Simplify US Equity PLUS Downside Convexity ETF (SPD)
| Assets | $89.02M |
| Expense Ratio | 0.53% |
| PE Ratio | 28.26 |
| Shares Out | 2.35M |
| Dividend (ttm) | $0.46 |
| Dividend Yield | 1.24% |
| Ex-Dividend Date | Mar 26, 2025 |
| Payout Ratio | 35.14% |
| 1-Year Return | +16.77% |
| Volume | 22,062 |
| Open | 37.10 |
| Previous Close | 37.44 |
| Day's Range | 36.92 - 37.24 |
| 52-Week Low | 29.54 |
| 52-Week High | 37.60 |
| Beta | 0.74 |
| Holdings | 10 |
| Inception Date | Sep 3, 2020 |
About SPD
Fund Home PageThe Simplify US Equity PLUS Downside Convexity ETF (SPD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that provides exposure to US large-cap stocks while applying a downside options overlay strategy. SPD was launched on Sep 3, 2020 and is issued by Simplify.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 97.20% |
| SPXW US 05/30/25 C6000 Index | SPXW.US 0530/25 C6000 Index | 0.65% |
| SPXW US 07/18/25 C6300 Index | SPXW.US 0718/25 C6300 Index | 0.55% |
| SPXW US 06/06/25 C6100 Index | SPXW.US 0606/25 C6100 Index | 0.48% |
| SPXW US 06/20/25 P5550 Index | SPXW.US 0620/25 P5550 Index | 0.36% |
| SPXW US 06/30/25 C6200 Index | SPXW.US 0630/25 C6200 Index | 0.28% |
| SPXW US 05/21/25 C6000 Index | SPXW.US 0521/25 C6000 Index | 0.24% |
| Cash | Cash | 0.12% |
| SPXW US 05/23/25 P5800 Index | SPXW.US 0523/25 P5800 Index | 0.10% |
| SPXW US 05/30/25 P5300 Index | SPXW.US 0530/25 P5300 Index | 0.02% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 26, 2025 | $0.080 | Mar 31, 2025 |
| Dec 23, 2024 | $0.200 | Dec 31, 2024 |
| Sep 25, 2024 | $0.080 | Sep 30, 2024 |
| Jun 25, 2024 | $0.100 | Jul 1, 2024 |
| Mar 25, 2024 | $0.100 | Mar 28, 2024 |
| Dec 26, 2023 | $0.15848 | Dec 29, 2023 |
News
SPD: Safe Long-Term Hold With Built-In Protection
SPD uses far OTM puts to hedge S&P 500 against market crashes. The hedge works best when crashes occur faster. The worst case is for the selloff to be slow and drawn-out.
ETF Edge, August 30, 2021
CNBC's Bob Pisani talks hedging strategies and downside protection with Simplify ETFs CEO Paul Kim and ETF Trends Chief Investment Officer Dave Nadig.
ETF Edge: ETFs can provide downside protection as markets climb higher
As the markets continue to hit new highs, there's a growing interest in providing some kind of downside protection. Dave Nadig, CIO and director of research of ETF Trends and Paul Kim, CEO of Simplify...
SPD: S&P 500 Index Fund With Extreme Downside Protection
A subscriber asked for my thoughts on SPD. SPD invests in the S&P 500 index, and buys cheap put options to profit from extreme downturns.