SBIO vs. SURI
Compare and contrast key facts about ALPS Medical Breakthroughs ETF (SBIO) and Simplify Propel Opportunities ETF (SURI).
SBIO and SURI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBIO is a passively managed fund by SS&C that tracks the performance of the S-Network Medical Breakthroughs Index. It was launched on Dec 31, 2014. SURI is an actively managed fund by Simplify. It was launched on Feb 7, 2023.
Performance
SBIO vs. SURI - Performance Comparison
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SBIO vs. SURI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SBIO ALPS Medical Breakthroughs ETF | 3.20% | 55.07% | 3.81% | 4.17% |
SURI Simplify Propel Opportunities ETF | -1.98% | 28.32% | -13.34% | -2.87% |
Returns By Period
In the year-to-date period, SBIO achieves a 3.20% return, which is significantly higher than SURI's -1.98% return.
SBIO
- 1D
- 0.99%
- 1M
- 3.89%
- YTD
- 3.20%
- 6M
- 36.23%
- 1Y
- 95.78%
- 3Y*
- 26.37%
- 5Y*
- 1.76%
- 10Y*
- 9.75%
SURI
- 1D
- 0.69%
- 1M
- -5.63%
- YTD
- -1.98%
- 6M
- 7.72%
- 1Y
- 24.20%
- 3Y*
- 8.09%
- 5Y*
- —
- 10Y*
- —
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SBIO vs. SURI - Expense Ratio Comparison
SBIO has a 0.50% expense ratio, which is lower than SURI's 2.51% expense ratio.
Return for Risk
SBIO vs. SURI — Risk / Return Rank
SBIO
SURI
SBIO vs. SURI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ALPS Medical Breakthroughs ETF (SBIO) and Simplify Propel Opportunities ETF (SURI). 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.
| SBIO | SURI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.92 | 0.93 | +1.99 |
Sortino ratioReturn per unit of downside risk | 3.57 | 1.40 | +2.17 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.18 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 5.66 | 1.22 | +4.44 |
Martin ratioReturn relative to average drawdown | 19.94 | 4.06 | +15.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SBIO | SURI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.92 | 0.93 | +1.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.06 | +0.16 |
Correlation
The correlation between SBIO and SURI is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SBIO vs. SURI - Dividend Comparison
SBIO has not paid dividends to shareholders, while SURI's dividend yield for the trailing twelve months is around 17.37%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBIO ALPS Medical Breakthroughs ETF | 0.00% | 0.00% | 3.55% | 0.22% | 0.00% | 0.00% | 0.00% | 0.04% | 2.79% | 1.77% |
SURI Simplify Propel Opportunities ETF | 17.37% | 16.31% | 21.41% | 14.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SBIO vs. SURI - Drawdown Comparison
The maximum SBIO drawdown since its inception was -63.06%, which is greater than SURI's maximum drawdown of -47.76%. Use the drawdown chart below to compare losses from any high point for SBIO and SURI.
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Drawdown Indicators
| SBIO | SURI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.06% | -47.76% | -15.30% |
Max Drawdown (1Y)Largest decline over 1 year | -15.08% | -16.94% | +1.86% |
Max Drawdown (5Y)Largest decline over 5 years | -53.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.06% | — | — |
Current DrawdownCurrent decline from peak | -13.79% | -23.75% | +9.96% |
Average DrawdownAverage peak-to-trough decline | -28.70% | -17.42% | -11.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.28% | 5.08% | -0.80% |
Volatility
SBIO vs. SURI - Volatility Comparison
ALPS Medical Breakthroughs ETF (SBIO) has a higher volatility of 12.61% compared to Simplify Propel Opportunities ETF (SURI) at 6.94%. This indicates that SBIO's price experiences larger fluctuations and is considered to be riskier than SURI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBIO | SURI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.61% | 6.94% | +5.67% |
Volatility (6M)Calculated over the trailing 6-month period | 22.09% | 16.74% | +5.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.43% | 26.27% | +7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.55% | 28.61% | +4.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.34% | 28.61% | +4.73% |