Simplify Piper Sandler US Small-Cap PLUS… (LITL) Performance
LITL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +17.6% since Dec 31, 2025
- 1 year
- +23.8% total return
- Since first price
- +40.4% since 2025
LITL trailing returns vs SPY, QQQ, AGG
| Period | LITL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.5% | +2.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +1.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.3% | +10.1% | +7.8% | +8.4% | −1.5% |
| YTD | +17.6% | +15.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.8% | +20.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 29, 2025 | +40.4% | +36.0% | — | — | — |
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: LITL vs SPY
From Apr 29, 2025: LITL grew to $14,038, SPY to $13,937.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LITL returns by calendar year
2026 is year to date.
LITL annual returns table
| Year | LITL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +17.6% | −9.3% | +12.3% | +15.1% | −1.0% |
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.
LITL risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +24.5% |
| Volatility (annualized) | 15.2% |
| Sharpe ratio | 1.28 |
| Sortino ratio | 2.89 |
| Best month | +9.8% |
| Worst month | −5.5% |
| Best 12 months | +29.4% |
| Worst 12 months | +19.1% |
| Positive months | 65% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
LITL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 7 | +19.1% | +24.2% | +29.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
LITL performance overview
Simplify Piper Sandler US Small-Cap PLUS… (LITL) returned +23.8% over the past year, with distributions reinvested. Since its first recorded price on Apr 29, 2025 it has returned +40.4%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: LITL chart, LITL dividends. See the LITL overview for the latest quote and fund facts.
LITL performance FAQ
What is the LITL return over the past year?
LITL returned +23.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.2%.
How much would $10,000 invested in LITL be worth?
$10,000 invested in LITL at its first recorded close on April 29, 2025 would be worth about $14,038 on October 23, 2026 with distributions reinvested.
How volatile is LITL?
Over the past history LITL had an annualized volatility of 15.2% and a Sharpe ratio of 1.28 (excess return over 1–3 month T-bills per unit of risk).