SPDvsSHDGETF Comparison
VS
Simplify US Equity PLUS Downside Convexity ETF (SPD) and Soundwatch Hedged Equity ETF - USD (SHDG) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. SPD is less expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.63% for SHDG. SPD is up 0.91% year-to-date (YTD) with -$10M in YTD flows. SHDG performs worse with -0.74% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of SPD and SHDG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
SPD vs SHDG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPD SHDG | +7.29%+2.69% | +0.48%-2.03% | +0.91%-0.74% | +21.38%+17.66% | +59.61%+45.11% | +44.50%n/a |
| Flows | SPD SHDG | -$2M- | -$9M-$812K | -$10M-$2M | +$26M-$4M | -$58M+$14M | +$22M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPD SHDG | +12.76%+8.82% | +14.36%+8.17% | +16.85%+10.73% | +16.14%n/a |
| Max drawdown | SPD SHDG | -9.76%-6.58% | -11.92%-6.58% | -14.87%-15.48% | -26.93%n/a |
| Max drawdown duration | SPD SHDG | 85d81d | 176d81d | 98d153d | 897dn/a |
Trading data
SPD | SHDG | |
Last sale 4/24/2026 at 1:30 PM | $39.61 | $32.04 |
| Previous close 04/23/2026 | $39.32 | $31.96 |
| Consolidated volume 04/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
SPD | SHDG | |
|---|---|---|
| Last price | $39.61 | $32.04 |
| 1D performance | +0.73% | +0.26% |
| AuM | $107.58 M | $163.33 M |
| E/R | 0.53% | 0.63% |
Characteristics
SPD | SHDG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Simplify | Soundwatch Capital |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 3, 2020 | October 24, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
SPD
USA
96.06%
Other
3.94%
SHDG
USA
92.43%
Other
7.57%
Sectors
SPD
Information Techn.
33.58%
Financials
10.28%
Communication Ser.
10.13%
Consumer Discreti.
9.91%
Health Care
9.23%
Industrials
8.24%
Other
18.65%
SHDG
Information Techn.
32.31%
Financials
9.89%
Communication Ser.
9.74%
Consumer Discreti.
9.54%
Health Care
8.88%
Industrials
7.93%
Other
21.72%
Advertisement
Diversification
SPD
Total weight of top 15 holdings out of 15
42.05%
SHDG
Total weight of top 15 holdings out of 15
40.47%
Top 15 holdings
Data as of March 31, 2026
SPD
NVIDIA
7.50%
APPLE
6.59%
MICROSOFT-T
4.86%
AMAZON.COM INC
3.60%
ALPHABET INC-CL
2.96%
BROADCOM LIMITED
2.60%
ALPHABET INC-CL
2.37%
META PLATFORMS
2.21%
TESLA
1.85%
BERKSHIRE HATHWAY
1.55%
JPMORGAN CHASE
1.40%
LILLY
1.29%
EXXON
1.25%
JOHNSON&JOHNSON
1.04%
WALMART INC
0.96%
SHDG
NVIDIA
7.21%
APPLE
6.34%
MICROSOFT-T
4.68%
AMAZON.COM INC
3.46%
ALPHABET INC-CL
2.85%
BROADCOM LIMITED
2.50%
ALPHABET INC-CL
2.28%
META PLATFORMS
2.13%
TESLA
1.78%
BERKSHIRE HATHWAY
1.50%
JPMORGAN CHASE
1.35%
LILLY
1.24%
EXXON
1.21%
JOHNSON&JOHNSON
1.00%
WALMART INC
0.93%
Frequently asked questions about SPD and SHDG
How have the SPD and SHDG ETFs performed in 2026?
As of April 22, 2026, SPD is up 0.91% year-to-date (YTD), while SHDG has lost -0.74%. That puts SPD better performer ahead so far this year.
Which ETF is attracting more investor money: SPD or SHDG?
Year-to-date, the SPD ETF saw -$10M in flows, compared to -$2M for SHDG.
Which ETF is more volatile: SPD or SHDG?
Over the past year, SPD had a volatility of 14.36%, while SHDG experienced 8.17%.
Which ETF is bigger: SPD or SHDG?
As of April 22, 2026, SPD holds $107.58 M in assets under management (AUM), while SHDG manages $163.33 M.
What sectors do the SPD and SHDG ETFs invest in?
SPD leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SHDG focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the SPD ETF and SHDG ETF?
SPD top holdings include NVIDIA, APPLE and MICROSOFT-T. SHDG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPD or SHDG?
SPD holds 504 securities with 42.05% of its assets in the top 15. SHDG has 504 securities and a top 15 weight of 40.47%.
Advertisement
Latest news about SPD & SHDG
Advertisement
