SPBC vs. IBIT

In the year-to-date period, SPBC achieves a 1.89% return, which is significantly lower than IBIT's 13.08% return.

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SPBC has a 0.50% expense ratio, which is higher than IBIT's 0.25% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) and iShares Bitcoin Trust (IBIT). 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 current SPBC Sharpe Ratio is 0.81, which is comparable to the IBIT Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of SPBC and IBIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

SPBC's dividend yield for the trailing twelve months is around 0.92%, while IBIT has not paid dividends to shareholders.

The maximum SPBC drawdown since its inception was -33.81%, which is greater than IBIT's maximum drawdown of -28.22%. Use the drawdown chart below to compare losses from any high point for SPBC and IBIT.

The current volatility for Simplify US Equity PLUS GBTC ETF (SPBC) is 4.85%, while iShares Bitcoin Trust (IBIT) has a volatility of 9.49%. This indicates that SPBC experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.