SPYTvsSPDETF Comparison
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Defiance S&P 500 Target Income ETF (SPYT) and Simplify US Equity PLUS Downside Convexity ETF (SPD) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Communication Services. SPYT is more expensive with a Total Expense Ratio (TER) of 0.92%, versus 0.53% for SPD. SPYT is up 5.01% year-to-date (YTD) with +$15M in YTD flows. SPD performs worse with 1.3% YTD performance, and -$10M in YTD flows. Run a side-by-side ETF comparison of SPYT and SPD 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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SPYT vs SPD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPYT SPD | +11.83%+7.93% | +3.46%+0.38% | +5.01%+1.30% | +26.84%+16.59% | n/a+60.22% | n/a+43.29% |
| Flows | SPYT SPD | -$4M-$2M | +$14M-$9M | +$15M-$10M | +$45M+$27M | --$58M | -+$22M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPYT SPD | +13.94%+12.83% | +11.23%+14.03% | n/a+16.84% | n/a+16.14% |
| Max drawdown | SPYT SPD | -7.87%-9.76% | -7.87%-11.92% | n/a-14.87% | n/a-26.93% |
| Max drawdown duration | SPYT SPD | 70d87d | 70d178d | n/a98d | n/a897d |
Trading data
SPYT | SPD | |
Last sale 4/28/2026 at 1:30 PM | $17.40 | $39.45 |
| Previous close 04/27/2026 | $17.47 | $39.65 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 4/28/2026 at 1:30 PM
Live
Closed
SPYT | SPD | |
|---|---|---|
| Last price | $17.40 | $39.45 |
| 1D performance | -0.43% | -0.51% |
| AuM | $147.95 M | $107.99 M |
| E/R | 0.92% | 0.53% |
Characteristics
SPYT | SPD | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Defiance ETFs | Simplify |
| Benchmark | - | - |
| N° of holdings | 478 | 478 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 5, 2024 | September 3, 2020 |
| ESG | No | No |
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Exposure
Countries
SPYT
USA
96.6%
Other
3.4%
SPD
USA
96.06%
Other
3.94%
Sectors
SPYT
Information Techn.
33.77%
Financials
10.34%
Communication Ser.
10.18%
Consumer Discreti.
9.97%
Health Care
9.28%
Industrials
8.28%
Other
18.19%
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%
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Diversification
SPYT
Total weight of top 15 holdings out of 15
42.29%
SPD
Total weight of top 15 holdings out of 15
42.05%
Top 15 holdings
Data as of March 31, 2026
SPYT
NVIDIA
7.54%
APPLE
6.63%
MICROSOFT-T
4.89%
AMAZON.COM INC
3.62%
ALPHABET INC-CL
2.98%
BROADCOM LIMITED
2.61%
ALPHABET INC-CL
2.39%
META PLATFORMS
2.23%
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%
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%
Frequently asked questions about SPYT and SPD
How have the SPYT and SPD ETFs performed in 2026?
As of April 27, 2026, SPYT is up 5.01% year-to-date (YTD), while SPD has returned 1.3%. That puts SPYT better performer ahead so far this year.
Which ETF is attracting more investor money: SPYT or SPD?
Year-to-date, the SPYT ETF saw +$15M in flows, compared to -$10M for SPD.
Which ETF is more volatile: SPYT or SPD?
Over the past year, SPYT had a volatility of 11.23%, while SPD experienced 14.03%.
Which ETF is bigger: SPYT or SPD?
As of April 27, 2026, SPYT holds $147.95 M in assets under management (AUM), while SPD manages $107.99 M.
What sectors do the SPYT and SPD ETFs invest in?
SPYT leans toward sectors like Information Technology, Financials and Communication Services. Meanwhile, SPD focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the SPYT ETF and SPD ETF?
SPYT top holdings include NVIDIA, APPLE and MICROSOFT-T. SPD holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: SPYT or SPD?
SPYT holds 504 securities with 42.29% of its assets in the top 15. SPD has 504 securities and a top 15 weight of 42.05%.
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Latest news about SPYT & SPD
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