TG vs. SVOL
Compare and contrast key facts about Tredegar Corporation (TG) and Simplify Volatility Premium ETF (SVOL).
SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TG or SVOL.
Key characteristics
| TG | SVOL | |
|---|---|---|
| YTD Return | 17.01% | 4.10% |
| 1Y Return | -30.08% | 22.92% |
| Sharpe Ratio | -0.51 | 3.04 |
| Daily Std Dev | 58.59% | 7.19% |
| Max Drawdown | -75.46% | -15.69% |
| Current Drawdown | -61.27% | 0.00% |
Correlation
The correlation between TG and SVOL is 0.26, 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.
Performance
TG vs. SVOL - Performance Comparison
In the year-to-date period, TG achieves a 17.01% return, which is significantly higher than SVOL's 4.10% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TG vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tredegar Corporation (TG) and Simplify Volatility Premium ETF (SVOL). 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
TG vs. SVOL - Dividend Comparison
TG's dividend yield for the trailing twelve months is around 2.05%, less than SVOL's 16.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TG Tredegar Corporation | 2.05% | 4.81% | 4.89% | 4.06% | 38.62% | 2.06% | 2.77% | 2.29% | 1.83% | 3.08% | 1.54% | 0.97% |
SVOL Simplify Volatility Premium ETF | 16.22% | 16.36% | 18.21% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TG vs. SVOL - Drawdown Comparison
The maximum TG drawdown since its inception was -75.46%, which is greater than SVOL's maximum drawdown of -15.69%. Use the drawdown chart below to compare losses from any high point for TG and SVOL. For additional features, visit the drawdowns tool.
Volatility
TG vs. SVOL - Volatility Comparison
Tredegar Corporation (TG) has a higher volatility of 6.41% compared to Simplify Volatility Premium ETF (SVOL) at 3.10%. This indicates that TG's price experiences larger fluctuations and is considered to be riskier than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.