PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
YBTC vs. MAXI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


YBTCMAXI
Daily Std Dev44.03%58.25%
Max Drawdown-23.17%-34.54%
Current Drawdown-0.16%-3.24%

Correlation

-0.50.00.51.00.8

The correlation between YBTC and MAXI is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

YBTC vs. MAXI - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
45.84%
73.24%
YBTC
MAXI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


YBTC vs. MAXI - Expense Ratio Comparison

YBTC has a 0.95% expense ratio, which is lower than MAXI's 11.18% expense ratio.


MAXI
Simplify Bitcoin Strategy PLUS Income ETF
Expense ratio chart for MAXI: current value at 11.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%11.18%
Expense ratio chart for YBTC: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

YBTC vs. MAXI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and Simplify Bitcoin Strategy PLUS Income ETF (MAXI). 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.


YBTC
Sharpe ratio
No data
MAXI
Sharpe ratio
The chart of Sharpe ratio for MAXI, currently valued at 1.61, compared to the broader market-2.000.002.004.001.61
Sortino ratio
The chart of Sortino ratio for MAXI, currently valued at 2.23, compared to the broader market0.005.0010.002.23
Omega ratio
The chart of Omega ratio for MAXI, currently valued at 1.26, compared to the broader market1.001.502.002.503.001.26
Calmar ratio
The chart of Calmar ratio for MAXI, currently valued at 2.71, compared to the broader market0.005.0010.0015.002.71
Martin ratio
The chart of Martin ratio for MAXI, currently valued at 6.28, compared to the broader market0.0020.0040.0060.0080.00100.006.28

YBTC vs. MAXI - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YBTC vs. MAXI - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 38.34%, more than MAXI's 35.62% yield.


TTM20232022
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
38.34%0.00%0.00%
MAXI
Simplify Bitcoin Strategy PLUS Income ETF
35.62%29.63%4.05%

Drawdowns

YBTC vs. MAXI - Drawdown Comparison

The maximum YBTC drawdown since its inception was -23.17%, smaller than the maximum MAXI drawdown of -34.54%. Use the drawdown chart below to compare losses from any high point for YBTC and MAXI. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.16%
-3.24%
YBTC
MAXI

Volatility

YBTC vs. MAXI - Volatility Comparison

The current volatility for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is 12.73%, while Simplify Bitcoin Strategy PLUS Income ETF (MAXI) has a volatility of 14.62%. This indicates that YBTC experiences smaller price fluctuations and is considered to be less risky than MAXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
12.73%
14.62%
YBTC
MAXI