SPBC vs. THRV
SPBC (Simplify US Equity PLUS GBTC ETF) and THRV (Prospera Income ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.65 correlation means they provide meaningful diversification when combined. SPBC charges 0.50%/yr vs 1.80%/yr for THRV.
Performance
SPBC vs. THRV - Performance Comparison
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Returns By Period
In the year-to-date period, SPBC achieves a 7.71% return, which is significantly higher than THRV's 1.86% return.
SPBC
- 1D
- -0.90%
- 1M
- 3.04%
- YTD
- 7.71%
- 6M
- 7.18%
- 1Y
- 21.45%
- 3Y*
- 28.29%
- 5Y*
- 15.96%
- 10Y*
- —
THRV
- 1D
- -0.38%
- 1M
- 0.32%
- YTD
- 1.86%
- 6M
- 1.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPBC vs. THRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPBC Simplify US Equity PLUS GBTC ETF | 7.71% | -0.07% |
THRV Prospera Income ETF | 1.86% | 0.16% |
Correlation
The correlation between SPBC and THRV is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.65 |
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Return for Risk
SPBC vs. THRV — Risk / Return Rank
SPBC
THRV
SPBC vs. THRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) and Prospera Income ETF (THRV). 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.
| SPBC | THRV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | — | — |
| Martin ratioReturn relative to average drawdown | 6.38 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPBC | THRV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 1.04 | -0.25 |
Drawdowns
SPBC vs. THRV - Drawdown Comparison
The maximum SPBC drawdown since its inception was -33.99%, which is greater than THRV's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for SPBC and THRV.
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Drawdown Indicators
| SPBC | THRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -1.50% | -32.49% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.99% | — | — |
Current DrawdownCurrent decline from peak | -1.28% | -0.51% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -8.64% | -0.44% | -8.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.37% | — | — |
Volatility
SPBC vs. THRV - Volatility Comparison
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Volatility by Period
| SPBC | THRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.92% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.49% | 2.92% | +11.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.43% | 2.92% | +17.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.39% | 2.92% | +17.47% |
SPBC vs. THRV - Expense Ratio Comparison
SPBC has a 0.50% expense ratio, which is lower than THRV's 1.80% expense ratio.
Dividends
SPBC vs. THRV - Dividend Comparison
SPBC's dividend yield for the trailing twelve months is around 0.83%, less than THRV's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SPBC Simplify US Equity PLUS GBTC ETF | 0.83% | 0.85% | 0.98% | 3.79% | 0.60% | 1.41% |
THRV Prospera Income ETF | 4.71% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPBC and THRV have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPBC is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPBC is cheaper with a 0.50% expense ratio, compared with 1.80% for THRV.
THRV has the higher dividend yield at 4.71%, compared with 0.83% for SPBC.
They also come from different issuers: Simplify and Prospera Funds. Their fees differ too: 0.50% for SPBC and 1.80% for THRV.
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