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SURI vs. PEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SURI and PEX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

SURI vs. PEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Propel Opportunities ETF (SURI) and ProShares Global Listed Private Equity ETF (PEX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-13.17%
25.38%
SURI
PEX

Key characteristics

Sharpe Ratio

SURI:

-0.18

PEX:

1.07

Sortino Ratio

SURI:

-0.01

PEX:

1.49

Omega Ratio

SURI:

1.00

PEX:

1.19

Calmar Ratio

SURI:

-0.16

PEX:

1.08

Martin Ratio

SURI:

-0.53

PEX:

6.29

Ulcer Index

SURI:

11.21%

PEX:

2.09%

Daily Std Dev

SURI:

33.75%

PEX:

12.22%

Max Drawdown

SURI:

-37.62%

PEX:

-49.17%

Current Drawdown

SURI:

-37.45%

PEX:

-2.74%

Returns By Period

In the year-to-date period, SURI achieves a -10.60% return, which is significantly lower than PEX's 11.40% return.


SURI

YTD

-10.60%

1M

-28.55%

6M

-21.15%

1Y

-9.17%

5Y*

N/A

10Y*

N/A

PEX

YTD

11.40%

1M

0.82%

6M

3.35%

1Y

12.41%

5Y*

5.34%

10Y*

6.61%

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SURI vs. PEX - Expense Ratio Comparison

SURI has a 2.51% expense ratio, which is lower than PEX's 3.13% expense ratio.


PEX
ProShares Global Listed Private Equity ETF
Expense ratio chart for PEX: current value at 3.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%3.13%
Expense ratio chart for SURI: current value at 2.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.51%

Risk-Adjusted Performance

SURI vs. PEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) and ProShares Global Listed Private Equity ETF (PEX). 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 SURI, currently valued at -0.18, compared to the broader market0.002.004.00-0.181.07
The chart of Sortino ratio for SURI, currently valued at -0.01, compared to the broader market-2.000.002.004.006.008.0010.00-0.011.49
The chart of Omega ratio for SURI, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.19
The chart of Calmar ratio for SURI, currently valued at -0.16, compared to the broader market0.005.0010.0015.00-0.161.50
The chart of Martin ratio for SURI, currently valued at -0.53, compared to the broader market0.0020.0040.0060.0080.00100.00-0.536.29
SURI
PEX

The current SURI Sharpe Ratio is -0.18, which is lower than the PEX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of SURI and PEX, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.18
1.07
SURI
PEX

Dividends

SURI vs. PEX - Dividend Comparison

SURI's dividend yield for the trailing twelve months is around 19.89%, more than PEX's 10.46% yield.


TTM20232022202120202019201820172016201520142013
SURI
Simplify Propel Opportunities ETF
19.89%14.71%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PEX
ProShares Global Listed Private Equity ETF
10.46%13.02%1.77%13.64%5.52%7.94%4.72%24.26%4.32%12.50%6.28%9.05%

Drawdowns

SURI vs. PEX - Drawdown Comparison

The maximum SURI drawdown since its inception was -37.62%, smaller than the maximum PEX drawdown of -49.17%. Use the drawdown chart below to compare losses from any high point for SURI and PEX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-37.45%
-2.74%
SURI
PEX

Volatility

SURI vs. PEX - Volatility Comparison

Simplify Propel Opportunities ETF (SURI) has a higher volatility of 19.15% compared to ProShares Global Listed Private Equity ETF (PEX) at 2.97%. This indicates that SURI's price experiences larger fluctuations and is considered to be riskier than PEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.15%
2.97%
SURI
PEX
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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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