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.
Key characteristics
| FITE | SVOL | |
|---|---|---|
| YTD Return | 22.42% | 9.86% |
| 1Y Return | 36.28% | 13.08% |
| 3Y Return (Ann) | 7.08% | 8.87% |
| Sharpe Ratio | 2.40 | 1.10 |
| Sortino Ratio | 3.19 | 1.49 |
| Omega Ratio | 1.41 | 1.28 |
| Calmar Ratio | 3.16 | 1.21 |
| Martin Ratio | 14.51 | 7.88 |
| Ulcer Index | 2.81% | 1.67% |
| Daily Std Dev | 16.94% | 11.94% |
| Max Drawdown | -36.90% | -15.68% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FITE and SVOL is 0.59, 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
FITE vs. SVOL - Performance Comparison
In the year-to-date period, FITE achieves a 22.42% return, which is significantly higher than SVOL's 9.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 0.15%, less than SVOL's 16.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FITE SPDR S&P Kensho Future Security ETF | 0.15% | 0.13% | 0.12% | 0.92% | 0.88% | 0.44% | 1.79% |
SVOL Simplify Volatility Premium ETF | 16.27% | 16.37% | 18.31% | 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 -15.68%. 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
SPDR S&P Kensho Future Security ETF (FITE) has a higher volatility of 5.94% compared to Simplify Volatility Premium ETF (SVOL) at 3.37%. This indicates that FITE's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.