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HEQT vs MAXI

Simplify Hedged Equity ETF vs Simplify Bitcoin Strategy ETF

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

Key differences

Both HEQT and MAXI are alternative ETFs. HEQT charges 0.43% a year and MAXI 1.31%. The main difference: HEQT follows a long short strategy; MAXI uses option income.

  • HEQT follows a long short strategy; MAXI uses option income.
  • HEQT costs 0.88% less per year.
  • HEQT is much larger than MAXI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

HEQTMAXI
Annual cost (TER)0.43%1.31%
Fund size (AUM)$323M$31M
Since20212022
Dividend yield1.19%57.40%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+13.6%-62.1%
CAGR 3Y+13.2%+12.2%
CAGR 5YN/AN/A
Sharpe 3Y1.160.45
Volatility 1Y6.52%65.36%
Max drawdown-11.51%-68.11%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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