Simplify US Equity PLUS Convexity ETF (SPYC)
| Assets | $58.33M |
| NAV | $29.16 |
| Expense Ratio | 0.28% |
| PE Ratio | 26.46 |
| Shares Out | 2.00M |
| Dividend (ttm) | $0.52 |
| Dividend Yield | 1.76% |
| Ex-Dividend Date | Jun 27, 2022 |
| 1-Year Return | -7.52% |
| Volume | 11,066 |
| Open | 29.50 |
| Previous Close | 29.64 |
| Day's Range | 29.50 - 29.88 |
| 52-Week Low | 26.12 |
| 52-Week High | 37.94 |
| Beta | 1.03 |
| Holdings | 15 |
| Inception Date | Sep 3, 2020 |
About SPYC
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
100.57% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 97.97% |
| SPX 01/20/23 C5050 Index | n/a | 1.35% |
| SPX 10/21/22 C4850 Index | n/a | 0.42% |
| Cash | n/a | 0.33% |
| SPX 06/16/23 C5600 Index | n/a | 0.15% |
| SPY 09/16/22 P370 Equity | n/a | 0.12% |
| SPX 09/16/22 P3900 Index | n/a | 0.11% |
| SPY 03/17/23 C510 Equity | n/a | 0.09% |
| SPX 09/16/22 P2850 Index | n/a | 0.03% |
| SPY 09/16/22 C510 Equity | n/a | 0.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2022 | $0.19311 | Jun 30, 2022 |
| Mar 28, 2022 | $0.14552 | Mar 31, 2022 |
| Dec 27, 2021 | $0.0565 | Dec 30, 2021 |
| 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
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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.
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