Simplify Volatility Premium ETF (SVOL)
| Assets | $1.15B |
| Expense Ratio | 0.72% |
| PE Ratio | 27.06 |
| Shares Out | 56.38M |
| Dividend (ttm) | $3.54 |
| Dividend Yield | 16.78% |
| Ex-Dividend Date | Nov 25, 2024 |
| Payout Ratio | 454.17% |
| 1-Year Return | -8.35% |
| Volume | 1,786,542 |
| Open | 20.40 |
| Previous Close | 20.40 |
| Day's Range | 20.32 - 21.15 |
| 52-Week Low | 19.41 |
| 52-Week High | 23.14 |
| Beta | 0.55 |
| Holdings | 28 |
| Inception Date | May 12, 2021 |
About SVOL
Fund Home PageThe Simplify Volatility Premium ETF (SVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed portfolio that aims to provide income via short exposure to S&P 500 VIX short-term futures, reset daily. The fund also utilizes an option overlay strategy to protect against adverse moves in VIX. SVOL was launched on May 12, 2021 and is issued by Simplify.
Top 10 Holdings
94.44% of assets| Name | Symbol | Weight |
|---|---|---|
| B 12/10/24 Govt | B 0 12.10.24 | 18.79% |
| iShares Core S&P 500 ETF | IVV | 17.73% |
| B 12/17/24 Govt | B 0 12.17.24 | 13.79% |
| Simplify MBS ETF | MTBA | 9.50% |
| Simplify Stable Income ETF | BUCK | 8.91% |
| Simplify Aggregate Bond ETF | AGGH | 8.89% |
| Simplify National Muni Bond ETF | NMB | 6.60% |
| Simplify Intermediate Term Treasury Futures Strategy ETF | TYA | 4.16% |
| B 04/01/25 Govt | B 0 04.01.25 | 3.30% |
| B 01/14/25 Govt | B 0 01.14.25 | 2.76% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 25, 2024 | $0.270 | Nov 29, 2024 |
| Oct 28, 2024 | $0.280 | Oct 31, 2024 |
| Sep 25, 2024 | $0.280 | Sep 30, 2024 |
| Aug 27, 2024 | $0.300 | Aug 30, 2024 |
| Jul 26, 2024 | $0.300 | Jul 31, 2024 |
| Jun 25, 2024 | $0.300 | Jul 1, 2024 |
News
SVOL: Capturing VIX Premia For A 16.12% Yield
The Simplify Volatility Premium ETF sells VIX futures for income, hedging with out-of-the-money VIX calls to mitigate large volatility spikes. SVOL allocates excess capital into diversified fixed-inco...
SVOL: Another Dividend Cut, But I'm Not Worried
SVOL sells short VIX futures for income and holds income-producing assets, betting real volatility will be less than expected. Simplify clarified their strategy, revealing the IVV trade is a cash mana...
SVOL: Generating Alpha With A Unique Income Portfolio Diversifier
SVOL offers investors a unique 16.79% yielding, tax-efficient strategy combining VIX futures contracts and fixed income investments, providing high income and diversification in an equity portfolio. T...
SVOL: Changing Holdings Make Me Nervous (Rating Downgrade)
I am downgrading SVOL from "strong buy" to "buy" due to increased equity risk and opaqueness in its strategy. SVOL's new strategy involves significant exposure to S&P 500 ETF shares and short futures ...
SVOL: Big Yield Passing The Tests
SVOL's strategy of shorting VIX futures and using hedges like VIX calls and S&P500 put spreads proved effective during August's dip, preventing permanent capital losses. The fund's portfolio remains h...
SVOL: Is this 16% yielding a good ETF to buy and hold?
The Simplify Volatility Premium ETF (SVOL) has become one of the most popular funds among income investors this year. It has done modestly well since its inception, and has one of the highest dividend...
SVOL: Treat This Like A High-Yield Hedge Fund
The fund's large holdings in "fixed-income ETFs" and options mean it shouldn't be treated solely as a short VIX futures fund but rather as a hedge fund for income. Its fixed-income ETFs consist of Sim...
