MAXI vs VOO
Simplify Bitcoin Strategy ETF vs Vanguard S&P 500 ETF
Which is better, MAXI or VOO?
Multi Alternative against Large Cap Blend.
VOO has a lower expense ratio. MAXI led over 3Y and the full window, VOO over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MAXI | VOO |
|---|---|---|
| Expense Ratio | 1.31% | 0.03%Best |
| AUM | $34M | $997.4B |
| Dividend Yield | 27.59% | 1.04% |
| Holdings | 14 | 509 |
| YTD Return | +2.77% | +12.37%Best |
| 1Y Return | -41.02% | +16.61%Best |
| 3Y Return (annualized) | +28.91%Best | +21.37% |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 64.9% | 13.2%Best |
| Max Drawdown | -69.8% | -18.7%Best |
| $10,000 over 4 years | $30,085Best | $22,674 |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Sep 29, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 30, 2022 to Sep 18, 2026 (4 years).
MAXI vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4 years both funds cover.
MAXI vs VOO Performance
Simplify Bitcoin Strategy ETF (MAXI) is an ETF from Simplify Exchange Traded Funds and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MAXI returned -41.02% while VOO returned +16.61%. Year to date, MAXI is up 2.77% versus a gain of 12.37% for VOO.
Over three years, MAXI compounded at +28.91% per year against +21.37% for VOO. Across the full 4-year window we track, MAXI has the edge at +31.70% annualized vs +22.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAXI has been the more volatile fund, with annualized monthly volatility of 64.9% compared with 13.2% 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 -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
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 27.59% against 1.04% for VOO.
Holdings Overlap
We hold position weights for 1 holding in MAXI and 494 in VOO, totalling 45.5% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MAXI and 494 in VOO, against full books of 14 and 509.
You are not choosing between two funds in isolation.
Whichever of MAXI and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $128 a year on a $10,000 investment.
Which performed better, MAXI or VOO?
Over the past year MAXI returned -41.02% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), MAXI annualized +31.70% vs +22.71% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAXI or VOO?
MAXI has been the more volatile fund at 64.9% annualized versus 13.2% for VOO. Worst drawdown: MAXI -69.8% vs VOO -18.7%.
Should I hold both MAXI and VOO?
MAXI and VOO have a monthly-return correlation of 0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MAXI or VOO?
MAXI yields 27.59% while VOO yields 1.04%, so MAXI currently pays the higher dividend yield.
Is VOO better than MAXI?
VOO has a lower expense ratio. MAXI led over 3Y and the full window, VOO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.