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PINK vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between PINK and ^SP500TR is 0.70, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

PINK vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Health Care ETF (PINK) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%December2025FebruaryMarchAprilMay
20.37%
35.79%
PINK
^SP500TR

Key characteristics

Sharpe Ratio

PINK:

0.04

^SP500TR:

0.73

Sortino Ratio

PINK:

0.18

^SP500TR:

1.13

Omega Ratio

PINK:

1.02

^SP500TR:

1.17

Calmar Ratio

PINK:

0.04

^SP500TR:

0.75

Martin Ratio

PINK:

0.09

^SP500TR:

2.98

Ulcer Index

PINK:

7.18%

^SP500TR:

4.74%

Daily Std Dev

PINK:

17.76%

^SP500TR:

19.40%

Max Drawdown

PINK:

-18.77%

^SP500TR:

-55.25%

Current Drawdown

PINK:

-11.22%

^SP500TR:

-7.80%

Returns By Period

In the year-to-date period, PINK achieves a -0.64% return, which is significantly higher than ^SP500TR's -3.52% return.


PINK

YTD

-0.64%

1M

7.29%

6M

-7.02%

1Y

-0.31%

5Y*

N/A

10Y*

N/A

^SP500TR

YTD

-3.52%

1M

11.44%

6M

-0.43%

1Y

11.69%

5Y*

16.53%

10Y*

12.35%

*Annualized

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Risk-Adjusted Performance

PINK vs. ^SP500TR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PINK
The Risk-Adjusted Performance Rank of PINK is 1818
Overall Rank
The Sharpe Ratio Rank of PINK is 1818
Sharpe Ratio Rank
The Sortino Ratio Rank of PINK is 1717
Sortino Ratio Rank
The Omega Ratio Rank of PINK is 1717
Omega Ratio Rank
The Calmar Ratio Rank of PINK is 1818
Calmar Ratio Rank
The Martin Ratio Rank of PINK is 1818
Martin Ratio Rank

^SP500TR
The Risk-Adjusted Performance Rank of ^SP500TR is 7878
Overall Rank
The Sharpe Ratio Rank of ^SP500TR is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of ^SP500TR is 7575
Sortino Ratio Rank
The Omega Ratio Rank of ^SP500TR is 7878
Omega Ratio Rank
The Calmar Ratio Rank of ^SP500TR is 7979
Calmar Ratio Rank
The Martin Ratio Rank of ^SP500TR is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PINK vs. ^SP500TR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Health Care ETF (PINK) and S&P 500 Total Return (^SP500TR). 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.


The chart of Sharpe ratio for PINK, currently valued at 0.04, compared to the broader market-1.000.001.002.003.004.00
PINK: 0.04
^SP500TR: 0.73
The chart of Sortino ratio for PINK, currently valued at 0.18, compared to the broader market-2.000.002.004.006.008.00
PINK: 0.18
^SP500TR: 1.13
The chart of Omega ratio for PINK, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
PINK: 1.02
^SP500TR: 1.17
The chart of Calmar ratio for PINK, currently valued at 0.04, compared to the broader market0.002.004.006.008.0010.0012.00
PINK: 0.04
^SP500TR: 0.75
The chart of Martin ratio for PINK, currently valued at 0.09, compared to the broader market0.0020.0040.0060.00
PINK: 0.09
^SP500TR: 2.98

The current PINK Sharpe Ratio is 0.04, which is lower than the ^SP500TR Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of PINK and ^SP500TR, 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-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.04
0.73
PINK
^SP500TR

Drawdowns

PINK vs. ^SP500TR - Drawdown Comparison

The maximum PINK drawdown since its inception was -18.77%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PINK and ^SP500TR. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-11.22%
-7.80%
PINK
^SP500TR

Volatility

PINK vs. ^SP500TR - Volatility Comparison

The current volatility for Simplify Health Care ETF (PINK) is 9.97%, while S&P 500 Total Return (^SP500TR) has a volatility of 13.19%. This indicates that PINK experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
9.97%
13.19%
PINK
^SP500TR