Simplify US Equity PLUS Downside Convexity ETF (SPD)
| Assets | $475.66M |
| NAV | $31.87 |
| Expense Ratio | 0.28% |
| PE Ratio | n/a |
| Shares Out | 14.93M |
| Dividend (ttm) | $0.29 |
| Dividend Yield | 0.93% |
| Ex-Dividend Date | Dec 27, 2021 |
| 1-Year Return | +13.48% |
| Volume | 118,156 |
| Open | 31.75 |
| Previous Close | 31.55 |
| Day's Range | 31.24 - 31.95 |
| 52-Week Low | 26.62 |
| 52-Week High | 26.62 |
| Beta | 0.83 |
| Holdings | 12 |
| Inception Date | Sep 3, 2020 |
About SPD
The investment seeks to provide capital appreciation. The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds (ETFs). The downside convexity option overlay consists of purchasing exchange-traded and over the counter (OTC) put options on the S&P 500 Index or an S&P 500 Index ETF.
Top 10 Holdings
101.46% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 98.95% |
| SPX 04/14/22 P3900 Index | N/A | 1.48% |
| SPX 03/17/23 P2400 Index | N/A | 0.48% |
| SPY 12/16/22 P225 Equity | N/A | 0.34% |
| SPY 09/16/22 P210 Equity | N/A | 0.27% |
| SPXW US 01/24/22 P4450 Index | N/A | 0.08% |
| SPX 06/17/22 P2000 Index | N/A | 0.07% |
| SPX 03/18/22 P2000 Index | N/A | 0.01% |
| SPXW US 01/24/22 P4350 Index | N/A | -0.03% |
| SPY 09/16/22 P185 Equity | N/A | -0.19% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2021 | $0.1004 | Dec 30, 2021 |
| Sep 27, 2021 | $0.071 | Sep 30, 2021 |
| Jun 28, 2021 | $0.1206 | Jul 1, 2021 |
| Dec 14, 2020 | $0.1162 | Dec 18, 2020 |
News
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 E...
An Alternative ETF Strategy to Enhance Your Core Equity Portfolio
Exchange traded fund investors seeking to diversify their investment portfolios may consider a brand new approach that simply and elegantly reinforces their core equity exposure. In the recent webcast, ...