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BUCK vs LQDM

Simplify Treasury Option Income ETF

BUCKANYSE Arca

Amplify LQD Investment Grade 12% Target Income ETF

LQDMCCboe

Overlap

0.0%by weight

Expense ratio

BUCK −0.16pt a year

BUCK0.38%LQDM0.54%

Avg volume · 30D

BUCK 33.8×the volume

BUCK196KLQDM5.81K

BUCK vs LQDM Performance

Jul 31, 2026 – Oct 30, 2026

+0.1%BUCK−0.3%LQDM

Jul 31, 2026 to Oct 30, 2026. BUCK +0.1%. LQDM −0.3%. Use the arrow keys to read each point.−2%−1%1%Jul 2026Sep 2026Oct 2026
Expense ratio
BUCK 0.38%, better
LQDM 0.54%
Fund size
BUCK $516M
LQDM $4M
1Y total return
BUCK +3.4%
LQDM No data
Yield (12M)
BUCK 6.91%
LQDM No data
Holdings
BUCK 4
LQDM 3
Avg volume (30D)
BUCK 196K sh, better
LQDM 5.81K sh
NAV per share
BUCK $23.01
LQDM $23.04
52W range

ETF.net Grade

BUCK: Cost 84, Risk 57, Mission not scored, Tradability 59, Holdings 53, Durability 79. LQDM: Cost 69, Risk 34, Mission not scored, Tradability 49, Holdings 50, Durability 26.
Pillar letters and Scores for BUCK, LQDM, with each pillar’s weight
PillarBUCKLQDM
Cost30% weightA84HigherB69
Mission25% weightNot scoredNot scored
Risk15% weightB57HigherD34
Tradability15% weightB59HigherC49
Holdings10% weightC53HigherC50
Durability5% weightA79HigherD26

Rank among Treasury Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BUCK and LQDM are both graded against the same 13 Treasury Option Income funds, so their Grades compare head to head.

Treasury Option Income⁠

Category · 13 funds
See all 13 ›

BUCK ranks 3rd and LQDM 8th of 13 funds in the Treasury Option Income Category.

  1. Rank 1ABENJHorizon Landmark ETFScore 76
  2. Rank 2ATLTWiShares 20+ Year Treasury Bond BuyWrite Strategy ETFScore 75
  3. Rank 3ABUCKSimplify Treasury Option Income ETFScore 69
  4. Rank 4BJUCYAptus Enhanced Yield ETFScore 61
  5. Rank 8CDEFRAptus Deferred Income ETFScore 40
  6. Rank 8CLQDMAmplify LQD Investment Grade 12% Target Income ETFScore 40
  7. Rank 10DFIAXNicholas Fixed Income Alternative ETFScore 37

Our read on each fund

ETF.net Research

BUCKASimplify Treasury Option Income ETF

LQDMCAmplify LQD Investment Grade 12% Target Income ETF

In short

BUCK Most Treasury option-income funds write calls on 20+ year bonds and hand you the duration ride. BUCK works the short end: U.S. government securities kept to a year or less of duration, with an option overlay on top, paying monthly.

LQDM No data

Stated mandate

BUCK The fund seeks monthly income through an actively managed portfolio with at least 80% of net assets in U.S. government securities. It seeks total returns while keeping duration at one year or less and uses risk-managed option writing to add income and total return.

LQDM No data

Why people hold it

  • BUCK Duration is capped at one year or less by mandate, so income leans on the option writing rather than a bet on long-bond prices.simplify.us
  • A 0.35% expense ratio undercuts the typical fee among Treasury option-income funds and ties the cheapest of its top-ranked peers, TLTW.
  • Pays monthly, with at least 80% of net assets in U.S. government securities, so the engine sits on Treasuries rather than corporate credit.
  • Sits in the upper half of its small Treasury-overlay peer group, one of the stronger takes on the short-bonds-plus-options idea.

LQDM No data

Worth knowing

  • BUCK Actively managed with no published index behind it. Results ride on how the manager runs the option book, and premium income varies month to month.
  • Selling options is a trade: premium now in exchange for giving up some upside on the underlying positions.simplify.us
  • Launched in 2022, so the live record covers a short and unusual stretch of rate history.

LQDM No data

Full BUCK profile⁠

Full LQDM profile⁠

BUCK vs LQDM Holdings

How BUCK and LQDM differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BUCK and 0.0% of LQDM.

Level by level

  • Asset classFixed Income, Equity0.0%
  • Holdings0 in both0.0%
  • Countryby domicile85.9%

Sector

No Sector split for BUCK.

