SRFM vs. SVOL
SRFM (Surf Air Mobility Inc.) is a stock, while SVOL (Simplify Volatility Premium ETF) is Volatility fund actively managed by Simplify. Over the past year, SRFM returned -90.34% vs 12.85% for SVOL. At a 0.26 correlation, their price movements are largely independent.
Performance
SRFM vs. SVOL - Performance Comparison
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Returns By Period
In the year-to-date period, SRFM achieves a -56.19% return, which is significantly lower than SVOL's 2.12% return.
SRFM
- 1D
- -8.53%
- 1M
- -21.30%
- 6M
- -71.57%
- YTD
- -56.19%
- 1Y
- -90.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SVOL
- 1D
- -0.43%
- 1M
- 2.98%
- 6M
- -0.27%
- YTD
- 2.12%
- 1Y
- 12.85%
- 3Y*
- 6.02%
- 5Y*
- 6.71%
- 10Y*
- —
SRFM vs. SVOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SRFM Surf Air Mobility Inc. | -56.19% | -64.01% | -50.32% | -69.00% |
SVOL Simplify Volatility Premium ETF | 2.12% | 2.41% | 6.77% | 6.22% |
Correlation
The correlation between SRFM and SVOL is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2023 | 0.26 |
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Return for Risk
SRFM vs. SVOL — Risk / Return Rank
SRFM
SVOL
SRFM vs. SVOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Surf Air Mobility Inc. (SRFM) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SRFM | SVOL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 0.74 | 1.15 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -1.03 | 1.13 | -2.16 |
| Martin ratioReturn relative to average drawdown | -1.41 | 3.25 | -4.65 |
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Drawdowns
SRFM vs. SVOL - Drawdown Comparison
The maximum SRFM drawdown since its inception was -97.60%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for SRFM and SVOL.
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Drawdown Indicators
| SRFM | SVOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.60% | -33.50% | -64.10% |
Max Drawdown (1Y)Largest decline over 1 year | -87.44% | -11.42% | -76.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.50% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.50% | — |
Current DrawdownCurrent decline from peak | -97.57% | -0.52% | -97.05% |
Average DrawdownAverage peak-to-trough decline | -87.92% | -4.72% | -83.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.74% | 3.97% | +67.77% |
Volatility
SRFM vs. SVOL - Volatility Comparison
Surf Air Mobility Inc. (SRFM) has a higher volatility of 39.56% compared to Simplify Volatility Premium ETF (SVOL) at 3.89%. This indicates that SRFM's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SRFM | SVOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.56% | 3.89% | +35.67% |
Volatility (6M)Calculated over the trailing 6-month period | 70.60% | 10.39% | +60.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.18% | 17.35% | +85.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.78% | 22.02% | +129.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 151.78% | 21.80% | +129.98% |
Dividends
SRFM vs. SVOL - Dividend Comparison
SRFM has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 21.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SRFM Surf Air Mobility Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 21.81% | 19.82% | 16.79% | 16.36% | 18.32% | 4.65% |
Frequently Asked Questions
SRFM and SVOL have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SRFM has higher volatility (39.56%) compared to SVOL (3.89%). In terms of maximum drawdown, SRFM dropped -97.60% vs SVOL's -33.50%.
SVOL currently has the higher Sharpe Ratio (0.75 vs -0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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