QQD

Simplify Nasdaq 100 PLUS Downside Convexity ETF

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as of 09/22/2021

NAV

$ 30.22

NAV Change

+ $ 0.24 /0.80%

Price

$ 30.13

Price Change

+ $ 0.36 /1.21%

The Simplify Nasdaq 100 PLUS Downside Convexity ETF seeks to track the US growth equity market while boosting performance during extreme market moves down via a systematic options overlay. The options component of the fund is designed to create a convex equity payoff on the downside, with the hopes of increasingly protecting capital as market drawdowns deepen.

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Fund Overview

As of 09/22/2021

Ticker Symbol
QQD
Gross Expense Ratio
0.70%
Net Expense Ratio
0.45%
CUSIP
82889N509
Total Assets
$7,553,944.31
Shares Outstanding
250,001
Distribution Yield as of 09/22/2021
0.00%
SEC 30-Day Yield as of 08/31/2021
Unsubsidized 30-Day SEC Yield as of 08/31/2021
Options Available
No
Inception Date
12/10/2020
Premium/Discount (%) as of 09/22/2021
-0.28%
NAV
$30.22
NAV Per Share as of 09/22/2021
$30.22
Market Price as of 09/22/2021
$30.13
30-Day Median Bid-Ask Spread
0.39%
Bid/Ask
$29.99/$30.46
Midpoint Price
$30.23
Volume
1,426
NAV Symbol
QQD.NV
IOPV Symbol
QQD.IV
Shares Out. Symbol
QQD.SO
 
The Fund’s adviser has contractually agreed to reduce its management fees, until at least November 30, 2021, to 0.45% of the Fund’s average daily net assets.

Fund Performance

As of 08/31/2021 06/30/2021

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 3.92% 13.27% 18.03% 22.06%
Market Price 4.10% 13.35% 17.65% 22.49%
Nasdaq 100 Total Return 4.25% 14.05% 21.15% 26.29%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 14.11%
Market Price 10.74%
Nasdaq 100 Total Return 17.82%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2020 2nd Quarter of 2021
Days Traded at Premium
2
28
Days Traded at Discount
12
35
Ticker Name Quantity Weight
QQQ Invesco QQQ Trust Series 1 20175 98.70%
QQQ US 09/29/21 P358 QQQ Sep 2021 358 Put 21 0.03%
NDX US 12/17/21 P4000 NASDAQ 100 Dec 2021 4000 Put 14 0.00%
NDX US 03/18/22 P7000 NASDAQ 100 Mar 2022 7000 Put 2 0.05%
QQQ US 06/17/22 P100 QQQ Jun 2022 100 Put 590 0.20%
NDX US 09/16/22 P7000 NASDAQ 100 Sep 2022 7000 Put 5 0.43%
QQQ US 12/16/22 P170 QQQ Dec 2022 170 Put 175 0.54%
QQQ US 12/16/22 P130 QQQ Dec 2022 130 Put -38 -0.05%
- Estimated Cash 7415 0.10%