Country, concentration and asset class

Country by domicile

Country weights in BUCK and LQDM, widest gap first
CountryMore in BUCKMore in LQDM
United StatesBUCK +14.1 points
United KingdomLQDM +4.6 points
CanadaLQDM +2.5 points
JapanLQDM +2.0 points
AustraliaLQDM +0.9 points
BelgiumLQDM +0.7 points
SpainLQDM +0.7 points
SwitzerlandLQDM +0.7 points
Other countries (8)LQDM +2.1 points

Concentration

Weight in the 10 largest Holdings

  • BUCK100.8%
  • LQDM100.1%

Securities held

  • BUCK2
  • LQDM2

Asset class

BUCK
Fixed Income
LQDM
Equity

Holdings

  • Only in BUCK2
  • In both0
  • Only in LQDM2

Only in BUCK

2 securities, 100% of BUCK by weight

  • Simplify E Govt Money Mkt Etf84.77%
  • Us Long Bond(Cbt) DEC2615.57%

Only in LQDM

2 securities, 99.7% of LQDM by weight

  • iShares iBoxx USD Investment Grade Corporate Bond ETF99.74%
  • Invesco Government & Agency Portfolio 12/31/2031<0.01%

Weight gaps

BUCK and LQDM share no securities.

All 9 BUCK holdings⁠All 2 LQDM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BUCK vs LQDM Cost

Overpaying LQDM vs BUCK

$3,014

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BUCK 0.38%

    $7,706

  • LQDM 0.54%

    $10,720

$10,000
30 years

Cost over time

  • BUCK 0.38%
  • LQDM 0.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530LQDM $10,720BUCK $7,706

Year by year

YearBUCKLQDMOverpaying
10$688$971$283
20$2,658$3,724$1,066
30$7,706$10,720$3,014

Expense ratio

  • 0.38%BUCK, cheaper
  • 0.54%LQDM
  • Middle half of Treasury Option Income funds
  • Median 0.65%

BUCK 2nd cheapest of 13 funds

LQDM 4th cheapest of 13 funds

BUCK vs LQDM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BUCK 6.91%
LQDM No data
Payout (12M)
BUCK $1.59
LQDM No data
Last payment
BUCK $0.12
LQDM $0.23
Ex-dividend
BUCK Oct 27, 2026
LQDM Oct 29, 2026
Paid on
BUCK Oct 30, 2026
LQDM Oct 30, 2026
Frequency
BUCK Monthly
LQDM Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BUCKMonthly · 46 paymentsAll BUCK payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 26, 2023 $0.10; Feb 23, 2023 $0.10; Mar 27, 2023 $0.10; Apr 25, 2023 $0.10; May 25, 2023 $0.10; Jun 27, 2023 $0.10; Jul 26, 2023 $0.10; Aug 28, 2023 $0.10; Sep 27, 2023 $0.10; Oct 26, 2023 $0.10; Nov 27, 2023 $0.10; Dec 26, 2023 $0.11; Jan 26, 2024 $0.20; Feb 26, 2024 $0.25; Mar 25, 2024 $0.25; Apr 25, 2024 $0.14; May 24, 2024 $0.14; Jun 25, 2024 $0.20; Jul 26, 2024 $0.20; Aug 27, 2024 $0.20; Sep 25, 2024 $0.20; Oct 28, 2024 $0.14; Nov 25, 2024 $0.14; Dec 23, 2024 $0.11; Jan 28, 2025 $0.15; Feb 25, 2025 $0.15; Mar 26, 2025 $0.15; Apr 25, 2025 $0.15; May 27, 2025 $0.15; Jun 25, 2025 $0.15; Jul 28, 2025 $0.15; Aug 26, 2025 $0.15; Sep 25, 2025 $0.15; Oct 28, 2025 $0.15; Nov 21, 2025 $0.15; Dec 23, 2025 $0.15; Jan 27, 2026 $0.15; Feb 24, 2026 $0.14; Mar 26, 2026 $0.14; Apr 27, 2026 $0.14; May 26, 2026 $0.12; Jun 25, 2026 $0.12; Jul 28, 2026 $0.12; Aug 26, 2026 $0.12; Sep 25, 2026 $0.12; Oct 27, 2026 $0.12. Use the arrow keys to read each point.$0$0.2520232026YTD
LQDMMonthly · 6 paymentsAll LQDM payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. May 28, 2026 $0.25; Jun 29, 2026 $0.25; Jul 30, 2026 $0.24; Aug 28, 2026 $0.24; Sep 29, 2026 $0.23; Oct 29, 2026 $0.23. Use the arrow keys to read each point.$0$0.2520232026YTD

BUCK vs LQDM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BUCK 3.0%LQDM No data
Return per unit of riskSharpe ratio, 3 years
BUCK 0.08LQDM No data
Worst fallMax drawdown, 5 years
BUCK −5.4%since Oct 2022LQDM No data
Market sensitivityBeta, 5 years
BUCK 0.08LQDM 0.23

BUCK and LQDM in the news

All news⁠

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