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PINK

Simplify Health Care ETF

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As of 01/13/2026

NAV

$ 37.17

NAV Change

- $ 0.35 /0.93%

Price

$ 37.21

Price Change

- $ 0.34 /0.91%

The Simplify Health Care ETF (PINK) seeks long term capital appreciation by providing investors with multi-cap exposure to groundbreaking and innovative companies in biotech, medtech, gene therapy, and other fast growing health care related sectors.

Michael Taylor serves as lead portfolio manager of the ETF and brings over two decades of experience managing long/short health care equity portfolios at leading hedge funds. PINK is the first 100% pro bono ETF focused on the health care sector and net profits will be donated for the benefit of the Susan G. Komen foundation on an annual basis.

PINK: Shares for the Cure Find out more.

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Donations

$350,000

as of 09/01/25

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Documents

Investing with Heart: The Healthcare Stock Fund with an Ulterior Motive

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Fund Overview

As of 01/13/2026

Ticker Symbol
PINK
Expense Ratio
0.51%
CUSIP
82889N772
Total Assets
$344,780,949.16
Shares Outstanding
9,275,001
Distribution Rate as of 12/31/2025 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.
1.09%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 12/31/2025
-
30-Day SEC Yield (Unsubsidized) as of 12/31/2025
0.40%
Options Available
Yes
Inception Date
10/07/2021
Premium/Discount (%) as of 01/13/2026
0.10%
NAV Per Share as of 01/13/2026
$37.17
Market Price as of 01/13/2026
$37.21
30-Day Median Bid-Ask Spread
0.10%
Bid/Ask
$37.16/$37.21
Midpoint Price
$37.19
Volume
212,605
NAV Symbol
PINK.NV
IOPV Symbol
PINK.IV
Shares Out. Symbol
PINK.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 60% 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 Fees0.50%
Distribution and Service (12b-1) Fees0.00%
Other Expenses0.00%
Acquired Fund Fees and Expenses10.01%
Total Annual Fund Operating Expenses0.51%

1. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do 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 12/31/2025 12/31/2025

Monthly Quarterly Annually
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -3.07% 15.59% 22.30% 24.07% 24.07% 49.96%
Market Price -3.04% 15.73% 22.49% 24.35% 24.35% 50.65%
Annualized 1 Year 3 Year Since Inception
NAV 24.07% 11.91% 10.05%
Market Price 24.35% 12.00% 10.17%
Cumulative 1 Year Since Inception
NAV 24.07% 49.96%
Market Price 24.35% 50.65%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 24.07% 11.91% — 10.05%
Market Price 24.35% 12.00% — 10.17%
Calendar Year NAV Market Price
2025 24.07% 24.35%
2024 8.87% 8.81%
2023 3.75% 3.84%
2022 -4.27% -4.44%
2021 — —
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 2025 4th Quarter of 2025
Days Traded at Premium
124
51
Days Traded at Discount
126
13
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 01/13/2026

