SPD vs NCIQ
Comparison between SIMPLIFY US EQUITY PLUS DOWNSIDE CONVEXITY ETF (SPD, ETF) and Hashdex Nasdaq Crypto Index US ETF (NCIQ, ETF).
SPD vs NCIQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPD
$108M
NCIQ
$108M
Expense Ratio
SPD
0.53%
Winner
NCIQ
0.25%
Max Drawdown
Winner
SPD
28.49%
NCIQ
56.19%
Sharpe Ratio
Winner
SPD
0.69
NCIQ
-1.06
5Y Beta
Winner
SPD
0.93
NCIQ
1.22
5Y Dividends CAGR
SPD
32.80%
NCIQ
N/A
SPD vs NCIQ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SPD
+2.44%
NCIQ
-15.97%
3M
Winner
SPD
+12.47%
NCIQ
-12.64%
6M
Winner
SPD
+7.61%
NCIQ
-26.16%
1Y
Winner
SPD
+15.80%
NCIQ
-40.42%
5Y(CAGR)
SPD
+8.43%
NCIQ
N/A
Max(CAGR)
Winner
SPD
+10.96%
NCIQ
-27.25%
SPD vs NCIQ - Annual Returns (2020 - 2026)
Returns include dividend reinvestment.
| Year | SPD | NCIQ |
|---|---|---|
| 2026 | +7.48% | -29.45% |
| 2025 | +18.48% | -10.21% |
| 2024 | +17.92% | N/A |
| 2023 | +21.68% | N/A |
| 2022 | -25.90% | N/A |
| 2021 | +26.54% | N/A |
| 2020 | +8.75% | N/A |
SPD vs NCIQ Drawdown Comparison
The maximum drawdown for SPD was -27.38%, occurring on Dec 28, 2022. Recovery took 618 trading sessions.
The maximum drawdown for NCIQ was -56.19%, occurring on Jun 5, 2026. This drawdown has not yet recovered.
The current SPD drawdown is -0.03%. The current NCIQ drawdown is -51.22%.
| Rank | SPD | NCIQ |
|---|---|---|
| #1 | -27.38% Dec 27, 2021 - Jun 12, 2024 | -56.19% Oct 6, 2025 - Jun 5, 2026 |
| #2 | -15.18% Dec 11, 2024 - May 2, 2025 | -25.48% Feb 20, 2025 - May 9, 2025 |
| #3 | -11.90% Oct 28, 2025 - May 6, 2026 | -12.51% Aug 13, 2025 - Oct 6, 2025 |
| #4 | -7.24% Oct 12, 2020 - Nov 9, 2020 | -7.86% May 22, 2025 - Jul 9, 2025 |
| #5 | -7.02% Jul 16, 2024 - Sep 30, 2024 | -4.90% Jul 24, 2025 - Aug 11, 2025 |
| #6 | -5.56% Aug 30, 2021 - Oct 28, 2021 | -3.12% Feb 14, 2025 - Feb 20, 2025 |
| #7 | -5.44% Sep 4, 2020 - Oct 8, 2020 | -2.44% Jul 14, 2025 - Jul 16, 2025 |
| #8 | -4.47% Nov 8, 2021 - Dec 10, 2021 | -2.05% May 13, 2025 - May 20, 2025 |
| #9 | -4.47% Jul 3, 2025 - Sep 11, 2025 | -0.94% Jul 22, 2025 - Jul 24, 2025 |
| #10 | -4.17% Feb 12, 2021 - Mar 15, 2021 | -0.64% Jul 17, 2025 - Jul 22, 2025 |
| #11 | -3.94% Jun 2, 2026 - Jun 10, 2026 | -0.40% May 9, 2025 - May 13, 2025 |
| #12 | -3.63% May 7, 2021 - May 28, 2021 | N/A |
| #13 | -3.55% May 19, 2025 - Jun 27, 2025 | N/A |
| #14 | -3.16% Jan 20, 2021 - Feb 4, 2021 | N/A |
| #15 | -2.96% Oct 6, 2025 - Oct 24, 2025 | N/A |
Correlation
Correlation between SPD and NCIQ is -0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
-0.07
-101
Select Stocks to Compare
Popular: SPD vs SPYNCIQ vs SPY
More Comparisons
Compare with similar stocks