SVOL vs. YYY
Compare and contrast key facts about Simplify Volatility Premium ETF (SVOL) and Amplify High Income ETF (YYY).
SVOL and YYY 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. YYY is a passively managed fund by Amplify Investments that tracks the performance of the ISE High Income Index. It was launched on Jun 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVOL or YYY.
Correlation
The correlation between SVOL and YYY is 0.53, 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.
Performance
SVOL vs. YYY - Performance Comparison
Key characteristics
SVOL:
0.41
YYY:
1.54
SVOL:
0.60
YYY:
2.03
SVOL:
1.11
YYY:
1.30
SVOL:
0.48
YYY:
0.87
SVOL:
3.07
YYY:
9.67
SVOL:
1.71%
YYY:
1.28%
SVOL:
12.71%
YYY:
8.00%
SVOL:
-15.62%
YYY:
-42.52%
SVOL:
-5.39%
YYY:
-4.50%
Returns By Period
In the year-to-date period, SVOL achieves a 5.15% return, which is significantly lower than YYY's 12.16% return.
SVOL
5.15%
-3.54%
-1.41%
5.56%
N/A
N/A
YYY
12.16%
-1.86%
2.80%
12.25%
2.34%
3.71%
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SVOL vs. YYY - Expense Ratio Comparison
SVOL has a 0.50% expense ratio, which is lower than YYY's 2.45% expense ratio.
Risk-Adjusted Performance
SVOL vs. YYY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volatility Premium ETF (SVOL) and Amplify High Income ETF (YYY). 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. YYY - Dividend Comparison
SVOL's dividend yield for the trailing twelve months is around 17.07%, more than YYY's 12.34% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Simplify Volatility Premium ETF | 17.07% | 16.36% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Amplify High Income ETF | 12.34% | 12.39% | 12.36% | 9.08% | 9.79% | 9.10% | 9.73% | 8.83% | 10.34% | 10.77% | 9.54% | 5.14% |
Drawdowns
SVOL vs. YYY - Drawdown Comparison
The maximum SVOL drawdown since its inception was -15.62%, smaller than the maximum YYY drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for SVOL and YYY. For additional features, visit the drawdowns tool.
Volatility
SVOL vs. YYY - Volatility Comparison
Simplify Volatility Premium ETF (SVOL) has a higher volatility of 4.43% compared to Amplify High Income ETF (YYY) at 2.92%. This indicates that SVOL's price experiences larger fluctuations and is considered to be riskier than YYY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.