Simplify US Equity PLUS Downside Convexity ETF (SPD)
| Assets | $142.21M |
| Expense Ratio | 0.53% |
| PE Ratio | 26.63 |
| Shares Out | 4.10M |
| Dividend (ttm) | $0.48 |
| Dividend Yield | 1.41% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 37.65% |
| 1-Year Return | +13.28% |
| Volume | 13,497 |
| Open | 34.64 |
| Previous Close | 34.69 |
| Day's Range | 33.94 - 34.64 |
| 52-Week Low | 29.70 |
| 52-Week High | 35.30 |
| Beta | 0.74 |
| Holdings | 44 |
| 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
100.41% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 99.67% |
| SPXW US 04/17/25 P5100 Index | SPXW US 04/17/25 P5100 Index | 0.32% |
| Cash | Cash | 0.16% |
| SPXW US 03/21/25 P5060 Index | SPXW US 03/21/25 P5060 Index | 0.09% |
| SPXW US 03/07/25 C6120 Index | SPXW US 03/07/25 C6120 Index | 0.07% |
| SPXW US 02/28/25 C6100 Index | SPXW US 02/28/25 C6100 Index | 0.05% |
| SPXW US 03/07/25 C6150 Index | SPXW US 03/07/25 C6150 Index | 0.02% |
| SPXW US 02/26/25 P5835 Index | SPXW US 02/26/25 P5835 Index | 0.02% |
| SPXW US 02/28/25 C6265 Index | SPXW US 02/28/25 C6265 Index | 0.01% |
| RUTW US 03/05/25 P2075 Index | RUTW US 03/05/25 P2075 Index | 0.01% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 27, 2023 | $0.100 | Sep 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.