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LITL

Simplify Piper Sandler US Small-Cap PLUS Income ETF

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as of 04/29/2025

NAV

$ 25.11

NAV Change

+ $ 0.11 /0.44%

Price

$ 25.12

Price Change

+ $ 25.12 /0.00%

The Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) seeks to provide capital appreciation and income through an actively managed opportunistic strategy combined with a risk-managed income generating option strategy.  

The fund’s subadvisor Piper Sandler utilizes a macro-driven model to select stocks according to style factors that have historically been favorable in the current economic environment.  

A risk-managed options selling strategy is then overlayed on top to provide additional income and total return potential.

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Documents

Fund Overview

As of 04/29/2025

Ticker Symbol
LITL
Gross Expense Ratio
0.91%
CUSIP
82889N327
Total Assets
$2,511,009.21
Shares Outstanding
100,001
Distribution Rate as of 04/29/2025 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.
-
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 04/29/2025 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 04/29/2025
-
Options Available
No
Inception Date
04/28/2025
Premium/Discount (%) as of 04/29/2025
0.04%
NAV Per Share as of 04/29/2025
$25.11
Market Price as of 04/29/2025
$25.12
30-Day Median Bid-Ask Spread
N/A
Bid/Ask
$25.09/$25.17
Midpoint Price
$25.13
Volume
1,578
NAV Symbol
LITL.NV
IOPV Symbol
LITL.IV
Shares Out. Symbol
LITL.SO
Schedule K-1
No

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 Fees0.90%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.00%
Acquired Fund Fees and Expenses20.01%
Total Annual Fund Operating Expenses0.91%

1. Other Expenses are estimated for the Fund’s initial fiscal year.   
2. Acquired Fund Fees and Expenses, which are estimated for the Fund’s initial fiscal year, 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.

Fund Performance (Total Return)

As of 03/31/2025 03/31/2025

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV — — — — — —
Market Price — — — — — —
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — —
Market Price — —
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.

