{"url":"https://etfiq.com/compare/alternatives/svol-vs-zvol","section":"compare","title":"SVOL vs ZVOL: which moved less with stocks? | ETFIQ","description":"SVOL and ZVOL both run volatility strategies. Over the year to Oct 9, 2026, SVOL had a correlation of +0.74 with the S&P 500 and ZVOL +0.65.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, SVOL or ZVOL?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Oct 9, 2026, SVOL\u2019s weekly returns had a correlation of +0.74 with the S&P 500 and ZVOL\u2019s +0.65, so ZVOL moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, SVOL or ZVOL?","acceptedAnswer":{"@type":"Answer","text":"In the 21 weeks the S&P 500 fell, by 1.18% a week on average, SVOL averaged \u22120.92% and ZVOL \u22120.77%, so ZVOL returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, SVOL or ZVOL?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, SVOL finished 15.8 percentage points ahead of cash and ZVOL finished 24.6 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, SVOL or ZVOL?","acceptedAnswer":{"@type":"Answer","text":"SVOL charges 0.66% a year and ZVOL charges 1.42%, so SVOL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"SVOL vs ZVOL","item":"https://etfiq.com/compare/alternatives/svol-vs-zvol"}]},{"@type":"WebPage","name":"SVOL vs ZVOL: which moved less with stocks?","description":"SVOL and ZVOL both run volatility strategies. Over the year to Oct 9, 2026, SVOL had a correlation of +0.74 with the S&P 500 and ZVOL +0.65.","url":"https://etfiq.com/compare/alternatives/svol-vs-zvol","dateModified":"2026-10-09","abstract":"Over the year to Oct 9, 2026, ZVOL moved less with the S&P 500 than SVOL: correlation +0.65 against +0.74.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SVOL and ZVOL","description":"SVOL and ZVOL both run volatility strategies. Over the year to Oct 9, 2026, SVOL had a correlation of +0.74 with the S&P 500 and ZVOL +0.65.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/svol-vs-zvol","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6748,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Head to head / SVOL vs ZVOL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n SVOL vs ZVOL: which moved less with stocks?\n\n Over the year to Oct 9, 2026, ZVOL moved less with the S&P 500 than SVOL: correlation +0.65 against +0.74.\n Copy this for sharing \n \n SVOL costs 0.76 points a year less; their one-year returns differ by 11.3 points; SVOL is far larger, $525m against $20m.\n SVOL and ZVOL at a glance. As of Oct 9, 2026. Source: ETFIQ. SVOL ZVOL \n Expense ratio 0.66% 1.42% \n Net assets, as of Oct 8, 2026 $525m $20m \n Total return, 1 year +13.6","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SVOL against ZVOL, data as of Oct 9, 2026. https://etfiq.com/compare/alternatives/svol-vs-zvol","a":{"ticker":"SVOL","name":"Simplify Volatility Premium ETF","issuer":"Simplify","desk":"alternatives","as_of":"2026-10-09","verdict":"In the S&P 500\u2019s down weeks over the year to Oct 9, 2026, SVOL fell 78% as much as the index.","url":"https://etfiq.com/funds/svol","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.74","as_of":"2026-10-09","source":null},{"label":"Beta to the S&P 500","value":"+0.66","as_of":"2026-10-09","source":null},{"label":"Down-week capture","value":"77.5%","as_of":"2026-10-09","source":null},{"label":"Against T-bills, 52 weeks","value":"+15.8 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$525m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"0.66%","as_of":"2026-10-09","source":"485BPOS XBRL, Oct 28, 2025"}]},"b":{"ticker":"ZVOL","name":"Volatility Premium Plus ETF","issuer":"Volatility Shares","desk":"alternatives","as_of":"2026-10-09","verdict":"In the S&P 500\u2019s down weeks over the year to Oct 9, 2026, ZVOL fell 66% as much as the index.","url":"https://etfiq.com/funds/zvol","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.65","as_of":"2026-10-09","source":null},{"label":"Beta to the S&P 500","value":"+0.85","as_of":"2026-10-09","source":null},{"label":"Down-week capture","value":"65.5%","as_of":"2026-10-09","source":null},{"label":"Against T-bills, 52 weeks","value":"+24.6 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$20m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"1.42%","as_of":"2026-10-09","source":"485BPOS XBRL, Jun 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/svol-vs-zvol"}