PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TBIL vs. HIGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBIL and HIGH is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.0

Performance

TBIL vs. HIGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Treasury 3 Month Bill ETF (TBIL) and Simplify Enhanced Income ETF (HIGH). The values are adjusted to include any dividend payments, if applicable.

-3.00%-2.00%-1.00%0.00%1.00%2.00%JulyAugustSeptemberOctoberNovemberDecember
2.47%
-0.17%
TBIL
HIGH

Key characteristics

Sharpe Ratio

TBIL:

14.38

HIGH:

0.72

Sortino Ratio

TBIL:

72.78

HIGH:

0.92

Omega Ratio

TBIL:

21.19

HIGH:

1.20

Calmar Ratio

TBIL:

267.19

HIGH:

0.99

Martin Ratio

TBIL:

1,104.30

HIGH:

2.70

Ulcer Index

TBIL:

0.00%

HIGH:

1.24%

Daily Std Dev

TBIL:

0.38%

HIGH:

4.64%

Max Drawdown

TBIL:

-0.10%

HIGH:

-3.39%

Current Drawdown

TBIL:

0.00%

HIGH:

-0.88%

Returns By Period

In the year-to-date period, TBIL achieves a 5.27% return, which is significantly higher than HIGH's 3.11% return.


TBIL

YTD

5.27%

1M

0.37%

6M

2.51%

1Y

5.37%

5Y*

N/A

10Y*

N/A

HIGH

YTD

3.11%

1M

-0.12%

6M

-0.17%

1Y

3.35%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TBIL vs. HIGH - Expense Ratio Comparison

TBIL has a 0.15% expense ratio, which is lower than HIGH's 0.51% expense ratio.


HIGH
Simplify Enhanced Income ETF
Expense ratio chart for HIGH: current value at 0.51% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.51%
Expense ratio chart for TBIL: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

TBIL vs. HIGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for US Treasury 3 Month Bill ETF (TBIL) and Simplify Enhanced Income ETF (HIGH). 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 TBIL, currently valued at 14.31, compared to the broader market0.002.004.0014.310.72
The chart of Sortino ratio for TBIL, currently valued at 72.50, compared to the broader market-2.000.002.004.006.008.0010.0072.500.92
The chart of Omega ratio for TBIL, currently valued at 21.11, compared to the broader market0.501.001.502.002.503.0021.111.20
The chart of Calmar ratio for TBIL, currently valued at 266.15, compared to the broader market0.005.0010.0015.00266.150.99
The chart of Martin ratio for TBIL, currently valued at 1099.98, compared to the broader market0.0020.0040.0060.0080.00100.001,099.982.70
TBIL
HIGH

The current TBIL Sharpe Ratio is 14.38, which is higher than the HIGH Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of TBIL and HIGH, 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 Ratio0.005.0010.0015.00JulyAugustSeptemberOctoberNovemberDecember
14.31
0.72
TBIL
HIGH

Dividends

TBIL vs. HIGH - Dividend Comparison

TBIL's dividend yield for the trailing twelve months is around 5.30%, less than HIGH's 9.10% yield.


TTM20232022
TBIL
US Treasury 3 Month Bill ETF
5.30%5.00%1.10%
HIGH
Simplify Enhanced Income ETF
9.10%9.39%0.62%

Drawdowns

TBIL vs. HIGH - Drawdown Comparison

The maximum TBIL drawdown since its inception was -0.10%, smaller than the maximum HIGH drawdown of -3.39%. Use the drawdown chart below to compare losses from any high point for TBIL and HIGH. For additional features, visit the drawdowns tool.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-0.88%
TBIL
HIGH

Volatility

TBIL vs. HIGH - Volatility Comparison

The current volatility for US Treasury 3 Month Bill ETF (TBIL) is 0.10%, while Simplify Enhanced Income ETF (HIGH) has a volatility of 3.31%. This indicates that TBIL experiences smaller price fluctuations and is considered to be less risky than HIGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember
0.10%
3.31%
TBIL
HIGH
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab