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TESL

Simplify Volt TSLA Revolution ETF

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as of 06/02/2025

NAV

$ 24.03

NAV Change

- $ 0.42 /1.72%

Price

$ 24.04

Price Change

- $ 0.43 /1.76%

The Simplify Volt TSLA Revolution ETF (TESL) seeks to provide capital appreciation by investing primarily in Tesla, Inc.

The fund uses an active management strategy to capture the potential of Tesla’s stock price movements while implementing an advanced options overlay to manage downside risks. 
 

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Documents

As Featured In

Fund Overview

As of 06/02/2025

Ticker Symbol
TESL
Gross Expense Ratio
1.20%
CUSIP
82889N889
Total Assets
$32,446,440.40
Shares Outstanding
1,350,001
Distribution Rate as of 03/31/2025 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
3.79%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 04/30/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 04/30/2025
1.02%
Options Available
Yes
Inception Date
12/28/2020
Premium/Discount (%) as of 06/02/2025
0.02%
NAV Per Share as of 06/02/2025
$24.03
Market Price as of 06/02/2025
$24.04
30-Day Median Bid-Ask Spread
0.94%
Bid/Ask
$23.94/$24.29
Midpoint Price
$24.12
Volume
25,500
NAV Symbol
TESL.NV
IOPV Symbol
—
Shares Out. Symbol
TESL.SO
Schedule K-1
No
 
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distribution includes an estimated 91% Return of Capital ("ROC"). The ROC percentage indicates the percentage of the distribution that reflects an investor's initial investment.

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees0.95%
Distribution and Service (12b-1) Fees0.00%
Acquired Fund Fees and Expenses10.25%
Total Annual Fund Operating Expenses1.20%

1. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund. Acquired Fund Fees and Expenses are estimated for the current fiscal year.

Fund Performance (Total Return)

As of 04/30/2025 03/31/2025

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 25.57% -13.11% 88.89% -15.59% 105.61% 61.94%
Market Price 25.81% -13.50% 90.62% -15.85% 105.15% 62.30%
Annualized 1 Year 3 Year Since Inception
NAV 105.61% 21.58% 11.76%
Market Price 105.15% 21.59% 11.82%
Cumulative 1 Year Since Inception
NAV 54.19% 28.97%
Market Price 53.84% 29.01%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 54.19% 4.00% — 6.16%
Market Price 53.84% 3.82% — 6.17%
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above. For most recent data please call (855) 772-8488.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2024 1st Quarter of 2025
Days Traded at Premium
89
27
Days Traded at Discount
163
33
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 06/02/2025

Holdings - All ETFs
Ticker Name Quantity Weight
TSLA TESLA INC USD 0.001 49,501 52.28%
GLD US 06/04/25 P280 GLD Jun 2025 280 Put 327 0.00%
GLD US 06/04/25 P290 GLD Jun 2025 290 Put -327 0.00%
GLD US 06/06/25 P284 GLD Jun 2025 284 Put 342 0.00%
GLD US 06/06/25 P294 GLD Jun 2025 294 Put -342 -0.01%
MSTR US 06/13/25 P265 MSTR Jun 2025 265 Put 72 0.01%
MSTR US 06/13/25 P315 MSTR Jun 2025 315 Put -72 -0.03%
RUTW US 06/11/25 P1845 RUTW Jun 2025 1845 Put 56 0.01%
RUTW US 06/11/25 P1945 RUTW Jun 2025 1945 Put -56 -0.05%
RUTW US 06/13/25 P1850 RUTW Jun 2025 1850 Put 54 0.02%
RUTW US 06/13/25 P1950 RUTW Jun 2025 1950 Put -54 -0.07%
SPXW US 06/06/25 C6050 SPXW Jun 2025 6050 Call 102 0.19%
SPXW US 06/06/25 C6100 SPXW Jun 2025 6100 Call 80 0.03%
SPXW US 06/06/25 P5750 SPXW Jun 2025 5750 Put 33 0.04%
SPXW US 06/11/25 P5325 SPXW Jun 2025 5325 Put 18 0.00%
SPXW US 06/11/25 P5625 SPXW Jun 2025 5625 Put -18 -0.02%
SPXW US 06/13/25 P5340 SPXW Jun 2025 5340 Put 18 0.01%
SPXW US 06/13/25 P5640 SPXW Jun 2025 5640 Put -18 -0.04%
SPXW US 06/20/25 P5550 SPXW Jun 2025 5550 Put 48 0.17%
SPXW US 06/30/25 C6200 SPXW Jun 2025 6200 Call 41 0.14%
SPXW US 07/18/25 C6300 SPXW Jul 2025 6300 Call 115 0.50%
SPXW US 07/18/25 P5155 SPXW Jul 2025 5155 Put -56 -0.26%
SPXW US 07/18/25 P5455 SPXW Jul 2025 5455 Put 56 0.56%
SPXW US 07/31/25 C6500 SPXW Jul 2025 6500 Call 227 0.34%
TSLA US 06/06/25 P317.5 Tesla, Inc. Jun 2025 317 Put 1,000 0.41%
- TSLBOATRS 25,573 27.01%
- TSLBOATRS 00001 -9,153,499 -28.21%
T Bills UNITED STS TREAS BILLS 0.0 08JUL25 6,500,000 19.95%
T Bills UNITED STS TREAS BILLS 0.0 05AUG25 900,000 2.75%
T Bills UNITED STS TREAS BILLS 0.0 26AUG25 7,400,000 22.58%
- Estimated Cash 544,727 1.68%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.15000
$0.14824
$0.00000
$0.00000
View Distribution History
S19(a) Notices Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.
S19(a) Notices Close
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.

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