Historical Premium/Discount

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 04/29/2025

Holdings - All ETFs
Ticker Name Quantity Weight
ABG ASBURY AUTOMOTIVE GROUP IN USD 0.01 52 0.45%
ACEL ACCEL ENTMT INC USD 0.0001 1,057 0.47%
ACIW ACI WORLDWIDE INC USD 0.005 224 0.48%
ACMR ACM RESH INC USD 0.0001 552 0.41%
ACT ENACT HLDGS INC USD 0.01 336 0.48%
ADEA ADEIA INC NPV 944 0.47%
ADMA ADMA BIOLOGICS INC USD 0.0001 536 0.51%
ADNT ADIENT PLC USD 0.001 932 0.48%
ADUS ADDUS HOMECARE CORP USD 0.001 117 0.48%
AGM FEDERAL AGRIC MTG CORP USD 1.0 67 0.47%
AGX ARGAN INC USD 0.15 77 0.47%
AHCO ADAPTHEALTH CORP USD 0.0001 1,393 0.46%
AIT APPLIED IN COM NPV 49 0.47%
ALHC ALIGNMENT HEALTHCARE INC USD 0.001 669 0.46%
ALKS ALKERMES PLC USD 0.01 421 0.48%
AMRK A-MARK PRECIOUS METALS INC USD 0.01 470 0.45%
AMRX AMNEAL PHARMACEUTICALS INC USD 0.01 1,567 0.48%
ANF ABERCROMBIE + FITCH CO USD 0.01 164 0.45%
ANIP ANI PHARMACEUTICALS INC USD 0.0001 168 0.47%
ARDT ARDENT HEALTH PARTNERS INC USD 0.01 936 0.47%
ARLO ARLO TECHNOLOGIES INC USD 0.001 1,181 0.47%
AROC ARCHROCK INC USD 0.01 480 0.46%
ATEN A10 NETWORKS INC USD 0.00001 710 0.47%
ATKR ATKORE INTL GROUP INC USD 0.01 183 0.46%
ATLC ATLANTICUS HLDGS CORP NPV 212 0.46%
AVAH AVEANNA HEALTHCARE HLDGS I USD 0.01 2,564 0.47%
AX AXOS FINL INC USD 0.01 187 0.48%
BANF BANCFIRST CORP USD 1.0 99 0.47%
BANR BANNER CORP USD 0.01 190 0.47%
BECN BEACON ROOFING SUPPLY INC USD 0.01 94 0.46%
BFH BREAD FINL HLDGS INC USD 0.01 240 0.46%
BGC BGC GROUP INC USD 0.01 1,298 0.47%
BKD BROOKDALE SR LIVING INC USD 0.01 1,860 0.48%
BLBD BLUE BIRD CORP USD 0.0001 327 0.46%
BMI BADGER METER INC USD 1.0 54 0.47%
BVS BIOVENTUS INC USD 0.001 1,532 0.46%
CALM CAL MAINE FOODS INC USD 0.01 124 0.48%
CARG CARGURUS INC USD 0.001 411 0.47%
CBL CBL + ASSO COM USD0.01 491 0.46%
CBT CABOT CORP USD 1.0 148 0.46%
CDP CORP OFFICE PROPS USD0.01 445 0.45%
CENT CENTRAL GARDEN + PET CO USD 0.01 341 0.47%
CHX CHAMPIONX CORP USD 0.01 469 0.46%
CMC COMMERCIAL METALS CO USD 0.01 265 0.47%
CMPR CIMPRESS PLC EUR 0.01 276 0.47%
CNK CINEMARK HLDGS INC USD 0.001 397 0.47%
CNO CNO FINL GROUP INC USD 0.01 296 0.45%
COLL COLLEGIUM PHARMACEUTICAL USD 0.001 437 0.48%
COMM COMMSCOPE HLDG CO INC USD 0.01 2,997 0.46%
COMP COMPASS INC USD 0.00001 1,590 0.48%
CPRX CATALYST PHARMACEUTICALS USD 0.001 500 0.48%
CRS CARPENTER TECHNOLOGY CORP USD 5.0 59 0.46%
CRVL CORVEL CORP USD 0.0001 106 0.46%
CVLT COMMVAULT SYS INC USD 0.01 71 0.48%
CWH CAMPING WORLD HLDGS INC USD 0.01 847 0.47%
DAVE DAVE INC USD 0.0001 126 0.48%
DEI DOUGLAS EMMETT INC COM STK USD0.01 823 0.45%
DNOW DNOW INC 0.01 727 0.47%
DOCN DIGITALOCEAN HLDGS INC USD 0.000025 381 0.48%
DVAX DYNAVAX TECHNOLOGIES CORP USD 0.001 1,083 0.50%
EAT BRINKER INTL INC USD 0.1 73 0.40%
EE EXCELERATE ENERGY INC USD 0.001 442 0.47%
EHAB ENHABIT INC USD 0.01 1,506 0.48%
