SURI vs. GERM

Last updated Aug 4, 2026

SURI (Simplify Propel Opportunities ETF) and GERM (Amplify Treatments, Testing and Advancements ETF) are both Health & Biotech Equities funds. SURI is actively managed, while GERM is passively managed. Over the past year, SURI returned 42.96% vs 0.00% for GERM. SURI charges 2.51%/yr vs 0.68%/yr for GERM.

Performance

SURI vs. GERM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Propel Opportunities ETF (SURI) and Amplify Treatments, Testing and Advancements ETF (GERM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SURI

• 1D: 0.08%
• 1M: 0.52%
• 6M: 17.81%
• YTD: 17.59%
• 1Y: 42.96%
• 3Y*: 9.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.10%

GERM

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 0.00%
• 1Y: 0.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 0.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GERM Amplify Treatments, Testing and Advancements ETF	$0.00	$0.00	$0.00
SURI Simplify Propel Opportunities ETF	$33.33K	$49.11K	$70.76K

SURI vs. GERM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SURI Simplify Propel Opportunities ETF	17.59%	28.32%	-28.07%
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%

SURI vs. GERM - Sectors Allocation Comparison

Sectors	SURI	GERM
Healthcare	56.3%	99.3%
Energy	43.8%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	0.4%
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

SURI vs. GERM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SURI

SURI Risk / Return Rank: 78
SURI Sharpe Ratio Rank: 80
SURI Sortino Ratio Rank: 76
SURI Omega Ratio Rank: 74
SURI Calmar Ratio Rank: 87
SURI Martin Ratio Rank: 74

GERM

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SURI vs. GERM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) and Amplify Treatments, Testing and Advancements ETF (GERM). 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.

	SURI	GERM	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.61	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.67	—	—
Martin ratio: Return relative to average drawdown	9.75	—	—

Drawdowns

SURI vs. GERM - Drawdown Comparison

The maximum SURI drawdown since its inception was -47.76%, which is greater than GERM's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SURI and GERM.

Drawdown Indicators

	SURI	GERM	Difference
Max Drawdown Largest peak-to-trough decline	-47.76%	0.00%	-47.76%
Max Drawdown (1Y) Largest decline over 1 year	-11.78%	0.00%	-11.78%
Max Drawdown (3Y) Largest decline over 3 years	-47.76%	—	—
Current Drawdown Current decline from peak	-8.53%	0.00%	-8.53%
Average Drawdown Average peak-to-trough decline	-17.07%	0.00%	-17.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	0.00%	+4.42%

Volatility

SURI vs. GERM - Volatility Comparison

Simplify Propel Opportunities ETF (SURI) has a higher volatility of 4.13% compared to Amplify Treatments, Testing and Advancements ETF (GERM) at 0.00%. This indicates that SURI's price experiences larger fluctuations and is considered to be riskier than GERM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SURI	GERM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	0.00%	+4.13%
Volatility (6M) Calculated over the trailing 6-month period	14.41%	0.00%	+14.41%
Volatility (1Y) Calculated over the trailing 1-year period	22.20%	0.00%	+22.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.88%	0.00%	+27.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.88%	0.00%	+27.88%

SURI vs. GERM - Expense Ratio Comparison

SURI has a 2.51% expense ratio, which is higher than GERM's 0.68% expense ratio.

Dividends

SURI vs. GERM - Dividend Comparison

SURI's dividend yield for the trailing twelve months is around 15.07%, while GERM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
GERM Amplify Treatments, Testing and Advancements ETF	0.00%	0.00%	0.00%	0.00%
SURI Simplify Propel Opportunities ETF	15.07%	16.31%	21.41%	14.71%

Frequently Asked Questions

Which is riskier, SURI or GERM?

SURI has higher volatility (4.13%) compared to GERM (0.00%). In terms of maximum drawdown, SURI dropped -47.76% vs GERM's 0.00%.

Which ETF is better, SURI or GERM?

On 1-year performance, SURI leads with 42.96% vs 0.00% for GERM. On fees, GERM is cheaper at 0.68% per year. On volatility, GERM has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SURI or GERM?

Over the 1-year period, SURI has performed better with a 42.96% return vs 0.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SURI or GERM?

GERM is cheaper with a 0.68% expense ratio, compared with 2.51% for SURI.

Which ETF pays a higher dividend yield, SURI or GERM?

SURI has the higher dividend yield at 15.07%, compared with 0.00% for GERM.

What is the main difference between SURI and GERM?

They also come from different issuers: Simplify and Amplify. Their fees differ too: 2.51% for SURI and 0.68% for GERM.