
- 5.02%
- 1Y
- 10.10%
- 3Y*
- -10.77%
- 5Y*
- -7.83%
- 10Y*
- -2.01%
- ALL TIME*
- -0.96%
HIGH
- 1D
- -1.39%
- 1M
- 1.77%
- 6M
- 2.87%
- YTD
- 1.90%
- 1Y
- 1.01%
- 3Y*
- 3.48%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.37M | $1.03M | $539.07K | |
| $335.17K | $286.53K | $551.98K |
FDIV vs. HIGH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 5.02% | 2.95% | -37.35% | 6.78% | 1.51% |
HIGH Simplify Enhanced Income ETF | 1.90% | 4.35% | 1.52% | 7.70% | 0.47% |
Correlation
The correlation between FDIV and HIGH is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2022 | 0.22 |
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Return for Risk
FDIV vs. HIGH — Risk / Return Rank
FDIV
HIGH
FDIV vs. HIGH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDIV | HIGH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.70 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.03 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.14 | +1.12 |
| Martin ratioReturn relative to average drawdown | 3.33 | 0.23 | +3.10 |
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Drawdowns
FDIV vs. HIGH - Drawdown Comparison
The maximum FDIV drawdown since its inception was -47.90%, which is greater than HIGH's maximum drawdown of -9.50%. Use the drawdown chart below to compare losses from any high point for FDIV and HIGH.
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Drawdown Indicators
| FDIV | HIGH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.90% | -9.50% | -38.40% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -7.08% | -0.93% |
Max Drawdown (3Y)Largest decline over 3 years | -45.64% | -9.50% | -36.14% |
Max Drawdown (5Y)Largest decline over 5 years | -47.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | — | — |
Current DrawdownCurrent decline from peak | -35.40% | -4.99% | -30.41% |
Average DrawdownAverage peak-to-trough decline | -11.50% | -2.59% | -8.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 4.47% | -1.43% |
Volatility
FDIV vs. HIGH - Volatility Comparison
MarketDesk Focused U.S. Dividend ETF (FDIV) and Simplify Enhanced Income ETF (HIGH) have volatilities of 4.09% and 4.11%, 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.
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Volatility by Period
| FDIV | HIGH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.09% | 4.11% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 5.26% | +4.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.28% | 8.05% | +4.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.92% | 9.63% | +11.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.38% | 9.63% | +7.75% |
FDIV vs. HIGH - Expense Ratio Comparison
FDIV has a 0.35% expense ratio, which is lower than HIGH's 0.50% expense ratio.
Dividends
FDIV vs. HIGH - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.35%, less than HIGH's 6.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.35% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
HIGH Simplify Enhanced Income ETF | 6.69% | 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
FDIV and HIGH have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HIGH has higher volatility (4.11%) compared to FDIV (4.09%). In terms of maximum drawdown, FDIV dropped -47.90% vs HIGH's -9.50%.
On 3-year performance, HIGH leads with 3.48% vs -10.77% for FDIV. On fees, FDIV is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HIGH has performed better with a 3.48% return vs -10.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIV is cheaper with a 0.35% expense ratio, compared with 0.50% for HIGH.
HIGH has the higher dividend yield at 6.69%, compared with 2.35% for FDIV.
FDIV is categorized as Dividend, while HIGH is Derivative Income. They also come from different issuers: MarketDesk and Simplify. Their fees differ too: 0.35% for FDIV and 0.50% for HIGH.
FDIV currently has the higher Sharpe Ratio (0.83 vs 0.13), 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.
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