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SPBC vs HEQT

Simplify US Equity PLUS Bitcoin Strategy ETF vs Simplify Hedged Equity ETF

SPBC

Simplify US Equity PLUS Bitcoin Strategy ETF

Annual cost

0.54%

Fund size

$45M

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

Key differences

Both SPBC and HEQT are alternative ETFs. SPBC charges 0.54% a year and HEQT 0.43%. The main difference: SPBC follows a multi strategy strategy; HEQT uses long short.

  • SPBC follows a multi strategy strategy; HEQT uses long short.
  • HEQT costs 0.11% less per year.
  • HEQT is much larger than SPBC. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SPBC has delivered higher annualized returns.

Side-by-side comparison

SPBCHEQT
Annual cost (TER)0.54%0.43%
Fund size (AUM)$45M$323M
Since20212021
Dividend yield0.82%1.19%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategylong short
CAGR 1Y+17.8%+13.6%
CAGR 3Y+27.7%+13.2%
CAGR 5Y+15.7%N/A
Sharpe 3Y1.271.16
Volatility 1Y14.86%6.52%
Max drawdown-33.81%-11.51%

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

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