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SIOO vs SVOL

VistaShares Target 15 S&P 100 Distribution ETF

SIOOANYSE Arca

Simplify Volatility Premium ETF

SVOLBNYSE Arca

Overlap

Expense ratio

SIOO −0.19pt a year

SIOO0.59%SVOL0.78%

Avg volume · 30D

SVOL 27.6×the volume

SIOO10.7KSVOL295K

SIOO vs SVOL Performance

Dec 31, 2025 – Oct 30, 2026

+9.1%SIOO+8.8%SVOL

Dec 31, 2025 to Oct 30, 2026. SIOO +9.1%. SVOL +8.8%. Use the arrow keys to read each point.−10%−5%0%Dec 2025Jun 2026Oct 2026
Expense ratio
SIOO 0.59%, better
SVOL 0.78%
Fund size
SIOO $25M
SVOL $500M
1Y total return
SIOO No data
SVOL +11.6%
Yield (12M)
SIOO No data
SVOL 21.42%
Holdings
SIOO 109
SVOL 53
Avg volume (30D)
SIOO 10.7K sh
SVOL 295K sh, better
NAV per share
SIOO $19.16
SVOL $15.97
52W range

ETF.net Grade

SIOO: Cost 91, Risk 69, Mission not scored, Tradability 41, Holdings 77, Durability 42. SVOL: Cost 24, Risk 31, Mission not scored, Tradability 58, Holdings 54, Durability 89.
Pillar letters and Scores for SIOO, SVOL, with each pillar’s weight
PillarSIOOSVOL
Cost30% weightA91HigherF24
Mission25% weightNot scoredNot scored
Risk15% weightB69HigherD31
Tradability15% weightC41B58Higher
Holdings10% weightA77HigherC54
Durability5% weightC42A89Higher

Rank among Other Index Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SIOO and SVOL are both graded against the same 24 Other Index Option Income funds, so their Grades compare head to head.

Other Index Option Income⁠

Category · 24 funds
See all 24 ›

SIOO ranks 2nd and SVOL 17th of 24 funds in the Other Index Option Income Category.

  1. Rank 1ADJIAGlobal X Dow 30 Covered Call ETFScore 75
  2. Rank 2ASIOOVistaShares Target 15 S&P 100 Distribution ETFScore 71
  3. Rank 3BHYGWiShares High Yield Corporate Bond BuyWrite Strategy ETFScore 68
  4. Rank 17CSFYISoFi Social 50 Income ETFScore 40
  5. Rank 17BSVOLSimplify Volatility Premium ETFScore 40
  6. Rank 20DODTEVegaShares SPX NDX RTY Premium Income ETFScore 38

Our read on each fund

ETF.net Research

SIOOAVistaShares Target 15 S&P 100 Distribution ETF

SVOLBSimplify Volatility Premium ETF

In short

SIOO Most equity-income ETFs pay out whatever the options market hands them. SIOO starts from the answer: a 15% annual income target, paid monthly, bolted onto an S&P 100 core using index options that carry 60/40 tax treatment.

SVOL Short 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.

Stated mandate

SIOO The actively managed ETF seeks income and, secondarily, long-term capital appreciation. It combines equity exposure based on the S&P 100 Index (OEX) with an options portfolio intended to generate income.

SVOL 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

  • SIOO 0.59% expense ratio, below the 0.75% typical for options-income funds. Modest toll for an actively managed overlay.
  • The overlay uses S&P 100 (OEX) index options, section 1256 contracts taxed at blended 60/40 rates, and the manager also hunts tax-loss harvesting in the equity sleeve.vistashares.com
  • You keep the stocks. The equity sleeve generally mirrors the S&P 100's mega-cap roster, with the income machinery layered on top rather than replacing it.vistashares.com
  • The payout target is stated up front: 15% a year, distributed monthly. A published yardstick you can hold the fund to, rather than a mystery yield.vistashares.com
  • SVOL 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

  • SIOO 15% is a target, not a coupon. Distributions can include return of capital, which sends part of your own principal back and trims net asset value.vistashares.com
  • Income comes from an actively managed options book, so the outcome rides on manager decisions and options pricing instead of a fixed dividend stream.
  • Launched in December 2025 and still a small, lightly traded fund. Short history and wider bid-ask spreads come with that territory.
  • SVOL 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.

