Screener
SPBC vs BHDG
Simplify US Equity PLUS Bitcoin Strategy ETF vs Nicholas Bitcoin Tail ETF
Key differences
Both SPBC and BHDG are alternative ETFs. SPBC charges 0.54% a year and BHDG 0.97%. The main difference: SPBC follows a multi strategy strategy; BHDG uses option income.
- SPBC follows a multi strategy strategy; BHDG uses option income.
- SPBC costs 0.43% less per year.
- SPBC is much larger than BHDG. Larger funds are usually more liquid and less likely to close.
- SPBC has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| SPBC | BHDG | |
|---|---|---|
| Annual cost (TER) | 0.54% | 0.97% |
| Fund size (AUM) | $45M | $14M |
| Since | 2021 | 2026 |
| Dividend yield | 0.82% | — |
| Asset class | alternative | alternative |
| Region | north america | — |
| Strategy | multi strategy | option income |
| CAGR 1Y | +17.8% | N/A |
| CAGR 3Y | +27.7% | N/A |
| CAGR 5Y | +15.7% | N/A |
| Sharpe 3Y | 1.27 | N/A |
| Volatility 1Y | 14.86% | — |
| Max drawdown | -33.81% | -15.07% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.