SPUC vs. SPY
Compare and contrast key facts about Simplify US Equity PLUS Upside Convexity ETF (SPUC) and SPDR S&P 500 ETF (SPY).
SPUC and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPUC is an actively managed fund by Simplify Asset Management Inc.. It was launched on Sep 3, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPUC or SPY.
Key characteristics
| SPUC | SPY | |
|---|---|---|
| YTD Return | 36.01% | 26.83% |
| 1Y Return | 47.12% | 34.88% |
| 3Y Return (Ann) | 10.12% | 10.16% |
| Sharpe Ratio | 2.53 | 3.08 |
| Sortino Ratio | 3.30 | 4.10 |
| Omega Ratio | 1.43 | 1.58 |
| Calmar Ratio | 3.45 | 4.46 |
| Martin Ratio | 10.56 | 20.22 |
| Ulcer Index | 4.75% | 1.85% |
| Daily Std Dev | 19.81% | 12.18% |
| Max Drawdown | -29.20% | -55.19% |
| Current Drawdown | -0.87% | -0.26% |
Correlation
The correlation between SPUC and SPY is 0.98, 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
SPUC vs. SPY - Performance Comparison
In the year-to-date period, SPUC achieves a 36.01% return, which is significantly higher than SPY's 26.83% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPUC vs. SPY - Expense Ratio Comparison
SPUC has a 0.29% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SPUC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS Upside Convexity ETF (SPUC) and SPDR S&P 500 ETF (SPY). 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
SPUC vs. SPY - Dividend Comparison
SPUC's dividend yield for the trailing twelve months is around 0.97%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPUC Simplify US Equity PLUS Upside Convexity ETF | 0.97% | 1.33% | 1.53% | 2.10% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SPUC vs. SPY - Drawdown Comparison
The maximum SPUC drawdown since its inception was -29.20%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SPUC and SPY. For additional features, visit the drawdowns tool.
Volatility
SPUC vs. SPY - Volatility Comparison
Simplify US Equity PLUS Upside Convexity ETF (SPUC) has a higher volatility of 5.52% compared to SPDR S&P 500 ETF (SPY) at 3.77%. This indicates that SPUC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.