Correlation
The correlation between SIVIX and SVOL is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
SIVIX vs. SVOL
Compare and contrast key facts about State Street Institutional Small-Cap Equity Fund (SIVIX) and Simplify Volatility Premium ETF (SVOL).
SIVIX is managed by State Street Global Advisors. It was launched on Aug 3, 1998. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SIVIX or SVOL.
Performance
SIVIX vs. SVOL - Performance Comparison
Loading data...
Key characteristics
SIVIX:
0.11
SVOL:
-0.21
SIVIX:
0.29
SVOL:
-0.08
SIVIX:
1.04
SVOL:
0.99
SIVIX:
0.07
SVOL:
-0.25
SIVIX:
0.22
SVOL:
-0.94
SIVIX:
8.77%
SVOL:
8.83%
SIVIX:
22.86%
SVOL:
37.26%
SIVIX:
-56.52%
SVOL:
-33.50%
SIVIX:
-13.05%
SVOL:
-13.57%
Returns By Period
In the year-to-date period, SIVIX achieves a -5.71% return, which is significantly higher than SVOL's -9.14% return.
SIVIX
-5.71%
5.89%
-12.41%
2.53%
6.14%
11.27%
7.76%
SVOL
-9.14%
7.79%
-11.78%
-7.82%
7.81%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SIVIX vs. SVOL - Expense Ratio Comparison
SIVIX has a 0.75% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
SIVIX vs. SVOL — Risk-Adjusted Performance Rank
SIVIX
SVOL
SIVIX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Institutional Small-Cap Equity Fund (SIVIX) and Simplify Volatility Premium ETF (SVOL). 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.
Loading data...
Dividends
SIVIX vs. SVOL - Dividend Comparison
SIVIX's dividend yield for the trailing twelve months is around 11.66%, less than SVOL's 19.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SIVIX State Street Institutional Small-Cap Equity Fund | 11.66% | 10.99% | 7.77% | 4.88% | 16.56% | 3.16% | 6.27% | 19.92% | 9.35% | 3.38% | 13.07% | 11.34% |
SVOL Simplify Volatility Premium ETF | 19.18% | 16.79% | 16.37% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SIVIX vs. SVOL - Drawdown Comparison
The maximum SIVIX drawdown since its inception was -56.52%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for SIVIX and SVOL.
Loading data...
Volatility
SIVIX vs. SVOL - Volatility Comparison
The current volatility for State Street Institutional Small-Cap Equity Fund (SIVIX) is 6.25%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 17.75%. This indicates that SIVIX experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...