XMPT vs. SVOL
Compare and contrast key facts about VanEck Vectors 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 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: XMPT or SVOL.
Key characteristics
| XMPT | SVOL | |
|---|---|---|
| YTD Return | 10.85% | 9.76% |
| 1Y Return | 21.25% | 13.27% |
| 3Y Return (Ann) | -4.50% | 8.86% |
| Sharpe Ratio | 2.92 | 1.15 |
| Sortino Ratio | 4.47 | 1.54 |
| Omega Ratio | 1.55 | 1.28 |
| Calmar Ratio | 0.75 | 1.25 |
| Martin Ratio | 16.11 | 8.18 |
| Ulcer Index | 1.39% | 1.67% |
| Daily Std Dev | 7.62% | 11.96% |
| Max Drawdown | -35.24% | -15.68% |
| Current Drawdown | -14.66% | 0.00% |
Correlation
The correlation between XMPT and SVOL is 0.26, 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
XMPT vs. SVOL - Performance Comparison
In the year-to-date period, XMPT achieves a 10.85% return, which is significantly higher 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.
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XMPT vs. SVOL - Expense Ratio Comparison
XMPT has a 1.86% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Risk-Adjusted Performance
XMPT vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors 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.
Dividends
XMPT vs. SVOL - Dividend Comparison
XMPT's dividend yield for the trailing twelve months is around 4.83%, less than SVOL's 16.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMPT VanEck Vectors CEF Municipal Income ETF | 4.83% | 3.81% | 5.12% | 3.74% | 3.80% | 4.08% | 5.05% | 4.84% | 5.37% | 5.24% | 5.50% | 6.17% |
SVOL Simplify Volatility Premium ETF | 16.28% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 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 -15.68%. Use the drawdown chart below to compare losses from any high point for XMPT and SVOL. For additional features, visit the drawdowns tool.
Volatility
XMPT vs. SVOL - Volatility Comparison
The current volatility for VanEck Vectors CEF Municipal Income ETF (XMPT) is 2.99%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.42%. 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.