SVOL vs IQI

Comparison between SIMPLIFY VOLATILITY PREMIUM ETF (SVOL, ETF) and Invesco Quality Municipal Income Trust (IQI, ETF).

5-Year PerformanceSVOL has outperformed IQI, delivering a return of +7.1% compared to +0.3%

SVOL vs IQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SVOL(ETF)	IQI(ETF)
Net Assets	$543M	$541M
Expense Ratio	0.66%	N/A
Max Drawdown	50.81%	55.16%
Sharpe Ratio	0.73	1.53
5Y Beta	1.52	0.23
5Y Dividends CAGR	N/A	4.12%

Net Assets

Winner

SVOL

$543M

IQI

$541M

Expense Ratio

SVOL

0.66%

IQI

N/A

Max Drawdown

Winner

SVOL

50.81%

IQI

55.16%

Sharpe Ratio

SVOL

0.73

Winner

IQI

1.53

5Y Beta

SVOL

1.52

Winner

IQI

0.23

5Y Dividends CAGR

SVOL

N/A

IQI

4.12%

SVOL vs IQI - Historical Returns

Returns include dividend reinvestment.

Period	SVOL	IQI
1 month	+1.84%	+1.32%
3 months	+7.66%	+3.65%
6 months	+1.73%	+4.03%
1 year	+15.62%	+18.85%
5 years(CAGR)	+7.14%	+0.31%
10 years(CAGR)	N/A	+2.59%
Max(CAGR)	+8.12%	+5.36%

Winner

SVOL

+1.84%

IQI

+1.32%

Winner

SVOL

+7.66%

IQI

+3.65%

SVOL

+1.73%

Winner

IQI

+4.03%

SVOL

+15.62%

Winner

IQI

+18.85%

5Y(CAGR)

Winner

SVOL

+7.14%

IQI

+0.31%

10Y(CAGR)

SVOL

N/A

IQI

+2.59%

Max(CAGR)

Winner

SVOL

+8.12%

IQI

+5.36%

SVOL vs IQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SVOL	IQI
2026	+2.84%	+5.73%
2025	+2.74%	+8.56%
2024	+6.52%	+9.98%
2023	+22.95%	+4.31%
2022	-5.04%	-27.10%
2021	+12.25%	+9.25%
2020	N/A	+8.86%
2019	N/A	+15.59%
2018	N/A	-4.47%
2017	N/A	+6.13%
2016	N/A	+2.85%
2015	N/A	+8.13%
2014	N/A	+19.39%
2013	N/A	-14.68%
2012	N/A	+7.81%
2011	N/A	+19.74%
2010	N/A	+8.35%
2009	N/A	+33.00%
2008	N/A	-20.84%
2007	N/A	-8.00%
2006	N/A	+10.77%
2005	N/A	+10.91%
2004	N/A	+1.23%
2003	N/A	+11.68%
2002	N/A	+7.07%
2001	N/A	+9.01%
2000	N/A	+16.17%
1999	N/A	-6.11%

SVOL vs IQI Drawdown Comparison

The maximum drawdown for SVOL was -33.48%, occurring on Apr 8, 2025. Recovery took 351 trading sessions.

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The current SVOL drawdown is -0.37%. The current IQI drawdown is -2.14%.

Rank	SVOL	IQI
#1	-33.48% Feb 19, 2025 - Jul 15, 2026	-50.21% May 7, 2007 - Feb 3, 2010
#2	-15.56% Jan 12, 2022 - May 8, 2023	-35.34% Jul 29, 2021 - Jul 14, 2026
#3	-10.91% Jul 12, 2024 - Aug 15, 2024	-26.28% Mar 4, 2020 - Nov 24, 2020
#4	-8.52% Nov 4, 2021 - Jan 4, 2022	-22.85% Jul 25, 2012 - Jan 13, 2015
#5	-6.89% Dec 4, 2024 - Jan 23, 2025	-18.18% Sep 30, 2010 - Oct 28, 2011
#6	-5.11% Jul 2, 2021 - Aug 10, 2021	-13.33% Aug 18, 2016 - Apr 10, 2019
#7	-4.99% Sep 2, 2021 - Oct 14, 2021	-11.24% Mar 23, 2004 - Feb 4, 2005
#8	-4.66% Aug 27, 2024 - Nov 13, 2024	-10.07% Jun 17, 2003 - Jan 15, 2004
#9	-4.61% Sep 14, 2023 - Nov 6, 2023	-9.68% Nov 5, 1999 - Feb 3, 2000
#10	-3.79% Mar 27, 2024 - May 3, 2024	-9.35% Feb 2, 2015 - Dec 1, 2015
#11	-2.85% Jun 11, 2021 - Jun 24, 2021	-8.54% Sep 12, 2000 - Jan 2, 2001
#12	-2.14% Jan 4, 2022 - Jan 12, 2022	-7.40% Mar 1, 2012 - Jun 11, 2012
#13	-2.10% May 14, 2021 - May 26, 2021	-7.23% Oct 2, 2002 - Feb 27, 2003
#14	-1.84% Aug 12, 2021 - Aug 27, 2021	-7.19% Feb 4, 2002 - Jul 10, 2002
#15	-1.71% Oct 25, 2021 - Nov 2, 2021	-7.14% Feb 8, 2000 - Jul 18, 2000

Correlation

Correlation between SVOL and IQI is 0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

0.24

-101

Dividend Comparison (2000 - 2026)

SVOL vs IQI dividend yield comparison.

Year	SVOL	IQI
2026	10.58%	4.39%
2025	19.82%	7.60%
2024	16.79%	6.48%
2023	16.36%	4.70%
2022	18.32%	5.82%
2021	4.65%	4.53%
2020	0.00%	4.61%
2019	0.00%	4.88%
2018	0.00%	6.04%
2017	0.00%	5.33%
2016	0.00%	6.15%
2015	0.00%	6.08%
2014	0.00%	6.24%
2013	0.00%	7.39%
2012	0.00%	6.43%
2011	0.00%	6.46%
2010	0.00%	6.96%
2009	0.00%	6.59%
2008	0.00%	7.30%
2007	0.00%	5.66%
2006	0.00%	6.73%
2005	0.00%	7.70%
2004	0.00%	6.33%
2003	0.00%	8.51%
2002	0.00%	8.43%
2001	0.00%	8.85%
2000	0.00%	2.65%