SBAR vs. XV

Last updated Apr 1, 2026

Compare and contrast key facts about Simplify Barrier Income ETF (SBAR) and Simplify Target 15 Distribution ETF (XV).

SBAR and XV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBAR is an actively managed fund by Simplify. It was launched on Apr 14, 2025. XV is an actively managed fund by Simplify. It was launched on Apr 14, 2025.

Performance

SBAR vs. XV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Barrier Income ETF (SBAR) and Simplify Target 15 Distribution ETF (XV). The values are adjusted to include any dividend payments, if applicable.

SBAR vs. XV - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	-3.29%	13.80%
XV Simplify Target 15 Distribution ETF	-3.59%	16.13%

Returns By Period

In the year-to-date period, SBAR achieves a -3.29% return, which is significantly higher than XV's -3.59% return.

SBAR

• 1D: 0.99%
• 1M: -3.40%
• YTD: -3.29%
• 6M: -0.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XV

• 1D: 0.68%
• 1M: -3.77%
• YTD: -3.59%
• 6M: -1.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SBAR vs. XV - Expense Ratio Comparison

Both SBAR and XV have an expense ratio of 0.75%.

SBAR

Simplify Barrier Income ETF

XV

Simplify Target 15 Distribution ETF

Return for Risk

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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SBAR	XV	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	1.11	-0.07

Correlation

The correlation between SBAR and XV is 0.71, 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.

Dividends

SBAR vs. XV - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.31%, less than XV's 18.89% yield.

	TTM	2025
SBAR Simplify Barrier Income ETF	12.31%	8.56%
XV Simplify Target 15 Distribution ETF	18.89%	13.87%

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.

Drawdown Indicators

	SBAR	XV	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-5.73%	+0.41%
Current Drawdown Current decline from peak	-4.39%	-5.09%	+0.70%
Average Drawdown Average peak-to-trough decline	-0.94%	-0.99%	+0.05%

Volatility

Volatility by Period

	SBAR	XV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.15%	11.34%	-1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.15%	11.34%	-1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.15%	11.34%	-1.19%