HARD vs. BIL

In the year-to-date period, HARD achieves a 6.29% return, which is significantly higher than BIL's 1.48% return.

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HARD has a 0.75% expense ratio, which is higher than BIL's 0.14% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Simplify Commodities Strategy No K-1 ETF (HARD) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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.

The current HARD Sharpe Ratio is 1.04, which is lower than the BIL Sharpe Ratio of 20.77. The chart below compares the historical Sharpe Ratios of HARD and BIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

HARD has not paid dividends to shareholders, while BIL's dividend yield for the trailing twelve months is around 4.69%.

The maximum HARD drawdown since its inception was -13.51%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for HARD and BIL. For additional features, visit the drawdowns tool.

Simplify Commodities Strategy No K-1 ETF (HARD) has a higher volatility of 4.27% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that HARD's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.