Simplify Tail Risk Strategy ETF
NAV Change- $ 0.03 /5.88%
Price Change+ $ 0.01 /1.92%
CYA will invest a substantial annual budget in highly convex equity-hedging strategies. We believe a modest allocation can be a valuable hedging tool during extreme downside equity events.
Due to this ongoing spend on tail risk hedges, investors should expect substantial declines in CYA's value during years without a tail risk event. Therefore, it should only be used by investors comfortable with making ongoing purchases into CYA to maintain a constant hedge, or by short-term investors looking to hedge against an imminent, severe stock market decline.