LQID vs. BUCK

Last updated Jul 18, 2026

LQID (Kurv Enhanced Short Maturity ETF) and BUCK (Simplify Treasury Option Income ETF) are both exchange-traded funds - LQID is a Ultrashort Bond fund actively managed by Kurv, while BUCK is a Government Bonds fund actively managed by Simplify. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. Both charge a 0.35% expense ratio.

Performance

LQID vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Enhanced Short Maturity ETF (LQID) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LQID

• 1D: 0.08%
• 1M: 0.34%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUCK

• 1D: 0.00%
• 1M: 0.26%
• 6M: 1.88%
• YTD: 2.42%
• 1Y: 7.25%
• 3Y*: 5.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LQID vs. BUCK - Yearly Performance Comparison

	2026 (YTD)
LQID Kurv Enhanced Short Maturity ETF	0.64%
BUCK Simplify Treasury Option Income ETF	0.81%

Correlation

The correlation between LQID and BUCK is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 13, 2026	0.12

Return for Risk

LQID vs. BUCK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LQID

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BUCK

BUCK Risk / Return Rank: 96
BUCK Sharpe Ratio Rank: 94
BUCK Sortino Ratio Rank: 95
BUCK Omega Ratio Rank: 95
BUCK Calmar Ratio Rank: 97
BUCK Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LQID vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Enhanced Short Maturity ETF (LQID) and Simplify Treasury Option Income ETF (BUCK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LQID	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	—	2.74	—
Sortino ratio: Return per unit of downside risk	—	4.24	—
Omega ratio: Gain probability vs. loss probability	—	1.61	—
Calmar ratio: Return relative to maximum drawdown	—	8.97	—
Martin ratio: Return relative to average drawdown	—	42.04	—

Drawdowns

LQID vs. BUCK - Drawdown Comparison

The maximum LQID drawdown since its inception was -0.14%, smaller than the maximum BUCK drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for LQID and BUCK.

Drawdown Indicators

	LQID	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-0.14%	-5.43%	+5.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.84%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.43%	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.02%	-0.48%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.18%	—

Volatility

Volatility by Period

	LQID	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.72%	2.74%	-2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.72%	3.44%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.72%	3.44%	-2.72%

LQID vs. BUCK - Expense Ratio Comparison

Both LQID and BUCK have an expense ratio of 0.35%.

Dividends

LQID vs. BUCK - Dividend Comparison

LQID's dividend yield for the trailing twelve months is around 0.44%, less than BUCK's 7.29% yield.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.29%	7.59%	8.84%	4.84%	0.59%
LQID Kurv Enhanced Short Maturity ETF	0.44%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LQID and BUCK in my portfolio?

LQID and BUCK have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LQID or BUCK?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LQID or BUCK?

LQID and BUCK have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, LQID or BUCK?

BUCK has the higher dividend yield at 7.29%, compared with 0.44% for LQID.

What is the main difference between LQID and BUCK?

LQID is categorized as Ultrashort Bond, while BUCK is Government Bonds. They also come from different issuers: Kurv and Simplify.