ENR ENERGIZER HLDGS INC NEW USD 0.01 435 0.47%
ENSG ENSIGN GRO COM USD0.001 93 0.47%
ENVA ENOVA INTL INC USD 0.00001 120 0.48%
ESRT EMPIRE ST COM USD0.01 CL A 1,641 0.45%
EVER EVERQUOTE INC USD 0.001 501 0.47%
EVTC EVERTEC INC USD 0.01 355 0.48%
EXPI EXP RLTY INTL CORP USD 0.00001 1,312 0.47%
FCFS FIRSTCASH HLDGS INC USD 0.01 89 0.47%
FFIN FIRST FINL BANKSHARES INC USD 0.01 351 0.47%
FG F+G ANNUITIES + LIFE INC USD 0.001 335 0.48%
GBTG GLOBAL BUSINESS TRAVEL USD 0.00005 1,731 0.46%
GCI GANNETT CO INC NEW USD 0.01 3,367 0.46%
GFF GRIFFON CORP USD 0.25 174 0.47%
GKOS GLAUKOS CORP USD 0.001 121 0.45%
GPOR GULFPORT ENERGY CORP USD 0.0001 67 0.47%
GSAT GLOBALSTAR INC USD 0.0001 598 0.47%
GVA GRANITE CONSTR INC USD 0.01 147 0.47%
HALO HALOZYME THERAPEUTICS INC USD 0.001 194 0.47%
HBI HANESBRANDS INC USD 2,426 0.46%
HCI HCI GROUP INC NPV 83 0.48%
HG HAMILTON INSURANCE GROUP L USD 0.01 645 0.48%
HIMS HIMS + HERS HEALTH INC USD 0.0001 417 0.58%
HMN HORACE MANN EDUCATORS COR USD 0.001 288 0.49%
HPK HIGHPEAK ENERGY INC USD 0.0001 1,227 0.42%
HRI HERC HLDGS INC USD 0.01 108 0.46%
HRMY HARMONY BIOSCIENCES HLD USD 0.00001 396 0.46%
HSTM HEALTHSTREAM INC NPV 352 0.48%
HURN HURON CONSULTING GROUP INC USD 0.01 87 0.47%
HWC HANCOCK WHITNEY CORP USD 3.33 225 0.47%
HWKN HAWKINS INC USD 0.01 94 0.46%
IBOC INTERNATIONAL BANCSHARES CO USD 1.0 192 0.47%
IDCC INTERDIGITAL INC PA USD 0.01 60 0.48%
IESC IES HLDGS INC USD 0.01 58 0.46%
IGT INTERNATIONAL GAME TECHNOLO USD 0.1 716 0.47%
INMD INMODE LTD ILS 0.01 722 0.41%
INVA INNOVIVA INC USD 0.01 642 0.47%
ITGR INTEGER HLDGS CORP USD 0.001 95 0.48%
ITRI ITRON INC COM NPV 106 0.47%
JBI JANUS INTL GROUP INC USD 0.0001 1,708 0.48%
JILL J JILL INC USD 0.01 757 0.46%
KN KNOWLES CORP USD 0.01 728 0.46%
KNF KNIFE RIV CORP USD 0.01 127 0.47%
KTB KONTOOR BRANDS INC NPV 191 0.46%
LAUR LAUREATE ED INC USD 0.001 594 0.48%
LBRT LIBERTY ENERGY INC USD 0.01 963 0.47%
LFST LIFESTANCE HEALTH GROUP IN USD 0.01 1,795 0.47%
LGND LIGAND PHARMACEUTICALS IN USD 0.001 108 0.48%
LILAK LIBERTY LATIN AMERICA LTD USD 0.01 2,100 0.46%
LMAT LEMAITRE VASCULAR INC USD 0.01 128 0.47%
LNTH LANTHEUS HLDGS INC USD 0.01 115 0.48%
LRN STRIDE INC USD 0.0001 83 0.47%
LUMN LUMEN TECHNOLOGIES INC LA USD 1.0 3,498 0.50%
LZ LEGALZOOM COM INC USD 0.001 1,648 0.49%
MATX MATSON INC NPV 114 0.49%
MCB METROPOLITAN BK HLDG CORP USD 0.01 193 0.48%
MCY MERCURY GEN CORP NEW NPV 217 0.49%
MD PEDIATRIX MEDICAL GROUP IN USD 0.01 957 0.48%
MGNI MAGNITE INC USD 0.00001 947 0.46%
MGY MAGNOLIA OIL + GAS CORP USD 0.0001 552 0.47%
MLI MUELLER INDS INC USD 0.01 161 0.47%
MRC MRC GLOBAL INC USD 0.01 994 0.46%
MUR MURPHY OIL CORP USD 1.0 556 0.47%
NATL NCR ATLEOS CORP USD 0.01 440 0.50%
NGVT INGEVITY CORP USD 0.01 356 0.47%
NHC NATIONAL HEALTHCARE CORP USD 0.01 124 0.48%
NMIH NMI HLDGS INC USD 0.01 351 0.47%
