LIFE.TO vs. SURI
Compare and contrast key facts about Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Simplify Propel Opportunities ETF (SURI).
LIFE.TO and SURI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SURI is an actively managed fund by Simplify. It was launched on Feb 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIFE.TO or SURI.
Key characteristics
| LIFE.TO | SURI | |
|---|---|---|
| YTD Return | 5.73% | 37.64% |
| 1Y Return | 13.98% | 62.71% |
| Sharpe Ratio | 1.29 | 2.02 |
| Sortino Ratio | 1.84 | 2.83 |
| Omega Ratio | 1.22 | 1.33 |
| Calmar Ratio | 1.46 | 3.02 |
| Martin Ratio | 4.93 | 8.16 |
| Ulcer Index | 2.47% | 7.05% |
| Daily Std Dev | 9.43% | 28.42% |
| Max Drawdown | -20.04% | -19.43% |
| Current Drawdown | -7.56% | -3.71% |
Correlation
The correlation between LIFE.TO and SURI is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LIFE.TO vs. SURI - Performance Comparison
In the year-to-date period, LIFE.TO achieves a 5.73% return, which is significantly lower than SURI's 37.64% 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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LIFE.TO vs. SURI - Expense Ratio Comparison
Risk-Adjusted Performance
LIFE.TO vs. SURI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) and Simplify Propel Opportunities ETF (SURI). 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
LIFE.TO vs. SURI - Dividend Comparison
LIFE.TO's dividend yield for the trailing twelve months is around 6.09%, less than SURI's 12.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
LIFE.TO Evolve Global Healthcare Enhanced Yield Fund | 6.09% | 9.24% | 8.20% | 6.46% | 7.09% | 2,839,567.87% | 6,633,719.19% |
SURI Simplify Propel Opportunities ETF | 12.92% | 14.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LIFE.TO vs. SURI - Drawdown Comparison
The maximum LIFE.TO drawdown since its inception was -20.04%, roughly equal to the maximum SURI drawdown of -19.43%. Use the drawdown chart below to compare losses from any high point for LIFE.TO and SURI. For additional features, visit the drawdowns tool.
Volatility
LIFE.TO vs. SURI - Volatility Comparison
The current volatility for Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO) is 3.45%, while Simplify Propel Opportunities ETF (SURI) has a volatility of 8.75%. This indicates that LIFE.TO experiences smaller price fluctuations and is considered to be less risky than SURI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.