VMAX vs. SVOL
Compare and contrast key facts about Hartford US Value ETF (VMAX) and Simplify Volatility Premium ETF (SVOL).
VMAX and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VMAX is an actively managed fund by Hartford. It was launched on Dec 5, 2023. 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: VMAX or SVOL.
Key characteristics
| VMAX | SVOL | |
|---|---|---|
| YTD Return | 22.86% | 9.56% |
| Daily Std Dev | 12.78% | 11.96% |
| Max Drawdown | -5.67% | -15.68% |
| Current Drawdown | -0.70% | -0.18% |
Correlation
The correlation between VMAX and SVOL is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VMAX vs. SVOL - Performance Comparison
In the year-to-date period, VMAX achieves a 22.86% return, which is significantly higher than SVOL's 9.56% 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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VMAX vs. SVOL - Expense Ratio Comparison
VMAX has a 0.29% expense ratio, which is lower than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
VMAX vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford US Value ETF (VMAX) 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
VMAX vs. SVOL - Dividend Comparison
VMAX's dividend yield for the trailing twelve months is around 1.37%, less than SVOL's 16.31% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
VMAX Hartford US Value ETF | 1.37% | 0.00% | 0.00% | 0.00% |
SVOL Simplify Volatility Premium ETF | 16.31% | 16.37% | 18.31% | 4.65% |
Drawdowns
VMAX vs. SVOL - Drawdown Comparison
The maximum VMAX drawdown since its inception was -5.67%, smaller than the maximum SVOL drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for VMAX and SVOL. For additional features, visit the drawdowns tool.
Volatility
VMAX vs. SVOL - Volatility Comparison
Hartford US Value ETF (VMAX) has a higher volatility of 5.37% compared to Simplify Volatility Premium ETF (SVOL) at 3.43%. This indicates that VMAX'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.