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Simplify Bitcoin Strategy PLUS Income ETF (MAXI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US82889N6739

Issuer

Simplify

Inception Date

Sep 29, 2022

Category

Blockchain

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Cryptocurrency

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MAXI vs. BITO MAXI vs. ARKA MAXI vs. BTC-USD MAXI vs. BITC MAXI vs. JEPI MAXI vs. GBTC MAXI vs. IBIT MAXI vs. MSTR MAXI vs. SCHG MAXI vs. YBTC
Popular comparisons:
MAXI vs. BITO MAXI vs. ARKA MAXI vs. BTC-USD MAXI vs. BITC MAXI vs. JEPI MAXI vs. GBTC MAXI vs. IBIT MAXI vs. MSTR MAXI vs. SCHG MAXI vs. YBTC

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify Bitcoin Strategy PLUS Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%JuneJulyAugustSeptemberOctoberNovember
326.67%
66.98%
MAXI (Simplify Bitcoin Strategy PLUS Income ETF)
Benchmark (^GSPC)

Returns By Period

Simplify Bitcoin Strategy PLUS Income ETF had a return of 102.45% year-to-date (YTD) and 121.21% in the last 12 months.


MAXI

YTD

102.45%

1M

41.78%

6M

25.47%

1Y

121.21%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.53%

1M

3.09%

6M

12.87%

1Y

31.32%

5Y (annualized)

13.73%

10Y (annualized)

11.25%

Monthly Returns

The table below presents the monthly returns of MAXI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.79%46.66%12.83%-18.03%15.95%-12.72%8.58%-14.09%6.57%10.01%102.45%
202339.66%-0.06%21.04%3.21%-7.97%15.08%-6.33%-10.72%3.82%27.13%7.44%11.47%144.12%
20223.27%-14.66%-2.03%-13.67%

Expense Ratio

MAXI has a high expense ratio of 11.18%, indicating higher-than-average management fees.


Expense ratio chart for MAXI: current value at 11.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%11.18%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MAXI is 61, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of MAXI is 6161
Overall Rank
The Sharpe Ratio Rank of MAXI is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of MAXI is 5858
Sortino Ratio Rank
The Omega Ratio Rank of MAXI is 5252
Omega Ratio Rank
The Calmar Ratio Rank of MAXI is 7777
Calmar Ratio Rank
The Martin Ratio Rank of MAXI is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Simplify Bitcoin Strategy PLUS Income ETF (MAXI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MAXI, currently valued at 2.05, compared to the broader market-2.000.002.004.002.052.56
The chart of Sortino ratio for MAXI, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.0012.002.613.42
The chart of Omega ratio for MAXI, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.48
The chart of Calmar ratio for MAXI, currently valued at 3.51, compared to the broader market0.005.0010.0015.003.513.69
The chart of Martin ratio for MAXI, currently valued at 8.14, compared to the broader market0.0020.0040.0060.0080.00100.00120.008.1416.38
MAXI
^GSPC

The current Simplify Bitcoin Strategy PLUS Income ETF Sharpe ratio is 2.05. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Simplify Bitcoin Strategy PLUS Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.05
2.56
MAXI (Simplify Bitcoin Strategy PLUS Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Simplify Bitcoin Strategy PLUS Income ETF provided a 37.26% dividend yield over the last twelve months, with an annual payout of $11.08 per share.


5.00%10.00%15.00%20.00%25.00%30.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.0020222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$11.08$5.68$0.42

Dividend yield

37.26%29.63%4.05%

Monthly Dividends

The table displays the monthly dividend distributions for Simplify Bitcoin Strategy PLUS Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.15$0.15$0.15$0.15$0.15$0.15$1.00$1.00$1.00$1.00$2.00$6.90
2023$0.00$0.15$0.15$0.15$0.15$0.15$0.15$0.15$0.15$0.15$0.15$4.18$5.68
2022$0.01$0.01$0.40$0.42

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.41%
-0.23%
MAXI (Simplify Bitcoin Strategy PLUS Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Simplify Bitcoin Strategy PLUS Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Simplify Bitcoin Strategy PLUS Income ETF was 34.54%, occurring on Sep 6, 2024. Recovery took 46 trading sessions.

The current Simplify Bitcoin Strategy PLUS Income ETF drawdown is 5.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.54%Mar 14, 2024122Sep 6, 202446Nov 11, 2024168
-25.99%Nov 7, 20223Nov 9, 202244Jan 17, 202347
-22.9%Jul 14, 202341Sep 11, 202331Oct 24, 202372
-20.36%Feb 21, 202314Mar 10, 20232Mar 14, 202316
-17.04%Jan 10, 20249Jan 23, 202414Feb 12, 202423

Volatility

Volatility Chart

The current Simplify Bitcoin Strategy PLUS Income ETF volatility is 18.95%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
18.95%
3.97%
MAXI (Simplify Bitcoin Strategy PLUS Income ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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