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SPBC vs FDRX

Simplify US Equity PLUS Bitcoin Strategy ETF vs Founder-Led 2x Daily ETF

SPBC

Simplify US Equity PLUS Bitcoin Strategy ETF

Annual cost

0.54%

Fund size

$45M

FDRX

Founder-Led 2x Daily ETF

Annual cost

1.08%

Fund size

$22M

Key differences

SPBC is an alternative ETF, while FDRX is an equity ETF. SPBC charges 0.54% a year and FDRX 1.08%.

  • SPBC is an alternative fund, while FDRX is an equity fund. They carry different risk/return profiles.
  • SPBC follows a multi strategy strategy; FDRX uses leveraged.
  • SPBC costs 0.54% less per year.
  • SPBC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPBCFDRX
Annual cost (TER)0.54%1.08%
Fund size (AUM)$45M$22M
Since20212026
Dividend yield0.82%
Asset classalternativeequity
Regionnorth americanorth america
Strategymulti strategyleveraged
CAGR 1Y+17.8%N/A
CAGR 3Y+27.7%N/A
CAGR 5Y+15.7%N/A
Sharpe 3Y1.27N/A
Volatility 1Y14.86%
Max drawdown-33.81%-38.44%

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

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