SBAR vs. PIT

Last updated Jun 24, 2026

SBAR (Simplify Barrier Income ETF) and PIT (VanEck Commodity Strategy ETF) are both exchange-traded funds - SBAR is a Derivative Income fund actively managed by Simplify, while PIT is a Commodities fund actively managed by VanEck. Both are actively managed. Over the past year, SBAR returned 10.95% vs 39.64% for PIT. At a correlation of -0.10, they often move in opposite directions. SBAR charges 0.75%/yr vs 0.55%/yr for PIT.

Performance

SBAR vs. PIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Barrier Income ETF (SBAR) and VanEck Commodity Strategy ETF (PIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBAR achieves a 3.13% return, which is significantly lower than PIT's 25.62% return.

SBAR

• 1D: -0.74%
• 1M: 1.18%
• YTD: 3.13%
• 6M: 2.89%
• 1Y: 10.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PIT

• 1D: -1.32%
• 1M: -11.78%
• YTD: 25.62%
• 6M: 23.58%
• 1Y: 39.64%
• 3Y*: 18.98%
• 5Y*: —
• 10Y*: —

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

SBAR vs. PIT - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	3.13%	13.80%
PIT VanEck Commodity Strategy ETF	25.62%	20.33%

Correlation

The correlation between SBAR and PIT is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025	-0.10

Return for Risk

SBAR vs. PIT — Risk / Return Rank

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

SBAR

SBAR Risk / Return Rank: 40
SBAR Sharpe Ratio Rank: 37
SBAR Sortino Ratio Rank: 36
SBAR Omega Ratio Rank: 34
SBAR Calmar Ratio Rank: 43
SBAR Martin Ratio Rank: 48

PIT

PIT Risk / Return Rank: 57
PIT Sharpe Ratio Rank: 59
PIT Sortino Ratio Rank: 52
PIT Omega Ratio Rank: 56
PIT Calmar Ratio Rank: 56
PIT Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBAR vs. PIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) and VanEck Commodity Strategy ETF (PIT). 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.

	SBAR	PIT	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.85	-0.60
Sortino ratio: Return per unit of downside risk	1.83	2.40	-0.56
Omega ratio: Gain probability vs. loss probability	1.22	1.33	-0.11
Calmar ratio: Return relative to maximum drawdown	2.06	2.62	-0.56
Martin ratio: Return relative to average drawdown	7.64	10.88	-3.24

SBAR vs. PIT - Sharpe Ratio Comparison

The current SBAR Sharpe Ratio is 1.25, which is lower than the PIT Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of SBAR and PIT, 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

SBAR vs. PIT - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum PIT drawdown of -15.19%. Use the drawdown chart below to compare losses from any high point for SBAR and PIT.

Drawdown Indicators

	SBAR	PIT	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-15.19%	+9.87%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	-15.19%	+9.87%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.19%	—
Current Drawdown Current decline from peak	-0.74%	-15.19%	+14.45%
Average Drawdown Average peak-to-trough decline	-0.92%	-4.08%	+3.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	3.66%	-2.22%

Volatility

SBAR vs. PIT - Volatility Comparison

The current volatility for Simplify Barrier Income ETF (SBAR) is 2.73%, while VanEck Commodity Strategy ETF (PIT) has a volatility of 4.72%. This indicates that SBAR experiences smaller price fluctuations and is considered to be less risky than PIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SBAR	PIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.73%	4.72%	-1.99%
Volatility (6M) Calculated over the trailing 6-month period	5.75%	19.40%	-13.65%
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	21.66%	-12.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.84%	17.50%	-7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.84%	17.50%	-7.66%

SBAR vs. PIT - Expense Ratio Comparison

SBAR has a 0.75% expense ratio, which is higher than PIT's 0.55% expense ratio.

Dividends

SBAR vs. PIT - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.63%, more than PIT's 7.10% yield.

Position	TTM	2025	2024	2023
PIT VanEck Commodity Strategy ETF	7.10%	8.92%	3.59%	6.44%
SBAR Simplify Barrier Income ETF	12.63%	8.56%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SBAR and PIT in my portfolio?

SBAR and PIT have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SBAR or PIT?

PIT has higher volatility (4.72%) compared to SBAR (2.73%). In terms of maximum drawdown, SBAR dropped -5.32% vs PIT's -15.19%.

Which ETF is better, SBAR or PIT?

On 1-year performance, PIT leads with 39.64% vs 10.95% for SBAR. On fees, PIT is cheaper at 0.55% per year. On volatility, SBAR has been the lower-risk option at 2.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SBAR or PIT?

Over the 1-year period, PIT has performed better with a 39.64% return vs 10.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SBAR or PIT?

PIT is cheaper with a 0.55% expense ratio, compared with 0.75% for SBAR.

Which ETF pays a higher dividend yield, SBAR or PIT?

SBAR has the higher dividend yield at 12.63%, compared with 7.10% for PIT.

What is the main difference between SBAR and PIT?

SBAR is categorized as Derivative Income, while PIT is Commodities. They also come from different issuers: Simplify and VanEck. Their fees differ too: 0.75% for SBAR and 0.55% for PIT.

Which has better risk-adjusted returns?

PIT currently has the higher Sharpe Ratio (1.85 vs 1.25), 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.