SPDvsSHDGETF Comparison
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Simplify US Equity PLUS Downside Convexity ETF (SPD) and Soundwatch Hedged Equity ETF (SHDG) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Technology, Finance and Consumer Non-Cyclicals. SPD is less expensive with a Total Expense Ratio (TER) of 0.53%, versus 1.01% for SHDG. SPD is up 4.81% year-to-date (YTD) with -$17M in YTD flows. SHDG performs worse with 0.89% YTD performance, and -$7M 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.
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SPD vs SHDG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPD SHDG | -0.64%-0.36% | +3.93%+1.57% | +4.81%+0.89% | +8.12%+7.22% | +50.85%+35.60% | +41.19%n/a |
| Flows | SPD SHDG | -$1M-$2M | -$7M-$6M | -$17M-$7M | +$6M-$10M | -$40M+$8M | -$84M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPD SHDG | +13.54%+4.19% | +13.10%+7.48% | +17.00%+10.44% | +16.24%n/a |
| Max drawdown | SPD SHDG | -4.07%-1.60% | -11.92%-6.58% | -14.87%-15.48% | -26.93%n/a |
| Max drawdown duration | SPD SHDG | 56d13d | 185d150d | 98d153d | 897dn/a |
Trading data
SPD | SHDG | |
Last sale 7/29/2026 at 1:30 PM | $40.65 | $32.56 |
| Previous close 07/28/2026 | $40.92 | $32.51 |
| Consolidated volume 07/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 7/29/2026 at 1:30 PM
Live
Closed
SPD | SHDG | |
|---|---|---|
| Last price | $40.65 | $32.56 |
| 1D performance | -0.67% | +0.16% |
| AuM | $104.30 M | $160.32 M |
| E/R | 0.53% | 1.01% |
Characteristics
SPD | SHDG | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Simplify | Soundwatch Capital |
| Benchmark | - | - |
| N° of holdings | 497 | 497 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 3, 2020 | October 24, 2022 |
| ESG | No | No |
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Exposure
Countries
SPD
USA
93.06%
Other
6.94%
SHDG
USA
100.28%
Other
-0.28%
Sectors
SPD
Technology
43.68%
Finance
12.55%
Consumer Non-Cycl.
8.37%
Healthcare
8.27%
Industrials
7.58%
Other
19.55%
SHDG
Technology
47.06%
Finance
13.52%
Consumer Non-Cycl.
9.02%
Healthcare
8.91%
Industrials
8.17%
Other
13.31%
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Diversification
SPD
Total weight of top 15 holdings out of 15
42.33%
SHDG
Total weight of top 15 holdings out of 15
44.32%
Top 15 holdings
Data as of June 30, 2026
SPD
NVIDIA Corp.
7.16%
Apple, Inc.
6.28%
Microsoft Corp.
4.10%
Amazon.com, Inc.
3.45%
Alphabet, Inc.
3.10%
Broadcom Inc.
2.64%
Alphabet, Inc.
2.47%
US912797UW50
2.17%
Micron Technology, Inc.
1.92%
Meta Platforms, Inc.
1.83%
Tesla, Inc.
1.75%
Eli Lilly & Co.
1.40%
Advanced Micro Devices, Inc.
1.40%
Berkshire Hathaway, Inc.
1.36%
JPMorgan Chase & Co.
1.30%
SHDG
NVIDIA Corp.
7.72%
Apple, Inc.
6.77%
Microsoft Corp.
4.41%
Amazon.com, Inc.
3.72%
Alphabet, Inc.
3.34%
Broadcom Inc.
2.85%
Alphabet, Inc.
2.66%
Micron Technology, Inc.
2.07%
Meta Platforms, Inc.
1.97%
Tesla, Inc.
1.89%
Eli Lilly & Co.
1.51%
Advanced Micro Devices, Inc.
1.51%
Berkshire Hathaway, Inc.
1.46%
JPMorgan Chase & Co.
1.40%
Intel Corp.
1.05%
Frequently asked questions about SPD and SHDG
How have the SPD and SHDG ETFs performed in 2026?
As of July 28, 2026, SPD is up 4.81% year-to-date (YTD), while SHDG has returned 0.89%. 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 -$17M in flows, compared to -$7M for SHDG.
Which ETF is more volatile: SPD or SHDG?
Over the past year, SPD had a volatility of 13.1%, while SHDG experienced 7.48%.
Which ETF is bigger: SPD or SHDG?
As of July 28, 2026, SPD holds $104.30 M in assets under management (AUM), while SHDG manages $160.32 M.
What sectors do the SPD and SHDG ETFs invest in?
SPD leans toward sectors like Technology, Finance and Consumer Non-Cyclicals. Meanwhile, SHDG focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the SPD ETF and SHDG ETF?
SPD top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. SHDG holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: SPD or SHDG?
SPD holds 507 securities with 42.33% of its assets in the top 15. SHDG has 504 securities and a top 15 weight of 44.32%.
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Latest news about SPD & SHDG
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