SBAR vs. XV
SBAR (Simplify Barrier Income ETF) and XV (Simplify Target 15 Distribution ETF) are both Derivative Income funds from Simplify. Both are actively managed. Over the past year, SBAR returned 12.96% vs 13.44% for XV. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
SBAR vs. XV - Performance Comparison
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Returns By Period
In the year-to-date period, SBAR achieves a 3.89% return, which is significantly lower than XV's 4.45% return.
SBAR
- 1D
- 0.90%
- 1M
- 1.93%
- YTD
- 3.89%
- 6M
- 3.85%
- 1Y
- 12.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XV
- 1D
- -0.06%
- 1M
- 1.80%
- YTD
- 4.45%
- 6M
- 3.07%
- 1Y
- 13.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SBAR vs. XV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SBAR Simplify Barrier Income ETF | 3.89% | 13.80% |
XV Simplify Target 15 Distribution ETF | 4.45% | 16.13% |
Correlation
The correlation between SBAR and XV is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025 | 0.71 |
The correlation between SBAR and XV has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.
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Return for Risk
SBAR vs. XV — Risk / Return Rank
SBAR
XV
SBAR vs. XV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) and Simplify Target 15 Distribution ETF (XV). 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 | XV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.26 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 2.35 | +0.09 |
| Martin ratioReturn relative to average drawdown | 9.05 | 8.89 | +0.16 |
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Drawdowns
SBAR vs. XV - Drawdown Comparison
The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum XV drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for SBAR and XV.
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Drawdown Indicators
| SBAR | XV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.32% | -5.73% | +0.41% |
Max Drawdown (1Y)Largest decline over 1 year | -5.32% | -5.73% | +0.41% |
Current DrawdownCurrent decline from peak | 0.00% | -0.06% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -0.92% | -0.98% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | 1.52% | -0.08% |
Volatility
SBAR vs. XV - Volatility Comparison
The current volatility for Simplify Barrier Income ETF (SBAR) is 2.76%, while Simplify Target 15 Distribution ETF (XV) has a volatility of 3.17%. This indicates that SBAR experiences smaller price fluctuations and is considered to be less risky than XV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBAR | XV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 3.17% | -0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 5.77% | 6.44% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.82% | 9.17% | -0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.83% | 10.87% | -1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.83% | 10.87% | -1.04% |
SBAR vs. XV - Expense Ratio Comparison
Both SBAR and XV have an expense ratio of 0.75%.
Dividends
SBAR vs. XV - Dividend Comparison
SBAR's dividend yield for the trailing twelve months is around 12.53%, less than XV's 18.99% yield.
| Position | TTM | 2025 |
|---|---|---|
SBAR Simplify Barrier Income ETF | 12.53% | 8.56% |
XV Simplify Target 15 Distribution ETF | 18.99% | 13.87% |
Frequently Asked Questions
SBAR and XV have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XV has higher volatility (3.17%) compared to SBAR (2.76%). In terms of maximum drawdown, SBAR dropped -5.32% vs XV's -5.73%.
On 1-year performance, XV leads with 13.44% vs 12.96% for SBAR. Both ETFs have the same 0.75% expense ratio. On volatility, SBAR has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XV has performed better with a 13.44% return vs 12.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SBAR and XV have the same expense ratio: 0.75% per year.
XV has the higher dividend yield at 18.99%, compared with 12.53% for SBAR.
SBAR currently has the higher Sharpe Ratio (1.48 vs 1.47), 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.
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