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WEIX vs. SVOL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


WEIXSVOL
YTD Return-2.74%9.76%
1Y Return3.72%13.27%
Sharpe Ratio0.181.15
Sortino Ratio0.381.54
Omega Ratio1.101.28
Calmar Ratio0.171.25
Martin Ratio0.588.18
Ulcer Index8.88%1.67%
Daily Std Dev28.93%11.96%
Max Drawdown-30.55%-15.68%
Current Drawdown-12.53%0.00%

Correlation

-0.50.00.51.00.8

The correlation between WEIX and SVOL is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

WEIX vs. SVOL - Performance Comparison

In the year-to-date period, WEIX achieves a -2.74% return, which is significantly lower than SVOL's 9.76% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-8.88%
4.51%
WEIX
SVOL

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


WEIX vs. SVOL - Expense Ratio Comparison

Both WEIX and SVOL have an expense ratio of 0.50%.


WEIX
Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF
Expense ratio chart for WEIX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for SVOL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

WEIX vs. SVOL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) 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.


WEIX
Sharpe ratio
The chart of Sharpe ratio for WEIX, currently valued at 0.18, compared to the broader market-2.000.002.004.006.000.18
Sortino ratio
The chart of Sortino ratio for WEIX, currently valued at 0.38, compared to the broader market0.005.0010.000.38
Omega ratio
The chart of Omega ratio for WEIX, currently valued at 1.10, compared to the broader market1.001.502.002.503.001.10
Calmar ratio
The chart of Calmar ratio for WEIX, currently valued at 0.17, compared to the broader market0.005.0010.0015.000.17
Martin ratio
The chart of Martin ratio for WEIX, currently valued at 0.58, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.58
SVOL
Sharpe ratio
The chart of Sharpe ratio for SVOL, currently valued at 1.15, compared to the broader market-2.000.002.004.006.001.15
Sortino ratio
The chart of Sortino ratio for SVOL, currently valued at 1.54, compared to the broader market0.005.0010.001.54
Omega ratio
The chart of Omega ratio for SVOL, currently valued at 1.28, compared to the broader market1.001.502.002.503.001.28
Calmar ratio
The chart of Calmar ratio for SVOL, currently valued at 1.25, compared to the broader market0.005.0010.0015.001.25
Martin ratio
The chart of Martin ratio for SVOL, currently valued at 8.18, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.18

WEIX vs. SVOL - Sharpe Ratio Comparison

The current WEIX Sharpe Ratio is 0.18, which is lower than the SVOL Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of WEIX and SVOL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.18
1.15
WEIX
SVOL

Dividends

WEIX vs. SVOL - Dividend Comparison

WEIX has not paid dividends to shareholders, while SVOL's dividend yield for the trailing twelve months is around 16.28%.


TTM202320222021
WEIX
Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF
0.00%0.00%0.00%0.00%
SVOL
Simplify Volatility Premium ETF
16.28%16.37%18.31%4.65%

Drawdowns

WEIX vs. SVOL - Drawdown Comparison

The maximum WEIX drawdown since its inception was -30.55%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for WEIX and SVOL. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.53%
0
WEIX
SVOL

Volatility

WEIX vs. SVOL - Volatility Comparison

Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) has a higher volatility of 6.96% compared to Simplify Volatility Premium ETF (SVOL) at 3.42%. This indicates that WEIX'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.


0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
6.96%
3.42%
WEIX
SVOL