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WZRD vs SPD

Opportunistic Trader ETF vs Simplify US Equity PLUS Downside Convexity ETF

WZRD

Opportunistic Trader ETF

Tuttle Capital Management, LLC

Annual cost

1.00%

Fund size

$4M

SPD

Simplify US Equity PLUS Downside Convexity ETF

Simplify Asset Management

Annual cost

0.53%

Fund size

$109M

Key differences

  • SPD costs 0.47% less per year.
  • SPD is significantly larger than WZRD — larger funds tend to be more liquid and less likely to close.
  • WZRD follows a structured outcome strategy; SPD uses option income.
  • SPD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WZRDSPD
Annual cost (TER)1.00%0.53%
Fund size (AUM)$4M$109M
Since20252020
Dividend yield1.00%
Asset classalternativealternative
Regionnorth americanorth america
Strategystructured outcomeoption income
CAGR 1YN/A+15.3%
CAGR 3YN/A+18.4%
CAGR 5YN/A+8.3%
Sharpe 3YN/A0.87
Volatility 1Y13.38%
Max drawdown-71.81%-27.38%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to WZRD and SPD