XXV vs. PBP
XXV (Simplify Ancorato Target 25 Distribution ETF) and PBP (Invesco S&P 500 BuyWrite ETF) are both Derivative Income funds. XXV is actively managed, while PBP is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. XXV charges 0.85%/yr vs 0.29%/yr for PBP.
Performance
XXV vs. PBP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XXV achieves a 4.69% return, which is significantly lower than PBP's 7.11% return.
XXV
- 1D
- -0.34%
- 1M
- 0.71%
- 6M
- 4.20%
- YTD
- 4.69%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBP
- 1D
- 0.09%
- 1M
- 2.51%
- 6M
- 6.32%
- YTD
- 7.11%
- 1Y
- 17.53%
- 3Y*
- 12.06%
- 5Y*
- 8.21%
- 10Y*
- 7.19%
XXV vs. PBP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XXV Simplify Ancorato Target 25 Distribution ETF | 4.69% | 4.06% |
PBP Invesco S&P 500 BuyWrite ETF | 7.11% | 3.74% |
Correlation
The correlation between XXV and PBP is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.55 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XXV vs. PBP — Risk / Return Rank
XXV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PBP
XXV vs. PBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Ancorato Target 25 Distribution ETF (XXV) and Invesco S&P 500 BuyWrite ETF (PBP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XXV | PBP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.53 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.38 | — |
| Martin ratioReturn relative to average drawdown | — | 17.43 | — |
Loading charts...
Drawdowns
XXV vs. PBP - Drawdown Comparison
The maximum XXV drawdown since its inception was -8.90%, smaller than the maximum PBP drawdown of -43.43%. Use the drawdown chart below to compare losses from any high point for XXV and PBP.
Loading charts...
Drawdown Indicators
| XXV | PBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.90% | -43.43% | +34.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.22% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.42% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -1.65% | 0.00% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -6.66% | +4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.01% | — |
Volatility
XXV vs. PBP - Volatility Comparison
Loading charts...
Volatility by Period
| XXV | PBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.99% | 7.22% | +5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 11.87% | +1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.99% | 13.65% | -0.66% |
XXV vs. PBP - Expense Ratio Comparison
XXV has a 0.85% expense ratio, which is higher than PBP's 0.29% expense ratio.
Dividends
XXV vs. PBP - Dividend Comparison
XXV's dividend yield for the trailing twelve months is around 15.13%, more than PBP's 11.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBP Invesco S&P 500 BuyWrite ETF | 11.07% | 11.12% | 9.36% | 3.35% | 1.33% | 6.21% | 1.41% | 5.04% | 2.59% | 10.86% | 2.56% | 6.19% |
XXV Simplify Ancorato Target 25 Distribution ETF | 15.13% | 2.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XXV and PBP have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBP is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBP is cheaper with a 0.29% expense ratio, compared with 0.85% for XXV.
XXV has the higher dividend yield at 15.13%, compared with 11.07% for PBP.
They also come from different issuers: Simplify and Invesco. Their fees differ too: 0.85% for XXV and 0.29% for PBP.
Find the right allocation for XXV and PBP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer