TLTW vs. SVOL
Compare and contrast key facts about iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) and Simplify Volatility Premium ETF (SVOL).
TLTW and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TLTW is a passively managed fund by iShares that tracks the performance of the CBOE TLT 2% OTM Buywrite Index (USD). It was launched on Jun 18, 2022. 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: TLTW or SVOL.
Correlation
The correlation between TLTW and SVOL is 0.20, 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
TLTW vs. SVOL - Performance Comparison
Key characteristics
TLTW:
0.71
SVOL:
-0.89
TLTW:
1.01
SVOL:
-1.03
TLTW:
1.13
SVOL:
0.82
TLTW:
0.41
SVOL:
-0.74
TLTW:
1.44
SVOL:
-4.19
TLTW:
5.04%
SVOL:
4.52%
TLTW:
10.16%
SVOL:
21.34%
TLTW:
-18.59%
SVOL:
-25.70%
TLTW:
-7.53%
SVOL:
-25.70%
Returns By Period
In the year-to-date period, TLTW achieves a 6.47% return, which is significantly higher than SVOL's -21.89% return.
TLTW
6.47%
2.18%
0.39%
6.60%
N/A
N/A
SVOL
-21.89%
-20.57%
-22.33%
-18.54%
N/A
N/A
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TLTW vs. SVOL - Expense Ratio Comparison
TLTW has a 0.35% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
TLTW vs. SVOL — Risk-Adjusted Performance Rank
TLTW
SVOL
TLTW vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) 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
TLTW vs. SVOL - Dividend Comparison
TLTW's dividend yield for the trailing twelve months is around 14.77%, less than SVOL's 21.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
TLTW iShares 20+ Year Treasury Bond BuyWrite Strategy ETF | 14.77% | 14.47% | 19.59% | 8.71% | 0.00% |
SVOL Simplify Volatility Premium ETF | 21.78% | 16.79% | 16.37% | 18.32% | 4.65% |
Drawdowns
TLTW vs. SVOL - Drawdown Comparison
The maximum TLTW drawdown since its inception was -18.59%, smaller than the maximum SVOL drawdown of -25.70%. Use the drawdown chart below to compare losses from any high point for TLTW and SVOL. For additional features, visit the drawdowns tool.
Volatility
TLTW vs. SVOL - Volatility Comparison
The current volatility for iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) is 2.10%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 14.58%. This indicates that TLTW experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.