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FOXY

Simplify Currency Strategy ETF

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As of 09/19/2025

NAV

$ 27.70

NAV Change

+ $ 0.05 /0.18%

Price

$ 27.69

Price Change

- $ 0.11 /0.40%

The Simplify Currency Strategy ETF (FOXY) seeks capital gains by taking long and short positions in foreign currencies. Returns are expected to be generated through the combination of a “carry” strategy applied to emerging market currencies combined with a mean-reversion strategy applied to G10 currencies.

The goal is to generate an independent source of returns with low correlations to stocks and bonds, thus making the fund an effective portfolio diversifier.

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Documents

FOXY Fund Deep Dive

FOXY Fund Deep Dive Live

Fund Overview

As of 09/19/2025

Ticker Symbol
FOXY
Gross Expense Ratio
0.75%
CUSIP
82889N368
Total Assets
$20,079,497.55
Shares Outstanding
725,001
Distribution Rate as of 06/30/2025 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.
5.39%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 08/31/2025 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 08/31/2025
3.48%
Options Available
No
Inception Date
02/03/2025
Premium/Discount (%) as of 09/19/2025
-0.02%
NAV Per Share as of 09/19/2025
$27.70
Market Price as of 09/19/2025
$27.69
30-Day Median Bid-Ask Spread
0.22%
Bid/Ask
$27.72/$27.85
Midpoint Price
$27.79
Volume
16,218
NAV Symbol
FOXY.NV
IOPV Symbol
FOXY.IV
Shares Out. Symbol
FOXY.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 33% 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 Fees0.75%
Distribution and Service (12b-1) Fees0.00%
Total Annual Fund Operating Expenses0.75%

Fund Performance (Total Return)

As of 08/31/2025 06/30/2025

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 4.17% 6.43% 8.82% — — 10.04%
Market Price 3.82% 5.91% 8.07% — — 9.76%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — 6.16%
Market Price — 6.37%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
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. 

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.

Growth of $10,000

The Growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance. 

Historical Premium/Discount

Calendar Year 2024 2nd Quarter of 2025
Days Traded at Premium
N/A
41
Days Traded at Discount
N/A
21
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 09/19/2025

Holdings - All ETFs
Ticker Name Quantity Weight
SBIL SIMPLIFY GOVT MNY MRKT ETF 47,000 23.48%
- TREASURY BILL 0 9/30/2025 800,000 3.98%
- TREASURY BILL 0 10/28/2025 12,800,000 63.49%
- TREASURY BILL 0 12/11/2025 1,600,000 7.90%
- U.S. DOLLAR -15,135,262,787 2.00%
- CURRENCY CONTRACT - BRL 45,461,434 1.02%
- MEXICAN NEUVO PESO 154,233,041 0.56%
- SOUTH AFRICAN RAND 121,115,013 0.31%
- COLOMBIAN PESO 11,707,694,553 0.29%
- DREYFUS TRSY OBLIG CASH MGMT CL INS 44,748 0.22%
- MEXICAN PESO 254,355 0.07%
- SWISS FRANC -1,905,034 0.05%
- CURRENCY CONTRACT - CNH 1,033,460 0.00%
- EURO -1,829,680 0.00%
- CHINESE RENMINBI -1,759 0.00%
- SINGAPORE DOLLAR 121,318 0.00%
- CHINESE YUAN -10,395 -0.01%
- BRAZILIAN REAL -21,833 -0.02%
- SOUTH KOREAN WON 676,894,362 -0.08%
- NORWEGIAN KRONE 30,681,964 -0.12%
- TAIWAN DOLLAR 16,676,317 -0.32%
- GREAT BRITISH POUND -4,655,023 -0.45%
- AUSTRALIAN DOLLAR 8,924,871 -0.95%
- SWEDISH KRONA 164,698,397 -1.70%
- Estimated Cash 61,725 0.31%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.35000
$0.20000
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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