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BINC vs SBAR

iShares Flexible Income Active ETF vs Simplify Barrier Income ETF

BINC

iShares Flexible Income Active ETF

iShares

Annual cost

0.40%

Fund size

$16.9B

SBAR

Simplify Barrier Income ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$291M

Key differences

  • BINC costs 0.35% less per year.
  • BINC is significantly larger than SBAR — larger funds tend to be more liquid and less likely to close.
  • BINC is classified as fixed income, while SBAR is alternative — different risk/return profiles.
  • BINC follows a active selection strategy; SBAR uses option income.

Side-by-side comparison

BINCSBAR
Annual cost (TER)0.40%0.75%
Fund size (AUM)$16.9B$291M
Since20232025
Dividend yield5.60%12.88%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1Y+6.3%+13.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y2.29%9.58%
Max drawdown-2.69%-5.32%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BINC and SBAR