SVOL vs. HYLD
Compare and contrast key facts about Simplify Volatility Premium ETF (SVOL) and High Yield ETF (HYLD).
SVOL and HYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVOL or HYLD.
Performance
SVOL vs. HYLD - Performance Comparison
Returns By Period
SVOL
9.01%
1.37%
2.89%
11.17%
N/A
N/A
HYLD
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| SVOL | HYLD |
|---|
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SVOL vs. HYLD - Expense Ratio Comparison
SVOL has a 0.50% expense ratio, which is lower than HYLD's 1.29% expense ratio.
Correlation
The correlation between SVOL and HYLD is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
SVOL vs. HYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volatility Premium ETF (SVOL) and High Yield ETF (HYLD). 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.
Dividends
SVOL vs. HYLD - Dividend Comparison
SVOL's dividend yield for the trailing twelve months is around 16.40%, while HYLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SVOL Simplify Volatility Premium ETF | 16.40% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLD High Yield ETF | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% | 7.96% |
Drawdowns
SVOL vs. HYLD - Drawdown Comparison
Volatility
SVOL vs. HYLD - Volatility Comparison
Simplify Volatility Premium ETF (SVOL) has a higher volatility of 3.23% compared to High Yield ETF (HYLD) at 0.00%. This indicates that SVOL's price experiences larger fluctuations and is considered to be riskier than HYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.