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SPUC vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between SPUC and ^GSPC 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.


-0.50.00.51.01.0

Performance

SPUC vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify US Equity PLUS Upside Convexity ETF (SPUC) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.84%
10.26%
SPUC
^GSPC

Key characteristics

Sharpe Ratio

SPUC:

1.47

^GSPC:

2.16

Sortino Ratio

SPUC:

1.97

^GSPC:

2.87

Omega Ratio

SPUC:

1.26

^GSPC:

1.40

Calmar Ratio

SPUC:

2.17

^GSPC:

3.19

Martin Ratio

SPUC:

6.39

^GSPC:

13.87

Ulcer Index

SPUC:

4.94%

^GSPC:

1.95%

Daily Std Dev

SPUC:

21.49%

^GSPC:

12.54%

Max Drawdown

SPUC:

-29.20%

^GSPC:

-56.78%

Current Drawdown

SPUC:

-5.55%

^GSPC:

-0.82%

Returns By Period

In the year-to-date period, SPUC achieves a 31.24% return, which is significantly higher than ^GSPC's 26.63% return.


SPUC

YTD

31.24%

1M

-3.24%

6M

6.18%

1Y

31.59%

5Y*

N/A

10Y*

N/A

^GSPC

YTD

26.63%

1M

1.18%

6M

10.44%

1Y

27.03%

5Y*

13.30%

10Y*

11.23%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

SPUC vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS Upside Convexity ETF (SPUC) and S&P 500 (^GSPC). 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.


Sharpe ratio
The chart of Sharpe ratio for SPUC, currently valued at 1.47, compared to the broader market0.002.004.001.472.16
The chart of Sortino ratio for SPUC, currently valued at 1.97, compared to the broader market-2.000.002.004.006.008.0010.001.972.87
The chart of Omega ratio for SPUC, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.001.261.40
The chart of Calmar ratio for SPUC, currently valued at 2.17, compared to the broader market0.005.0010.0015.002.173.19
The chart of Martin ratio for SPUC, currently valued at 6.39, compared to the broader market0.0020.0040.0060.0080.00100.006.3913.87
SPUC
^GSPC

The current SPUC Sharpe Ratio is 1.47, which is lower than the ^GSPC Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of SPUC and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.47
2.16
SPUC
^GSPC

Drawdowns

SPUC vs. ^GSPC - Drawdown Comparison

The maximum SPUC drawdown since its inception was -29.20%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SPUC and ^GSPC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.55%
-0.82%
SPUC
^GSPC

Volatility

SPUC vs. ^GSPC - Volatility Comparison

Simplify US Equity PLUS Upside Convexity ETF (SPUC) has a higher volatility of 9.04% compared to S&P 500 (^GSPC) at 3.96%. This indicates that SPUC's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.04%
3.96%
SPUC
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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