Simplify Propel Opportunities ETF (SURI) Performance
SURI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.4% since Dec 31, 2025
- 1 year
- +11.8% total return
- 3 years
- +13.3% a year
- Since first price
- +5.4% a year since 2023
SURI trailing returns vs SPY, QQQ, AGG
| Period | SURI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −7.8% | −11.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.9% | −8.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.6% | −0.4% | +7.8% | +8.4% | −1.5% |
| YTD | +12.4% | −0.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.8% | −4.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +45.5%+13.3%/yr | −9.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 8, 2023 | +21.4%+5.4%/yr | −32.6% | — | — | — |
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: SURI vs SPY
From Feb 8, 2023: SURI grew to $12,142, SPY to $19,403.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SURI returns by calendar year
1 of 2 full years positive. Best 2025 (+28.3%), worst 2024 (−13.3%). 2026 is year to date.
SURI annual returns table
| Year | SURI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.4% | −16.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +28.3% | −27.2% | +17.7% | +20.8% | +7.2% |
| 2024 | −13.3% | −39.4% | +24.9% | +25.6% | +1.3% |
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.
SURI largest drawdowns
Now 16.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 7, 2024 | −47.8% | Apr 8, 2025 | Aug 19, 2026 | 5 months | 1.8 years |
| Feb 15, 2023 | −19.4% | Oct 27, 2023 | Feb 12, 2024 | 8 months | 12 months |
| Mar 1, 2024 | −16.8% | Apr 25, 2024 | Jul 15, 2024 | 55 days | 4 months |
| Aug 27, 2026 | −16.4% | Oct 19, 2026 | not yet | 53 days | 57 days so far |
| Jul 16, 2024 | −12.5% | Sep 12, 2024 | Nov 1, 2024 | 58 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SURI risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +11.9% | +8.1% |
| Volatility (annualized) | 30.5% | 29.9% |
| Sharpe ratio | 0.38 | 0.26 |
| Sortino ratio | 0.58 | 0.39 |
| Best month | +24.1% | +24.1% |
| Worst month | −17.2% | −17.2% |
| Best 12 months | +45.5% | +46.8% |
| Worst 12 months | −28.7% | −28.7% |
| Positive months | 58% | 56% |
| Beta vs S&P 500 | 1.20 | — |
| Correlation with S&P 500 | 0.49 | — |
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.
SURI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 33 | −28.7% | +16.8% | +46.8% | 67% |
| 3-year (a year) | 9 | +5.0% | +9.3% | +14.3% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
SURI performance overview
Simplify Propel Opportunities ETF (SURI) returned +11.8% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +5.4% a year, turning $10,000 into about $12,142. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −47.8%, from Nov 7, 2024 to Apr 8, 2025, and it took 1.4 years to get back to the old high. Volatility has been 29.9% a year.
Related: SURI chart, SURI holdings, SURI dividends. See the SURI overview for the latest quote and fund facts.
SURI performance FAQ
What is the SURI return over the past year?
SURI returned +11.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.8%.
How much would $10,000 invested in SURI be worth?
$10,000 invested in SURI at its first recorded close on February 8, 2023 would be worth about $12,142 on October 23, 2026 with distributions reinvested.
What was the worst year for SURI?
The worst calendar year was 2024, with a total return of −13.3%. The best was 2025 at +28.3%.
What is the biggest drawdown of SURI?
The largest peak-to-trough decline was −47.8% between November 7, 2024 and April 8, 2025. It recovered to the old high on August 19, 2026, 1.4 years after the bottom.
How volatile is SURI?
Over the past 3 years SURI had an annualized volatility of 30.5% and a Sharpe ratio of 0.38 (excess return over 1–3 month T-bills per unit of risk).