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MAXI vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


MAXISCHG
YTD Return65.83%34.22%
1Y Return87.29%47.39%
Sharpe Ratio1.612.71
Sortino Ratio2.233.48
Omega Ratio1.261.49
Calmar Ratio2.713.74
Martin Ratio6.2814.90
Ulcer Index14.90%3.10%
Daily Std Dev58.25%17.06%
Max Drawdown-34.54%-34.59%
Current Drawdown-3.24%0.00%

Correlation

-0.50.00.51.00.3

The correlation between MAXI and SCHG is 0.31, 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

MAXI vs. SCHG - Performance Comparison

In the year-to-date period, MAXI achieves a 65.83% return, which is significantly higher than SCHG's 34.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.11%
19.72%
MAXI
SCHG

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MAXI vs. SCHG - Expense Ratio Comparison

MAXI has a 11.18% expense ratio, which is higher than SCHG's 0.04% expense ratio.


MAXI
Simplify Bitcoin Strategy PLUS Income ETF
Expense ratio chart for MAXI: current value at 11.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%11.18%
Expense ratio chart for SCHG: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

MAXI vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Bitcoin Strategy PLUS Income ETF (MAXI) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.


MAXI
Sharpe ratio
The chart of Sharpe ratio for MAXI, currently valued at 1.61, compared to the broader market-2.000.002.004.001.61
Sortino ratio
The chart of Sortino ratio for MAXI, currently valued at 2.23, compared to the broader market-2.000.002.004.006.008.0010.0012.002.23
Omega ratio
The chart of Omega ratio for MAXI, currently valued at 1.26, compared to the broader market1.001.502.002.503.001.26
Calmar ratio
The chart of Calmar ratio for MAXI, currently valued at 2.71, compared to the broader market0.005.0010.0015.002.71
Martin ratio
The chart of Martin ratio for MAXI, currently valued at 6.28, compared to the broader market0.0020.0040.0060.0080.00100.006.28
SCHG
Sharpe ratio
The chart of Sharpe ratio for SCHG, currently valued at 2.71, compared to the broader market-2.000.002.004.002.71
Sortino ratio
The chart of Sortino ratio for SCHG, currently valued at 3.48, compared to the broader market-2.000.002.004.006.008.0010.0012.003.48
Omega ratio
The chart of Omega ratio for SCHG, currently valued at 1.49, compared to the broader market1.001.502.002.503.001.49
Calmar ratio
The chart of Calmar ratio for SCHG, currently valued at 3.74, compared to the broader market0.005.0010.0015.003.74
Martin ratio
The chart of Martin ratio for SCHG, currently valued at 14.90, compared to the broader market0.0020.0040.0060.0080.00100.0014.90

MAXI vs. SCHG - Sharpe Ratio Comparison

The current MAXI Sharpe Ratio is 1.61, which is lower than the SCHG Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of MAXI and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.61
2.71
MAXI
SCHG

Dividends

MAXI vs. SCHG - Dividend Comparison

MAXI's dividend yield for the trailing twelve months is around 35.62%, more than SCHG's 0.40% yield.


TTM20232022202120202019201820172016201520142013
MAXI
Simplify Bitcoin Strategy PLUS Income ETF
35.62%29.63%4.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.40%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

MAXI vs. SCHG - Drawdown Comparison

The maximum MAXI drawdown since its inception was -34.54%, roughly equal to the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for MAXI and SCHG. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.24%
0
MAXI
SCHG

Volatility

MAXI vs. SCHG - Volatility Comparison

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) has a higher volatility of 14.62% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.35%. This indicates that MAXI's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
14.62%
5.35%
MAXI
SCHG