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SSPY vs MAXI

Stratified LargeCap Index ETF vs Simplify Bitcoin Strategy ETF

SSPY

Stratified LargeCap Index ETF

Annual cost

0.45%

Fund size

$125M

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

Key differences

SSPY is an equity ETF, while MAXI is an alternative ETF. SSPY charges 0.45% a year and MAXI 1.31%.

  • SSPY is an equity fund, while MAXI is an alternative fund. They carry different risk/return profiles.
  • SSPY follows a index tracking strategy; MAXI uses option income.
  • SSPY costs 0.86% less per year.
  • SSPY is much larger than MAXI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SSPY has delivered higher annualized returns.

Side-by-side comparison

SSPYMAXI
Annual cost (TER)0.45%1.31%
Fund size (AUM)$125M$31M
Since20192022
Dividend yield1.26%57.40%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+21.3%-62.1%
CAGR 3Y+14.9%+12.2%
CAGR 5Y+9.2%N/A
Sharpe 3Y0.840.45
Volatility 1Y10.78%65.36%
Max drawdown-36.67%-68.11%

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

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