Screener
MAXI vs FAAR
Simplify Bitcoin Strategy ETF vs First Trust Alternative Absolute Return Strategy ETF
Key differences
Both MAXI and FAAR are alternative ETFs. MAXI charges 1.31% a year and FAAR 0.98%. The main difference: MAXI follows a option income strategy; FAAR uses long short.
- MAXI follows a option income strategy; FAAR uses long short.
- FAAR costs 0.33% less per year.
- FAAR is much larger than MAXI. Larger funds are usually more liquid and less likely to close.
- Over the last three years, MAXI has delivered higher annualized returns.
- FAAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| MAXI | FAAR | |
|---|---|---|
| Annual cost (TER) | 1.31% | 0.98% |
| Fund size (AUM) | $31M | $176M |
| Since | 2022 | 2016 |
| Dividend yield | 57.40% | 9.19% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | option income | long short |
| CAGR 1Y | -62.1% | +33.2% |
| CAGR 3Y | +12.2% | +11.1% |
| CAGR 5Y | N/A | +7.4% |
| Sharpe 3Y | 0.45 | 0.67 |
| Volatility 1Y | 65.36% | 13.49% |
| Max drawdown | -68.11% | -18.03% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.