ETFIQetfiq.com · independent ETF data
SVOL Simplify Volatility Premium ETF
Volatility fund: sells volatility through VIX futures and pays out what it collectsSimplify0.66% fee$525mFirst traded May 13, 2021SEC filings ↗Every Simplify fund ETFIQ covers
In the S&P 500’s down weeks over the year to Oct 9, 2026, SVOL fell 78% as much as the index.
+0.74
Correlation with the S&P 500
+0.66
Beta to the S&P 500
77.5%
Down-week capture
+15.8 pts
Against T-bills, 52 weeks
Get the weekly ETF note
Four ranked ETF lists in one email every Friday morning. Free, with no recommendations. The last note
Fell 78% as much as the S&P 500
SVOL in the 21 weeks SPY fell, year to Oct 9, 2026: SPY averaged −1.18%, SVOL −0.92%.
| Window | The fund | S&P 500 | Difference, percentage points |
|---|---|---|---|
| 3M Jul 10 – Oct 9, 2026 | +8.3% | +3.4% | +4.9 pts |
| 6M Apr 10 – Oct 9, 2026 | +17.5% | +15.2% | +2.3 pts |
| 1Y Oct 9, 2025 – Oct 9, 2026 | +13.6% | +17.3% | −3.7 pts |
| 3Y Oct 10, 2023 – Oct 9, 2026 | +28.6% | +85.8% | −57.2 pts |
| Since launch May 13, 2021 – Oct 9, 2026 | +61.9% | +104.3% | −42.4 pts |
Source: ETFIQ.
SVOL beside every volatility income fund · 3 months
Every volatility income fund ETFIQ covers: what each paid out as a share of its starting price, and what it returned with and without those payouts.
SVOL beside every volatility income fund · 6 months
| Fund | Issuer | Paid out | Price | Total return |
|---|---|---|---|---|
| SVOL | Simplify | 10.7% | +5.8% | +17.5% |
| ZVOL | Volatility Shares | 32.9% | −11.9% | +25.9% |
SVOL beside every volatility income fund · 1 year
| Fund | Issuer | Paid out | Price | Total return |
|---|---|---|---|---|
| SVOL | Simplify | 19.1% | −7.8% | +13.6% |
| ZVOL | Volatility Shares | 49.3% | −34.0% | +24.9% |
Volatility income funds, to Oct 8, 2026. Source: Tiingo end-of-day prices, Cboe VIX futures settlements and VIX index closes; ETFIQ calculation.
In plain words
IssuerSimplify
Strategy (ETFIQ, from its prospectus)Volatility
Expense ratio (485BPOS XBRL, Oct 28, 2025)0.66%
Net assets (issuer page, as of Oct 8, 2026)$525m
Structurefund registered under the 1940 Act
Index its own filing namesnone: it is actively managed
Volatility group (ETFIQ)Volatility income
SVOL against spot VIX, 1 month+2.0% against −2.0% for the VIX index (15.72 to 15.41), Sep 8, 2026 to Oct 8, 2026
SVOL against spot VIX, 3 months+8.2% against −2.7% for the VIX index (15.84 to 15.41), Jul 9, 2026 to Oct 8, 2026
SVOL against spot VIX, 1 year+12.6% against −5.5% for the VIX index (16.30 to 15.41), Oct 8, 2025 to Oct 8, 2026
Roll of the short-term VIX futures, 1 month−4.5%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −4.7% while the constant-maturity futures price moved −0.3%, Sep 8, 2026 to Oct 8, 2026; in contango on 22 of 22 days
Roll of the short-term VIX futures, 3 months−19.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −20.9% while the constant-maturity futures price moved −1.9%, Jul 9, 2026 to Oct 8, 2026; in contango on 64 of 64 days
Roll of the short-term VIX futures, 1 year−47.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −49.6% while the constant-maturity futures price moved −4.1%, Oct 8, 2025 to Oct 8, 2026; in contango on 220 of 251 days
Front two VIX futures on Oct 8, 202617.62 and 18.01, a contango of 2.2%
SVOL paid out against its return, 3 months5.2% of its starting price paid out; price +2.8%, total return +8.3%, Jul 10, 2026 to Oct 9, 2026
SVOL paid out against its return, 6 months10.7% of its starting price paid out; price +5.8%, total return +17.5%, Apr 10, 2026 to Oct 9, 2026
SVOL paid out against its return, 1 year19.1% of its starting price paid out; price −7.8%, total return +13.6%, Oct 9, 2025 to Oct 9, 2026
VIX spike, Jul 8, 2024 to Aug 5, 2024VIX 12.37 to 38.57; SVOL −10.5%
VIX spike, Mar 25, 2025 to Apr 8, 2025VIX 17.15 to 52.33; SVOL −27.2%
VIX spike, Feb 27, 2026 to Mar 27, 2026VIX 19.86 to 31.05; SVOL −7.0%
Weeks measured52, from Oct 10, 2025 to Oct 9, 2026
Weeks the S&P 500 fell21
The S&P 500 in those weeks, on average−1.18%
SVOL in those weeks, on average−0.92%
SVOL total return over those weeks+19.4%
T-bills (BIL) over the same weeks+3.7%
First tradedMay 13, 2021
Days traded90
Quotedon an exchange, every trading day
How this is computed
Weekly closes from Tiingo with distributions reinvested, 52 weeks to the same date for the fund, SPY and BIL. ETFIQ calculation. How these figures are computed
Questions people ask about SVOL
- Does SVOL move with the S&P 500?
