SDMF vs. FVD
SDMF (Simplify DBi CTA Managed Futures Index ETF) and FVD (First Trust Value Line Dividend Index Fund) are both exchange-traded funds - SDMF is a Systematic Trend fund tracking the DBi CTA Managed Futures Index, while FVD is a Mid Cap Value Equities fund tracking the Value Line Dividend Index. Both are passively managed. Their -0.23 correlation means they have often moved in opposite directions in the past. SDMF charges 0.35%/yr vs 0.61%/yr for FVD.
Performance
SDMF vs. FVD - Performance Comparison
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Returns By Period
SDMF
- 1D
- 1.66%
- 1M
- 3.21%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FVD
- 1D
- -0.18%
- 1M
- 1.52%
- 6M
- 5.94%
- YTD
- 10.07%
- 1Y
- 14.68%
- 3Y*
- 9.72%
- 5Y*
- 6.75%
- 10Y*
- 8.75%
- ALL TIME*
- 9.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $21.15M | $21.63M | $33.04M | |
| $589.61K | $841.42K | $693.99K |
SDMF vs. FVD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SDMF Simplify DBi CTA Managed Futures Index ETF | 3.49% |
FVD First Trust Value Line Dividend Index Fund | 2.74% |
Correlation
The correlation between SDMF and FVD is -0.23, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026 | -0.23 |
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Return for Risk
SDMF vs. FVD — Risk / Return Rank
SDMF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FVD
SDMF vs. FVD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify DBi CTA Managed Futures Index ETF (SDMF) and First Trust Value Line Dividend Index Fund (FVD). 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.
| SDMF | FVD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.99 | — |
| Martin ratioReturn relative to average drawdown | — | 5.07 | — |
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Drawdowns
SDMF vs. FVD - Drawdown Comparison
The maximum SDMF drawdown since its inception was -6.23%, smaller than the maximum FVD drawdown of -51.00%. Use the drawdown chart below to compare losses from any high point for SDMF and FVD.
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Drawdown Indicators
| SDMF | FVD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.23% | -51.00% | +44.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.25% | — |
Current DrawdownCurrent decline from peak | -0.31% | -1.72% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -2.01% | -5.42% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.83% | — |
Volatility
SDMF vs. FVD - Volatility Comparison
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Volatility by Period
| SDMF | FVD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.51% | 10.14% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.51% | 12.84% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.51% | 15.47% | -2.96% |
SDMF vs. FVD - Expense Ratio Comparison
SDMF has a 0.35% expense ratio, which is lower than FVD's 0.61% expense ratio.
Dividends
SDMF vs. FVD - Dividend Comparison
SDMF's dividend yield for the trailing twelve months is around 0.38%, less than FVD's 2.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.23% | 2.36% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.34% |
SDMF Simplify DBi CTA Managed Futures Index ETF | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SDMF and FVD have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SDMF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SDMF is cheaper with a 0.35% expense ratio, compared with 0.61% for FVD.
FVD has the higher dividend yield at 2.23%, compared with 0.38% for SDMF.
SDMF is categorized as Systematic Trend, while FVD is Mid Cap Value Equities. SDMF tracks DBi CTA Managed Futures Index, while FVD tracks Value Line Dividend Index. They also come from different issuers: Simplify and First Trust. Their fees differ too: 0.35% for SDMF and 0.61% for FVD.
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