IDVY vs. HIGH

Last updated Jun 24, 2026

IDVY (First Trust International Rising Dividend Achievers ETF) and HIGH (Simplify Enhanced Income ETF) are both exchange-traded funds - IDVY is a Dividend fund tracking the Nasdaq International Rising Dividend Achievers Index, while HIGH is a Derivative Income fund actively managed by Simplify. IDVY is passively managed, while HIGH is actively managed. At a 0.37 correlation, their price movements are largely independent. IDVY charges 0.60%/yr vs 0.51%/yr for HIGH.

Performance

IDVY vs. HIGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust International Rising Dividend Achievers ETF (IDVY) and Simplify Enhanced Income ETF (HIGH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IDVY

• 1D: -2.80%
• 1M: 2.08%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HIGH

• 1D: -0.82%
• 1M: 0.09%
• YTD: -0.79%
• 6M: -1.67%
• 1Y: -1.43%
• 3Y*: 2.72%
• 5Y*: —
• 10Y*: —

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

IDVY vs. HIGH - Yearly Performance Comparison

	2026 (YTD)
IDVY First Trust International Rising Dividend Achievers ETF	1.44%
HIGH Simplify Enhanced Income ETF	0.25%

Correlation

The correlation between IDVY and HIGH 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 Feb 11, 2026	0.37

Return for Risk

IDVY vs. HIGH — Risk / Return Rank

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

IDVY

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

HIGH

HIGH Risk / Return Rank: 7
HIGH Sharpe Ratio Rank: 7
HIGH Sortino Ratio Rank: 6
HIGH Omega Ratio Rank: 6
HIGH Calmar Ratio Rank: 7
HIGH Martin Ratio Rank: 8

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.

IDVY vs. HIGH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust International Rising Dividend Achievers ETF (IDVY) and Simplify Enhanced Income ETF (HIGH). 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.

	IDVY	HIGH	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.16	—
Sortino ratio: Return per unit of downside risk	—	-0.17	—
Omega ratio: Gain probability vs. loss probability	—	0.98	—
Calmar ratio: Return relative to maximum drawdown	—	-0.15	—
Martin ratio: Return relative to average drawdown	—	-0.21	—

Drawdowns

IDVY vs. HIGH - Drawdown Comparison

The maximum IDVY drawdown since its inception was -13.52%, which is greater than HIGH's maximum drawdown of -9.50%. Use the drawdown chart below to compare losses from any high point for IDVY and HIGH.

Drawdown Indicators

	IDVY	HIGH	Difference
Max Drawdown Largest peak-to-trough decline	-13.52%	-9.50%	-4.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.50%	—
Current Drawdown Current decline from peak	-2.80%	-7.50%	+4.70%
Average Drawdown Average peak-to-trough decline	-4.23%	-2.44%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.73%	—

Volatility

Volatility by Period

	IDVY	HIGH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.50%	8.79%	+17.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.50%	9.53%	+16.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.50%	9.53%	+16.97%

IDVY vs. HIGH - Expense Ratio Comparison

IDVY has a 0.60% expense ratio, which is higher than HIGH's 0.51% expense ratio.

Dividends

IDVY vs. HIGH - Dividend Comparison

IDVY has not paid dividends to shareholders, while HIGH's dividend yield for the trailing twelve months is around 7.36%.

Position	TTM	2025	2024	2023	2022
HIGH Simplify Enhanced Income ETF	7.36%	7.71%	8.34%	9.40%	0.62%
IDVY First Trust International Rising Dividend Achievers ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVY and HIGH in my portfolio?

IDVY and HIGH 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 is better, IDVY or HIGH?

On fees, HIGH is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVY or HIGH?

HIGH is cheaper with a 0.51% expense ratio, compared with 0.60% for IDVY.

Which ETF pays a higher dividend yield, IDVY or HIGH?

HIGH has the higher dividend yield at 7.36%, compared with 0.00% for IDVY.

What is the main difference between IDVY and HIGH?

IDVY is categorized as Dividend, while HIGH is Derivative Income. They also come from different issuers: First Trust and Simplify. Their fees differ too: 0.60% for IDVY and 0.51% for HIGH.