SVOL vs XVOL
Simplify Volatility Premium ETF vs Acruence Active Hedge US Equity ETF
Which is better, SVOL or XVOL?
Each has led over a different period.
SVOL has a lower expense ratio. SVOL led over the full window, XVOL 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 | SVOL | XVOL |
|---|---|---|
| Expense Ratio | 0.66%Best | 0.83% |
| AUM | $530M | $2M |
| Dividend Yield | 21.23% | 2.00% |
| Holdings | 109 | 83 |
| Volatility (annualized) | 13.7%Best | 16.7% |
| Max Drawdown | -33.5% | -25.8%Best |
| $10,000 over 4.9 years | $13,976Best | $12,642 |
| Fund Family | Simplify Exchange Traded Funds | Acruence Capital, LLC |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 12, 2021 | Apr 21, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 181 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SVOL has data through Oct 14, 2026 and XVOL through Apr 16, 2026.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: May 13, 2021 to Apr 16, 2026 (4.9 years).
Risk: Volatility and Drawdowns
XVOL has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 13.7% 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 -33.5% for SVOL and -25.8% for XVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SVOL charges 0.66% per year while XVOL charges 0.83%. On a $10,000 position that is $66 vs $83 annually, a gap of $17 per year that compounds over a long holding period. On income, SVOL currently yields 21.23% against 2.00% for XVOL.
Holdings Overlap
We hold position weights for 10 holdings in SVOL and 81 in XVOL, totalling 48.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 257 days apart, SVOL as of Sep 14, 2026 and XVOL as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 10 positions we hold weights for in SVOL and 81 in XVOL, against full books of 109 and 83.
You are not choosing between two funds in isolation.
Whichever of SVOL and XVOL 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, SVOL or XVOL?
SVOL has an expense ratio of 0.66% while XVOL charges 0.83%. SVOL is the cheaper option, by $17 a year on a $10,000 investment.
Which is riskier, SVOL or XVOL?
XVOL has been the more volatile fund at 16.7% annualized versus 13.7% for SVOL. Worst drawdown: SVOL -33.5% vs XVOL -25.8%.
Should I hold both SVOL and XVOL?
SVOL and XVOL have a monthly-return correlation of 0.69, 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, SVOL or XVOL?
SVOL yields 21.23% while XVOL yields 2.00%, so SVOL currently pays the higher dividend yield.
Is XVOL better than SVOL?
SVOL has a lower expense ratio. SVOL led over the full window, XVOL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.