SPBC vs VOO
Simplify US Equity PLUS 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 509 holdings.
Side-by-Side Comparison
| Metric | SPBC | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.54% | 0.03% | |
| AUM | $43M | $997.4B | |
| Dividend Yield | 0.85% | 1.08% | |
| Holdings | 4 | 509 | |
| YTD Return | +10.73% | +14.48% | |
| 1Y Return | +14.04% | +22.02% | |
| 3Y Return (annualized) | +26.34% | +21.80% | |
| 5Y Return (annualized) | +14.97% | +13.36% | |
| Volatility (annualized) | 19.8% | 14.2% | |
| Max Drawdown | -33.8% | -34.3% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | May 24, 2021 | Sep 7, 2010 |
SPBC vs VOO Performance
Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) 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 SPBC returned +14.04% while VOO returned +22.02%. Year to date, SPBC is up 10.73% versus a gain of 14.48% for VOO.
Over three years, SPBC compounded at +26.34% per year against +21.80% for VOO; over five years the annualized figures are +14.97% and +13.36% respectively. Across the full 5-year window we track, SPBC has the edge at +16.18% annualized vs +13.61%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPBC has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 14.2% 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 -33.8% for SPBC 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPBC charges 0.54% per year while VOO charges 0.03%. On a $10,000 position that is $54 vs $3 annually, a gap of $51 per year that compounds over a long holding period. On income, SPBC currently yields 0.85% against 1.08% for VOO.
Holdings Overlap
SPBC and VOO share 0 holdings out of 507 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, SPBC or VOO?
SPBC has an expense ratio of 0.54% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, SPBC or VOO?
Over the past year SPBC returned +14.04% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), SPBC annualized +16.18% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, SPBC or VOO?
SPBC has been the more volatile fund at 19.8% annualized versus 14.2% for VOO. Worst drawdown: SPBC -33.8% vs VOO -34.3%.
Should I hold both SPBC and VOO?
SPBC and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SPBC and VOO?
SPBC and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, SPBC or VOO?
SPBC yields 0.85% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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