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IMF vs MAXI

Invesco Managed Futures Strategy ETF vs Simplify Bitcoin Strategy ETF

IMF

Invesco Managed Futures Strategy ETF

Annual cost

0.65%

Fund size

$304M

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

Key differences

Both IMF and MAXI are alternative ETFs. IMF charges 0.65% a year and MAXI 1.31%. The main difference: IMF follows a managed futures strategy; MAXI uses option income.

  • IMF follows a managed futures strategy; MAXI uses option income.
  • IMF costs 0.66% less per year.
  • IMF is much larger than MAXI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

IMFMAXI
Annual cost (TER)0.65%1.31%
Fund size (AUM)$304M$31M
Since20252022
Dividend yield0.89%57.40%
Asset classalternativealternative
Regionnorth america
Strategymanaged futuresoption income
CAGR 1Y+18.3%-62.3%
CAGR 3YN/A+9.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.41
Volatility 1Y10.53%65.98%
Max drawdown-15.10%-68.11%

Similar to IMF and MAXI