YGLD vs. SLJY

Last updated Jul 14, 2026

YGLD (Simplify Gold Strategy PLUS Income ETF) and SLJY (Amplify SILJ Covered Call ETF) are both exchange-traded funds - YGLD is a Gold fund actively managed by Simplify, while SLJY is a Derivative Income fund actively managed by Amplify. Both are actively managed. A 0.78 correlation means they provide meaningful diversification when combined. YGLD charges 0.50%/yr vs 0.75%/yr for SLJY.

Performance

YGLD vs. SLJY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Gold Strategy PLUS Income ETF (YGLD) and Amplify SILJ Covered Call ETF (SLJY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, YGLD achieves a -20.87% return, which is significantly lower than SLJY's -8.18% return.

YGLD

• 1D: -4.09%
• 1M: -7.59%
• 6M: -28.00%
• YTD: -20.87%
• 1Y: 4.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLJY

• 1D: -2.40%
• 1M: -8.44%
• 6M: -18.96%
• YTD: -8.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

YGLD vs. SLJY - Yearly Performance Comparison

	2026 (YTD)	2025
YGLD Simplify Gold Strategy PLUS Income ETF	-20.87%	36.72%
SLJY Amplify SILJ Covered Call ETF	-8.18%	42.11%

Correlation

The correlation between YGLD and SLJY is 0.78, 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 Aug 19, 2025	0.78

Return for Risk

YGLD vs. SLJY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YGLD

YGLD Risk / Return Rank: 12
YGLD Sharpe Ratio Rank: 11
YGLD Sortino Ratio Rank: 12
YGLD Omega Ratio Rank: 13
YGLD Calmar Ratio Rank: 11
YGLD Martin Ratio Rank: 11

SLJY

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YGLD vs. SLJY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Gold Strategy PLUS Income ETF (YGLD) and Amplify SILJ Covered Call ETF (SLJY). 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.

	YGLD	SLJY	Difference
Sharpe ratio: Return per unit of total volatility	0.12	—	—
Sortino ratio: Return per unit of downside risk	0.43	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.11	—	—
Martin ratio: Return relative to average drawdown	0.25	—	—

Drawdowns

YGLD vs. SLJY - Drawdown Comparison

The maximum YGLD drawdown since its inception was -42.90%, which is greater than SLJY's maximum drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for YGLD and SLJY.

Drawdown Indicators

	YGLD	SLJY	Difference
Max Drawdown Largest peak-to-trough decline	-42.90%	-33.74%	-9.16%
Max Drawdown (1Y) Largest decline over 1 year	-42.90%	—	—
Current Drawdown Current decline from peak	-42.90%	-33.21%	-9.69%
Average Drawdown Average peak-to-trough decline	-9.92%	-11.85%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.47%	—	—

Volatility

Volatility by Period

	YGLD	SLJY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	42.25%	49.79%	-7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.38%	49.79%	-10.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.38%	49.79%	-10.41%

YGLD vs. SLJY - Expense Ratio Comparison

YGLD has a 0.50% expense ratio, which is lower than SLJY's 0.75% expense ratio.

Dividends

YGLD vs. SLJY - Dividend Comparison

YGLD's dividend yield for the trailing twelve months is around 22.04%, which matches SLJY's 22.17% yield.

Position	TTM	2025
SLJY Amplify SILJ Covered Call ETF	22.17%	6.26%
YGLD Simplify Gold Strategy PLUS Income ETF	22.04%	12.05%

Frequently Asked Questions

Can I hold both YGLD and SLJY in my portfolio?

YGLD and SLJY have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YGLD or SLJY?

On fees, YGLD is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YGLD or SLJY?

YGLD is cheaper with a 0.50% expense ratio, compared with 0.75% for SLJY.

Which ETF pays a higher dividend yield, YGLD or SLJY?

SLJY has the higher dividend yield at 22.17%, compared with 22.04% for YGLD.

What is the main difference between YGLD and SLJY?

YGLD is categorized as Gold, while SLJY is Derivative Income. They also come from different issuers: Simplify and Amplify. Their fees differ too: 0.50% for YGLD and 0.75% for SLJY.