CANC vs SVOL
Tema Oncology ETF vs Simplify Volatility Premium ETF
Which is better, CANC or SVOL?
CANC has been ahead.
SVOL has a lower expense ratio. CANC led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CANC | SVOL |
|---|---|---|
| Expense Ratio | 0.75% | 0.66%Best |
| AUM | $197M | $530M |
| Dividend Yield | 0.05% | 21.23% |
| Holdings | 118 | 109 |
| YTD Return | +14.86%Best | +11.39% |
| 1Y Return | +34.85%Best | +17.01% |
| 3Y Return (annualized) | +22.41%Best | +8.93% |
| 5Y Return (annualized) | - | +7.72% |
| Volatility (annualized) | 19.4% | 13.9%Best |
| Max Drawdown | -26.1%Best | -33.5% |
| $10,000 over 3.2 years | $16,937Best | $13,075 |
| Fund Family | Tema Global Limited | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 15, 2023 | May 12, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
CANC vs SVOL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
CANC vs SVOL Performance
Tema Oncology ETF (CANC) is an ETF from Tema Global Limited and Simplify Volatility Premium ETF (SVOL) is an ETF from Simplify Exchange Traded Funds. Over the past year CANC returned +34.85% while SVOL returned +17.01%. Year to date, CANC is up 14.86% versus a gain of 11.39% for SVOL.
Over three years, CANC compounded at +22.41% per year against +8.93% for SVOL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CANC has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 13.9% for SVOL. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.1% for CANC and -33.5% for SVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
CANC charges 0.75% per year while SVOL charges 0.66%. On a $10,000 position that is $75 vs $66 annually, a gap of $9 per year that compounds over a long holding period. On income, CANC currently yields 0.05% against 21.23% for SVOL.
Holdings Overlap
We hold position weights for 59 holdings in CANC and 10 in SVOL, totalling 100.1% and 48.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 59 positions we hold weights for in CANC and 10 in SVOL, against full books of 118 and 109.
You are not choosing between two funds in isolation.
Whichever of CANC and SVOL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CANC or SVOL?
CANC has an expense ratio of 0.75% while SVOL charges 0.66%. SVOL is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, CANC or SVOL?
Over the past year CANC returned +34.85% vs +17.01% for SVOL, so CANC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CANC or SVOL?
CANC has been the more volatile fund at 19.4% annualized versus 13.9% for SVOL. Worst drawdown: CANC -26.1% vs SVOL -33.5%.
Should I hold both CANC and SVOL?
CANC and SVOL have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CANC or SVOL?
CANC yields 0.05% while SVOL yields 21.23%, so SVOL currently pays the higher dividend yield.
Is SVOL better than CANC?
SVOL has a lower expense ratio. CANC led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.