HIGH vs. GAU
Compare and contrast key facts about Simplify Enhanced Income ETF (HIGH) and Galiano Gold Inc. (GAU).
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: HIGH or GAU.
Key characteristics
| HIGH | GAU | |
|---|---|---|
| YTD Return | 2.80% | 54.26% |
| 1Y Return | 3.77% | 163.64% |
| Sharpe Ratio | 1.09 | 2.71 |
| Sortino Ratio | 1.45 | 3.36 |
| Omega Ratio | 1.28 | 1.39 |
| Calmar Ratio | 1.05 | 1.90 |
| Martin Ratio | 3.00 | 12.48 |
| Ulcer Index | 1.18% | 14.33% |
| Daily Std Dev | 3.26% | 65.95% |
| Max Drawdown | -3.39% | -96.20% |
| Current Drawdown | -1.05% | -84.69% |
Correlation
The correlation between HIGH and GAU 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
HIGH vs. GAU - Performance Comparison
In the year-to-date period, HIGH achieves a 2.80% return, which is significantly lower than GAU's 54.26% 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
HIGH vs. GAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) and Galiano Gold Inc. (GAU). 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
HIGH vs. GAU - Dividend Comparison
HIGH's dividend yield for the trailing twelve months is around 8.82%, while GAU has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
HIGH Simplify Enhanced Income ETF | 8.82% | 9.39% | 0.62% |
GAU Galiano Gold Inc. | 0.00% | 0.00% | 0.00% |
Drawdowns
HIGH vs. GAU - Drawdown Comparison
The maximum HIGH drawdown since its inception was -3.39%, smaller than the maximum GAU drawdown of -96.20%. Use the drawdown chart below to compare losses from any high point for HIGH and GAU. For additional features, visit the drawdowns tool.
Volatility
HIGH vs. GAU - Volatility Comparison
The current volatility for Simplify Enhanced Income ETF (HIGH) is 0.68%, while Galiano Gold Inc. (GAU) has a volatility of 18.65%. This indicates that HIGH experiences smaller price fluctuations and is considered to be less risky than GAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.