RYSE vs. SVOL
Compare and contrast key facts about Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and Simplify Volatility Premium ETF (SVOL).
RYSE and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYSE is an actively managed fund by Vest. It was launched on Feb 2, 2023. 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: RYSE or SVOL.
Key characteristics
| RYSE | SVOL | |
|---|---|---|
| YTD Return | 8.75% | 9.86% |
| 1Y Return | -3.83% | 13.08% |
| Sharpe Ratio | -0.42 | 1.10 |
| Sortino Ratio | -0.50 | 1.49 |
| Omega Ratio | 0.94 | 1.28 |
| Calmar Ratio | -0.34 | 1.21 |
| Martin Ratio | -0.74 | 7.88 |
| Ulcer Index | 9.11% | 1.67% |
| Daily Std Dev | 15.96% | 11.94% |
| Max Drawdown | -19.70% | -15.68% |
| Current Drawdown | -10.29% | 0.00% |
Correlation
The correlation between RYSE and SVOL is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RYSE vs. SVOL - Performance Comparison
In the year-to-date period, RYSE achieves a 8.75% return, which is significantly lower than SVOL's 9.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RYSE vs. SVOL - Expense Ratio Comparison
RYSE has a 0.85% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
RYSE vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) 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
RYSE vs. SVOL - Dividend Comparison
RYSE's dividend yield for the trailing twelve months is around 23.16%, more than SVOL's 16.27% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF | 23.16% | 24.91% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.27% | 16.37% | 18.31% | 4.65% |
Drawdowns
RYSE vs. SVOL - Drawdown Comparison
The maximum RYSE drawdown since its inception was -19.70%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for RYSE and SVOL. For additional features, visit the drawdowns tool.
Volatility
RYSE vs. SVOL - Volatility Comparison
The current volatility for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) is 2.78%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.37%. This indicates that RYSE 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.