SPYCvsSHDGETF Comparison
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Simplify US Equity PLUS Convexity ETF (SPYC) 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. SPYC is less expensive with a Total Expense Ratio (TER) of 0.53%, versus 0.63% for SHDG. SPYC is up 1.69% year-to-date (YTD) with +$3M in YTD flows. SHDG performs worse with -0.74% YTD performance, and -$2M in YTD flows. Run a side-by-side ETF comparison of SPYC 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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SPYC vs SHDG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/24/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPYC SHDG | +8.98%+2.69% | +0.74%-2.03% | +1.69%-0.74% | +19.87%+17.66% | +65.92%+45.11% | +53.85%n/a |
| Flows | SPYC SHDG | +$2M- | +$995K-$812K | +$3M-$2M | +$13M-$4M | -$12M+$14M | -$36M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPYC SHDG | +14.95%+8.82% | +16.72%+8.17% | +20.27%+10.73% | +19.64%n/a |
| Max drawdown | SPYC SHDG | -10.71%-6.58% | -13.44%-6.58% | -22.68%-15.48% | -28.25%n/a |
| Max drawdown duration | SPYC SHDG | 86d81d | 178d81d | 162d153d | 794dn/a |
Trading data
SPYC | SHDG | |
Last sale 4/24/2026 at 6:29 PM | $43.33 | $32.04 |
| Previous close 04/24/2026 | $42.98 | $31.96 |
| Consolidated volume 04/24/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/24/2026 at 6:29 PM
Live
Closed
SPYC | SHDG | |
|---|---|---|
| Last price | $43.33 | $32.04 |
| 1D performance | +0.82% | +0.26% |
| AuM | $99.66 M | $163.33 M |
| E/R | 0.53% | 0.63% |
Characteristics
SPYC | 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 |
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Exposure
Countries
SPYC
USA
96.48%
Other
3.52%
SHDG
USA
92.43%
Other
7.57%
Sectors
SPYC
Information Techn.
33.73%
Financials
10.32%
Communication Ser.
10.17%
Consumer Discreti.
9.95%
Health Care
9.27%
Industrials
8.27%
Other
18.28%
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%
Diversification
SPYC
Total weight of top 15 holdings out of 15
42.24%
SHDG
Total weight of top 15 holdings out of 15
40.47%
Top 15 holdings
Data as of March 31, 2026
SPYC
NVIDIA
7.53%
APPLE
6.62%
MICROSOFT-T
4.88%
AMAZON.COM INC
3.62%
ALPHABET INC-CL
2.98%
BROADCOM LIMITED
2.61%
ALPHABET INC-CL
2.38%
META PLATFORMS
2.22%
TESLA
1.86%
BERKSHIRE HATHWAY
1.56%
JPMORGAN CHASE
1.41%
LILLY
1.30%
EXXON
1.26%
JOHNSON&JOHNSON
1.05%
WALMART INC
0.97%
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 SPYC and SHDG
How have the SPYC and SHDG ETFs performed in 2026?
As of April 24, 2026, SPYC is up 1.69% year-to-date (YTD), while SHDG has lost -0.74%. That puts SPYC better performer ahead so far this year.
Which ETF is attracting more investor money: SPYC or SHDG?
Year-to-date, the SPYC ETF saw +$3M in flows, compared to -$2M for SHDG.
Which ETF is more volatile: SPYC or SHDG?
Over the past year, SPYC had a volatility of 16.72%, while SHDG experienced 8.17%.
Which ETF is bigger: SPYC or SHDG?
As of April 24, 2026, SPYC holds $99.66 M in assets under management (AUM), while SHDG manages $163.33 M.
What sectors do the SPYC and SHDG ETFs invest in?
SPYC 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 SPYC ETF and SHDG ETF?
SPYC top holdings include NVIDIA, APPLE and MICROSOFT-T. SHDG holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPYC or SHDG?
SPYC holds 504 securities with 42.24% of its assets in the top 15. SHDG has 504 securities and a top 15 weight of 40.47%.
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