Simplify US Equity PLUS Downside Convexity ETF (SPD) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPD
SPD charges 0.53% annually. There are 156 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.54B | Mar 2019 | SPD vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.51M | Sep 2025 | SPD vs GXLC | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.55B | Oct 2000 | SPD vs SPTM | |
| Franklin U.S. Equity Index ETF | 0.03% | 1.98B | Jun 2016 | SPD vs USPX | |
| Schwab U.S. Large-Cap ETF | 0.03% | 72.05B | Nov 2009 | SPD vs SCHX |
Best Risk-Adjusted Alternatives to SPD
SPD has a PortfoliosLab risk / return rank of 28. There are 181 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 90 | 1.04B | Sep 2018 | SPD vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 90 | — | May 2024 | SPD vs RSSY | |
| Mohr Company Nav ETF | 84 | — | Sep 2024 | SPD vs CNAV | |
| Longview Advantage ETF | 84 | 562.31M | Feb 2025 | SPD vs EBI | |
| Pacer Swan SOS Conservative (December) ETF | 84 | 46.99M | Dec 2020 | SPD vs PSCX |
Top Performing SPD Alternatives (YTD)
SPD is at 4.76% YTD. There are 196 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 46.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mohr Company Nav ETF | 46.16% | — | Sep 2024 | SPD vs CNAV | |
| Aztlan North America Nearshoring Stock Selection E... | 43.75% | 33.11M | Nov 2023 | SPD vs NRSH | |
| iShares MSCI USA Momentum Factor ETF | 32.00% | 28.16B | Apr 2013 | SPD vs MTUM | |
| ARS Focused Opportunities Strategy ETF | 31.60% | 293.98M | Jun 2025 | SPD vs AFOS | |
| Return Stacked US Stocks & Futures Yield ETF | 29.90% | — | May 2024 | SPD vs RSSY |
Lowest Volatility Alternatives to SPD
SPD has 13.65% 1-year volatility. There are 170 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 2.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest Laddered Max Buffer ETF | 2.38% | — | Jun 2025 | SPD vs BUFH | |
| FT Vest Laddered Enhance & Moderate Buffer ETF | 4.05% | — | Jun 2025 | SPD vs BUFX | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | 4.51% | 457.76M | Jun 2020 | SPD vs DJUN | |
| Innovator U.S. Equity Ultra Buffer ETF - June | 4.60% | 171.95M | Jun 2019 | SPD vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 5.09% | 369.81M | May 2020 | SPD vs DMAY |
Lowest Drawdown Alternatives to SPD
SPD has a 1-year max drawdown of -11.90%. There are 186 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -2.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Ultra Buffer ETF - June | -2.84% | 171.95M | Jun 2019 | SPD vs UJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - June | -3.15% | 457.76M | Jun 2020 | SPD vs DJUN | |
| FT Cboe Vest U.S. Equity Deep Buffer ETF - May | -3.36% | 369.81M | May 2020 | SPD vs DMAY | |
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | SPD vs BDGS | |
| FT Cboe Vest U.S. Equity Buffer ETF - June | -4.13% | 1.89B | Jun 2020 | SPD vs FJUN |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 14 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | Volatility | 27 | -0.40% | 547.01M | May 2021 | SPD vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 10 | 0.24% | 1.57B | Mar 2022 | SPD vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 63 | 4.02% | 316.92M | Nov 2021 | SPD vs HEQT | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 2 | -36.54% | 25.20M | Sep 2022 | SPD vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 5 | -6.98% | 201.47M | May 2021 | SPD vs PFIX | |
| Simplify High Yield PLUS Credit Hedge ETF | High Yield Bonds | 6 | -1.51% | 398.24M | Feb 2022 | SPD vs CDX | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 86 | 2.12% | 465.86M | Oct 2022 | SPD vs BUCK | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 7 | -0.79% | 72.39M | Oct 2022 | SPD vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 36 | 0.68% | 512.36M | Feb 2022 | SPD vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 39 | -0.06% | 1.55B | Nov 2023 | SPD vs MTBA |
Often Compared With SPD
Investors most often compare SPD with SPY, XBI, SPUC. These 19 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare SPD with Any Fund or Stock
Compare SPD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPD with funds that move differently
Simplify US Equity PLUS Downside Convexity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPD.
Explore SPD Diversifiers