RFIX vs. YGLD

Last updated Aug 2, 2026

RFIX (Simplify Bond Bull ETF) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both exchange-traded funds - RFIX is a Nontraditional Bonds fund actively managed by Simplify, while YGLD is a Gold fund actively managed by Simplify. Both are actively managed. Over the past year, RFIX returned -15.77% vs 8.94% for YGLD. Their 0.00 correlation means their historical movements had little consistent relationship. Both charge a 0.50% expense ratio.

Performance

RFIX vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Bond Bull ETF (RFIX) and Simplify Gold Strategy PLUS Income ETF (YGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RFIX achieves a 4.85% return, which is significantly higher than YGLD's -19.95% return.

RFIX

• 1D: 0.12%
• 1M: -2.47%
• 6M: 5.09%
• YTD: 4.85%
• 1Y: -15.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -22.51%

YGLD

• 1D: -1.08%
• 1M: -4.15%
• 6M: -31.33%
• YTD: -19.95%
• 1Y: 8.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
RFIX Simplify Bond Bull ETF	$6.74M	$8.71M	$16.93M
YGLD Simplify Gold Strategy PLUS Income ETF	$343.14K	$346.41K	$504.18K

RFIX vs. YGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RFIX Simplify Bond Bull ETF	4.85%	-28.43%	-12.22%
YGLD Simplify Gold Strategy PLUS Income ETF	-19.95%	96.82%	-4.47%

Correlation

The correlation between RFIX and YGLD is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.07
Correlation (All Time) Calculated using the full available price history since Dec 10, 2024	0.00

Return for Risk

RFIX vs. YGLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RFIX

RFIX Risk / Return Rank: 4
RFIX Sharpe Ratio Rank: 5
RFIX Sortino Ratio Rank: 5
RFIX Omega Ratio Rank: 5
RFIX Calmar Ratio Rank: 4
RFIX Martin Ratio Rank: 3

YGLD

YGLD Risk / Return Rank: 17
YGLD Sharpe Ratio Rank: 17
YGLD Sortino Ratio Rank: 19
YGLD Omega Ratio Rank: 20
YGLD Calmar Ratio Rank: 15
YGLD Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RFIX vs. YGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Bond Bull ETF (RFIX) and Simplify Gold Strategy PLUS Income ETF (YGLD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RFIX	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	-0.50	0.27	-0.77
Sortino ratio: Return per unit of downside risk	-0.55	0.62	-1.18
Omega ratio: Gain probability vs. loss probability	0.94	1.09	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.68	0.27	-0.94
Martin ratio: Return relative to average drawdown	-1.20	0.53	-1.73

RFIX vs. YGLD - Sharpe Ratio Comparison

The current RFIX Sharpe Ratio is -0.50, which is lower than the YGLD Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of RFIX and YGLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RFIX vs. YGLD - Drawdown Comparison

The maximum RFIX drawdown since its inception was -38.79%, smaller than the maximum YGLD drawdown of -43.35%. Use the drawdown chart below to compare losses from any high point for RFIX and YGLD.

Drawdown Indicators

	RFIX	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-38.79%	-43.35%	+4.56%
Max Drawdown (1Y) Largest decline over 1 year	-21.63%	-43.35%	+21.72%
Current Drawdown Current decline from peak	-34.21%	-42.24%	+8.03%
Average Drawdown Average peak-to-trough decline	-24.89%	-11.00%	-13.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.18%	21.81%	-9.63%

Volatility

RFIX vs. YGLD - Volatility Comparison

The current volatility for Simplify Bond Bull ETF (RFIX) is 6.23%, while Simplify Gold Strategy PLUS Income ETF (YGLD) has a volatility of 9.12%. This indicates that RFIX experiences smaller price fluctuations and is considered to be less risky than YGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RFIX	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	9.12%	-2.89%
Volatility (6M) Calculated over the trailing 6-month period	20.46%	34.73%	-14.27%
Volatility (1Y) Calculated over the trailing 1-year period	29.41%	42.37%	-12.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.63%	39.04%	-8.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.63%	39.04%	-8.41%

RFIX vs. YGLD - Expense Ratio Comparison

Both RFIX and YGLD have an expense ratio of 0.50%.

Dividends

RFIX vs. YGLD - Dividend Comparison

RFIX's dividend yield for the trailing twelve months is around 4.36%, less than YGLD's 22.88% yield.

Position	TTM	2025
RFIX Simplify Bond Bull ETF	4.36%	5.07%
YGLD Simplify Gold Strategy PLUS Income ETF	22.88%	12.05%

Frequently Asked Questions

Can I hold both RFIX and YGLD in my portfolio?

RFIX and YGLD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RFIX or YGLD?

YGLD has higher volatility (9.12%) compared to RFIX (6.23%). In terms of maximum drawdown, RFIX dropped -38.79% vs YGLD's -43.35%.

Which ETF is better, RFIX or YGLD?

On 1-year performance, YGLD leads with 8.94% vs -15.77% for RFIX. Both ETFs have the same 0.50% expense ratio. On volatility, RFIX has been the lower-risk option at 6.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RFIX or YGLD?

Over the 1-year period, YGLD has performed better with a 8.94% return vs -15.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RFIX or YGLD?

RFIX and YGLD have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, RFIX or YGLD?

YGLD has the higher dividend yield at 22.88%, compared with 4.36% for RFIX.

What is the main difference between RFIX and YGLD?

RFIX is categorized as Nontraditional Bonds, while YGLD is Gold.

Which has better risk-adjusted returns?

YGLD currently has the higher Sharpe Ratio (0.27 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.