Screener
SPBC vs LQ
Simplify US Equity PLUS Bitcoin Strategy ETF vs Simplify Tax Aware Alternatives ETF
Key differences
SPBC is an alternative ETF, while LQ is an equity ETF. SPBC charges 0.54% a year and LQ 0.15%.
- SPBC is an alternative fund, while LQ is an equity fund. They carry different risk/return profiles.
- SPBC follows a multi strategy strategy; LQ uses active selection.
- SPBC covers North America; LQ covers global markets.
- LQ costs 0.39% less per year.
- SPBC is much larger than LQ. 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 | LQ | |
|---|---|---|
| Annual cost (TER) | 0.54% | 0.15% |
| Fund size (AUM) | $45M | $2M |
| Since | 2021 | 2026 |
| Dividend yield | 0.82% | — |
| Asset class | alternative | equity |
| Region | north america | global |
| Strategy | multi strategy | active selection |
| 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% | -4.44% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.