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 160 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% | 8.89B | Mar 2019 | SPD vs BBUS | |
| Global X U.S. 500 ETF | 0.02% | 4.50M | Sep 2025 | SPD vs GXLC | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.00B | Jun 2016 | SPD vs USPX | |
| Schwab U.S. Large-Cap ETF | 0.03% | 71.82B | Nov 2009 | SPD vs SCHX | |
| Vanguard Total Stock Market ETF | 0.03% | 2.30T | May 2001 | SPD vs VTI |
Best Risk-Adjusted Alternatives to SPD
SPD has a PortfoliosLab risk / return rank of 38. There are 180 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 96 | 927.09M | Sep 2018 | SPD vs IUS | |
| Avantis Inflation Focused Equity ETF | 96 | 12.36M | Sep 2022 | SPD vs AVIE | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | SPD vs AFOS | |
| PIMCO RAFI ESG U.S. ETF | 94 | 160.47M | Dec 2019 | SPD vs RAFE | |
| Essential 40 Stock ETF | 94 | 180.66M | Jun 2014 | SPD vs ESN |
Top Performing SPD Alternatives (YTD)
SPD is at 7.33% YTD. There are 203 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 35.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 35.88% | 33.11M | Nov 2023 | SPD vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 30.52% | — | May 2024 | SPD vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 30.16% | 293.98M | Jun 2025 | SPD vs AFOS | |
| Mohr Company Nav ETF | 26.09% | — | Sep 2024 | SPD vs CNAV | |
| First Trust Bloomberg Inflation Sensitive Equity E... | 23.66% | 5.62M | Mar 2023 | SPD vs FTIF |
Lowest Volatility Alternatives to SPD
SPD has 13.29% 1-year volatility. There are 127 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 7.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Azoria 500 Meritocracy ETF | 7.38% | — | Jul 2025 | SPD vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | 9.02% | 402.23M | May 2020 | SPD vs SIXA | |
| State Street SPDR MSCI USA StrategicFactors ETF | 9.22% | 1.53B | Apr 2015 | SPD vs QUS | |
| Liberty One Spectrum ETF | 9.36% | 65.78M | Sep 2025 | SPD vs SPCT | |
| ALPS Equal Sector Weight ETF | 9.47% | 744.97M | Jul 2009 | SPD vs EQL |
Lowest Drawdown Alternatives to SPD
SPD has a 1-year max drawdown of -11.90%. There are 174 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | -4.97% | 12.36M | 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 | |
| Invesco RAFI Strategic US ETF | -6.15% | 927.09M | Sep 2018 | SPD vs IUS | |
| ALPS Equal Sector Weight ETF | -6.19% | 744.97M | Jul 2009 | SPD vs EQL |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 15 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 | 42 | 1.56% | 523.04M | May 2021 | SPD vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 15 | -0.51% | 1.56B | Mar 2022 | SPD vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 83 | 6.73% | 296.16M | Nov 2021 | SPD vs HEQT | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 93 | 2.60% | 489.70M | Oct 2022 | SPD vs BUCK | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 2 | -35.16% | 24.53M | Sep 2022 | SPD vs MAXI | |
| Simplify Interest Rate Hedge ETF | Inverse Bonds, Nontraditional Bonds | 17 | 11.17% | 182.81M | May 2021 | SPD vs PFIX | |
| Simplify High Yield ETF | High Yield Bonds | 4 | -3.19% | 377.28M | Feb 2022 | SPD vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 10 | 0.14% | 66.82M | Oct 2022 | SPD vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 31 | -0.13% | 574.10M | Feb 2022 | SPD vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 33 | -0.45% | 1.49B | 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