OARK vs. SVOL
Compare and contrast key facts about YieldMax Innovation Option Income Strategy ETF (OARK) and Simplify Volatility Premium ETF (SVOL).
OARK and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OARK is an actively managed fund by YieldMax. It was launched on Nov 22, 2022. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OARK or SVOL.
Correlation
The correlation between OARK and SVOL is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
OARK vs. SVOL - Performance Comparison
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Key characteristics
OARK:
52.42%
SVOL:
23.33%
OARK:
-3.70%
SVOL:
-2.64%
OARK:
-1.30%
SVOL:
-2.22%
Returns By Period
OARK
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SVOL
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OARK vs. SVOL - Expense Ratio Comparison
OARK has a 0.99% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
OARK vs. SVOL — Risk-Adjusted Performance Rank
OARK
SVOL
OARK vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Innovation Option Income Strategy ETF (OARK) and Simplify Volatility Premium ETF (SVOL). 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.
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Dividends
OARK vs. SVOL - Dividend Comparison
OARK's dividend yield for the trailing twelve months is around 53.45%, more than SVOL's 20.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
OARK YieldMax Innovation Option Income Strategy ETF | 53.45% | 0.00% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 20.65% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
OARK vs. SVOL - Drawdown Comparison
The maximum OARK drawdown since its inception was -3.70%, which is greater than SVOL's maximum drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for OARK and SVOL. For additional features, visit the drawdowns tool.
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Volatility
OARK vs. SVOL - Volatility Comparison
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