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

Performance

YBTC vs. MAXI - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
15.92%
23.32%
YBTC
MAXI

Returns By Period


YBTC

YTD

N/A

1M

16.27%

6M

15.91%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

MAXI

YTD

97.70%

1M

34.65%

6M

23.33%

1Y

119.62%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


YBTCMAXI
Daily Std Dev43.67%58.76%
Max Drawdown-23.17%-34.54%
Current Drawdown0.00%0.00%

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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%

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.

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.


Sharpe ratio
No data
YBTC
MAXI

Chart placeholderNot enough data

Dividends

YBTC vs. MAXI - Dividend Comparison

YBTC's dividend yield for the trailing twelve months is around 36.28%, more than MAXI's 29.88% yield.


TTM20232022
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
36.28%0.00%0.00%
MAXI
Simplify Bitcoin Strategy PLUS Income ETF
29.88%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%JuneJulyAugustSeptemberOctoberNovember00
YBTC
MAXI

Volatility

YBTC vs. MAXI - Volatility Comparison

The current volatility for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is 12.70%, while Simplify Bitcoin Strategy PLUS Income ETF (MAXI) has a volatility of 18.13%. 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
12.70%
18.13%
YBTC
MAXI