SPD vs. XBI
Compare and contrast key facts about Simplify US Equity PLUS Downside Convexity ETF (SPD) and SPDR S&P Biotech ETF (XBI).
SPD and XBI 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. XBI is a passively managed fund by State Street that tracks the performance of the S&P Biotechnology Select Industry Index. It was launched on Feb 6, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPD or XBI.
Correlation
The correlation between SPD and XBI is 0.51, 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.
Performance
SPD vs. XBI - Performance Comparison
Key characteristics
SPD:
0.48
XBI:
-0.64
SPD:
1.04
XBI:
-0.76
SPD:
1.14
XBI:
0.91
SPD:
0.74
XBI:
-0.29
SPD:
2.71
XBI:
-1.73
SPD:
4.12%
XBI:
9.94%
SPD:
23.13%
XBI:
26.84%
SPD:
-27.38%
XBI:
-63.89%
SPD:
-3.28%
XBI:
-57.20%
Returns By Period
In the year-to-date period, SPD achieves a 1.70% return, which is significantly higher than XBI's -17.46% return.
SPD
1.70%
9.76%
1.24%
12.02%
N/A
N/A
XBI
-17.46%
-13.53%
-24.67%
-15.55%
-2.18%
-0.28%
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SPD vs. XBI - Expense Ratio Comparison
SPD has a 0.28% expense ratio, which is lower than XBI's 0.35% expense ratio.
Risk-Adjusted Performance
SPD vs. XBI — Risk-Adjusted Performance Rank
SPD
XBI
SPD vs. XBI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS Downside Convexity ETF (SPD) and SPDR S&P Biotech ETF (XBI). 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. XBI - Dividend Comparison
SPD's dividend yield for the trailing twelve months is around 1.06%, more than XBI's 0.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPD Simplify US Equity PLUS Downside Convexity ETF | 1.06% | 1.14% | 1.91% | 1.65% | 0.88% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XBI SPDR S&P Biotech ETF | 0.19% | 0.15% | 0.02% | 0.00% | 0.04% | 0.20% | 0.00% | 0.28% | 0.24% | 0.26% | 0.61% | 1.07% |
Drawdowns
SPD vs. XBI - Drawdown Comparison
The maximum SPD drawdown since its inception was -27.38%, smaller than the maximum XBI drawdown of -63.89%. Use the drawdown chart below to compare losses from any high point for SPD and XBI. For additional features, visit the drawdowns tool.
Volatility
SPD vs. XBI - Volatility Comparison
Simplify US Equity PLUS Downside Convexity ETF (SPD) has a higher volatility of 18.58% compared to SPDR S&P Biotech ETF (XBI) at 14.69%. This indicates that SPD's price experiences larger fluctuations and is considered to be riskier than XBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with SPD or XBI
Recent discussions
technical support
Marcus Crahan
Feature idea - suggesting new diversified best risk/return options for a portfolio ?
Hi Dimitry,
Do you have any plans to add recommended instruments that will provide better diversification and risk/return for a portfolio like some other sites do ? They claim to do this based on expected future performance, but even based on past performance and past diversification may be a good start ?
RB
Getting Historical Performance - capped by available data?
Silverback