FITE vs. SVOL
Compare and contrast key facts about SPDR S&P Kensho Future Security ETF (FITE) and Simplify Volatility Premium ETF (SVOL).
FITE and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FITE is a passively managed fund by State Street that tracks the performance of the S&P Kensho Future Security Index. It was launched on Dec 26, 2017. 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: FITE or SVOL.
Correlation
The correlation between FITE and SVOL is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FITE vs. SVOL - Performance Comparison
Key characteristics
FITE:
0.65
SVOL:
-0.39
FITE:
1.06
SVOL:
-0.37
FITE:
1.14
SVOL:
0.94
FITE:
0.72
SVOL:
-0.38
FITE:
2.60
SVOL:
-1.68
FITE:
6.09%
SVOL:
7.55%
FITE:
24.51%
SVOL:
32.67%
FITE:
-36.90%
SVOL:
-33.50%
FITE:
-12.54%
SVOL:
-20.44%
Returns By Period
In the year-to-date period, FITE achieves a -5.24% return, which is significantly higher than SVOL's -16.37% return.
FITE
-5.24%
-2.18%
1.57%
15.37%
13.82%
N/A
SVOL
-16.37%
-10.48%
-15.48%
-12.90%
N/A
N/A
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FITE vs. SVOL - Expense Ratio Comparison
FITE has a 0.45% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
FITE vs. SVOL — Risk-Adjusted Performance Rank
FITE
SVOL
FITE vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Future Security ETF (FITE) 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
FITE vs. SVOL - Dividend Comparison
FITE's dividend yield for the trailing twelve months is around 0.16%, less than SVOL's 20.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FITE SPDR S&P Kensho Future Security ETF | 0.16% | 0.11% | 0.13% | 0.12% | 0.92% | 0.88% | 0.44% | 1.79% |
SVOL Simplify Volatility Premium ETF | 20.50% | 16.79% | 16.36% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% |
Drawdowns
FITE vs. SVOL - Drawdown Comparison
The maximum FITE drawdown since its inception was -36.90%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for FITE and SVOL. For additional features, visit the drawdowns tool.
Volatility
FITE vs. SVOL - Volatility Comparison
The current volatility for SPDR S&P Kensho Future Security ETF (FITE) is 15.38%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 27.53%. This indicates that FITE 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.