Simplify US Equity PLUS Convexity ETF (SPYC)
| Assets | $74.24M |
| Expense Ratio | 0.53% |
| PE Ratio | 26.43 |
| Shares Out | 2.00M |
| Dividend (ttm) | $0.39 |
| Dividend Yield | 1.04% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | 27.50% |
| 1-Year Return | +21.93% |
| Volume | 7,438 |
| Open | 36.90 |
| Previous Close | 37.24 |
| Day's Range | 36.90 - 38.30 |
| 52-Week Low | 30.20 |
| 52-Week High | 40.43 |
| Beta | 0.97 |
| Holdings | 55 |
| 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
100.39% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 98.42% |
| Cash | Cash | 0.80% |
| SPXW US 12/20/24 C5990 Index | SPXW US 12/20/24 C5990 Index | 0.36% |
| SPX US 02/21/25 P4990 Index | SPX US 02/21/25 P4990 Index | 0.16% |
| RUTW US 12/13/24 C2405 Index | RUTW US 12/13/24 C2405 Index | 0.14% |
| SPXW US 01/03/25 C6150 Index | SPXW US 01/03/25 C6150 Index | 0.14% |
| RUTW US 12/27/24 C2485 Index | RUTW US 12/27/24 C2485 Index | 0.13% |
| RUTW US 12/20/24 C2450 Index | RUTW US 12/20/24 C2450 Index | 0.11% |
| SPXW US 01/17/25 P4960 Index | SPXW US 01/17/25 P4960 Index | 0.07% |
| SPXW US 12/13/24 P5780 Index | SPXW US 12/13/24 P5780 Index | 0.05% |
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 | $0.114 | Dec 29, 2023 |
| Sep 27, 2023 | $0.100 | Sep 29, 2023 |
| Jun 27, 2023 | $0.190 | Jul 3, 2023 |
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 ...