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LQ vs UCBG

Simplify Tax Aware Alternatives ETF

LQCNasdaq

State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

UCBGANYSE Arca

Overlap

Expense ratio

UCBG −0.09pt a year

LQ0.15%UCBG0.06%

Avg volume · 30D

UCBG 6652.8×the volume

LQ624UCBG4.15M

LQ vs UCBG Performance

Sep 30, 2026 – Oct 30, 2026

+1.5%LQ−0.9%UCBG

Sep 30, 2026 to Oct 30, 2026. LQ +1.5%. UCBG −0.9%. Use the arrow keys to read each point.−0.5%0%0.5%1%2%Sep 30Oct 15Oct 30
Expense ratio
LQ 0.15%
UCBG 0.06%, better
Fund size
LQ $2M
UCBG $2.52B
Holdings
LQ 1
UCBG 868
Avg volume (30D)
LQ 624 sh
UCBG 4.15M sh, better
NAV per share
LQ $23.94
UCBG $50.56
52W range

ETF.net Grade

LQ: Cost 93, Risk 48, Mission not scored, Tradability 25, Holdings not scored, Durability 36. UCBG: Cost 100, Risk not scored, Mission 99, Tradability 99, Holdings 79, Durability 66.
Pillar letters and Scores for LQ, UCBG, with each pillar’s weight
PillarLQUCBG
Cost30% weightA93A100Higher
Mission25% weightNot scoredA99
Risk15% weightC48Not scored
Tradability15% weightD25A99Higher
Holdings10% weightNot scoredA79
Durability5% weightD36B66Higher

Rank among Multi-Asset Allocation funds

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

Same Category. LQ and UCBG are both graded against the same 37 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 37 funds
See all 37 ›

UCBG ranks 1st and LQ 26th of 37 funds in the Multi-Asset Allocation Category.

  1. Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
  2. Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
  3. Rank 25CHECAHedgeye Capital Allocation ETFScore 41
  4. Rank 26CLQSimplify Tax Aware Alternatives ETFScore 40
  5. Rank 26CMHIGMilliman Healthcare Inflation Guard ETFScore 40

Our read on each fund

ETF.net Research

LQCSimplify Tax Aware Alternatives ETF

UCBGAState Street SPDR UC Investments 90/10 Endowment Strategy Index ETF

In short

LQ Simplify's alternatives lineup (managed futures, commodities, currencies, energy, tail hedges) in one ticker, held through year-plus swaps so gains at expiry can qualify as long-term capital gains. The tax plumbing is the product.

UCBG No data

Stated mandate

LQ The Fund seeks long-term capital appreciation through a diversified, actively managed portfolio of alternative strategies designed to diversify traditional stock-and-bond portfolios and reduce the tax impact of investing.

UCBG No data

Why people hold it

  • LQ 0.25% a year for an actively managed alternatives book, well under the typical fund in the multi-asset allocation group.sec.gov
  • Exposure runs through swaps on Simplify ETFs with tenors of at least one year, so gains at expiration are eligible for long-term capital gains treatment.simplify.us
  • One holding covers managed futures, commodities, currencies, energy infrastructure and tail-risk hedges, instead of stacking separate strategy tickers.simplify.ussimplify.us 2
  • Mandate is the classic diversifier job: strategies chosen for low correlation to stocks and bonds, run globally and actively.simplify.us

UCBG No data

Worth knowing

  • LQ Launched in 2026 with a small asset base and light trading, so there is little live history to judge and quotes can be wide.
  • Results ride on Simplify's own in-house strategies, and swap-based exposure carries counterparty risk that directly held positions do not.simplify.us
  • Payouts come annually or semiannually, and the fund notes the final tax character of a distribution is set on Form 1099-DIV, not at payment.simplify.us

UCBG No data

Full LQ profile⁠

Full UCBG profile⁠

LQ vs UCBG 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.

LQ vs UCBG Cost

Overpaying LQ vs UCBG

$1,867

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

  • LQ 0.15%

    $3,137

  • UCBG 0.06%

    $1,270

$10,000
30 years

Cost over time

  • LQ 0.15%
  • UCBG 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530LQ $3,137UCBG $1,270

Year by year

YearLQUCBGOverpaying
10$274$110$164
20$1,071$432$639
30$3,137$1,270$1,867

Expense ratio

  • 0.15%LQ
  • 0.06%UCBG, cheaper
  • Middle half of Multi-Asset Allocation funds
  • Median 0.57%

UCBG cheapest of 37 funds

LQ 3rd cheapest of 37 funds

LQ vs UCBG Dividends

Last 12 months to Oct 30, 2026
Last payment
LQ $0.25
UCBG $0.04
Ex-dividend
LQ Sep 25, 2026
UCBG Sep 21, 2026
Paid on
LQ Sep 30, 2026
UCBG Sep 23, 2026
Frequency
LQ Quarterly
UCBG Irregular

Distribution history

Per share, 2026, same scale for both

LQQuarterly · 2 paymentsAll LQ payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 25, 2026 $0.05; Sep 25, 2026 $0.25. Use the arrow keys to read each point.$0$0.252026YTD
UCBGIrregular · 1 paymentAll UCBG payments⁠
One bar per payment. 1 payment in 2026 YTD. Sep 21, 2026 $0.04. Use the arrow keys to read each point.$0$0.252026YTD

LQ vs UCBG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
LQ 1.29UCBG 0.00

LQ and UCBG in the news

All news⁠

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