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MAXI vs. BTCI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MAXI and BTCI is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

MAXI vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Bitcoin Strategy PLUS Income ETF (MAXI) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%NovemberDecember2025FebruaryMarchApril
35.07%
32.38%
MAXI
BTCI

Key characteristics

Daily Std Dev

MAXI:

73.21%

BTCI:

44.71%

Max Drawdown

MAXI:

-52.48%

BTCI:

-24.36%

Current Drawdown

MAXI:

-18.24%

BTCI:

-8.17%

Returns By Period

In the year-to-date period, MAXI achieves a 0.74% return, which is significantly lower than BTCI's 3.23% return.


MAXI

YTD

0.74%

1M

21.37%

6M

36.11%

1Y

31.08%

5Y*

N/A

10Y*

N/A

BTCI

YTD

3.23%

1M

8.32%

6M

32.30%

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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MAXI vs. BTCI - Expense Ratio Comparison

MAXI has a 11.18% expense ratio, which is higher than BTCI's 0.98% expense ratio.


Expense ratio chart for MAXI: current value is 11.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MAXI: 11.18%
Expense ratio chart for BTCI: current value is 0.98%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BTCI: 0.98%

Risk-Adjusted Performance

MAXI vs. BTCI — Risk-Adjusted Performance Rank

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

MAXI
The Risk-Adjusted Performance Rank of MAXI is 5757
Overall Rank
The Sharpe Ratio Rank of MAXI is 4747
Sharpe Ratio Rank
The Sortino Ratio Rank of MAXI is 6767
Sortino Ratio Rank
The Omega Ratio Rank of MAXI is 6161
Omega Ratio Rank
The Calmar Ratio Rank of MAXI is 6262
Calmar Ratio Rank
The Martin Ratio Rank of MAXI is 4848
Martin Ratio Rank

BTCI
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.

MAXI vs. BTCI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Bitcoin Strategy PLUS Income ETF (MAXI) and NEOS Bitcoin High Income ETF (BTCI). 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.


The chart of Sharpe ratio for MAXI, currently valued at 0.38, compared to the broader market-1.000.001.002.003.004.00
MAXI: 0.38
The chart of Sortino ratio for MAXI, currently valued at 1.05, compared to the broader market-2.000.002.004.006.008.00
MAXI: 1.05
The chart of Omega ratio for MAXI, currently valued at 1.13, compared to the broader market0.501.001.502.002.50
MAXI: 1.13
The chart of Calmar ratio for MAXI, currently valued at 0.53, compared to the broader market0.002.004.006.008.0010.0012.00
MAXI: 0.53
The chart of Martin ratio for MAXI, currently valued at 1.40, compared to the broader market0.0020.0040.0060.00
MAXI: 1.40


Chart placeholderNot enough data

Dividends

MAXI vs. BTCI - Dividend Comparison

MAXI's dividend yield for the trailing twelve months is around 32.83%, more than BTCI's 17.35% yield.


TTM202420232022
MAXI
Simplify Bitcoin Strategy PLUS Income ETF
32.83%32.06%29.63%4.05%
BTCI
NEOS Bitcoin High Income ETF
17.35%6.76%0.00%0.00%

Drawdowns

MAXI vs. BTCI - Drawdown Comparison

The maximum MAXI drawdown since its inception was -52.48%, which is greater than BTCI's maximum drawdown of -24.36%. Use the drawdown chart below to compare losses from any high point for MAXI and BTCI. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-18.24%
-8.17%
MAXI
BTCI

Volatility

MAXI vs. BTCI - Volatility Comparison

Simplify Bitcoin Strategy PLUS Income ETF (MAXI) has a higher volatility of 39.72% compared to NEOS Bitcoin High Income ETF (BTCI) at 13.57%. This indicates that MAXI's price experiences larger fluctuations and is considered to be riskier than BTCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%December2025FebruaryMarchApril
39.72%
13.57%
MAXI
BTCI