- Over the year to Oct 9, 2026, SVOL’s weekly returns had a correlation of +0.74 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +0.66, so for each 1% the index moved it moved about 0.66% the same way.
- What did SVOL do when stocks fell?
- The S&P 500 fell in 21 of the 52 weeks to Oct 9, 2026, by 1.18% on average. In those weeks SVOL fell 0.92% on average, a down-week capture of 77.5%.
- Did SVOL earn more than cash?
- Over the same 52 weeks SVOL returned +19.4% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. SVOL finished 15.8 percentage points ahead of it.
- What does SVOL cost?
- The prospectus expense ratio is 0.66% a year.
- Why is SVOL listed as volatility?
- ETFIQ files each fund by what its own prospectus says it does, and SVOL’s describes a volatility fund.
- What did rolling the VIX futures cost over the last year?
- Holding the short-term VIX futures returned −49.6% from Oct 8, 2025 to Oct 8, 2026, while the constant-maturity futures price moved −4.1%. The difference, −47.4%, is the roll: what selling the expiring month and buying the next cost. A fund short these futures collects it instead.
- How much did SVOL pay out against what it returned?
- From Oct 9, 2025 to Oct 9, 2026, SVOL paid out 19.1% of its starting price. Its price moved −7.8% and its total return, with the payouts reinvested, was +13.6%.
Sources and dates
Prices, SVOL and S&P 500Prices, Tiingo end of day ↗
Net assets, $525mIssuer page · Oct 8, 2026
IssuerCboe VIX index history ↗
IssuerSimplify website ↗
All fund filingsFund filings on SEC EDGAR ↗
ETFIQ links to the documents behind every figure; a link is not an endorsement.
Cite this page
ETFIQ, SVOL, alternatives ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/svol
ETFIQ. (Oct 9, 2026). SVOL, alternatives ETFs. Retrieved from https://etfiq.com/funds/svol
[SVOL, alternatives ETFs (ETFIQ, Oct 9, 2026)](https://etfiq.com/funds/svol)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
Correlation
How closely the fund’s weekly returns moved with the S&P 500’s over the last year, from −1 to 1. At 1 the two rise and fall together, at 0 there is no pattern, and below 0 the fund tended to move the other way.
Beta
How far the fund moved, on average, for each 1% move in the S&P 500 over the same weeks. At 0.3 it moved about 0.3% the same way; below 0 it moved the other way.
Down week
A week in which the S&P 500 fell, measured through SPY with dividends reinvested. A week that ended exactly level is not a down week.
Down-week capture
The fund’s average return in the S&P 500’s down weeks as a share of the index’s own average in those weeks. At 100% it fell as much, at 50% half as much, and below zero it rose. It is weekly and covers one year, so it is not the same figure as Morningstar’s downside capture.
Against T-bills
The fund’s total return minus a short Treasury bill fund’s (BIL) over the same year, in percentage points. A fund can steady a portfolio and still earn less than cash.
SVOL, Alternatives ETFs, ETFIQ, data as of Oct 9, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.