SDVD vs. BUCK

Last updated Jun 24, 2026

SDVD (FT Vest SMID Rising Dividend Achievers Target Income ETF) and BUCK (Simplify Treasury Option Income ETF) are both exchange-traded funds - SDVD is a Derivative Income fund tracking the Nasdaq US Small-Mid Cap Rising Dividend Achievers Index, while BUCK is a Government Bonds fund actively managed by Simplify. SDVD is passively managed, while BUCK is actively managed. Over the past year, SDVD returned 22.08% vs 6.93% for BUCK. At a 0.11 correlation, their price movements are largely independent. SDVD charges 0.85%/yr vs 0.35%/yr for BUCK.

Performance

SDVD vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDVD achieves a 10.33% return, which is significantly higher than BUCK's 2.12% return.

SDVD

• 1D: -0.13%
• 1M: 1.52%
• YTD: 10.33%
• 6M: 8.06%
• 1Y: 22.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUCK

• 1D: 0.04%
• 1M: 0.21%
• YTD: 2.12%
• 6M: 1.99%
• 1Y: 6.93%
• 3Y*: 5.24%
• 5Y*: —
• 10Y*: —

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

SDVD vs. BUCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	10.33%	8.66%	11.82%	8.76%
BUCK Simplify Treasury Option Income ETF	2.12%	4.13%	7.25%	1.61%

Correlation

The correlation between SDVD and BUCK is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (All Time) Calculated using the full available price history since Aug 10, 2023	0.11

Return for Risk

SDVD vs. BUCK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDVD

SDVD Risk / Return Rank: 52
SDVD Sharpe Ratio Rank: 49
SDVD Sortino Ratio Rank: 53
SDVD Omega Ratio Rank: 47
SDVD Calmar Ratio Rank: 56
SDVD Martin Ratio Rank: 54

BUCK

BUCK Risk / Return Rank: 86
BUCK Sharpe Ratio Rank: 77
BUCK Sortino Ratio Rank: 82
BUCK Omega Ratio Rank: 86
BUCK Calmar Ratio Rank: 90
BUCK Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDVD vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and Simplify Treasury Option Income ETF (BUCK). 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.

	SDVD	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	1.55	2.34	-0.79
Sortino ratio: Return per unit of downside risk	2.36	3.44	-1.08
Omega ratio: Gain probability vs. loss probability	1.28	1.50	-0.23
Calmar ratio: Return relative to maximum drawdown	2.53	5.32	-2.79
Martin ratio: Return relative to average drawdown	8.52	28.71	-20.19

SDVD vs. BUCK - Sharpe Ratio Comparison

The current SDVD Sharpe Ratio is 1.55, which is lower than the BUCK Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of SDVD and BUCK, 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

SDVD vs. BUCK - Drawdown Comparison

The maximum SDVD drawdown since its inception was -24.17%, which is greater than BUCK's maximum drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for SDVD and BUCK.

Drawdown Indicators

	SDVD	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-24.17%	-5.43%	-18.74%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	-1.31%	-7.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.43%	—
Current Drawdown Current decline from peak	-1.00%	-0.04%	-0.96%
Average Drawdown Average peak-to-trough decline	-4.88%	-0.49%	-4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	0.24%	+2.36%

Volatility

SDVD vs. BUCK - Volatility Comparison

FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) has a higher volatility of 3.50% compared to Simplify Treasury Option Income ETF (BUCK) at 0.28%. This indicates that SDVD's price experiences larger fluctuations and is considered to be riskier than BUCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDVD	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	0.28%	+3.22%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	1.37%	+8.98%
Volatility (1Y) Calculated over the trailing 1-year period	14.36%	2.98%	+11.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.11%	3.46%	+14.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.11%	3.46%	+14.65%

SDVD vs. BUCK - Expense Ratio Comparison

SDVD has a 0.85% expense ratio, which is higher than BUCK's 0.35% expense ratio.

Dividends

SDVD vs. BUCK - Dividend Comparison

SDVD's dividend yield for the trailing twelve months is around 8.74%, more than BUCK's 7.40% yield.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.40%	7.59%	8.84%	4.84%	0.59%
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	8.74%	8.36%	9.26%	3.18%	0.00%

Frequently Asked Questions

Can I hold both SDVD and BUCK in my portfolio?

SDVD and BUCK have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDVD or BUCK?

SDVD has higher volatility (3.50%) compared to BUCK (0.28%). In terms of maximum drawdown, SDVD dropped -24.17% vs BUCK's -5.43%.

Which ETF is better, SDVD or BUCK?

On 1-year performance, SDVD leads with 22.08% vs 6.93% for BUCK. On fees, BUCK is cheaper at 0.35% per year. On volatility, BUCK has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDVD or BUCK?

Over the 1-year period, SDVD has performed better with a 22.08% return vs 6.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDVD or BUCK?

BUCK is cheaper with a 0.35% expense ratio, compared with 0.85% for SDVD.

Which ETF pays a higher dividend yield, SDVD or BUCK?

SDVD has the higher dividend yield at 8.74%, compared with 7.40% for BUCK.

What is the main difference between SDVD and BUCK?

SDVD is categorized as Derivative Income, while BUCK is Government Bonds. They also come from different issuers: First Trust and Simplify. Their fees differ too: 0.85% for SDVD and 0.35% for BUCK.

Which has better risk-adjusted returns?

BUCK currently has the higher Sharpe Ratio (2.34 vs 1.55), 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.