Simplify Volatility Premium ETF
$16.94−0.01 (−0.06%)
- Expense ratio
- 0.66%
- Fund size
- $528M
- 1Y return
- +14.1%
- Yield · Last 12 months
- 20.53%
- Holdings
- 31
- Volume · 30D
- 0.3M sh
- NAV per share
- $16.84
- 52W range
The ETF.net SVOL Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 72Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 25Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 60Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 90Category rank
Our read on SVOL
BShort volatility with the dial turned down: SVOL targets roughly a fifth to a third of the daily move in a short-term VIX futures index, and holds options on those futures to soften extreme spikes.
SVOL seeks daily, before-fee results of approximately -0.2x to -0.3x the performance of a short-term volatility futures index, while attempting to reduce extreme-volatility effects. It primarily uses VIX futures and options on those futures.
Why people hold it
- Not a full-throttle inverse VIX trade. The daily target is about -0.2x to -0.3x of a short-term VIX futures index, a deliberately partial dose of a violent exposure.simplify.us
- The short position is paired with options on VIX futures, built to blunt extreme volatility spikes rather than ride them bare.simplify.us
- Costs 0.66% a year, below the median for its options-income peer group, and it pays monthly.
- Running since 2021 with a roughly 30-position book, and it grades out in the upper half of its peer group.
Worth knowing
- Short volatility collects premium in small pieces and can give it back in bursts. The options overlay is sized to soften spikes, not erase them.
- The monthly payout comes from a derivatives strategy, so what volatility markets are paying drives the size of the check.
- A mid-size fund with moderate trading volume, so spreads can be wider than in the giant covered-call names.
SVOL Holdings
- Stocks
- 31
- 114%
- B 11/17/26 Govt
Sectors
Geography
SVOL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SVOL |
|---|---|
| Year to date | +11.1% |
| 1 month | +4.1% |
| 3 months | +10.0% |
| 1 year | +14.1% |
| 3 years | +8.4% |
| 5 years | +8.5% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SVOL |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +2.3% | |
| 2024 | +6.7% | |
| 2023 | +22.8% | |
| 2022 | −3.2% | |
| 2021 | +12.2% |
SVOL in the news
ETF.net Research hasn’t filed on SVOL yet — coverage lands here as it’s written.
SVOL Dividends
- 20.53%
- $3.48
- $0.28 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 26, 2026 | Aug 31, 2026 | $0.28 |
| Jul 28, 2026 | Jul 31, 2026 | $0.28 |
| Jun 25, 2026 | Jun 30, 2026 | $0.28 |
| May 26, 2026 | May 29, 2026 | $0.28 |
| Apr 27, 2026 | Apr 30, 2026 | $0.28 |
| Mar 26, 2026 | Mar 31, 2026 | $0.28 |
| Feb 24, 2026 | Feb 27, 2026 | $0.30 |
| Jan 27, 2026 | Jan 30, 2026 | $0.30 |
| Dec 23, 2025 | Dec 31, 2025 | $0.30 |
| Nov 21, 2025 | Nov 28, 2025 | $0.30 |
| Oct 28, 2025 | Oct 31, 2025 | $0.30 |
| Sep 25, 2025 | Sep 30, 2025 | $0.30 |
SVOL Risk
- 14.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.25
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −33.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SVOL Cost
- The middle half of Other Index Option Income funds
- Median 0.74%
8 of the 23 Other Index Option Income funds charge less.