Holdings - All ETFs
Ticker Name Quantity Weight
ABBV ABBVIE INC USD 0.01 23,219 1.49%
ABT ABBOTT LABS NPV 20,826 0.75%
ABVX ABIVAX SA EUR 0.01 ADR 16,557 0.57%
AGL AGILON HEALTH INC USD 0.01 213,635 0.06%
ALGN ALIGN TECHNOLOGY INC USD 0.0001 104,656 5.17%
ALHC ALIGNMENT HEALTHCARE INC USD 0.001 256,661 1.56%
AMGN AMGEN INC USD 0.0001 51,117 4.81%
APLS APELLIS PHARMACEUTICALS USD 0.0001 525,273 3.25%
AZN ASTRAZENECA PLC NPV ADR 69,306 1.90%
BHVN BIOHAVEN LTD NPV 935,513 2.98%
BMY BRISTOL MYERS SQUIBB CO USD 0.1 1,115 0.02%
BNTC BENITEC BIOPHARMA INC NPV 147,590 0.53%
BSX BOSTON SCI COM USD0.01 15,191 0.41%
CHWY CHEWY INC USD 0.01 13,689 0.13%
COO COOPER COS INC USD 0.1 13,327 0.32%
CVS CVS HEALTH CORPORATION USD 0.01 70,478 1.65%
DHR DANAHER CORP USD 0.01 43,372 2.96%
EMBC EMBECTA CORP USD 0.01 2,970 0.01%
ESTA ESTABLISHMENT LABS HOLDINGS USD 1.0 71,175 1.34%
EW EDWARDS LI COM USD1 18,888 0.46%
EYPT EYEPOINT INC 366,381 1.69%
FLR FLUOR CORP NEW USD 0.01 6,244 0.08%
FULC FULCRUM THERAPEUTICS INC USD 0.001 155,894 0.46%
GEHC GE HEALTHCARE TECHNOLOGIES USD 0.01 52,750 1.30%
GH GUARDANT HEALTH INC USD 0.00001 27,946 0.87%
GILD GILEAD SCIENCES INC USD 0.001 36,597 1.29%
HQY HEALTHEQUITY INC USD 0.0001 26,690 0.65%
ICLR ICON PLC EUR 0.06 1,519 0.08%
INSM INSMED INC USD 0.01 13,652 0.65%
IQV IQVIA HLDGS INC USD 0.01 17,013 1.19%
ISRG INTUITIVE SURGICAL INC USD 0.001 14,398 2.35%
JAZZ JAZZ PHARMACEUTICALS PLC USD 0.0001 69,495 3.27%
JNJ JOHNSON + JOHNSON USD 1.0 21,447 1.33%
LLY LILLY ELI + CO NPV 27,322 8.54%
LPTX CYPHERPUNK TECHNOLOGIES INC. COMMON 1,827,979 0.55%
MMM 3M CO USD 0.01 3,337 0.16%
NBIX NEUROCRINE BIOSCIENCES IN USD 0.001 3,332 0.13%
NVO NOVO-NORDISK A S DKK 10.0 ADR 415,392 7.19%
OSCR OSCAR HEALTH INC USD 0.00001 200,280 1.01%
PCRX PACIRA BIOSCIENCES INC USD 0.001 84,218 0.53%
PCT PURECYCLE TECHNOLOGIES I USD 0.0001 1,887,772 5.69%
PEN PENUMBRA INC USD 0.001 15,205 1.33%
PRAX PRAXIS PRECISION MEDICIN USD 0.0001 377 0.03%
REGN REGENERON PHARMACEUTICALS USD 0.001 21,582 4.75%
SNDX SYNDAX PHARMACEUTICALS I USD 0.0001 53,428 0.32%
SRPT SAREPTA THERAPEUTICS INC USD 0.0001 7,763 0.05%
SYK STRYKER CORP USD 0.1 2,280 0.24%
TFX TELEFLEX INC USD 1.0 1,454 0.04%
TGTX TG THERAPEUTICS INC USD 0.001 21,559 0.17%
TMO THERMO FISHER SCIENTIFIC IN USD 1.0 4,511 0.79%
TXG 10X GENOMICS INC USD 0.00001 474,475 2.82%
UNH UNITEDHEALTH GROUP INC USD 0.01 96,080 9.31%
UTHR UNITED THERAPEUTICS CORP D USD 0.01 23,281 3.22%
VLTO VERALTO CORP USD 0.01 778 0.02%
VRTX VERTEX PHARMACEUTICALS INC USD 0.01 17,078 2.25%
WRBY WARBY PARKER INC USD 0.0001 390,866 3.30%
ZBH ZIMMER BIOMET HLDGS INC USD 0.01 4,401 0.11%
- Estimated Cash 6,461,289 1.87%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
$0.10000
$0.05000
$0.05000
$0.05000
$0.01353
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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