SPD vs. VTV
Compare and contrast key facts about Simplify US Equity PLUS Downside Convexity ETF (SPD) and Vanguard Value ETF (VTV).
SPD and VTV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPD is an actively managed fund by Simplify Asset Management Inc.. It was launched on Sep 3, 2020. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPD or VTV.
Key characteristics
| SPD | VTV | |
|---|---|---|
| YTD Return | 21.78% | 22.01% |
| 1Y Return | 31.19% | 33.46% |
| 3Y Return (Ann) | 3.65% | 10.03% |
| Sharpe Ratio | 3.02 | 3.39 |
| Sortino Ratio | 4.20 | 4.76 |
| Omega Ratio | 1.55 | 1.63 |
| Calmar Ratio | 1.89 | 5.86 |
| Martin Ratio | 17.37 | 22.10 |
| Ulcer Index | 1.91% | 1.58% |
| Daily Std Dev | 10.93% | 10.25% |
| Max Drawdown | -27.38% | -59.27% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SPD and VTV is 0.75, 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.
Performance
SPD vs. VTV - Performance Comparison
The year-to-date returns for both investments are quite close, with SPD having a 21.78% return and VTV slightly higher at 22.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPD vs. VTV - Expense Ratio Comparison
SPD has a 0.28% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
SPD vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS Downside Convexity ETF (SPD) and Vanguard Value ETF (VTV). 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.
Dividends
SPD vs. VTV - Dividend Comparison
SPD's dividend yield for the trailing twelve months is around 1.26%, less than VTV's 2.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPD Simplify US Equity PLUS Downside Convexity ETF | 1.26% | 1.91% | 1.65% | 0.88% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTV Vanguard Value ETF | 2.21% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
SPD vs. VTV - Drawdown Comparison
The maximum SPD drawdown since its inception was -27.38%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for SPD and VTV. For additional features, visit the drawdowns tool.
Volatility
SPD vs. VTV - Volatility Comparison
Simplify US Equity PLUS Downside Convexity ETF (SPD) and Vanguard Value ETF (VTV) have volatilities of 3.55% and 3.64%, 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.