Full SIOO profile⁠

Full SVOL profile⁠

SIOO vs SVOL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SIOO vs SVOL Cost

Overpaying SVOL vs SIOO

$3,367

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SIOO 0.59%

    $11,635

  • SVOL 0.78%

    $15,002

$10,000
30 years

Cost over time

  • SIOO 0.59%
  • SVOL 0.78%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530SVOL $15,002SIOO $11,635

Year by year

YearSIOOSVOLOverpaying
10$1,058$1,388$330
20$4,051$5,268$1,217
30$11,635$15,002$3,367

Expense ratio

  • 0.59%SIOO, cheaper
  • 0.78%SVOL
  • Middle half of Other Index Option Income funds
  • Median 0.74%

SIOO 3rd cheapest of 24 funds

SVOL 19th cheapest of 24 funds

SIOO vs SVOL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SIOO No data
SVOL 21.42%
Payout (12M)
SIOO No data
SVOL $3.44
Last payment
SIOO $0.25
SVOL $0.28
Ex-dividend
SIOO Oct 26, 2026
SVOL Oct 27, 2026
Paid on
SIOO Oct 27, 2026
SVOL Oct 30, 2026
Frequency
SIOO Monthly
SVOL Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

SIOOMonthly · 11 paymentsAll SIOO payments⁠
One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 29, 2025 $0.25; Jan 26, 2026 $0.25; Feb 23, 2026 $0.24; Mar 30, 2026 $0.24; Apr 27, 2026 $0.25; May 26, 2026 $0.25; Jun 29, 2026 $0.24; Jul 27, 2026 $0.25; Aug 24, 2026 $0.25; Sep 28, 2026 $0.25; Oct 26, 2026 $0.25. Use the arrow keys to read each point.$0$0.2520232026YTD
SVOLMonthly · 46 paymentsAll SVOL payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 26, 2023 $0.32; Feb 23, 2023 $0.32; Mar 27, 2023 $0.32; Apr 25, 2023 $0.32; May 25, 2023 $0.32; Jun 27, 2023 $0.32; Jul 26, 2023 $0.30; Aug 28, 2023 $0.30; Sep 27, 2023 $0.30; Oct 26, 2023 $0.30; Nov 27, 2023 $0.30; Dec 26, 2023 $0.31; Jan 26, 2024 $0.30; Feb 26, 2024 $0.30; Mar 25, 2024 $0.30; Apr 25, 2024 $0.30; May 24, 2024 $0.30; Jun 25, 2024 $0.30; Jul 26, 2024 $0.30; Aug 27, 2024 $0.30; Sep 25, 2024 $0.28; Oct 28, 2024 $0.28; Nov 25, 2024 $0.27; Dec 23, 2024 $0.26; Jan 28, 2025 $0.27; Feb 25, 2025 $0.27; Mar 26, 2025 $0.27; Apr 25, 2025 $0.27; May 27, 2025 $0.30; Jun 25, 2025 $0.30; Jul 28, 2025 $0.30; Aug 26, 2025 $0.30; Sep 25, 2025 $0.30; Oct 28, 2025 $0.30; Nov 21, 2025 $0.30; Dec 23, 2025 $0.30; Jan 27, 2026 $0.30; Feb 24, 2026 $0.30; Mar 26, 2026 $0.28; Apr 27, 2026 $0.28; May 26, 2026 $0.28; Jun 25, 2026 $0.28; Jul 28, 2026 $0.28; Aug 26, 2026 $0.28; Sep 25, 2026 $0.28; Oct 27, 2026 $0.28. Use the arrow keys to read each point.$0$0.2520232026YTD

SIOO vs SVOL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SIOO No dataSVOL 14.2%
Return per unit of riskSharpe ratio, 3 years
SIOO No dataSVOL 0.31
Worst fallMax drawdown, 5 years
SIOO No dataSVOL −33.5%
Market sensitivityBeta, 5 years
SIOO 0.57SVOL 0.78

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