GOAU vs. SVOL
Compare and contrast key facts about US Global GO GOLD and Precious Metal Miners ETF (GOAU) and Simplify Volatility Premium ETF (SVOL).
GOAU and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOAU is a passively managed fund by US Global Investors that tracks the performance of the U.S. Global GO GOLD and Precious Metal Miners Index. It was launched on Jun 27, 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: GOAU or SVOL.
Key characteristics
| GOAU | SVOL | |
|---|---|---|
| YTD Return | 30.83% | 9.21% |
| 1Y Return | 47.22% | 12.36% |
| 3Y Return (Ann) | 7.20% | 8.63% |
| Sharpe Ratio | 1.43 | 1.07 |
| Sortino Ratio | 2.02 | 1.45 |
| Omega Ratio | 1.24 | 1.27 |
| Calmar Ratio | 1.02 | 1.18 |
| Martin Ratio | 6.40 | 7.69 |
| Ulcer Index | 6.89% | 1.67% |
| Daily Std Dev | 30.82% | 11.96% |
| Max Drawdown | -55.41% | -15.68% |
| Current Drawdown | -10.85% | -0.50% |
Correlation
The correlation between GOAU and SVOL is 0.29, 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
GOAU vs. SVOL - Performance Comparison
In the year-to-date period, GOAU achieves a 30.83% return, which is significantly higher than SVOL's 9.21% 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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GOAU vs. SVOL - Expense Ratio Comparison
GOAU has a 0.60% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
GOAU vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for US Global GO GOLD and Precious Metal Miners ETF (GOAU) 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
GOAU vs. SVOL - Dividend Comparison
GOAU's dividend yield for the trailing twelve months is around 0.76%, less than SVOL's 16.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
GOAU US Global GO GOLD and Precious Metal Miners ETF | 0.76% | 0.99% | 1.55% | 1.28% | 0.74% | 0.16% | 0.47% | 0.13% |
SVOL Simplify Volatility Premium ETF | 16.37% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GOAU vs. SVOL - Drawdown Comparison
The maximum GOAU drawdown since its inception was -55.41%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for GOAU and SVOL. For additional features, visit the drawdowns tool.
Volatility
GOAU vs. SVOL - Volatility Comparison
US Global GO GOLD and Precious Metal Miners ETF (GOAU) has a higher volatility of 8.87% compared to Simplify Volatility Premium ETF (SVOL) at 3.45%. This indicates that GOAU'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.