NITE vs SVOL
The Nightview Fund ETF vs Simplify Volatility Premium ETF
Which is better, NITE or SVOL?
Each has led over a different period.
SVOL has a lower expense ratio. NITE led over the full window, SVOL over 1Y.
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 | NITE | SVOL |
|---|---|---|
| Expense Ratio | 1.25% | 0.66%Best |
| AUM | $35M | $530M |
| Dividend Yield | 0.00% | 21.23% |
| Holdings | 38 | 109 |
| YTD Return | +4.15% | +11.39%Best |
| 1Y Return | +10.11% | +17.01%Best |
| 3Y Return (annualized) | - | +8.93% |
| 5Y Return (annualized) | - | +7.72% |
| Volatility (annualized) | 20.6% | 15.8%Best |
| Max Drawdown | -29.6%Best | -33.5% |
| $10,000 over 2.3 years | $15,420Best | $11,412 |
| Fund Family | Nightview Capital | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 21, 2024 | May 12, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 24, 2024 to Oct 14, 2026 (2.3 years).
NITE 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 2.3 years both funds cover.
NITE vs SVOL Performance
The Nightview Fund ETF (NITE) is an ETF from Nightview Capital and Simplify Volatility Premium ETF (SVOL) is an ETF from Simplify Exchange Traded Funds. Over the past year NITE returned +10.11% while SVOL returned +17.01%. Year to date, NITE is up 4.15% versus a gain of 11.39% for SVOL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 15.8% 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 -29.6% for NITE 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NITE charges 1.25% per year while SVOL charges 0.66%. On a $10,000 position that is $125 vs $66 annually, a gap of $59 per year that compounds over a long holding period. On income, NITE currently yields 0.00% against 21.23% for SVOL.
Holdings Overlap
We hold position weights for 19 holdings in NITE and 10 in SVOL, totalling 99.8% 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 19 positions we hold weights for in NITE and 10 in SVOL, against full books of 38 and 109.
You are not choosing between two funds in isolation.
Whichever of NITE 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, NITE or SVOL?
NITE has an expense ratio of 1.25% while SVOL charges 0.66%. SVOL is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, NITE or SVOL?
Over the past year NITE returned +10.11% vs +17.01% for SVOL, so SVOL leads on 1-year performance. Over the longest common window we track (2 years), NITE annualized +20.72% vs +5.91% for SVOL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NITE or SVOL?
NITE has been the more volatile fund at 20.6% annualized versus 15.8% for SVOL. Worst drawdown: NITE -29.6% vs SVOL -33.5%.
Should I hold both NITE and SVOL?
NITE and SVOL have a monthly-return correlation of 0.61, 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, NITE or SVOL?
NITE yields 0.00% while SVOL yields 21.23%, so SVOL currently pays the higher dividend yield.
Is SVOL better than NITE?
SVOL has a lower expense ratio. NITE led over the full window, SVOL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.