SIMS vs. IMFL

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco International Developed Dynamic Multifactor ETF (IMFL).

SIMS and IMFL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SIMS is a passively managed fund by State Street that tracks the performance of the S&P Kensho Intelligent Infrastructure Index. It was launched on Dec 26, 2017. IMFL is a passively managed fund by Invesco that tracks the performance of the FTSE Developed ex US Invesco Dynamic Multifactor Index. It was launched on Feb 24, 2021. Both SIMS and IMFL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SIMS vs. IMFL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco International Developed Dynamic Multifactor ETF (IMFL). The values are adjusted to include any dividend payments, if applicable.

SIMS vs. IMFL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SIMS SPDR S&P Kensho Intelligent Structures ETF	1.02%	23.75%	-0.27%	7.43%	-27.13%	-0.58%
IMFL Invesco International Developed Dynamic Multifactor ETF	8.63%	30.89%	-3.57%	25.51%	-17.32%	6.94%

Returns By Period

In the year-to-date period, SIMS achieves a 1.02% return, which is significantly lower than IMFL's 8.63% return.

SIMS

• 1D: 0.62%
• 1M: -5.94%
• YTD: 1.02%
• 6M: -1.51%
• 1Y: 37.13%
• 3Y*: 7.94%
• 5Y*: -0.57%
• 10Y*: —

IMFL

• 1D: 1.30%
• 1M: -5.40%
• YTD: 8.63%
• 6M: 16.70%
• 1Y: 34.54%
• 3Y*: 15.02%
• 5Y*: 8.13%
• 10Y*: —

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

SIMS vs. IMFL - Expense Ratio Comparison

SIMS has a 0.45% expense ratio, which is higher than IMFL's 0.34% expense ratio.

SIMS

SPDR S&P Kensho Intelligent Structures ETF

IMFL

Invesco International Developed Dynamic Multifactor ETF

Return for Risk

SIMS vs. IMFL — Risk / Return Rank

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

SIMS

SIMS Risk / Return Rank: 69
SIMS Sharpe Ratio Rank: 72
SIMS Sortino Ratio Rank: 71
SIMS Omega Ratio Rank: 66
SIMS Calmar Ratio Rank: 79
SIMS Martin Ratio Rank: 57

IMFL

IMFL Risk / Return Rank: 89
IMFL Sharpe Ratio Rank: 90
IMFL Sortino Ratio Rank: 91
IMFL Omega Ratio Rank: 90
IMFL Calmar Ratio Rank: 87
IMFL Martin Ratio Rank: 87

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.

SIMS vs. IMFL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco International Developed Dynamic Multifactor ETF (IMFL). 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.

	SIMS	IMFL	Difference
Sharpe ratio Return per unit of total volatility	1.35	2.09	-0.73
Sortino ratio Return per unit of downside risk	1.89	2.71	-0.82
Omega ratio Gain probability vs. loss probability	1.26	1.39	-0.14
Calmar ratio Return relative to maximum drawdown	2.39	2.96	-0.57
Martin ratio Return relative to average drawdown	6.11	11.45	-5.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SIMS vs. IMFL - Sharpe Ratio Comparison

The current SIMS Sharpe Ratio is 1.35, which is lower than the IMFL Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of SIMS and IMFL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SIMS	IMFL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.35	2.09	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	0.51	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.54	-0.34

Correlation

The correlation between SIMS and IMFL is 0.65, 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

SIMS vs. IMFL - Dividend Comparison

SIMS's dividend yield for the trailing twelve months is around 0.64%, less than IMFL's 3.11% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SIMS SPDR S&P Kensho Intelligent Structures ETF	0.64%	0.66%	0.88%	1.49%	1.48%	0.97%	0.58%	1.24%	0.85%
IMFL Invesco International Developed Dynamic Multifactor ETF	3.11%	2.88%	3.56%	3.85%	3.35%	3.94%	0.00%	0.00%	0.00%

Drawdowns

SIMS vs. IMFL - Drawdown Comparison

The maximum SIMS drawdown since its inception was -43.97%, which is greater than IMFL's maximum drawdown of -33.26%. Use the drawdown chart below to compare losses from any high point for SIMS and IMFL.

Drawdown Indicators

	SIMS	IMFL	Difference
Max Drawdown Largest peak-to-trough decline	-43.97%	-33.26%	-10.71%
Max Drawdown (1Y) Largest decline over 1 year	-15.79%	-11.77%	-4.02%
Max Drawdown (5Y) Largest decline over 5 years	-43.97%	-33.26%	-10.71%
Current Drawdown Current decline from peak	-11.09%	-7.51%	-3.58%
Average Drawdown Average peak-to-trough decline	-16.33%	-7.37%	-8.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.18%	3.04%	+3.14%

Volatility

SIMS vs. IMFL - Volatility Comparison

SPDR S&P Kensho Intelligent Structures ETF (SIMS) and Invesco International Developed Dynamic Multifactor ETF (IMFL) have volatilities of 7.11% and 7.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SIMS	IMFL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.11%	7.34%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	19.68%	11.89%	+7.79%
Volatility (1Y) Calculated over the trailing 1-year period	27.54%	16.63%	+10.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.08%	15.90%	+9.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.17%	15.87%	+10.30%