NNI NELNET INC COM USD0.01 CL A 111 0.47%
NSIT INSIGHT ENTERPRISES INC USD 0.01 85 0.47%
NSP INSPERITY INC USD 0.01 148 0.40%
NTB BANK OF NT BUTTERFIELD + S BMD 0.01 298 0.48%
NVCR NOVOCURE LTD NPV 633 0.46%
NXT NEXTRACKER INC USD 0.0001 268 0.46%
OFG OFG BANCORP USD 1.0 308 0.49%
OPCH OPTION CARE HEALTH INC USD 0.0001 356 0.44%
OSCR OSCAR HEALTH INC USD 0.00001 958 0.50%
PACS PACS GROUP INC USD 0.001 1,221 0.47%
PBH PRESTIGE CONSUMER HEALTHCARE INC. 146 0.48%
PBI PITNEY BOWES INC USD 1.0 1,384 0.47%
PD PAGERDUTY INC USD 0.000005 744 0.47%
PECO PHILLIPS E COM USD0.01 334 0.46%
PGNY PROGYNY INC USD 0.0001 515 0.47%
PHIN PHINIA INC USD 0.01 287 0.47%
PHR PHREESIA INC USD 0.01 473 0.47%
PI IMPINJ INC USD 0.001 128 0.46%
PJT PJT PARTNERS INC USD 0.01 87 0.49%
PLMR PALOMAR HLDGS INC USD 0.0001 79 0.47%
PLXS PLEXUS COR COM USD0.01 92 0.46%
PRGS PROGRESS S COM USD0.01 198 0.47%
PRIM PRIMORIS SVCS CORP USD 0.0001 194 0.47%
PRKS UNITED PARKS + RESORTS INC USD 0.01 266 0.46%
PRM PERIMETER SOLUTIONS INC NPV 1,149 0.47%
PTGX PROTAGONIST THERAPEUTIC USD 0.00001 263 0.48%
PTON PELOTON INTERACTIVE IN USD 0.000025 1,863 0.51%
QLYS QUALYS INC USD 0.001 92 0.47%
QTWO Q2 HLDGS INC USD 0.0001 148 0.47%
REAX REAL BROKERAGE INC NPV 2,553 0.46%
RLJ RLJ LODGIN COM USD0.01 1,669 0.47%
ROAD CONSTRUCTION PARTNERS INC USD 0.001 147 0.48%
ROOT ROOT INC USD 0.0001 79 0.48%
SEM SELECT MED HLDGS CORP USD 0.001 675 0.49%
SENEA SENECA FOODS CORP NEW USD 0.25 135 0.46%
SFM SPROUTS FMRS MKT INC USD 0.001 70 0.48%
SFNC SIMMONS 1ST NATL CORP USD 0.01 634 0.47%
SGHC SUPER GROUP SGHC LTD NPV 1,469 0.48%
SGRY SURGERY PARTNERS INC USD 0.01 546 0.49%
SIGI SELECTIVE INS GROUP INC USD 2.0 134 0.47%
SKT TANGER FAC COM USD 0.01 365 0.46%
SKWD SKYWARD SPECIALTY INS GROU USD 0.01 225 0.48%
SKYW SKYWEST INC NPV 133 0.47%
SR SPIRE INC USD 1.0 152 0.47%
STNG SCORPIO TANKERS INC USD 0.01 314 0.47%
STRL STERLING INFRASTRUCTURE IN USD 0.01 77 0.46%
SUPN SUPERNUS PHARMACEUTICALS USD 0.001 364 0.47%
SWX SOUTHWEST GAS HOLDINGS INC USD 1.0 162 0.47%
TENB TENABLE HLDGS INC USD 0.01 355 0.48%
TIPT TIPTREE INC USD 0.001 528 0.47%
TK TEEKAY CORP LTD USD 0.001 1,655 0.47%
TMDX TRANSMEDICS GROUP INC NPV 125 0.46%
UPST UPSTART HLDGS INC USD 0.0001 241 0.47%
URBN URBAN OUTFITTERS INC USD 0.0001 228 0.48%
USLM UNITED STS LIME + MINERALS USD 0.1 127 0.47%
UTI UNIVERSAL TECHNICAL INST USD 0.0001 419 0.47%
VRRM VERRA MOBILITY CORP USD 0.0001 535 0.48%
VVX V2X INC USD 0.01 235 0.47%
WAFD WASHINGTON FED INC USD 1.0 415 0.47%
WAY WAYSTAR HLDG CORP USD 0.01 317 0.47%
WLDN WILLDAN GROUP INC USD 0.01 305 0.48%
WTS WATTS WATE CLASS A COM USD0.10 57 0.47%
YOU CLEAR SECURE INC USD 0.00001 463 0.47%
- Estimated Cash 243,220 9.69%

Holdings are subject to change without notice.

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