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Upturn AI SWOT - About
Simplify U.S. Equity PLUS GBTC ETF (SPBC)
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Upturn Advisory Summary
10/24/2025: SPBC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 40.88% | Avg. Invested days 69 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 29.89 - 41.27 | Updated Date 06/29/2025 |
52 Weeks Range 29.89 - 41.27 | Updated Date 06/29/2025 |
Upturn AI SWOT
Simplify U.S. Equity PLUS GBTC ETF
ETF Overview
Overview
The Simplify U.S. Equity PLUS GBTC ETF (SPBC) aims to provide exposure to U.S. equities with a focus on enhanced returns through a leveraged position in Bitcoin via Grayscale Bitcoin Trust (GBTC). It combines equity exposure with potential Bitcoin upside.
Reputation and Reliability
Simplify Asset Management is a relatively newer firm known for its innovative and often complex ETF offerings. Their reliability depends on their ability to execute complex strategies effectively.
Management Expertise
Simplify Asset Management's team has experience in quantitative investing and derivative strategies, crucial for managing this ETF's complex nature.
Investment Objective
Goal
The primary goal of SPBC is to provide investors with exposure to U.S. equities while also leveraging the potential upside of Bitcoin through GBTC exposure.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index directly but uses a combination of U.S. equity exposure and GBTC holdings to achieve its objective. It uses options strategies to enhance returns.
Composition SPBC primarily holds U.S. equities and positions in GBTC. The equity portion is broad-based, and the GBTC portion provides exposure to Bitcoin's price movements.
Market Position
Market Share: SPBC occupies a niche market segment, combining equity and crypto exposure. Its market share is relatively small compared to broad market equity ETFs.
Total Net Assets (AUM): 22768178
Competitors
Key Competitors
- BITO
- BTF
- IBIT
- FBTC
- ARKB
Competitive Landscape
The competitive landscape is dominated by ETFs offering either broad market equity exposure or direct/indirect Bitcoin exposure. SPBC's advantage lies in its combined approach, offering both. Its disadvantage is the complexity and potential for higher volatility compared to pure equity or Bitcoin ETFs.
Financial Performance
Historical Performance: Historical performance will vary based on market conditions and Bitcoin's price movements. Reviewing performance over different periods is crucial.
Benchmark Comparison: The ETF's performance should be compared to a benchmark that reflects both U.S. equity and Bitcoin performance, considering its blended approach.
Expense Ratio: 0.59
Liquidity
Average Trading Volume
The ETF's average trading volume is moderately low, which could impact trade execution costs.
Bid-Ask Spread
The bid-ask spread can be moderately wide due to the complexity of the ETF and lower trading volume.
Market Dynamics
Market Environment Factors
Economic conditions affecting U.S. equities and the overall sentiment towards Bitcoin drive the performance of SPBC.
Growth Trajectory
Growth depends on the continued interest in both U.S. equities and Bitcoin as investment assets. Changes in either market can significantly impact its trajectory.
Moat and Competitive Advantages
Competitive Edge
SPBC's competitive advantage lies in its unique combination of U.S. equity exposure and Bitcoin upside through GBTC. This blended approach offers diversification within a single ETF. It provides a simplified way for investors to gain exposure to Bitcoin without directly holding it. The ETF also uses options strategies to potentially enhance returns, which differentiates it from simpler ETFs.
Risk Analysis
Volatility
The ETF's volatility is likely to be higher than a standard U.S. equity ETF due to the inclusion of Bitcoin exposure.
Market Risk
Specific risks include market risk associated with U.S. equities, Bitcoin's price volatility, and regulatory risks related to Bitcoin and cryptocurrency markets.
Investor Profile
Ideal Investor Profile
The ideal investor is someone who seeks exposure to both U.S. equities and Bitcoin, understands the risks involved, and has a higher risk tolerance.
Market Risk
SPBC is best suited for investors with a higher risk tolerance seeking both equity and crypto exposure, rather than purely long-term or passive investors.
Summary
Simplify U.S. Equity PLUS GBTC ETF provides combined exposure to U.S. equities and Bitcoin through GBTC, aiming for enhanced returns. It is suitable for investors with higher risk tolerance seeking diversified exposure. The ETF's performance is affected by both equity and Bitcoin market dynamics. Its complexity and reliance on GBTC also introduce unique risks. Due diligence is recommended before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Simplify Asset Management Website
- ETF.com
- Bloomberg
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Simplify U.S. Equity PLUS GBTC ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies and, exchange-traded products with direct exposure to Bitcoin ("Bitcoin ETPs"), and exchange-traded funds with indirect exposure to Bitcoin through Bitcoin futures options,swaps,or other derivative instruments ("Bitcoin ETFs").
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.