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HIGH vs. CSHI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HIGH and CSHI is 0.26, 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

HIGH vs. CSHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Enhanced Income ETF (HIGH) and Neos Enhanced Income Cash Alternative ETF (CSHI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HIGH:

0.66

CSHI:

2.53

Sortino Ratio

HIGH:

1.40

CSHI:

3.67

Omega Ratio

HIGH:

1.25

CSHI:

1.96

Calmar Ratio

HIGH:

1.20

CSHI:

3.09

Martin Ratio

HIGH:

4.43

CSHI:

27.36

Ulcer Index

HIGH:

2.33%

CSHI:

0.19%

Daily Std Dev

HIGH:

15.16%

CSHI:

2.07%

Max Drawdown

HIGH:

-8.59%

CSHI:

-1.69%

Current Drawdown

HIGH:

0.00%

CSHI:

-0.20%

Returns By Period

In the year-to-date period, HIGH achieves a 11.13% return, which is significantly higher than CSHI's 1.57% return.


HIGH

YTD

11.13%

1M

8.88%

6M

10.36%

1Y

9.98%

5Y*

N/A

10Y*

N/A

CSHI

YTD

1.57%

1M

0.70%

6M

2.19%

1Y

5.18%

5Y*

N/A

10Y*

N/A

*Annualized

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HIGH vs. CSHI - Expense Ratio Comparison

HIGH has a 0.51% expense ratio, which is higher than CSHI's 0.38% expense ratio.


Risk-Adjusted Performance

HIGH vs. CSHI — Risk-Adjusted Performance Rank

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

HIGH
The Risk-Adjusted Performance Rank of HIGH is 7979
Overall Rank
The Sharpe Ratio Rank of HIGH is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of HIGH is 7878
Sortino Ratio Rank
The Omega Ratio Rank of HIGH is 8686
Omega Ratio Rank
The Calmar Ratio Rank of HIGH is 8585
Calmar Ratio Rank
The Martin Ratio Rank of HIGH is 8282
Martin Ratio Rank

CSHI
The Risk-Adjusted Performance Rank of CSHI is 9797
Overall Rank
The Sharpe Ratio Rank of CSHI is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of CSHI is 9797
Sortino Ratio Rank
The Omega Ratio Rank of CSHI is 9898
Omega Ratio Rank
The Calmar Ratio Rank of CSHI is 9696
Calmar Ratio Rank
The Martin Ratio Rank of CSHI is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HIGH vs. CSHI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) and Neos Enhanced Income Cash Alternative ETF (CSHI). 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 HIGH Sharpe Ratio is 0.66, which is lower than the CSHI Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of HIGH and CSHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

HIGH vs. CSHI - Dividend Comparison

HIGH's dividend yield for the trailing twelve months is around 6.70%, more than CSHI's 5.46% yield.


TTM202420232022
HIGH
Simplify Enhanced Income ETF
6.70%8.34%9.39%0.62%
CSHI
Neos Enhanced Income Cash Alternative ETF
5.46%5.72%6.15%1.52%

Drawdowns

HIGH vs. CSHI - Drawdown Comparison

The maximum HIGH drawdown since its inception was -8.59%, which is greater than CSHI's maximum drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for HIGH and CSHI. For additional features, visit the drawdowns tool.


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Volatility

HIGH vs. CSHI - Volatility Comparison

Simplify Enhanced Income ETF (HIGH) has a higher volatility of 4.70% compared to Neos Enhanced Income Cash Alternative ETF (CSHI) at 0.42%. This indicates that HIGH's price experiences larger fluctuations and is considered to be riskier than CSHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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