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CDX vs SPBC

Simplify High Yield ETF vs Simplify US Equity PLUS Bitcoin Strategy ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

SPBC

Simplify US Equity PLUS Bitcoin Strategy ETF

Simplify Asset Management

Annual cost

0.54%

Fund size

$43M

Key differences

  • CDX costs 0.29% less per year.
  • CDX is significantly larger than SPBC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPBC has delivered higher annualized returns.

Side-by-side comparison

CDXSPBC
Annual cost (TER)0.25%0.54%
Fund size (AUM)$440M$43M
Since20222021
Dividend yield8.37%0.86%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y-0.6%+24.7%
CAGR 3Y+7.6%+29.4%
CAGR 5YN/AN/A
Sharpe 3Y0.401.36
Volatility 1Y5.68%14.59%
Max drawdown-13.24%-33.81%

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

Similar to CDX and SPBC