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TYA vs. VTIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TYAVTIP
YTD Return5.73%4.64%
1Y Return15.81%7.53%
Sharpe Ratio0.723.32
Daily Std Dev19.91%2.25%
Max Drawdown-51.15%-6.27%
Current Drawdown-36.95%-0.08%

Correlation

-0.50.00.51.00.7

The correlation between TYA and VTIP is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

TYA vs. VTIP - Performance Comparison

In the year-to-date period, TYA achieves a 5.73% return, which is significantly higher than VTIP's 4.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
12.68%
3.91%
TYA
VTIP

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TYA vs. VTIP - Expense Ratio Comparison

TYA has a 0.17% expense ratio, which is higher than VTIP's 0.04% 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%.


TYA
Simplify Intermediate Term Treasury Futures Strategy ETF
Expense ratio chart for TYA: current value at 0.17% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.17%
Expense ratio chart for VTIP: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

TYA vs. VTIP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.


TYA
Sharpe ratio
The chart of Sharpe ratio for TYA, currently valued at 0.72, compared to the broader market0.002.004.000.72
Sortino ratio
The chart of Sortino ratio for TYA, currently valued at 1.13, compared to the broader market-2.000.002.004.006.008.0010.0012.001.13
Omega ratio
The chart of Omega ratio for TYA, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.13
Calmar ratio
The chart of Calmar ratio for TYA, currently valued at 0.28, compared to the broader market0.005.0010.0015.000.28
Martin ratio
The chart of Martin ratio for TYA, currently valued at 2.11, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.11
VTIP
Sharpe ratio
The chart of Sharpe ratio for VTIP, currently valued at 3.32, compared to the broader market0.002.004.003.32
Sortino ratio
The chart of Sortino ratio for VTIP, currently valued at 6.03, compared to the broader market-2.000.002.004.006.008.0010.0012.006.03
Omega ratio
The chart of Omega ratio for VTIP, currently valued at 1.76, compared to the broader market0.501.001.502.002.503.001.76
Calmar ratio
The chart of Calmar ratio for VTIP, currently valued at 2.70, compared to the broader market0.005.0010.0015.002.70
Martin ratio
The chart of Martin ratio for VTIP, currently valued at 33.36, compared to the broader market0.0020.0040.0060.0080.00100.00120.0033.36

TYA vs. VTIP - Sharpe Ratio Comparison

The current TYA Sharpe Ratio is 0.72, which is lower than the VTIP Sharpe Ratio of 3.32. The chart below compares the 12-month rolling Sharpe Ratio of TYA and VTIP.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00AprilMayJuneJulyAugustSeptember
0.72
3.32
TYA
VTIP

Dividends

TYA vs. VTIP - Dividend Comparison

TYA's dividend yield for the trailing twelve months is around 4.03%, more than VTIP's 3.43% yield.


TTM20232022202120202019201820172016201520142013
TYA
Simplify Intermediate Term Treasury Futures Strategy ETF
4.03%4.28%2.23%0.11%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF
3.43%3.36%6.84%4.68%1.20%1.95%2.45%1.52%0.76%0.00%0.82%0.05%

Drawdowns

TYA vs. VTIP - Drawdown Comparison

The maximum TYA drawdown since its inception was -51.15%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for TYA and VTIP. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-36.95%
-0.08%
TYA
VTIP

Volatility

TYA vs. VTIP - Volatility Comparison

Simplify Intermediate Term Treasury Futures Strategy ETF (TYA) has a higher volatility of 3.72% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.44%. This indicates that TYA's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
3.72%
0.44%
TYA
VTIP