CCSO vs NMB

Comparison between CARBON COLLECTIVE CLIMATE SOLUTIONS U.S. EQUITY ETF (CCSO, ETF) and Simplify National Muni Bond ETF (NMB, ETF).

CCSO vs NMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CCSO(ETF)	NMB(ETF)
Net Assets	$48M	$48M
Expense Ratio	0.35%	0.52%
Max Drawdown	23.69%	15.60%
Sharpe Ratio	1.04	0.31
5Y Beta	1.14	0.35
P/E Ratio	-37.23	N/A
Forward P/E	21.73	N/A
5Y EPS CAGR	15.80%	N/A
Debt to Equity	38.91%	N/A
P/S Ratio	1.33	N/A
P/B Ratio	3.57	N/A

Net Assets

CCSO

$48M

NMB

$48M

Expense Ratio

Winner

CCSO

0.35%

NMB

0.52%

Max Drawdown

CCSO

23.69%

Winner

NMB

15.60%

Sharpe Ratio

Winner

CCSO

1.04

NMB

0.31

5Y Beta

CCSO

1.14

Winner

NMB

0.35

P/E Ratio

CCSO

-37.23

NMB

N/A

Forward P/E

CCSO

21.73

NMB

N/A

5Y EPS CAGR

CCSO

15.80%

NMB

N/A

Debt to Equity

CCSO

38.91%

NMB

N/A

P/S Ratio

CCSO

1.33

NMB

N/A

P/B Ratio

CCSO

3.57

NMB

N/A

CCSO vs NMB - Historical Returns

Returns include dividend reinvestment.

Period	CCSO	NMB
1 month	-1.92%	+0.71%
3 months	+8.01%	+2.93%
6 months	+13.40%	+1.54%
1 year	+28.27%	+5.00%
Max(CAGR)	+10.89%	+3.99%

CCSO

-1.92%

Winner

NMB

+0.71%

Winner

CCSO

+8.01%

NMB

+2.93%

Winner

CCSO

+13.40%

NMB

+1.54%

Winner

CCSO

+28.27%

NMB

+5.00%

Max(CAGR)

Winner

CCSO

+10.89%

NMB

+3.99%

CCSO vs NMB - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	CCSO	NMB
2026	+11.54%	+0.96%
2025	+21.63%	+7.48%
2024	+6.04%	-1.90%
2023	+15.84%	N/A
2022	-11.56%	N/A

CCSO vs NMB Drawdown Comparison

The maximum drawdown for CCSO was -23.69%, occurring on Oct 27, 2023. Recovery took 322 trading sessions.

The maximum drawdown for NMB was -13.67%, occurring on Apr 8, 2025. Recovery took 104 trading sessions.

The current CCSO drawdown is -5.98%. The current NMB drawdown is -1.70%.

Rank	CCSO	NMB
#1	-23.69% Jul 31, 2023 - Nov 7, 2024	-13.67% Dec 9, 2024 - May 12, 2025
#2	-22.82% Dec 9, 2024 - Jun 9, 2025	-7.26% May 13, 2025 - Oct 13, 2025
#3	-14.87% Sep 20, 2022 - Feb 2, 2023	-5.50% Oct 28, 2025 - Mar 24, 2026
#4	-12.63% Feb 2, 2023 - Jun 30, 2023	-3.24% Oct 1, 2024 - Nov 25, 2024
#5	-11.62% Feb 11, 2026 - Apr 22, 2026	-0.57% Oct 20, 2025 - Oct 24, 2025
#6	-10.79% Oct 15, 2025 - Jan 16, 2026	-0.51% Oct 13, 2025 - Oct 20, 2025
#7	-10.24% Jun 2, 2026 - Jun 10, 2026	-0.18% Sep 23, 2024 - Sep 27, 2024
#8	-7.32% May 6, 2026 - Jun 2, 2026	-0.18% Dec 4, 2024 - Dec 6, 2024
#9	-5.81% Jul 25, 2025 - Sep 19, 2025	-0.10% Sep 27, 2024 - Oct 1, 2024
#10	-4.25% Nov 11, 2024 - Nov 22, 2024	-0.09% Sep 16, 2024 - Sep 19, 2024
#11	-3.21% Jan 28, 2026 - Feb 6, 2026	N/A
#12	-2.96% Apr 23, 2026 - Apr 30, 2026	N/A
#13	-2.87% Oct 8, 2025 - Oct 13, 2025	N/A
#14	-2.50% Jul 3, 2023 - Jul 10, 2023	N/A
#15	-2.38% Jun 16, 2025 - Jun 24, 2025	N/A