Simplify US Equity PLUS Convexity ETF (SPYC)
| Assets | $88.09M |
| Expense Ratio | 0.53% |
| PE Ratio | n/a |
| Shares Out | 2.08M |
| Dividend (ttm) | $0.36 |
| Dividend Yield | 0.90% |
| Ex-Dividend Date | Jun 25, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 23,997 |
| Open | 40.22 |
| Previous Close | 40.69 |
| Day's Range | 39.80 - 40.22 |
| 52-Week Low | 30.67 |
| 52-Week High | 42.67 |
| Beta | 0.98 |
| Holdings | 33 |
| Inception Date | Sep 3, 2020 |
About SPYC
Fund Home PageThe Simplify US Equity PLUS Convexity ETF (SPYC) 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 the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk. SPYC was launched on Sep 3, 2020 and is issued by Simplify.
Top 10 Holdings
100.67% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 99.68% |
| SPXW US 08/15/25 C6450 Index | SPXW.US 0815/25 C6450 Index | 0.35% |
| SPXW US 10/17/25 P5350 Index | SPXW.US 1017/25 P5350 Index | 0.34% |
| SPXW US 09/19/25 P5250 Index | SPXW.US 0919/25 P5250 Index | 0.07% |
| Cash | Cash | 0.06% |
| SPXW US 08/01/25 P6250 Index | SPXW.US 0801/25 P6250 Index | 0.05% |
| SPXW US 08/04/25 P6165 Index | SPXW.US 0804/25 P6165 Index | 0.04% |
| SPXW US 08/15/25 C6650 Index | SPXW.US 0815/25 C6650 Index | 0.03% |
| RUTW US 08/13/25 P2010 Index | RUTW.US 0813/25 P2010 Index | 0.02% |
| SPXW US 08/13/25 P5800 Index | SPXW.US 0813/25 P5800 Index | 0.02% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.100 | Jun 30, 2025 |
| Mar 26, 2025 | $0.080 | Mar 31, 2025 |
| Dec 23, 2024 | $0.100 | Dec 31, 2024 |
| Sep 25, 2024 | $0.080 | Sep 30, 2024 |
| Jun 25, 2024 | $0.100 | Jun 28, 2024 |
| Mar 25, 2024 | $0.100 | Mar 28, 2024 |
Performance
SPYC had a total return of 10.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.42%.
News
Re-Visiting Tail Risk ETF Performance During Recent Black Swan Event Surrounding Banks
High-profile bank failures have introduced some volatility back to markets. I re-visit the performance of several tail risk and convexity ETFs against the return of the S&P 500 index.
How Options ETFs Can Be Utilized In An Investment Portfolio (Podcast Transcript)
Understand the approach to options ETFs and how they are implemented.
How Options ETFs Can Be Utilized In An Investment Portfolio
Understand the approach to options ETFs and how they are implemented. Learn about different option-based ETFs and the benefits they can provide.
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.
How one ETF provider uses options and derivatives to hedge against downside
Simplify ETFs CEO and co-founder Paul Kim and ETF Trends Chief Investment Officer and director of research Dave Nadig discuss the rise of alternative ETF strategies with CNBC's Bob Pisani.
ETF Investing: Duty, honor, country, and wealth management: ETFs that aim to do right by veterans
Just in time for Veterans Day comes a new exchange-traded fund that includes companies with good track records of supporting veteran employees, making two such ETFs now available for investors.
Fund Spotlight: Simplicity US Equity PLUS Convexity (SPYC)
Simplify is a new ETF company that launched three similar but slightly different ETFs meant to hedge downside risk. The fund sponsor is attempting to capitalize on this trend toward trying to capture ...