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TUA vs. IEF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TUA vs. IEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Short Term Treasury Futures Strategy ETF (TUA) and iShares 7-10 Year Treasury Bond ETF (IEF). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.32%
2.60%
TUA
IEF

Returns By Period

In the year-to-date period, TUA achieves a -4.46% return, which is significantly lower than IEF's -0.03% return.


TUA

YTD

-4.46%

1M

-2.97%

6M

3.31%

1Y

0.96%

5Y (annualized)

N/A

10Y (annualized)

N/A

IEF

YTD

-0.03%

1M

-1.05%

6M

2.61%

1Y

4.47%

5Y (annualized)

-1.55%

10Y (annualized)

0.77%

Key characteristics


TUAIEF
Sharpe Ratio0.100.64
Sortino Ratio0.210.95
Omega Ratio1.021.11
Calmar Ratio0.060.21
Martin Ratio0.191.71
Ulcer Index5.00%2.62%
Daily Std Dev9.95%6.99%
Max Drawdown-15.85%-23.93%
Current Drawdown-12.18%-16.90%

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TUA vs. IEF - Expense Ratio Comparison

TUA has a 0.16% expense ratio, which is higher than IEF's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


TUA
Simplify Short Term Treasury Futures Strategy ETF
Expense ratio chart for TUA: current value at 0.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.16%
Expense ratio chart for IEF: 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%

Correlation

-0.50.00.51.00.8

The correlation between TUA and IEF is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

TUA vs. IEF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Short Term Treasury Futures Strategy ETF (TUA) and iShares 7-10 Year Treasury Bond ETF (IEF). 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 TUA, currently valued at 0.10, compared to the broader market0.002.004.000.100.64
The chart of Sortino ratio for TUA, currently valued at 0.21, compared to the broader market-2.000.002.004.006.008.0010.0012.000.210.95
The chart of Omega ratio for TUA, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.11
The chart of Calmar ratio for TUA, currently valued at 0.06, compared to the broader market0.005.0010.0015.0020.000.060.68
The chart of Martin ratio for TUA, currently valued at 0.19, compared to the broader market0.0020.0040.0060.0080.00100.000.191.71
TUA
IEF

The current TUA Sharpe Ratio is 0.10, which is lower than the IEF Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of TUA and IEF, 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 Ratio-1.00-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.10
0.64
TUA
IEF

Dividends

TUA vs. IEF - Dividend Comparison

TUA's dividend yield for the trailing twelve months is around 5.27%, more than IEF's 3.50% yield.


TTM20232022202120202019201820172016201520142013
TUA
Simplify Short Term Treasury Futures Strategy ETF
5.27%4.83%0.15%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IEF
iShares 7-10 Year Treasury Bond ETF
3.50%2.91%1.96%0.83%1.08%2.08%2.24%1.82%1.81%1.90%2.05%1.77%

Drawdowns

TUA vs. IEF - Drawdown Comparison

The maximum TUA drawdown since its inception was -15.85%, smaller than the maximum IEF drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for TUA and IEF. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.18%
-5.02%
TUA
IEF

Volatility

TUA vs. IEF - Volatility Comparison

Simplify Short Term Treasury Futures Strategy ETF (TUA) has a higher volatility of 1.96% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.79%. This indicates that TUA's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%JuneJulyAugustSeptemberOctoberNovember
1.96%
1.79%
TUA
IEF