IQ

SPBC · Simplify US Equity Plus Bitcoin Strategy ETF

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$50.14
+2.0% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

SPBC is actively managed and returned +12.9% over the past year.

What drove SPBC’s returns?Is a 0.53% fee low for a fund like SPBC?What does SPBC cost to hold and to trade?
Equity fund · Actively managedExpense ratio 0.53%Fund assets $42m on Nov 3, 2026First traded May 25, 2021Benchmark Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracksSEC filings ↗Dividend history

SPBC returned +12.9% over the year to Nov 4, 2026, charges 0.53% a year and holds $42m in net assets on Nov 3, 2026.

Promise check: Not measuredIt names no index it tracks.

Compare with…Trading costsPut to the committeeaskIQ about SPBCAdd to portfolioAlerts

SPBC risk and return scorecard

vs its own holdings

Not measured: its benchmark is its own holdings, which has no weekly price series.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

SPBC −1.8%: total return over one month to Nov 4, 2026.
SPBC−1.8%
SPBC +2.1%: total return over three months to Nov 4, 2026.
SPBC+2.1%
SPBC +5.4%: total return over six months to Nov 4, 2026.
SPBC+5.4%
SPBC +12.8%: total return over the year to Nov 4, 2026.
SPBC+12.8%
SPBC +12.9%: total return over one year to Nov 4, 2026.
SPBC+12.9%
SPBC +103.6%: total return over three years to Nov 4, 2026.
SPBC+103.6%
SPBC +88.1%: total return over five years to Nov 4, 2026.
SPBC+88.1%
SPBC +121.7%: total return since launch to Nov 4, 2026.
SPBC+121.7%
askIQ: what drove SPBC’s returns? ↗

How concentrated, and what does it cost?

No index, actively managed
+12.9%
Total return, 1 year
Report
0.53%
Expense ratio
Report
2
Holdings
Report
−2.3%
Below its high
Report
0.9%
12-month yield, capital gains included, on its starting price
Report
$0.10
Last payment (paid quarterly), ex-date Sep 25, 2026
Report
Sector mix
Cost against like funds
askIQ: is a 0.53% fee low for a fund like SPBC? ↗

More on SPBC

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Price, 1 year

$50.14+2.0%1 day, priceClose, Nov 4, 2026

Price only. Total return over the same days, distributions reinvested, was +12.9%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

SPBC returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Oct 5 – Nov 4, 2026−1.8%−1.0%
3M Aug 5 – Nov 4, 2026+2.1%−0.1%
6M May 6 – Nov 4, 2026+5.4%+5.0%
YTD Dec 31, 2025 – Nov 4, 2026+12.8%+13.3%
1Y Nov 4, 2025 – Nov 4, 2026+12.9%+14.8%
3Y Nov 3, 2023 – Nov 4, 2026+103.6%+82.9%
5Y Nov 5, 2021 – Nov 4, 2026+88.1%+75.0%
Since launch May 25, 2021 – Nov 4, 2026+121.7%+97.3%
Since launch, annualised May 25, 2021 – Nov 4, 2026+15.7%–

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

SPBC key stats

52-week high, daily closes to Nov 4, 2026 (ETFIQ)$51.34 on Oct 6, 2026
52-week low, daily closes to Nov 4, 2026 (ETFIQ)$40.33 on Mar 30, 2026
Close on Nov 4, 2026, within that range (ETFIQ)$50.14, 89% of the way from the low to the high
Holdings2
Top ten weight98.3%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Nov 4, 2026
Trading · SPBCas of Nov 4, 2026
·
Not scored2 of 6 measured · Nov 4, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

SPBC for holders outside the US

US tax withheld on dividends, no treaty30%
Treaty rates on dividends (IRS table, read Oct 30, 2026)65 countries, 10% to 30%
SPBC interest-related and short-term gain dividendsnot read by ETFIQ
US estate tax filing threshold, non-resident holders$60,000
Share classDistributing

SPBC is a US fund. Stock of US corporations counts as US property for a non-resident's estate. Facts from the IRS, not tax advice. How withholding and treaties work

About SPBC

What it tracksNo index, actively managed
Fund typeEquity fund
Category (ETFIQ)Stocks · U.S. large-cap blend
Expense ratio (485BPOS XBRL, Oct 28, 2026)0.53%
Price$50.14
First tradedMay 25, 2021
Net assets (issuer page, as of Nov 3, 2026)$42mReport
Benchmark (ETFIQ, from its filings)Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks
SPBC, Jun 30, 2026 to Oct 30, 2026+4.33%
Its book of Jun 30, 2026, the same days (ETFIQ, measured on 98% of the book by weight)+3.88%
Against its own holdings (ETFIQ)+0.45 pts
Below its high (ETFIQ)−2.3%
Holdings2
Top ten weight98.3%
Cash, not in the top ten1.7%
Holdings as of (SEC N-PORT)Jun 30, 2026
Already in the S&P 500, by weight (ETFIQ)0.0%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
IQ Investment Committee on SPBC

12 seats on SPBC, as of Nov 4, 2026: 2 Supports, 1 Mixed, 3 Challenges, 5 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostMixed
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyDoes not apply
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationSupports
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingSupports
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatNot enough data
Put SPBC to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about SPBC

How has SPBC performed?
Over the year to Nov 4, 2026, SPBC returned +12.9% with distributions reinvested. Over three years the number is +103.6%.
What does SPBC cost?
The prospectus expense ratio is 0.53% a year.
What does SPBC hold?
2 positions as filed for Jun 30, 2026, with the top ten at 98.3% of the fund. 0% of its weight is in stocks the S&P 500 also holds.
How far is SPBC below its high?
2.3% below its high of Oct 6, 2026, measured on the reinvested series to Nov 4, 2026.
Sources and dates
Prices, SPBC and S&P 500 (SPY)Tiingo end-of-day · Nov 4, 2026
Fee, 0.53%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $42mIssuer page · Nov 3, 2026
SourceHoldings filing (SEC Form N-PORT) ↗
IssuerSimplify website ↗
All fund filingsFund filings on SEC EDGAR ↗
Simplify’s own site ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, SPBC, stock fund, data as of Nov 4, 2026. https://etfiq.com/funds/spbc

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

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SPBC: SPBC over 1 year: total return +12.9%. Data to Nov 4, 2026.
<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/core/spbc/" title="SPBC: SPBC over 1 year: total return +12.9%. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">SPBC: SPBC over 1 year: total return +12.9%. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/spbc">ETFIQ</a></figcaption>
</figure>

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