Simplify US Equity PLUS Downside Convexity ETF (SPD)
| Assets | $103.64M |
| Expense Ratio | 0.53% |
| PE Ratio | 27.11 |
| Shares Out | 3.10M |
| Dividend (ttm) | $0.44 |
| Dividend Yield | 1.28% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 34.75% |
| 1-Year Return | +24.64% |
| Volume | 16,532 |
| Open | 34.03 |
| Previous Close | 34.12 |
| Day's Range | 33.92 - 34.19 |
| 52-Week Low | 27.50 |
| 52-Week High | 34.74 |
| Beta | 0.72 |
| Holdings | 36 |
| 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
100.95% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 99.90% |
| SPX US 02/21/25 P4990 Index | SPX US 02/21/25 P4990 Index | 0.59% |
| SPXW US 01/17/25 P4960 Index | SPXW US 01/17/25 P4960 Index | 0.29% |
| SPXW US 12/20/24 P4850 Index | SPXW US 12/20/24 P4850 Index | 0.09% |
| SPX US 01/17/25 P4960 Index | SPX US 01/17/25 P4960 Index | 0.06% |
| NDXP US 11/27/24 P19250 Index | NDXP US 11/27/24 P19250 Index | 0.01% |
| SPXW US 11/27/24 P5550 Index | SPXW US 11/27/24 P5550 Index | 0.00% |
| RUTW US 11/27/24 P2125 Index | RUTW US 11/27/24 P2125 Index | 0.00% |
| RUTW US 11/29/24 P2070 Index | RUTW US 11/29/24 P2070 Index | 0.00% |
| SPXW US 11/29/24 P5350 Index | SPXW US 11/29/24 P5350 Index | 0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.080 | Sep 30, 2024 |
| Jun 25, 2024 | $0.100 | Jun 28, 2024 |
| Mar 25, 2024 | $0.100 | Mar 28, 2024 |
| Dec 26, 2023 | $0.158 | Dec 29, 2023 |
| Sep 27, 2023 | $0.100 | Sep 29, 2023 |
| Jun 27, 2023 | $0.210 | Jul 3, 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 Odds & Ends: Launches Resurge
Plus, expense ratio changes and other ETF developments occurred during the week.
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.