SPQ vs. SVOL

Last updated Apr 1, 2026

Compare and contrast key facts about Simplify US Equity Plus QIS ETF (SPQ) and Simplify Volatility Premium ETF (SVOL).

SPQ and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPQ is an actively managed fund by Simplify. It was launched on Nov 13, 2023. SVOL is an actively managed fund by Simplify. It was launched on May 12, 2021.

Performance

SPQ vs. SVOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify US Equity Plus QIS ETF (SPQ) and Simplify Volatility Premium ETF (SVOL). The values are adjusted to include any dividend payments, if applicable.

SPQ vs. SVOL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPQ Simplify US Equity Plus QIS ETF	0.00%	-4.67%	20.38%	5.51%
SVOL Simplify Volatility Premium ETF	-7.92%	2.41%	6.77%	2.93%

Returns By Period

SPQ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SVOL

• 1D: 1.52%
• 1M: -6.10%
• YTD: -7.92%
• 6M: -5.42%
• 1Y: 3.66%
• 3Y*: 6.05%
• 5Y*: —
• 10Y*: —

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

SPQ vs. SVOL - Expense Ratio Comparison

SPQ has a 1.00% expense ratio, which is higher than SVOL's 0.50% expense ratio.

SPQ

Simplify US Equity Plus QIS ETF

SVOL

Simplify Volatility Premium ETF

Return for Risk

SPQ vs. SVOL — Risk / Return Rank

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

SVOL

SVOL Risk / Return Rank: 17
SVOL Sharpe Ratio Rank: 15
SVOL Sortino Ratio Rank: 19
SVOL Omega Ratio Rank: 20
SVOL Calmar Ratio Rank: 16
SVOL Martin Ratio Rank: 17

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.

SPQ vs. SVOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity Plus QIS ETF (SPQ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SPQ	SVOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.28	—

Correlation

The correlation between SPQ and SVOL is 0.48, 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

SPQ vs. SVOL - Dividend Comparison

SPQ has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 23.14%.

	TTM	2025	2024	2023	2022	2021
SPQ Simplify US Equity Plus QIS ETF	0.00%	0.31%	17.17%	1.68%	0.00%	0.00%
SVOL Simplify Volatility Premium ETF	23.14%	19.82%	16.79%	16.36%	18.32%	4.65%

Drawdowns

Drawdown Indicators

	SPQ	SVOL	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.50%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-24.73%	—
Current Drawdown Current decline from peak	—	-10.30%	—
Average Drawdown Average peak-to-trough decline	—	-4.74%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.46%	—

Volatility

Volatility by Period

	SPQ	SVOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	38.84%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.28%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.28%	—