XMPT vs. SVOL
Compare and contrast key facts about VanEck CEF Municipal Income ETF (XMPT) and Simplify Volatility Premium ETF (SVOL).
XMPT and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMPT is a passively managed fund by VanEck that tracks the performance of the S-Network Municipal Bond Closed-End Fund Index. It was launched on Jul 12, 2011. SVOL is an actively managed fund by Simplify. It was launched on May 12, 2021.
Performance
XMPT vs. SVOL - Performance Comparison
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XMPT vs. SVOL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XMPT VanEck CEF Municipal Income ETF | -0.80% | 8.01% | 7.01% | 2.55% | -24.02% | 4.55% |
SVOL Simplify Volatility Premium ETF | -7.92% | 2.41% | 6.77% | 22.88% | -3.30% | 12.25% |
Returns By Period
In the year-to-date period, XMPT achieves a -0.80% return, which is significantly higher than SVOL's -7.92% return.
XMPT
- 1D
- 2.14%
- 1M
- -4.42%
- YTD
- -0.80%
- 6M
- 1.08%
- 1Y
- 5.47%
- 3Y*
- 4.95%
- 5Y*
- -0.99%
- 10Y*
- 2.06%
SVOL
- 1D
- 1.52%
- 1M
- -6.10%
- YTD
- -7.92%
- 6M
- -5.42%
- 1Y
- 3.66%
- 3Y*
- 6.05%
- 5Y*
- —
- 10Y*
- —
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XMPT vs. SVOL - Expense Ratio Comparison
XMPT has a 1.97% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Return for Risk
XMPT vs. SVOL — Risk / Return Rank
XMPT
SVOL
XMPT vs. SVOL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck CEF Municipal Income ETF (XMPT) 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.
| XMPT | SVOL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 0.09 | +0.56 |
Sortino ratioReturn per unit of downside risk | 0.90 | 0.45 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.06 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 0.17 | +0.74 |
Martin ratioReturn relative to average drawdown | 2.76 | 0.57 | +2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XMPT | SVOL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.09 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.11 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.28 | +0.12 |
Correlation
The correlation between XMPT and SVOL is 0.29, 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.
Dividends
XMPT vs. SVOL - Dividend Comparison
XMPT's dividend yield for the trailing twelve months is around 5.92%, less than SVOL's 23.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMPT VanEck CEF Municipal Income ETF | 5.92% | 5.87% | 5.35% | 3.81% | 5.12% | 3.74% | 3.79% | 4.08% | 5.05% | 4.84% | 5.35% | 5.24% |
SVOL Simplify Volatility Premium ETF | 23.14% | 19.82% | 16.79% | 16.36% | 18.32% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XMPT vs. SVOL - Drawdown Comparison
The maximum XMPT drawdown since its inception was -35.24%, which is greater than SVOL's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for XMPT and SVOL.
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Drawdown Indicators
| XMPT | SVOL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.24% | -33.50% | -1.74% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -24.73% | +18.09% |
Max Drawdown (5Y)Largest decline over 5 years | -35.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.24% | — | — |
Current DrawdownCurrent decline from peak | -11.73% | -10.30% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -8.81% | -4.74% | -4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 7.46% | -5.26% |
Volatility
XMPT vs. SVOL - Volatility Comparison
The current volatility for VanEck CEF Municipal Income ETF (XMPT) is 3.90%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 4.34%. This indicates that XMPT experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMPT | SVOL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 4.34% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 5.12% | 13.82% | -8.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.46% | 38.84% | -30.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.24% | 22.28% | -13.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.33% | 22.28% | -11.95% |