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EQLS

Simplify Market Neutral Equity Long/Short ETF

as of 10/14/2024

NAV

$ 22.08

NAV Change

+ $ 0.12 /0.55%

Price

$ 22.04

Price Change

+ $ 0.10 /0.46%
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 10/14/2024

Ticker Symbol
EQLS
Gross Expense Ratio
1.00%
CUSIP
82889N541
Total Assets
$144,597,131.38
Shares Outstanding
6,550,001
Distribution Rate as of 09/30/2024 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.
1.85%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 09/30/2024 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.
-
30-Day SEC Yield (Unsubsidized) as of 09/30/2024
4.21%
Options Available
No
Inception Date
06/12/2023
Premium/Discount (%) as of 10/14/2024
-0.16%
NAV Per Share as of 10/14/2024
$22.08
Market Price as of 10/14/2024
$22.04
30-Day Median Bid-Ask Spread
0.23%
Bid/Ask
$22.02/$22.07
Midpoint Price
$22.05
Volume
2,654
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 09/30/2024 09/30/2024

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -2.80% -7.69% -6.58% -1.35% -3.57% -5.13%
Market Price -2.57% -7.85% -6.51% -1.89% -4.56% -5.44%
Annualized 1 Year 3 Year Since Inception
NAV -3.57% -3.97%
Market Price -4.56% -4.22%
Cumulative 1 Year Since Inception
NAV -3.57% -5.13%
Market Price -4.56% -5.44%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -3.57% -3.97%
Market Price -4.56% -4.22%

Historical Premium/Discount

Calendar Year 2023 3rd Quarter of 2024
Days Traded at Premium
126
23
Days Traded at Discount
12
41

Portfolio Exposure Breakdown

As of 08/31/2024

EQLS Region Exposure 8/2024
EQLS Top 10 Country Exposure 8/2024
EQLS Sector Exposure 6/2024
EQLS Market Cap Exposure 8/2024
EQLS Style Factor Exposures 8/2024

Portfolio Holdings

Ticker Name Quantity Weight
TRS BNPWGLL1 Simplify Custom Global Long Equity Index 1,227,334 98.68%
TRS BNPWGLS1 Simplify Custom Global Short Equity Index -1,241,114 -97.63%
TRS GSSIGLL1 Simplify Custom Global Long Equity Index 1,190,170 98.91%
TRS GSSIGLS1 Simplify Custom Global Short Equity Index -1,223,681 -97.81%
T Bills UNITED STS TREAS BILLS 0.0 29OCT24 65,500,000 43.97%
T Bills UNITED STS TREAS BILLS 0.0 14JAN25 80,800,000 53.73%
- Estimated Cash 226,596 0.15%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.10000
$0.10000
$0.00000
$1.89105
View Distribution History

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