SPYV vs. SPYC
Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and Simplify US Equity PLUS Convexity ETF (SPYC).
SPYV and SPYC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000. SPYC is an actively managed fund by Simplify. It was launched on Sep 3, 2020.
Performance
SPYV vs. SPYC - Performance Comparison
Loading graphics...
SPYV vs. SPYC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SPYV SPDR Portfolio S&P 500 Value ETF | 0.09% | 13.18% | 12.24% | 22.20% | -5.28% | 24.91% | 11.95% |
SPYC Simplify US Equity PLUS Convexity ETF | -6.79% | 15.31% | 22.57% | 23.98% | -25.65% | 29.26% | 9.10% |
Returns By Period
In the year-to-date period, SPYV achieves a 0.09% return, which is significantly higher than SPYC's -6.79% return.
SPYV
- 1D
- 0.12%
- 1M
- -4.32%
- YTD
- 0.09%
- 6M
- 3.04%
- 1Y
- 13.08%
- 3Y*
- 13.89%
- 5Y*
- 10.49%
- 10Y*
- 11.42%
SPYC
- 1D
- 0.69%
- 1M
- -5.16%
- YTD
- -6.79%
- 6M
- -7.24%
- 1Y
- 15.74%
- 3Y*
- 15.28%
- 5Y*
- 8.11%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPYV vs. SPYC - Expense Ratio Comparison
SPYV has a 0.04% expense ratio, which is lower than SPYC's 0.28% expense ratio.
Return for Risk
SPYV vs. SPYC — Risk / Return Rank
SPYV
SPYC
SPYV vs. SPYC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Value ETF (SPYV) and Simplify US Equity PLUS Convexity ETF (SPYC). 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.
| SPYV | SPYC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.59 | +0.26 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.23 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.16 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.08 | 1.23 | -0.14 |
Martin ratioReturn relative to average drawdown | 5.09 | 3.74 | +1.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPYV | SPYC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.59 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.41 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.51 | -0.11 |
Correlation
The correlation between SPYV and SPYC is 0.79, 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.
Dividends
SPYV vs. SPYC - Dividend Comparison
SPYV's dividend yield for the trailing twelve months is around 1.82%, more than SPYC's 1.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYV SPDR Portfolio S&P 500 Value ETF | 1.82% | 1.77% | 2.29% | 1.75% | 2.22% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% |
SPYC Simplify US Equity PLUS Convexity ETF | 1.01% | 0.89% | 1.02% | 1.76% | 1.34% | 1.01% | 0.40% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPYV vs. SPYC - Drawdown Comparison
The maximum SPYV drawdown since its inception was -58.45%, which is greater than SPYC's maximum drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for SPYV and SPYC.
Loading graphics...
Drawdown Indicators
| SPYV | SPYC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.45% | -28.51% | -29.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -13.47% | +1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.89% | -28.51% | +10.62% |
Max Drawdown (10Y)Largest decline over 10 years | -36.89% | — | — |
Current DrawdownCurrent decline from peak | -4.43% | -10.91% | +6.48% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -8.40% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 4.41% | -1.85% |
Volatility
SPYV vs. SPYC - Volatility Comparison
The current volatility for SPDR Portfolio S&P 500 Value ETF (SPYV) is 3.79%, while Simplify US Equity PLUS Convexity ETF (SPYC) has a volatility of 4.08%. This indicates that SPYV experiences smaller price fluctuations and is considered to be less risky than SPYC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPYV | SPYC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 4.08% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 11.28% | -3.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 26.98% | -11.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.43% | 20.04% | -5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 19.80% | -2.84% |