SBAR vs. YGLD

Last updated Aug 4, 2026

SBAR (Simplify Barrier Income ETF) and YGLD (Simplify Gold Strategy PLUS Income ETF) are both exchange-traded funds - SBAR is a Derivative Income fund actively managed by Simplify, while YGLD is a Gold fund actively managed by Simplify. Both are actively managed. Over the past year, SBAR returned 10.72% vs 9.43% for YGLD. Their 0.12 correlation means their historical movements had little consistent relationship. SBAR charges 0.75%/yr vs 0.50%/yr for YGLD.

Performance

SBAR vs. YGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Barrier Income ETF (SBAR) 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, SBAR achieves a 4.15% return, which is significantly higher than YGLD's -19.59% return.

SBAR

• 1D: 0.47%
• 1M: 0.44%
• 6M: 3.24%
• YTD: 4.15%
• 1Y: 10.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.96%

YGLD

• 1D: 0.45%
• 1M: -3.71%
• 6M: -26.53%
• YTD: -19.59%
• 1Y: 9.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 28.36%

*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)
SBAR Simplify Barrier Income ETF	$3.24M	$2.83M	$3.90M
YGLD Simplify Gold Strategy PLUS Income ETF	$361.73K	$352.45K	$498.49K

SBAR vs. YGLD - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	4.15%	13.80%
YGLD Simplify Gold Strategy PLUS Income ETF	-19.59%	42.93%

Correlation

The correlation between SBAR and YGLD is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (All Time) Calculated using the full available price history since Apr 15, 2025	0.12

The correlation between SBAR and YGLD shifts across timeframes, from 0.12 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SBAR vs. YGLD — Risk / Return Rank

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

SBAR

SBAR Risk / Return Rank: 54
SBAR Sharpe Ratio Rank: 52
SBAR Sortino Ratio Rank: 54
SBAR Omega Ratio Rank: 47
SBAR Calmar Ratio Rank: 55
SBAR Martin Ratio Rank: 63

YGLD

YGLD Risk / Return Rank: 16
YGLD Sharpe Ratio Rank: 16
YGLD Sortino Ratio Rank: 18
YGLD Omega Ratio Rank: 19
YGLD Calmar Ratio Rank: 15
YGLD Martin Ratio Rank: 14

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.

SBAR vs. YGLD - Risk-Adjusted Trends Comparison

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

	SBAR	YGLD	Difference
Sharpe ratio: Return per unit of total volatility	1.32	0.22	+1.10
Sortino ratio: Return per unit of downside risk	1.95	0.57	+1.39
Omega ratio: Gain probability vs. loss probability	1.23	1.08	+0.15
Calmar ratio: Return relative to maximum drawdown	2.02	0.22	+1.80
Martin ratio: Return relative to average drawdown	7.91	0.43	+7.48

SBAR vs. YGLD - Sharpe Ratio Comparison

The current SBAR Sharpe Ratio is 1.32, which is higher than the YGLD Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of SBAR 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

SBAR vs. YGLD - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum YGLD drawdown of -43.35%. Use the drawdown chart below to compare losses from any high point for SBAR and YGLD.

Drawdown Indicators

	SBAR	YGLD	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-43.35%	+38.03%
Max Drawdown (1Y) Largest decline over 1 year	-5.32%	-43.35%	+38.03%
Current Drawdown Current decline from peak	-0.34%	-41.97%	+41.63%
Average Drawdown Average peak-to-trough decline	-0.90%	-11.07%	+10.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.36%	21.97%	-20.61%

Volatility

SBAR vs. YGLD - Volatility Comparison

The current volatility for Simplify Barrier Income ETF (SBAR) is 2.89%, while Simplify Gold Strategy PLUS Income ETF (YGLD) has a volatility of 8.41%. This indicates that SBAR 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

	SBAR	YGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	8.41%	-5.52%
Volatility (6M) Calculated over the trailing 6-month period	6.36%	30.62%	-24.26%
Volatility (1Y) Calculated over the trailing 1-year period	8.17%	42.39%	-34.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.80%	38.99%	-29.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.80%	38.99%	-29.19%

SBAR vs. YGLD - Expense Ratio Comparison

SBAR has a 0.75% expense ratio, which is higher than YGLD's 0.50% expense ratio.

Dividends

SBAR vs. YGLD - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.51%, less than YGLD's 22.77% yield.

Position	TTM	2025
SBAR Simplify Barrier Income ETF	12.51%	8.56%
YGLD Simplify Gold Strategy PLUS Income ETF	22.77%	12.05%

Frequently Asked Questions

Can I hold both SBAR and YGLD in my portfolio?

SBAR and YGLD have a correlation of 0.24, 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 YGLD?

YGLD has higher volatility (8.41%) compared to SBAR (2.89%). In terms of maximum drawdown, SBAR dropped -5.32% vs YGLD's -43.35%.

Which ETF is better, SBAR or YGLD?

On 1-year performance, SBAR leads with 10.72% vs 9.43% for YGLD. On fees, YGLD is cheaper at 0.50% per year. On volatility, SBAR has been the lower-risk option at 2.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SBAR or YGLD?

Over the 1-year period, SBAR has performed better with a 10.72% return vs 9.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SBAR or YGLD?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.75% for SBAR.

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

YGLD has the higher dividend yield at 22.77%, compared with 12.51% for SBAR.

What is the main difference between SBAR and YGLD?

SBAR is categorized as Derivative Income, while YGLD is Gold. Their fees differ too: 0.75% for SBAR and 0.50% for YGLD.

Which has better risk-adjusted returns?

SBAR currently has the higher Sharpe Ratio (1.32 vs 0.22), 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.