MAXI vs VOO
Simplify Bitcoin Strategy ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | MAXI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.31% | 0.03% | |
| AUM | $26M | $979.0B | |
| Dividend Yield | 67.57% | 1.09% | |
| Holdings | 11 | 509 | |
| YTD Return | -35.96% | +13.80% | |
| 1Y Return | -63.92% | +23.71% | |
| 3Y Return (annualized) | +6.22% | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 59.0% | 14.1% | |
| Max Drawdown | -69.8% | -34.3% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2022 | Sep 7, 2010 |
MAXI vs VOO Performance
Simplify Bitcoin Strategy ETF (MAXI) is a ETF from Simplify Exchange Traded Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MAXI returned -63.92% while VOO returned +23.71%. Year to date, MAXI is down 35.96% versus a gain of 13.80% for VOO.
Over three years, MAXI compounded at +6.22% per year against +21.50% for VOO. Across the full 4-year window we track, MAXI has the edge at +17.44% annualized vs +13.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAXI has been the more volatile fund, with annualized monthly volatility of 59.0% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -69.8% for MAXI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAXI charges 1.31% per year while VOO charges 0.03%. On a $10,000 position that is $131 vs $3 annually, a gap of $128 per year that compounds over a long holding period. On income, MAXI currently yields 67.57% against 1.09% for VOO.
Holdings Overlap
MAXI and VOO share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MAXI or VOO?
MAXI has an expense ratio of 1.31% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $128 per year of difference.
Which performed better, MAXI or VOO?
Over the past year MAXI returned -63.92% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), MAXI annualized +17.44% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, MAXI or VOO?
MAXI has been the more volatile fund at 59.0% annualized versus 14.1% for VOO. Worst drawdown: MAXI -69.8% vs VOO -34.3%.
Should I hold both MAXI and VOO?
MAXI and VOO have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAXI and VOO?
MAXI and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, MAXI or VOO?
MAXI yields 67.57% while VOO yields 1.09%, so MAXI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.