Simplify High Yield PLUS Credit Hedge ETF (CDX)
| Assets | $24.19M |
| NAV | $23.04 |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 1.05M |
| Dividend (ttm) | $0.15 |
| Dividend Yield | 0.66% |
| Ex-Dividend Date | Apr 26, 2022 |
| 1-Year Return | -8.71% |
| Volume | 43,918 |
| Open | 22.81 |
| Previous Close | 22.91 |
| Day's Range | 22.81 - 23.24 |
| 52-Week Low | 22.81 |
| 52-Week High | 25.40 |
| Beta | n/a |
| Holdings | 233 |
| Inception Date | Feb 14, 2022 |
About CDX
The adviser seeks to achieve the fund's investment objective by investing in high yield bonds also known as "junk bonds" primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund's investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.
Top 10 Holdings
257.44% of assets| Name | Symbol | Weight |
|---|---|---|
| ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF | N/A | 73.48% |
| B 05/26/22 | B 0 05.26.22 | 40.74% |
| Cash | N/A | 40.22% |
| MORGAN STANLEY CUSTOM QUALITY INDEX | N/A | 34.47% |
| MORGAN STANLEY CUSTOM JUNK INDEX | N/A | 24.48% |
| VANECK FALLEN ANGEL HIGH YIELD BOND ETF | N/A | 20.99% |
| B 07/14/22 | B 0 07.14.22 | 20.64% |
| VanEck Vectors Fallen Angel High Yield Bond ETF | ANGL | 1.73% |
| Accenture PLC | ACN | 0.34% |
| American Financial Group Inc/O | AFG | 0.34% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 26, 2022 | $0.08882 | Apr 29, 2022 |
| Mar 28, 2022 | $0.0631 | Mar 31, 2022 |
News
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Simplify Launches 2 Fixed Income ETFs Focused on Hedging Credit Risk
Simplify Asset Management today launched two new strategies providing exposure to diversified investment-grade bonds and high-yield corporate debt with unique credit hedge overlays. The Simplify Aggrega...
Simplify Debuts 2 Credit-Hedged Bond ETFs
The two funds launch as spreads on corporate debt begin widening.
Simplify Adds to Its Fixed Income ETF Suite With Launch of Two Funds Focused on Hedging Credit Risk
NEW YORK--(BUSINESS WIRE)--Simplify launches AGGH and CDX ETFs, first-of-their-kind fixed income funds providing investors with unique credit hedge overlays