FLEX vs. SVOL
Compare and contrast key facts about Flex Ltd. (FLEX) and Simplify Volatility Premium ETF (SVOL).
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: FLEX or SVOL.
Correlation
The correlation between FLEX 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
FLEX vs. SVOL - Performance Comparison
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Key characteristics
FLEX:
0.93
SVOL:
0.05
FLEX:
1.44
SVOL:
0.36
FLEX:
1.20
SVOL:
1.06
FLEX:
1.06
SVOL:
0.06
FLEX:
3.33
SVOL:
0.23
FLEX:
12.71%
SVOL:
8.59%
FLEX:
46.34%
SVOL:
36.31%
FLEX:
-96.37%
SVOL:
-33.50%
FLEX:
-6.10%
SVOL:
-3.65%
Returns By Period
In the year-to-date period, FLEX achieves a 8.75% return, which is significantly higher than SVOL's 1.29% return.
FLEX
8.75%
32.37%
12.62%
42.49%
79.77%
55.15%
22.30%
SVOL
1.29%
29.83%
-0.79%
1.81%
12.64%
N/A
N/A
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Risk-Adjusted Performance
FLEX vs. SVOL — Risk-Adjusted Performance Rank
FLEX
SVOL
FLEX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Flex Ltd. (FLEX) 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.
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Dividends
FLEX vs. SVOL - Dividend Comparison
FLEX has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 16.93%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
FLEX Flex Ltd. | 0.00% | 21.52% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.93% | 16.79% | 16.37% | 18.32% | 4.65% |
Drawdowns
FLEX vs. SVOL - Drawdown Comparison
The maximum FLEX drawdown since its inception was -96.37%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for FLEX and SVOL. For additional features, visit the drawdowns tool.
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Volatility
FLEX vs. SVOL - Volatility Comparison
The current volatility for Flex Ltd. (FLEX) is 11.04%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 17.07%. This indicates that FLEX 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.
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