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ISMF vs MAXI

iShares Managed Futures Active ETF vs Simplify Bitcoin Strategy ETF

ISMF

iShares Managed Futures Active ETF

Annual cost

0.80%

Fund size

$59M

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

Key differences

Both ISMF and MAXI are alternative ETFs. ISMF charges 0.80% a year and MAXI 1.31%. The main difference: ISMF follows a managed futures strategy; MAXI uses option income.

  • ISMF follows a managed futures strategy; MAXI uses option income.
  • ISMF covers global markets; MAXI covers North America.
  • ISMF costs 0.51% less per year.

Side-by-side comparison

ISMFMAXI
Annual cost (TER)0.80%1.31%
Fund size (AUM)$59M$31M
Since20252022
Dividend yield2.49%57.40%
Asset classalternativealternative
Regionglobalnorth america
Strategymanaged futuresoption income
CAGR 1Y+20.7%-62.3%
CAGR 3YN/A+9.7%
CAGR 5YN/AN/A
Sharpe 3YN/A0.41
Volatility 1Y7.99%65.98%
Max drawdown-4.23%-68.11%

Similar to ISMF and MAXI