GAU vs. HIGH
Compare and contrast key facts about Galiano Gold Inc. (GAU) and Simplify Enhanced Income ETF (HIGH).
HIGH is an actively managed fund by Simplify Asset Management Inc.. It was launched on Oct 27, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAU or HIGH.
Key characteristics
| GAU | HIGH | |
|---|---|---|
| YTD Return | 54.26% | 2.80% |
| 1Y Return | 163.64% | 3.77% |
| Sharpe Ratio | 2.71 | 1.09 |
| Sortino Ratio | 3.36 | 1.45 |
| Omega Ratio | 1.39 | 1.28 |
| Calmar Ratio | 1.90 | 1.05 |
| Martin Ratio | 12.48 | 3.00 |
| Ulcer Index | 14.33% | 1.18% |
| Daily Std Dev | 65.95% | 3.26% |
| Max Drawdown | -96.20% | -3.39% |
| Current Drawdown | -84.69% | -1.05% |
Correlation
The correlation between GAU and HIGH is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GAU vs. HIGH - Performance Comparison
In the year-to-date period, GAU achieves a 54.26% return, which is significantly higher than HIGH's 2.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GAU vs. HIGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galiano Gold Inc. (GAU) 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.
Dividends
GAU vs. HIGH - Dividend Comparison
GAU has not paid dividends to shareholders, while HIGH's dividend yield for the trailing twelve months is around 8.82%.
| TTM | 2023 | 2022 | |
|---|---|---|---|
GAU Galiano Gold Inc. | 0.00% | 0.00% | 0.00% |
HIGH Simplify Enhanced Income ETF | 8.82% | 9.39% | 0.62% |
Drawdowns
GAU vs. HIGH - Drawdown Comparison
The maximum GAU drawdown since its inception was -96.20%, which is greater than HIGH's maximum drawdown of -3.39%. Use the drawdown chart below to compare losses from any high point for GAU and HIGH. For additional features, visit the drawdowns tool.
Volatility
GAU vs. HIGH - Volatility Comparison
Galiano Gold Inc. (GAU) has a higher volatility of 18.65% compared to Simplify Enhanced Income ETF (HIGH) at 0.68%. This indicates that GAU's price experiences larger fluctuations and is considered to be riskier than HIGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.