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DEFI vs MAXI

Hashdex Bitcoin ETF vs Simplify Bitcoin Strategy ETF

DEFI

Hashdex Bitcoin ETF

Annual cost

0.25%

Fund size

$10M

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$33M

Key differences

  • DEFI costs 1.06% less per year.
  • MAXI is significantly larger than DEFI — larger funds tend to be more liquid and less likely to close.
  • DEFI is classified as cryptocurrency, while MAXI is alternative — different risk/return profiles.
  • Over the last 3 years, DEFI has delivered higher annualized returns.

Side-by-side comparison

DEFIMAXI
Annual cost (TER)0.25%1.31%
Fund size (AUM)$10M$33M
Since20222022
Dividend yield0.00%57.71%
Asset classcryptocurrencyalternative
Regionnorth america
Strategyoption income
CAGR 1Y-31.1%-55.9%
CAGR 3Y+35.3%+18.2%
CAGR 5YN/AN/A
Sharpe 3Y0.790.53
Volatility 1Y43.34%66.05%
Max drawdown-49.60%-65.93%

Similar to DEFI and MAXI