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OARK vs. SVOL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OARK and SVOL is 0.54, 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.


-0.50.00.51.00.5

Performance

OARK vs. SVOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Innovation Option Income Strategy ETF (OARK) and Simplify Volatility Premium ETF (SVOL). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
19.54%
32.31%
OARK
SVOL

Key characteristics

Sharpe Ratio

OARK:

0.41

SVOL:

0.50

Sortino Ratio

OARK:

0.72

SVOL:

0.72

Omega Ratio

OARK:

1.09

SVOL:

1.13

Calmar Ratio

OARK:

0.52

SVOL:

0.60

Martin Ratio

OARK:

1.29

SVOL:

3.63

Ulcer Index

OARK:

8.67%

SVOL:

1.79%

Daily Std Dev

OARK:

27.10%

SVOL:

12.91%

Max Drawdown

OARK:

-27.24%

SVOL:

-15.62%

Current Drawdown

OARK:

-5.65%

SVOL:

-5.25%

Returns By Period

In the year-to-date period, OARK achieves a 9.47% return, which is significantly higher than SVOL's 5.30% return.


OARK

YTD

9.47%

1M

3.48%

6M

22.29%

1Y

13.45%

5Y*

N/A

10Y*

N/A

SVOL

YTD

5.30%

1M

-3.45%

6M

-0.92%

1Y

6.50%

5Y*

N/A

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OARK vs. SVOL - Expense Ratio Comparison

OARK has a 0.99% expense ratio, which is higher than SVOL's 0.50% expense ratio.


OARK
YieldMax Innovation Option Income Strategy ETF
Expense ratio chart for OARK: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for SVOL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for OARK, currently valued at 0.50, compared to the broader market0.002.004.000.500.50
The chart of Sortino ratio for OARK, currently valued at 0.82, compared to the broader market-2.000.002.004.006.008.0010.000.820.72
The chart of Omega ratio for OARK, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.111.13
The chart of Calmar ratio for OARK, currently valued at 0.62, compared to the broader market0.005.0010.0015.000.620.60
The chart of Martin ratio for OARK, currently valued at 1.55, compared to the broader market0.0020.0040.0060.0080.00100.001.553.63
OARK
SVOL

The current OARK Sharpe Ratio is 0.41, which is comparable to the SVOL Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of OARK and SVOL, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.50
0.50
OARK
SVOL

Dividends

OARK vs. SVOL - Dividend Comparison

OARK's dividend yield for the trailing twelve months is around 42.44%, more than SVOL's 17.04% yield.


TTM202320222021
OARK
YieldMax Innovation Option Income Strategy ETF
42.44%45.04%0.00%0.00%
SVOL
Simplify Volatility Premium ETF
17.04%16.37%18.32%4.65%

Drawdowns

OARK vs. SVOL - Drawdown Comparison

The maximum OARK drawdown since its inception was -27.24%, which is greater than SVOL's maximum drawdown of -15.62%. Use the drawdown chart below to compare losses from any high point for OARK and SVOL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.65%
-5.25%
OARK
SVOL

Volatility

OARK vs. SVOL - Volatility Comparison

YieldMax Innovation Option Income Strategy ETF (OARK) has a higher volatility of 7.91% compared to Simplify Volatility Premium ETF (SVOL) at 5.06%. This indicates that OARK's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.91%
5.06%
OARK
SVOL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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