UNIY vs. TUA
UNIY (WisdomTree Voya Yield Enchanced USD Universal Bond Fund) and TUA (Simplify Short Term Treasury Futures Strategy ETF) are both Intermediate Core Bond funds. UNIY is passively managed, while TUA is actively managed. Over the past 3 years, UNIY returned 4.58%/yr vs -0.75%/yr for TUA. A 0.75 correlation means they provide meaningful diversification when combined. UNIY charges 0.15%/yr vs 0.16%/yr for TUA.
Performance
UNIY vs. TUA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UNIY achieves a 0.62% return, which is significantly higher than TUA's -5.01% return.
UNIY
- 1D
- 0.04%
- 1M
- 0.34%
- YTD
- 0.62%
- 6M
- 0.83%
- 1Y
- 5.73%
- 3Y*
- 4.58%
- 5Y*
- —
- 10Y*
- —
TUA
- 1D
- 0.00%
- 1M
- -1.10%
- YTD
- -5.01%
- 6M
- -4.73%
- 1Y
- -1.63%
- 3Y*
- -0.75%
- 5Y*
- —
- 10Y*
- —
UNIY vs. TUA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund | 0.62% | 7.37% | 1.86% | 3.90% |
TUA Simplify Short Term Treasury Futures Strategy ETF | -5.01% | 7.27% | -3.59% | -1.61% |
Correlation
The correlation between UNIY and TUA is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2023 | 0.75 |
The correlation between UNIY and TUA has been stable across timeframes, ranging from 0.73 to 0.77 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UNIY vs. TUA — Risk / Return Rank
UNIY
TUA
UNIY vs. TUA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) and Simplify Short Term Treasury Futures Strategy ETF (TUA). 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.
| UNIY | TUA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | -0.24 | +1.80 |
Sortino ratioReturn per unit of downside risk | 2.33 | -0.30 | +2.63 |
Omega ratioGain probability vs. loss probability | 1.28 | 0.97 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 2.19 | -0.31 | +2.50 |
Martin ratioReturn relative to average drawdown | 6.87 | -0.83 | +7.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UNIY | TUA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | -0.24 | +1.80 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | -0.12 | +0.98 |
Drawdowns
UNIY vs. TUA - Drawdown Comparison
The maximum UNIY drawdown since its inception was -6.27%, smaller than the maximum TUA drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for UNIY and TUA.
Loading charts...
Drawdown Indicators
| UNIY | TUA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.27% | -15.85% | +9.58% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -6.68% | +4.15% |
Max Drawdown (3Y)Largest decline over 3 years | -5.40% | -9.14% | +3.74% |
Current DrawdownCurrent decline from peak | -0.97% | -9.70% | +8.73% |
Average DrawdownAverage peak-to-trough decline | -1.38% | -8.37% | +6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 2.50% | -1.69% |
Volatility
UNIY vs. TUA - Volatility Comparison
The current volatility for WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) is 1.27%, while Simplify Short Term Treasury Futures Strategy ETF (TUA) has a volatility of 2.00%. This indicates that UNIY experiences smaller price fluctuations and is considered to be less risky than TUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UNIY | TUA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 2.00% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 4.85% | -2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.69% | 6.86% | -3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.85% | 10.76% | -5.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 10.76% | -5.91% |
UNIY vs. TUA - Expense Ratio Comparison
UNIY has a 0.15% expense ratio, which is lower than TUA's 0.16% 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
UNIY vs. TUA - Dividend Comparison
UNIY's dividend yield for the trailing twelve months is around 4.84%, more than TUA's 3.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TUA Simplify Short Term Treasury Futures Strategy ETF | 3.54% | 3.84% | 5.19% | 4.83% | 0.15% |
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund | 4.84% | 4.95% | 4.86% | 3.99% | 0.00% |
Frequently Asked Questions
UNIY and TUA have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TUA has higher volatility (2.00%) compared to UNIY (1.27%). In terms of maximum drawdown, UNIY dropped -6.27% vs TUA's -15.85%.
On 3-year performance, UNIY leads with 4.58% vs -0.75% for TUA. On fees, UNIY is cheaper at 0.15% per year. On volatility, UNIY has been the lower-risk option at 1.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, UNIY has performed better with a 4.58% return vs -0.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UNIY is cheaper with a 0.15% expense ratio, compared with 0.16% for TUA.
UNIY has the higher dividend yield at 4.84%, compared with 3.54% for TUA.
They also come from different issuers: WisdomTree and Simplify. Their fees differ too: 0.15% for UNIY and 0.16% for TUA.
UNIY currently has the higher Sharpe Ratio (1.56 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UNIY and TUA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer