LITL vs REFA

Comparison between Simplify Piper Sandler US SmallCap PLUS Income ETF (LITL, ETF) and COLUMBIA RESEARCH ENHANCED INTERNATIONAL EQUITY ETF (REFA, ETF).

LITL vs REFA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LITL(ETF)	REFA(ETF)
Net Assets	$5.50M	$5.60M
Expense Ratio	0.91%	0.32%
Max Drawdown	9.74%	32.28%
Sharpe Ratio	0.99	0.04
5Y Beta	1.16	1.11
P/E Ratio	11.61	N/A
Forward P/E	12.65	N/A
5Y Dividends CAGR	N/A	-50.57%
5Y EPS CAGR	20.63%	N/A
Debt to Equity	333.11%	N/A
P/S Ratio	1.32	N/A
P/B Ratio	2.24	N/A

Net Assets

LITL

$5.50M

Winner

REFA

$5.60M

Expense Ratio

LITL

0.91%

Winner

REFA

0.32%

Max Drawdown

Winner

LITL

9.74%

REFA

32.28%

Sharpe Ratio

Winner

LITL

0.99

REFA

0.04

5Y Beta

LITL

1.16

Winner

REFA

1.11

P/E Ratio

LITL

11.61

REFA

N/A

Forward P/E

LITL

12.65

REFA

N/A

5Y Dividends CAGR

LITL

N/A

REFA

-50.57%

5Y EPS CAGR

LITL

20.63%

REFA

N/A

Debt to Equity

LITL

333.11%

REFA

N/A

P/S Ratio

LITL

1.32

REFA

N/A

P/B Ratio

LITL

2.24

REFA

N/A

LITL vs REFA - Historical Returns

Returns include dividend reinvestment.

Period	LITL	REFA
1 month	+7.30%	+4.62%
3 months	+13.43%	+6.53%
6 months	+9.38%	+10.92%
1 year	+24.74%	N/A
5 years(CAGR)	N/A	-1.71%
10 years(CAGR)	N/A	-0.30%
Max(CAGR)	+27.77%	-0.30%

Winner

LITL

+7.30%

REFA

+4.62%

Winner

LITL

+13.43%

REFA

+6.53%

LITL

+9.38%

Winner

REFA

+10.92%

LITL

+24.74%

REFA

N/A

5Y(CAGR)

LITL

N/A

REFA

-1.71%

10Y(CAGR)

LITL

N/A

REFA

-0.30%

Max(CAGR)

Winner

LITL

+27.77%

REFA

-0.30%

LITL vs REFA - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	LITL	REFA
2026	+11.72%	+9.09%
2025	+18.37%	+0.53%
2020	N/A	-2.78%
2019	N/A	+16.54%
2018	N/A	-15.95%
2017	N/A	+12.46%

LITL vs REFA Drawdown Comparison

The maximum drawdown for LITL was -9.32%, occurring on Mar 20, 2026. Recovery took 59 trading sessions.

The maximum drawdown for REFA was -27.93%, occurring on Dec 17, 2025. This drawdown has not yet recovered.

The current REFA drawdown is -19.14%.

Rank	LITL	REFA
#1	-9.32% Jan 22, 2026 - Apr 17, 2026	-27.93% Jan 26, 2018 - Dec 17, 2025
#2	-8.53% Jul 3, 2025 - Aug 22, 2025	-2.46% Nov 1, 2017 - Nov 30, 2017
#3	-7.68% Sep 11, 2025 - Nov 26, 2025	-1.26% Aug 8, 2017 - Sep 7, 2017
#4	-4.19% May 1, 2026 - May 27, 2026	-1.13% Nov 30, 2017 - Dec 12, 2017
#5	-3.90% May 13, 2025 - Jun 6, 2025	-0.98% Oct 24, 2017 - Nov 1, 2017
#6	-3.21% Jun 10, 2025 - Jun 26, 2025	-0.72% Dec 13, 2017 - Dec 19, 2017
#7	-3.08% Dec 11, 2025 - Jan 12, 2026	-0.65% Oct 16, 2017 - Oct 24, 2017
#8	-1.90% Apr 20, 2026 - May 1, 2026	-0.64% Sep 22, 2017 - Sep 29, 2017
#9	-1.65% Jan 15, 2026 - Jan 21, 2026	-0.40% Jan 17, 2018 - Jan 19, 2018
#10	-1.60% Jun 1, 2026 - Jun 4, 2026	-0.36% Sep 29, 2017 - Oct 10, 2017
#11	-1.59% Aug 27, 2025 - Sep 4, 2025	-0.20% Jan 24, 2018 - Jan 26, 2018
#12	-1.45% Jun 4, 2026 - Jun 9, 2026	-0.14% Dec 19, 2017 - Dec 21, 2017
#13	-1.34% Aug 22, 2025 - Aug 27, 2025	-0.14% Jan 12, 2018 - Jan 17, 2018
#14	-1.15% Nov 26, 2025 - Dec 3, 2025	-0.13% Jan 8, 2018 - Jan 11, 2018
#15	-1.15% Sep 4, 2025 - Sep 11, 2025	-0.11% Sep 12, 2017 - Sep 19, 2017