Simplify Enhanced Income ETF (HIGH) Performance
HIGH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.9% since Dec 31, 2025
- 1 year
- −3.5% total return
- 3 years
- +1.6% a year
- Since first price
- +2.9% a year since 2022
HIGH trailing returns vs SPY, QQQ, AGG
| Period | HIGH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −1.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.8% | −2.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.1% | −2.7% | +7.8% | +8.4% | −1.5% |
| YTD | −1.9% | −6.1% | +12.3% | +15.1% | −1.0% |
| 1 year | −3.5% | −9.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +4.8%+1.6%/yr | −16.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionOct 28, 2022 | +12.2%+2.9%/yr | −16.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HIGH vs SPY
From Oct 28, 2022: HIGH grew to $11,218, SPY to $20,575.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HIGH returns by calendar year
3 of 3 full years positive. Best 2023 (+7.7%), worst 2024 (+1.5%). 2026 is year to date.
HIGH annual returns table
| Year | HIGH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.9% | −5.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.4% | −8.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +1.5% | −3.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +7.7% | −1.0% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HIGH risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +2.0% | +3.3% |
| Volatility (annualized) | 7.0% | 6.1% |
| Sharpe ratio | -0.31 | -0.17 |
| Sortino ratio | -0.50 | -0.27 |
| Best month | +9.0% | +9.0% |
| Worst month | −3.8% | −3.8% |
| Best 12 months | +7.2% | +7.7% |
| Worst 12 months | −4.4% | −4.4% |
| Positive months | 64% | 68% |
| Beta vs S&P 500 | 0.14 | — |
| Correlation with S&P 500 | 0.26 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HIGH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 37 | −4.4% | +4.4% | +7.7% | 76% |
| 3-year (a year) | 13 | +1.6% | +2.9% | +5.5% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
HIGH performance overview
Simplify Enhanced Income ETF (HIGH) returned −3.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +2.9% a year, turning $10,000 into about $11,218. Over the same year S&P 500 (SPY) returned +14.4%.
Related: HIGH chart, HIGH dividends. See the HIGH overview for the latest quote and fund facts.
HIGH performance FAQ
What is the HIGH return over the past year?
HIGH returned −3.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 9.3%.
How much would $10,000 invested in HIGH be worth?
$10,000 invested in HIGH at its first recorded close on October 28, 2022 would be worth about $11,218 on October 23, 2026 with distributions reinvested.
What was the worst year for HIGH?
The worst calendar year was 2024, with a total return of +1.5%. The best was 2023 at +7.7%.
How volatile is HIGH?
Over the past 3 years HIGH had an annualized volatility of 7.0% and a Sharpe ratio of -0.31 (excess return over 1–3 month T-bills per unit of risk).