They are both graphic equalisers, the difference is that the Behringer has more bands.
Just as a quick note to help differentiate between graphic and parametric equalizers, in simple terms, graphic EQs have fixed bands (adjustment points) whereas Parametric EQs have adjustable bands (adjustment points). There is slightly more to it than that but that is a quick way of differentiating.
I used to have a MINIFBQ and it wasn’t terrible as far sound but wasn’t excellent either. The build quality is rather cheap and the sliders did get noisy after a while. I can’t compare to the Schiit as I haven’t used the Schiit.
What I am still trying to work out is where you are placing the EQ in your headphone set up?
From your previous post, I am understanding that you are going from the output of the Denon to the input of the Loki+, then from the output of the Loki+ with an adapter to the headphones?
Is that how you are connecting things?
If so, then your headphones will make sound but not the sound they are designed to make.
You also mention optical to RCA adapters in a post. I think you are getting a little confused here also. An optical connection is digital, RCA’s are analogue (except digital coax), so an Optical to RCA’s adapter is actually a DAC (digital to analogue converter). If you place this in the chain then that is what is doing the conversion. In other words, that is the DAC that is being used.
The way to connect everything together in a normal chain would be:
DAC output to Equalizer input, Equalizer output to Amplifier input, Amplifier output to Headphones.
With the iFi Micro iDSD I don’t think it has an analogue input (please someone correct me if I am wrong as I don’t have one), so there is no way to place the Equalizer between the Denon and the iFi.
My suggestion would be to either go from the Denon optical output to the iFi optical input and then from the iFi headphone output to the headphones (but you can’t use the Schiit).
Or
From the Denon optical output to the iFi optical input, from the iFi line output (RCAs on the back) to the Schiit Loki input, from the Schiit Loki output to a headphone amplifier (which you don’t have at the moment and need to buy or borrow) and then the headphone output of the amplifier to the headphones.
Both of the above methods are considering that you want to use the Denon as a source (to play BluRay etc).
Both of these chains should give you a better result that what you have at the moment, if I am understanding correctly how you connect it at the moment.
Again, how are you connecting the Loki to the headphones? Are you plugging the headphones into the Loki?