ULTY vs. SVOL
Compare and contrast key facts about YieldMax Ultra Option Income Strategy ETF (ULTY) and Simplify Volatility Premium ETF (SVOL).
ULTY and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ULTY is an actively managed fund by YieldMax. It was launched on Feb 28, 2024. 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: ULTY or SVOL.
Key characteristics
| ULTY | SVOL | |
|---|---|---|
| Daily Std Dev | 32.56% | 11.90% |
| Max Drawdown | -20.99% | -15.68% |
| Current Drawdown | -11.87% | -1.11% |
Correlation
The correlation between ULTY and SVOL is 0.52, 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
ULTY vs. SVOL - Performance Comparison
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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ULTY vs. SVOL - Expense Ratio Comparison
ULTY has a 1.14% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
ULTY vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Option Income Strategy ETF (ULTY) 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.
Not enough dataDividends
ULTY vs. SVOL - Dividend Comparison
ULTY's dividend yield for the trailing twelve months is around 67.78%, more than SVOL's 16.23% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
ULTY YieldMax Ultra Option Income Strategy ETF | 67.78% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.23% | 16.36% | 18.21% | 4.65% |
Drawdowns
ULTY vs. SVOL - Drawdown Comparison
The maximum ULTY drawdown since its inception was -20.99%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for ULTY and SVOL. For additional features, visit the drawdowns tool.
Volatility
ULTY vs. SVOL - Volatility Comparison
YieldMax Ultra Option Income Strategy ETF (ULTY) has a higher volatility of 8.13% compared to Simplify Volatility Premium ETF (SVOL) at 3.63%. This indicates that ULTY'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.