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MAXI vs HEQT

Simplify Bitcoin Strategy ETF vs Simplify Hedged Equity ETF

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both MAXI and HEQT are alternative ETFs. MAXI charges 1.31% a year and HEQT 0.43%. The main difference: MAXI follows a option income strategy; HEQT uses long short.

  • MAXI follows a option income strategy; HEQT uses long short.
  • HEQT costs 0.88% less per year.
  • HEQT is much larger than MAXI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

MAXIHEQT
Annual cost (TER)1.31%0.43%
Fund size (AUM)$31M$323M
Since20222021
Dividend yield57.40%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomelong short
CAGR 1Y-63.1%+12.7%
CAGR 3Y+12.6%+12.9%
CAGR 5YN/AN/A
Sharpe 3Y0.451.12
Volatility 1Y65.40%6.49%
Max drawdown-68.11%-11.51%

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

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