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MAXI vs DEFI

Simplify Bitcoin Strategy ETF vs Hashdex Bitcoin ETF

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$33M

DEFI

Hashdex Bitcoin ETF

Annual cost

0.25%

Fund size

$10M

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.
  • MAXI is classified as alternative, while DEFI is cryptocurrency — different risk/return profiles.
  • Over the last 3 years, DEFI has delivered higher annualized returns.

Side-by-side comparison

MAXIDEFI
Annual cost (TER)1.31%0.25%
Fund size (AUM)$33M$10M
Since20222022
Dividend yield57.71%0.00%
Asset classalternativecryptocurrency
Regionnorth america
Strategyoption income
CAGR 1Y-55.9%-31.1%
CAGR 3Y+18.2%+35.3%
CAGR 5YN/AN/A
Sharpe 3Y0.530.79
Volatility 1Y66.05%43.34%
Max drawdown-65.93%-49.60%

Similar to MAXI and DEFI