VCAR vs. SPY
Compare and contrast key facts about Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and SPDR S&P 500 ETF (SPY).
VCAR and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCAR is an actively managed fund by Simplify Asset Management Inc.. It was launched on Dec 28, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VCAR or SPY.
Key characteristics
| VCAR | SPY | |
|---|---|---|
| YTD Return | 83.28% | 26.83% |
| 1Y Return | 90.91% | 34.88% |
| 3Y Return (Ann) | 2.65% | 10.16% |
| Sharpe Ratio | 2.06 | 3.08 |
| Sortino Ratio | 3.17 | 4.10 |
| Omega Ratio | 1.42 | 1.58 |
| Calmar Ratio | 1.82 | 4.46 |
| Martin Ratio | 10.67 | 20.22 |
| Ulcer Index | 9.03% | 1.85% |
| Daily Std Dev | 46.81% | 12.18% |
| Max Drawdown | -69.22% | -55.19% |
| Current Drawdown | -9.88% | -0.26% |
Correlation
The correlation between VCAR and SPY is 0.68, 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
VCAR vs. SPY - Performance Comparison
In the year-to-date period, VCAR achieves a 83.28% return, which is significantly higher than SPY's 26.83% return. 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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VCAR vs. SPY - Expense Ratio Comparison
VCAR has a 0.95% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
VCAR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and SPDR S&P 500 ETF (SPY). 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.
Dividends
VCAR vs. SPY - Dividend Comparison
VCAR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VCAR Simplify Volt RoboCar Disruption and Tech ETF | 0.00% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
VCAR vs. SPY - Drawdown Comparison
The maximum VCAR drawdown since its inception was -69.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VCAR and SPY. For additional features, visit the drawdowns tool.
Volatility
VCAR vs. SPY - Volatility Comparison
Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 33.46% compared to SPDR S&P 500 ETF (SPY) at 3.77%. This indicates that VCAR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.