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MAXI vs BITU

Simplify Bitcoin Strategy ETF vs Proshares Ultra Bitcoin ETF

MAXI

Simplify Bitcoin Strategy ETF

Simplify Asset Management

Annual cost

1.31%

Fund size

$33M

BITU

Proshares Ultra Bitcoin ETF

ProShares

Annual cost

0.98%

Fund size

$513M

Key differences

  • BITU costs 0.33% less per year.
  • BITU is significantly larger than MAXI — larger funds tend to be more liquid and less likely to close.
  • MAXI is classified as alternative, while BITU is cryptocurrency — different risk/return profiles.
  • MAXI follows a option income strategy; BITU uses leveraged.

Side-by-side comparison

MAXIBITU
Annual cost (TER)1.31%0.98%
Fund size (AUM)$33M$513M
Since20222024
Dividend yield57.71%19.70%
Asset classalternativecryptocurrency
Regionnorth america
Strategyoption incomeleveraged
CAGR 1Y-55.9%-66.2%
CAGR 3Y+18.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.53N/A
Volatility 1Y66.05%86.08%
Max drawdown-65.93%-77.76%

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

Similar to MAXI and BITU