SVOL vs. SPY
Compare and contrast key facts about Simplify Volatility Premium ETF (SVOL) and SPDR S&P 500 ETF (SPY).
SVOL and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVOL or SPY.
Performance
SVOL vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, SVOL achieves a 9.01% return, which is significantly lower than SPY's 26.08% return.
SVOL
9.01%
1.37%
2.89%
11.17%
N/A
N/A
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| SVOL | SPY | |
|---|---|---|
| Sharpe Ratio | 0.93 | 2.70 |
| Sortino Ratio | 1.27 | 3.60 |
| Omega Ratio | 1.23 | 1.50 |
| Calmar Ratio | 1.02 | 3.90 |
| Martin Ratio | 6.63 | 17.52 |
| Ulcer Index | 1.68% | 1.87% |
| Daily Std Dev | 12.01% | 12.14% |
| Max Drawdown | -15.68% | -55.19% |
| Current Drawdown | -0.78% | -0.85% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SVOL vs. SPY - Expense Ratio Comparison
SVOL has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between SVOL and SPY is 0.68, 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.
Risk-Adjusted Performance
SVOL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volatility Premium ETF (SVOL) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
SVOL's dividend yield for the trailing twelve months is around 16.40%, more than SPY's 1.18% yield.
| 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% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SVOL vs. SPY - Drawdown Comparison
The maximum SVOL drawdown since its inception was -15.68%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SVOL and SPY. For additional features, visit the drawdowns tool.
Volatility
SVOL vs. SPY - Volatility Comparison
The current volatility for Simplify Volatility Premium ETF (SVOL) is 3.23%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that SVOL experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.