Net Asset Value Restatement for Simplify Aggregate Bond ETF (AGGH) & Simplify Volatility Premium ETF (SVOL)
NEW YORK--(BUSINESS WIRE)--Simplify announces net asset value restatement for AGGH and SVOL ETFs.
SVOL: The Hedge Worked, I Maintain A Strong Buy
The Simplify Volatility Premium ETF aims for 15% annual returns through short VIX futures, bond collateral, and options spreads, showcasing strong active management. Despite a recent VIX spike, SVOL's...
Navigating A Historic VIX Spike With SVOL
SVOL typically shorts between 20% and 30% of its portfolio across the VIX futures term structure, greatly limiting downside risk compared to other products with more exposure. SVOL allocates 2% to 4% ...
SVOL Just Passed A Massive Test, We're Big Buyers
SVOL is an interesting high-yield ETF, and we like how the fund is structured to produce income over time. In theory, SVOL should be somewhat susceptible to spikes in the VIX, and this has prevented u...
SVOL: Recent Sell-Off Highlights The Fund's Poor Construction
Simple investments can be more successful than complicated ones, as overly complex investments may hide unacceptable risks. The Simplify Volatility Premium ETF offered total returns of 27.54% over the...
SVOL: This 16% Yielding Monthly Dividend ETF Is Perfect For One Type Of Investor
High-yield monthly paying dividends are becoming increasingly popular. SVOL is a unique strategy ETF that offers a 16% yield, paid monthly. SVOL is designed to deliver market-like returns with lower v...
SVOL: A Manageable Super Yielder And Quality Income Diversifier
SVOL is a top-rated ETF with low volatility and a stable yield of about 16%. SVOL is a market observable income play that is highly manageable with known VIX patterns. It is a good portfolio diversifi...
SVOL Sees Big Improvement, But Still The Wrong Place To Be
The Simplify Volatility Premium ETF (SVOL) has returned a little over 7% with distributions, but a buy-and-hold of the S&P 500 would have returned almost double that. SVOL aims to short the VIX at a r...
SVOL: Looks Interesting Because Of The VIX Curve And Upcoming Elections
Simplify Volatility Premium ETF generates income by selling VIX futures and investing in income-producing securities like high-yield and government bonds. The SVOL ETF also buys out-of-the-money VIX c...
SVOL: I Think It's A Top Income ETF
Simplify Volatility Premium ETF has a high yield of 16% that might startle some, but there is reason to think it can deliver. SVOL's strategy involves shorting VIX futures contracts and investing in f...
SVOL: I Am Pleased With The New Holdings (Upgrade)
The Simplify Volatility Premium ETF aims to generate income by selling futures on the CBOE Volatility Index. SVOL has experienced some NAV erosion but has maintained a relatively stable level and outp...
SVOL: Still Relevant In A Low Volatility Environment
Simplify Volatility Premium ETF is a popular income-generating ETF with an yield of 16% by betting against VIX. Many people are concerned that it may not be relevant to "short" VIX when VIX is so low ...
SVOL: Enough Complexity, Not Enough Benefits
SVOL is a complex ETF that uses the volatility index, not stocks, as a primary driver of returns and cash distribution.
The SVOL Advantage: Smarter Exposure To Market Volatility
SVOL utilizes a volatility selling strategy by selling VIX futures one month out instead of the front month future.
SVOL: Trends Reverse, Reinstating My Buy Rating (Upgrade)
Simplify Volatility Premium ETF receives a buy rating after addressing concerns regarding dividend distributions and underlying holdings changes. Return of capital distributions have ended, signaling ...
SVOL: It's Time To Trim (Rating Downgrade)
SVOL is a well-designed income ETF that hedges out black-swan convexity risk. The ETF sells VIX futures to generate yield, producing a similar income but a superior risk profile to other income ETFs. ...
SVOL: Looking To Generate Income From The VIX? Look Elsewhere
Volatility funds have become popular for gaining exposure to the S&P 500 volatility index, but there are risks involved. The Simplify Volatility Premium ETF offers a different approach to shorting the...