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MAXI vs SPD

Simplify Bitcoin Strategy ETF vs Simplify US Equity PLUS Downside Convexity ETF

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

SPD

Simplify US Equity PLUS Downside Convexity ETF

Annual cost

0.53%

Fund size

$108M

Key differences

Both MAXI and SPD are alternative ETFs. MAXI charges 1.31% a year and SPD 0.53%. The main difference: MAXI follows a option income strategy; SPD uses volatility strategy.

  • MAXI follows a option income strategy; SPD uses volatility strategy.
  • SPD costs 0.78% less per year.
  • SPD is much larger than MAXI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SPD has delivered higher annualized returns.

Side-by-side comparison

MAXISPD
Annual cost (TER)1.31%0.53%
Fund size (AUM)$31M$108M
Since20222020
Dividend yield57.40%0.95%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomevolatility strategy
CAGR 1Y-63.1%+10.4%
CAGR 3Y+12.6%+16.7%
CAGR 5YN/A+7.7%
Sharpe 3Y0.450.78
Volatility 1Y65.40%13.37%
Max drawdown-68.11%-27.38%

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

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