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MAXI vs FTLS

Simplify Bitcoin Strategy ETF vs First Trust Long/Short Equity ETF

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both MAXI and FTLS are alternative ETFs. MAXI charges 1.31% a year and FTLS 1.38%. The main difference: MAXI follows a option income strategy; FTLS uses long short.

  • MAXI follows a option income strategy; FTLS uses long short.
  • MAXI costs 0.07% less per year.
  • FTLS is much larger than MAXI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FTLS has delivered higher annualized returns.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MAXIFTLS
Annual cost (TER)1.31%1.38%
Fund size (AUM)$31M$2.3B
Since20222014
Dividend yield57.40%0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y-62.1%+14.5%
CAGR 3Y+12.2%+14.1%
CAGR 5YN/A+10.0%
Sharpe 3Y0.451.02
Volatility 1Y65.36%8.36%
Max drawdown-68.11%-20.54%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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