PHDG vs. SVOL
Compare and contrast key facts about Invesco S&P 500® Downside Hedged ETF (PHDG) and Simplify Volatility Premium ETF (SVOL).
PHDG and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHDG is an actively managed fund by Invesco. It was launched on Dec 6, 2012. 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: PHDG or SVOL.
Correlation
The correlation between PHDG and SVOL is 0.68, 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
PHDG vs. SVOL - Performance Comparison
Key characteristics
PHDG:
-0.28
SVOL:
-0.39
PHDG:
-0.30
SVOL:
-0.38
PHDG:
0.96
SVOL:
0.93
PHDG:
-0.25
SVOL:
-0.38
PHDG:
-0.77
SVOL:
-1.68
PHDG:
4.44%
SVOL:
7.66%
PHDG:
12.10%
SVOL:
32.73%
PHDG:
-17.70%
SVOL:
-33.50%
PHDG:
-13.59%
SVOL:
-20.44%
Returns By Period
In the year-to-date period, PHDG achieves a -9.39% return, which is significantly higher than SVOL's -16.37% return.
PHDG
-9.39%
-7.03%
-12.23%
-3.63%
3.73%
3.86%
SVOL
-16.37%
-7.51%
-16.23%
-12.90%
N/A
N/A
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PHDG vs. SVOL - Expense Ratio Comparison
PHDG has a 0.40% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
PHDG vs. SVOL — Risk-Adjusted Performance Rank
PHDG
SVOL
PHDG vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Downside Hedged ETF (PHDG) 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.
Dividends
PHDG vs. SVOL - Dividend Comparison
PHDG's dividend yield for the trailing twelve months is around 2.12%, less than SVOL's 20.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHDG Invesco S&P 500® Downside Hedged ETF | 2.12% | 1.94% | 1.93% | 1.35% | 0.44% | 0.63% | 1.80% | 1.56% | 1.83% | 2.29% | 1.64% | 5.46% |
SVOL Simplify Volatility Premium ETF | 20.50% | 16.79% | 16.37% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHDG vs. SVOL - Drawdown Comparison
The maximum PHDG drawdown since its inception was -17.70%, smaller than the maximum SVOL drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for PHDG and SVOL. For additional features, visit the drawdowns tool.
Volatility
PHDG vs. SVOL - Volatility Comparison
The current volatility for Invesco S&P 500® Downside Hedged ETF (PHDG) is 6.44%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 27.53%. This indicates that PHDG experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.