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 159 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% | 8.68B | Mar 2019 | SPD vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.56M | Sep 2025 | SPD vs GXLC | |
| Schwab 1000 Index ETF | 0.03% | 5.77B | Oct 2017 | SPD vs SCHK | |
| Schwab U.S. Broad Market ETF | 0.03% | 43.66B | Nov 2009 | SPD vs SCHB | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.03% | 95.15B | Jan 2004 | SPD vs ITOT |
Best Risk-Adjusted Alternatives to SPD
SPD has a PortfoliosLab risk / return rank of 27. There are 187 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ARS Focused Opportunities Strategy ETF | 95 | 293.98M | Jun 2025 | SPD vs AFOS | |
| Invesco RAFI Strategic US ETF | 94 | 894.46M | Sep 2018 | SPD vs IUS | |
| Return Stacked US Stocks & Futures Yield ETF | 93 | — | May 2024 | SPD vs RSSY | |
| Avantis Inflation Focused Equity ETF | 92 | 10.66M | Sep 2022 | SPD vs AVIE | |
| PIMCO RAFI ESG U.S. ETF | 89 | 160.47M | Dec 2019 | SPD vs RAFE |
Top Performing SPD Alternatives (YTD)
SPD is at 6.38% YTD. There are 198 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 40.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 40.20% | 33.11M | Nov 2023 | SPD vs NRSH | |
| Mohr Company Nav ETF | 35.88% | — | Sep 2024 | SPD vs CNAV | |
| Return Stacked US Stocks & Futures Yield ETF | 31.93% | — | May 2024 | SPD vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 29.03% | 293.98M | Jun 2025 | SPD vs AFOS | |
| iShares MSCI USA Momentum Factor ETF | 25.95% | 27.36B | Apr 2013 | SPD vs MTUM |
Lowest Volatility Alternatives to SPD
SPD has 13.03% 1-year volatility. There are 128 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 6.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | 6.37% | 42.09M | May 2023 | SPD vs BDGS | |
| Azoria 500 Meritocracy ETF | 7.68% | — | Jul 2025 | SPD vs SPXM | |
| iShares MSCI USA Min Vol Factor ETF | 8.48% | 23.36B | Oct 2011 | SPD vs USMV | |
| 6 Meridian Mega Cap Equity ETF | 8.87% | 402.23M | May 2020 | SPD vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | 9.26% | 168.13M | May 2022 | SPD vs SELV |
Lowest Drawdown Alternatives to SPD
SPD has a 1-year max drawdown of -11.90%. There are 179 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.03%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Bridges Capital Tactical ETF | -4.03% | 42.09M | May 2023 | SPD vs BDGS | |
| Avantis Inflation Focused Equity ETF | -4.97% | 10.66M | Sep 2022 | SPD vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | SPD vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | SPD vs SIXA | |
| SEI Enhanced Low Volatility US Large Cap ETF | -5.92% | 168.13M | May 2022 | SPD vs SELV |
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 | 2.12% | 538.77M | May 2021 | SPD vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 9 | 0.33% | 1.51B | Mar 2022 | SPD vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 76 | 5.68% | 300.35M | Nov 2021 | SPD vs HEQT | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 95 | 2.36% | 474.96M | Oct 2022 | SPD vs BUCK | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -36.84% | 25.97M | Sep 2022 | SPD vs MAXI | |
| Simplify Interest Rate Hedge ETF | Hedge Fund | 6 | -0.95% | 167.19M | May 2021 | SPD vs PFIX | |
| Simplify High Yield ETF | High Yield Bonds | 6 | -2.68% | 387.11M | Feb 2022 | SPD vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 5 | -0.37% | 71.03M | Oct 2022 | SPD vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 45 | 0.00% | 570.38M | Feb 2022 | SPD vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 40 | -0.33% | 1.53B | 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