Simplify US Equity PLUS Convexity ETF (SPYC)
| Assets | $103.65M |
| NAV | $32.35 |
| Expense Ratio | 0.28% |
| PE Ratio | 26.03 |
| Shares Out | 3.20M |
| Dividend (ttm) | $0.40 |
| Dividend Yield | 1.24% |
| Ex-Dividend Date | Sep 27, 2021 |
| 1-Year Return | - |
| Volume | 26,160 |
| Open | 32.49 |
| Previous Close | 32.41 |
| Day's Range | 32.38 - 32.55 |
| 52-Week Low | 23.11 |
| 52-Week High | 33.31 |
| Beta | 1.22 |
| Holdings | 14 |
| Inception Date | Sep 3, 2020 |
About SPYC
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 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 option overlay consists of purchasing exchange-traded and over the counter (OTC) put and call options on the S&P 500 Index or an S&P 500 Index ETF.
Top 10 Holdings
100.14% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 98.15% |
| SPX 06/16/23 C5600 Index | N/A | 0.55% |
| SPY 03/17/23 C510 Equity | N/A | 0.37% |
| SPY 09/16/22 C510 Equity | N/A | 0.30% |
| SPX 03/18/22 C5000 Index | N/A | 0.30% |
| SPY 12/16/22 P225 Equity | N/A | 0.20% |
| SPY 09/16/22 P210 Equity | N/A | 0.16% |
| SPX 06/17/22 P2000 Index | N/A | 0.06% |
| SPXW US 10/27/21 P4390 Index | N/A | 0.03% |
| SPX 03/18/22 P2000 Index | N/A | 0.02% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 27, 2021 | $0.129 | Sep 30, 2021 |
| Jun 28, 2021 | $0.1626 | Jul 1, 2021 |
| Dec 14, 2020 | $0.1079 | Dec 18, 2020 |
News
ETF Edge: Dave Nadig Talks Downside Protection From ETFs
On this week's ETF Edge, CNBC's Bob Pisani, back in the studio, discusses the growing interest in staying in the market as it continues hitting new highs while still providing downside protection. He is...
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.
A Modern ETF Approach to Diversifying a Traditional Portfolio Mix
Exchange traded fund investors can look to asset allocation ideas and three new products that solve the real-world challenge of staying invested no matter what happens in the market. In the recent webca...
Elections, The Fed, Geopolitics, OH MY! Building a Modern All-Weather Portfolio
How will your portfolio do under a blue wave? What about under another 4 years of the Trump administration?
TD Ameritrade: Dave Nadig Talks SPYC ETF Picks
When considering if exchange traded funds make sense for a long term portfolio, let alone investing in multiple ETFs, there are certainly plenty of options out there, even in a time of uncertainty. Duri...
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, ...
Protect Yourself Against Extreme Volatility with This ETF
Wild market swings have returned and with a forthcoming election ahead, it could get even dicier, which puts certain ETFs into the spotlight as a portfolio protection tool. A MarketWatch article noted t...