HF vs. PCR

Last updated Jul 17, 2026

HF (DGA Core Plus Absolute Return ETF) and PCR (Simplify VettaFi Private Credit Strategy ETF) are both Multistrategy funds. HF is actively managed, while PCR is passively managed. At a 0.37 correlation, their price movements are largely independent.

Performance

HF vs. PCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DGA Core Plus Absolute Return ETF (HF) and Simplify VettaFi Private Credit Strategy ETF (PCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HF achieves a 6.08% return, which is significantly higher than PCR's -9.62% return.

HF

• 1D: -0.06%
• 1M: 0.26%
• 6M: 4.89%
• YTD: 6.08%
• 1Y: 9.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCR

• 1D: 0.41%
• 1M: 1.72%
• 6M: -11.85%
• YTD: -9.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HF vs. PCR - Yearly Performance Comparison

	2026 (YTD)	2025
HF DGA Core Plus Absolute Return ETF	6.08%	1.27%
PCR Simplify VettaFi Private Credit Strategy ETF	-9.62%	-5.73%

Correlation

The correlation between HF and PCR is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	0.37

Return for Risk

HF vs. PCR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HF

HF Risk / Return Rank: 72
HF Sharpe Ratio Rank: 67
HF Sortino Ratio Rank: 68
HF Omega Ratio Rank: 72
HF Calmar Ratio Rank: 76
HF Martin Ratio Rank: 75

PCR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HF vs. PCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DGA Core Plus Absolute Return ETF (HF) and Simplify VettaFi Private Credit Strategy ETF (PCR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HF	PCR	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.50	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	3.14	—	—
Martin ratio: Return relative to average drawdown	10.88	—	—

Drawdowns

HF vs. PCR - Drawdown Comparison

The maximum HF drawdown since its inception was -5.94%, smaller than the maximum PCR drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for HF and PCR.

Drawdown Indicators

	HF	PCR	Difference
Max Drawdown Largest peak-to-trough decline	-5.94%	-20.07%	+14.13%
Max Drawdown (1Y) Largest decline over 1 year	-3.14%	—	—
Current Drawdown Current decline from peak	-0.20%	-14.80%	+14.60%
Average Drawdown Average peak-to-trough decline	-1.61%	-10.14%	+8.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	—	—

Volatility

Volatility by Period

	HF	PCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.63%	18.27%	-12.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.36%	18.27%	-11.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.36%	18.27%	-11.91%

Dividends

HF vs. PCR - Dividend Comparison

HF's dividend yield for the trailing twelve months is around 0.89%, less than PCR's 8.81% yield.

Position	TTM	2025	2024	2023
HF DGA Core Plus Absolute Return ETF	0.89%	0.94%	11.18%	2.49%
PCR Simplify VettaFi Private Credit Strategy ETF	8.81%	2.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HF and PCR in my portfolio?

HF and PCR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, HF or PCR?

PCR has the higher dividend yield at 8.81%, compared with 0.89% for HF.

What is the main difference between HF and PCR?

They also come from different issuers: Days Global Advisors and Simplify.