XXV vs. TSPY

Last updated Aug 4, 2026

XXV (Simplify Ancorato Target 25 Distribution ETF) and TSPY (TappAlpha S&P 500 Growth & Daily Income ETF) are both Derivative Income funds. Both are actively managed. Their 0.64 correlation means they have sometimes moved together and sometimes differently. XXV charges 0.85%/yr vs 0.68%/yr for TSPY.

Performance

XXV vs. TSPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Ancorato Target 25 Distribution ETF (XXV) and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XXV achieves a 2.53% return, which is significantly lower than TSPY's 9.60% return.

XXV

• 1D: 1.71%
• 1M: -3.34%
• 6M: 2.10%
• YTD: 2.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TSPY

• 1D: 1.41%
• 1M: 1.70%
• 6M: 7.09%
• YTD: 9.60%
• 1Y: 21.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 17.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TSPY TappAlpha S&P 500 Growth & Daily Income ETF	$5.61M	$5.02M	$5.58M
XXV Simplify Ancorato Target 25 Distribution ETF	$756.83K	$525.15K	$774.67K

XXV vs. TSPY - Yearly Performance Comparison

	2026 (YTD)	2025
XXV Simplify Ancorato Target 25 Distribution ETF	2.53%	4.06%
TSPY TappAlpha S&P 500 Growth & Daily Income ETF	9.60%	3.21%

Correlation

The correlation between XXV and TSPY is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.64

Return for Risk

XXV vs. TSPY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XXV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TSPY

TSPY Risk / Return Rank: 73
TSPY Sharpe Ratio Rank: 75
TSPY Sortino Ratio Rank: 74
TSPY Omega Ratio Rank: 74
TSPY Calmar Ratio Rank: 64
TSPY Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XXV vs. TSPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Ancorato Target 25 Distribution ETF (XXV) and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY). 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	TSPY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.74	—
Sortino ratio: Return per unit of downside risk	—	2.43	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.28	—
Martin ratio: Return relative to average drawdown	—	9.56	—

Drawdowns

XXV vs. TSPY - Drawdown Comparison

The maximum XXV drawdown since its inception was -8.90%, smaller than the maximum TSPY drawdown of -18.02%. Use the drawdown chart below to compare losses from any high point for XXV and TSPY.

Drawdown Indicators

	XXV	TSPY	Difference
Max Drawdown Largest peak-to-trough decline	-8.90%	-18.02%	+9.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.63%	—
Current Drawdown Current decline from peak	-3.68%	0.00%	-3.68%
Average Drawdown Average peak-to-trough decline	-2.22%	-2.46%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.30%	—

Volatility

Volatility by Period

	XXV	TSPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.91%	12.67%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	15.96%	-2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.91%	15.96%	-2.05%

XXV vs. TSPY - Expense Ratio Comparison

XXV has a 0.85% expense ratio, which is higher than TSPY's 0.68% expense ratio.

Dividends

XXV vs. TSPY - Dividend Comparison

XXV's dividend yield for the trailing twelve months is around 17.86%, more than TSPY's 13.82% yield.

Position	TTM	2025	2024
TSPY TappAlpha S&P 500 Growth & Daily Income ETF	13.82%	13.69%	3.45%
XXV Simplify Ancorato Target 25 Distribution ETF	17.86%	2.36%	0.00%

Frequently Asked Questions

Can I hold both XXV and TSPY in my portfolio?

XXV and TSPY have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XXV or TSPY?

On fees, TSPY is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XXV or TSPY?

TSPY is cheaper with a 0.68% expense ratio, compared with 0.85% for XXV.

Which ETF pays a higher dividend yield, XXV or TSPY?

XXV has the higher dividend yield at 17.86%, compared with 13.82% for TSPY.

What is the main difference between XXV and TSPY?

They also come from different issuers: Simplify and TappAlpha. Their fees differ too: 0.85% for XXV and 0.68% for TSPY.