TUA vs. DDV
TUA (Simplify Short Term Treasury Futures Strategy ETF) and DDV (Defined Duration 5 ETF) are both Intermediate Core Bond funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. TUA charges 0.16%/yr vs 0.25%/yr for DDV.
Performance
TUA vs. DDV - Performance Comparison
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Returns By Period
In the year-to-date period, TUA achieves a -5.38% return, which is significantly lower than DDV's 2.23% return.
TUA
- 1D
- -0.39%
- 1M
- -0.91%
- YTD
- -5.38%
- 6M
- -5.28%
- 1Y
- -1.78%
- 3Y*
- -0.88%
- 5Y*
- —
- 10Y*
- —
DDV
- 1D
- -0.02%
- 1M
- 0.73%
- YTD
- 2.23%
- 6M
- 2.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TUA vs. DDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TUA Simplify Short Term Treasury Futures Strategy ETF | -5.38% | 0.84% |
DDV Defined Duration 5 ETF | 2.23% | 0.71% |
Correlation
The correlation between TUA and DDV is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025 | 0.61 |
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Return for Risk
TUA vs. DDV — Risk / Return Rank
TUA
DDV
TUA vs. DDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Short Term Treasury Futures Strategy ETF (TUA) and Defined Duration 5 ETF (DDV). 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.
| TUA | DDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.96 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | — | — |
| Martin ratioReturn relative to average drawdown | -0.71 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TUA | DDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.13 | 2.06 | -2.19 |
Drawdowns
TUA vs. DDV - Drawdown Comparison
The maximum TUA drawdown since its inception was -15.85%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for TUA and DDV.
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Drawdown Indicators
| TUA | DDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.85% | -1.92% | -13.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.68% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -9.14% | — | — |
Current DrawdownCurrent decline from peak | -10.05% | -0.12% | -9.93% |
Average DrawdownAverage peak-to-trough decline | -8.37% | -0.35% | -8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | — | — |
Volatility
TUA vs. DDV - Volatility Comparison
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Volatility by Period
| TUA | DDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.84% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.85% | 2.68% | +4.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.76% | 2.68% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.76% | 2.68% | +8.08% |
TUA vs. DDV - Expense Ratio Comparison
TUA has a 0.16% expense ratio, which is lower than DDV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
TUA vs. DDV - Dividend Comparison
TUA's dividend yield for the trailing twelve months is around 3.56%, more than DDV's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DDV Defined Duration 5 ETF | 1.21% | 0.42% | 0.00% | 0.00% | 0.00% |
TUA Simplify Short Term Treasury Futures Strategy ETF | 3.56% | 3.84% | 5.19% | 4.83% | 0.15% |
Frequently Asked Questions
TUA and DDV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TUA is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TUA is cheaper with a 0.16% expense ratio, compared with 0.25% for DDV.
TUA has the higher dividend yield at 3.56%, compared with 1.21% for DDV.
They also come from different issuers: Simplify and Discipline Funds. Their fees differ too: 0.16% for TUA and 0.25% for DDV.
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