SVOL Total Return Analyzer

SVOL total return combines two components: the cumulative distributions you received from SVOL over the holding period, and the change in NAV (share price) across the same window. Many high-yield funds advertise distribution rates that look spectacular in isolation but mask meaningful NAV erosion. The analyzer above shows exactly how much of your SVOL return came from distributions versus price change — a 50% annualized distribution rate paired with a 30% NAV decline is a very different investment than a 50% distribution with flat NAV.

Simplify Volatility Premium ETF (SVOL) is issued by Simplify. Holds Treasuries and shorts VIX futures at roughly -0.2x to -0.3x leverage, capturing the volatility risk premium (the gap between implied and realized volatility). Monthly distributions of ~$0.30/share, yield ~21%. A small long-call option overlay protects against tail vol spikes. Works best in low/moderate-vol regimes; struggles when VIX stays elevated — NAV drawdown during vol-spike regimes is the main risk. That strategy directly shapes the gap between headline yield and real yield: option-premium and covered-call funds tend to show large gaps, while traditional dividend ETFs and index funds usually show small ones.

For the detail behind each payment, see the SVOL dividend history. To project how future SVOL distributions compound under DRIP, open the SVOL dividend calculator.