Screener
BHDG vs SPBC
Nicholas Bitcoin Tail ETF vs Simplify US Equity PLUS Bitcoin Strategy ETF
Key differences
Both BHDG and SPBC are alternative ETFs. BHDG charges 0.97% a year and SPBC 0.54%. The main difference: BHDG follows a option income strategy; SPBC uses multi strategy.
- BHDG follows a option income strategy; SPBC uses multi strategy.
- SPBC costs 0.43% less per year.
- SPBC is much larger than BHDG. Larger funds are usually more liquid and less likely to close.
- SPBC has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| BHDG | SPBC | |
|---|---|---|
| Annual cost (TER) | 0.97% | 0.54% |
| Fund size (AUM) | $14M | $45M |
| Since | 2026 | 2021 |
| Dividend yield | — | 0.82% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | option income | multi strategy |
| CAGR 1Y | N/A | +17.8% |
| CAGR 3Y | N/A | +27.7% |
| CAGR 5Y | N/A | +15.7% |
| Sharpe 3Y | N/A | 1.27 |
| Volatility 1Y | — | 14.86% |
| Max drawdown | -15.07% | -33.81% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.