LIAU vs. YGLD

Last updated Jun 4, 2026

LIAU (LifeX 2060 Inflation-Protected Longevity Income ETF) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both exchange-traded funds - LIAU is a Inflation-Protected Bonds fund actively managed by Stone Ridge, while YGLD is a Gold fund actively managed by Simplify. Both are actively managed. Over the past year, LIAU returned 4.25% vs 23.02% for YGLD. At a 0.13 correlation, their price movements are largely independent. LIAU charges 0.25%/yr vs 0.50%/yr for YGLD.

Performance

LIAU vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) and Simplify Gold Strategy PLUS Income ETF (YGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LIAU achieves a 0.65% return, which is significantly higher than YGLD's -7.24% return.

LIAU

• 1D: -0.40%
• 1M: 0.64%
• YTD: 0.65%
• 6M: -0.67%
• 1Y: 4.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

YGLD

• 1D: -1.34%
• 1M: -2.29%
• YTD: -7.24%
• 6M: -7.14%
• 1Y: 23.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LIAU vs. YGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF	0.65%	3.53%	-4.29%
YGLD Simplify Gold Strategy PLUS Income ETF	-7.24%	96.82%	-4.17%

Correlation

The correlation between LIAU and YGLD is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.13

Return for Risk

LIAU vs. YGLD — Risk / Return Rank

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

LIAU

LIAU Risk / Return Rank: 18
LIAU Sharpe Ratio Rank: 19
LIAU Sortino Ratio Rank: 18
LIAU Omega Ratio Rank: 18
LIAU Calmar Ratio Rank: 19
LIAU Martin Ratio Rank: 18

YGLD

YGLD Risk / Return Rank: 18
YGLD Sharpe Ratio Rank: 18
YGLD Sortino Ratio Rank: 18
YGLD Omega Ratio Rank: 21
YGLD Calmar Ratio Rank: 17
YGLD Martin Ratio Rank: 16

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.

LIAU vs. YGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) and Simplify Gold Strategy PLUS Income ETF (YGLD). 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.

	LIAU	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	0.59	0.57	+0.02
Sortino ratio: Return per unit of downside risk	0.89	0.96	-0.07
Omega ratio: Gain probability vs. loss probability	1.10	1.14	-0.04
Calmar ratio: Return relative to maximum drawdown	0.79	0.68	+0.12
Martin ratio: Return relative to average drawdown	1.79	1.55	+0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LIAU vs. YGLD - Sharpe Ratio Comparison

The current LIAU Sharpe Ratio is 0.59, which is comparable to the YGLD Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of LIAU and YGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LIAU	YGLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	0.57	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	1.17	-1.47

Drawdowns

LIAU vs. YGLD - Drawdown Comparison

The maximum LIAU drawdown since its inception was -9.95%, smaller than the maximum YGLD drawdown of -34.23%. Use the drawdown chart below to compare losses from any high point for LIAU and YGLD.

Drawdown Indicators

	LIAU	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-9.95%	-34.23%	+24.28%
Max Drawdown (1Y) Largest decline over 1 year	-5.38%	-34.23%	+28.85%
Current Drawdown Current decline from peak	-4.43%	-33.06%	+28.63%
Average Drawdown Average peak-to-trough decline	-5.24%	-7.91%	+2.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	14.86%	-12.49%

Volatility

LIAU vs. YGLD - Volatility Comparison

The current volatility for LifeX 2060 Inflation-Protected Longevity Income ETF (LIAU) is 1.93%, while Simplify Gold Strategy PLUS Income ETF (YGLD) has a volatility of 8.70%. This indicates that LIAU experiences smaller price fluctuations and is considered to be less risky than YGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIAU	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	8.70%	-6.77%
Volatility (6M) Calculated over the trailing 6-month period	5.08%	34.68%	-29.60%
Volatility (1Y) Calculated over the trailing 1-year period	7.22%	40.43%	-33.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.69%	39.10%	-30.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.69%	39.10%	-30.41%

LIAU vs. YGLD - Expense Ratio Comparison

LIAU has a 0.25% expense ratio, which is lower than YGLD's 0.50% expense ratio.

Dividends

LIAU vs. YGLD - Dividend Comparison

LIAU's dividend yield for the trailing twelve months is around 9.36%, less than YGLD's 19.23% yield.

Position	TTM	2025	2024
LIAU LifeX 2060 Inflation-Protected Longevity Income ETF	9.36%	12.93%	1.04%
YGLD Simplify Gold Strategy PLUS Income ETF	19.23%	12.05%	0.00%

Frequently Asked Questions

Can I hold both LIAU and YGLD in my portfolio?

LIAU and YGLD have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LIAU or YGLD?

YGLD has higher volatility (8.70%) compared to LIAU (1.93%). In terms of maximum drawdown, LIAU dropped -9.95% vs YGLD's -34.23%.

Which ETF is better, LIAU or YGLD?

On 1-year performance, YGLD leads with 23.02% vs 4.25% for LIAU. On fees, LIAU is cheaper at 0.25% per year. On volatility, LIAU has been the lower-risk option at 1.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LIAU or YGLD?

Over the 1-year period, YGLD has performed better with a 23.02% return vs 4.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LIAU or YGLD?

LIAU is cheaper with a 0.25% expense ratio, compared with 0.50% for YGLD.

Which ETF pays a higher dividend yield, LIAU or YGLD?

YGLD has the higher dividend yield at 19.23%, compared with 9.36% for LIAU.

What is the main difference between LIAU and YGLD?

LIAU is categorized as Inflation-Protected Bonds, while YGLD is Gold. They also come from different issuers: Stone Ridge and Simplify. Their fees differ too: 0.25% for LIAU and 0.50% for YGLD.

Which has better risk-adjusted returns?

LIAU currently has the higher Sharpe Ratio (0.59 vs 0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.