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EQLS

Simplify Market Neutral Equity Long/Short ETF

as of 02/21/2024

NAV

$ 23.83

NAV Change

- $ 0.10 /0.42%

Price

$ 23.95

Price Change

- $ 0.06 /0.25%
The Simplify Market Neutral Equity Long/Short ETF (EQLS) seeks to provide positive absolute returns and income.

A market-neutral strategy is one that seeks to profit during both rising and falling equity markets. By potentially profiting in either market environment, EQLS can provide significant diversification benefits while maintaining an independent source of returns.

The portfolio’s equity ranking system is driven by a proprietary multi-factor, machine-learning stock selection model developed by an industry-leading quantitative research firm.

Fund Overview

As of 02/21/2024

Ticker Symbol
EQLS
Gross Expense Ratio
1.00%
CUSIP
82889N541
Total Assets
$155,501,217.62
Shares Outstanding
6,525,001
Distribution Yield as of 12/31/2023 Distribution yield 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 yield.
Distribution Yield Close
Distribution yield 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 yield.
34.14%
Distribution Frequency
Quarterly
SEC 30-Day Yield as of 01/31/2024 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.
4.02%
Unsubsidized 30-Day SEC Yield as of 01/31/2024
4.02%
Options Available
No
Inception Date
06/12/2023
Premium/Discount (%) as of 02/21/2024
0.50%
NAV Per Share as of 02/21/2024
$23.83
Market Price as of 02/21/2024
$23.95
30-Day Median Bid-Ask Spread
0.21%
Bid/Ask
$23.89/$23.95
Midpoint Price
$23.92
Volume
41,944
NAV Symbol
EQLS.NV
IOPV Symbol
EQLS.IV
Shares Out. Symbol
EQLS.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy 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. These costs are not included in the expense example below. 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 Fees 1.00%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.00%
Total Annual Fund Operating Expenses 1.00%
1. Other Expenses are estimated for the Fund’s initial fiscal year.

Fund Performance

As of 01/31/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 6.51% -0.04% 9.09% 6.51% 2.42%
Market Price 6.29% -0.18% 8.75% 6.29% 2.45%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV -3.84%
Market Price -3.62%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2023 4th Quarter of 2023
Days Traded at Premium
126
51
Days Traded at Discount
12
12

Portfolio Exposure Breakdown

As of 01/31/2024

Region Exposure 1/2024
Top 10 Country Exposure 1/2024
Sector Exposure 1/2024
Market Cap Exposure 1/2024
Style Factor Exposures 1/2024

Portfolio Holdings

Ticker Name Quantity Weight
TRS BNPWGLL1 Simplify Custom Global Long Equity Index 1425725 100.92%
TRS BNPWGLS1 Simplify Custom Global Short Equity Index -1488629 -101.21%
TRS GSSIGLL1 Simplify Custom Global Long Equity Index 1409085 102.79%
TRS GSSIGLS1 Simplify Custom Global Short Equity Index -1483961 -103.04%
T Bills B 03/28/24 23750000 15.45%
T Bills B 04/02/24 36000000 23.41%
T Bills B 04/16/24 94400000 61.25%
- Estimated Cash 641683 0.42%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$1.89105 $0.00000 $0.00000 $0.00000 $1.89105
View Distribution History

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