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SDMF

Simplify DBi CTA Managed Futures Index ETF

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As of 04/17/2026

NAV

$ 24.85

NAV Change

- $ 0.44 /1.74%

Price

$ 24.87

Price Change

- $ 0.38 /1.50%

The Simplify DBi CTA Managed Futures Index ETF (SDMF) seeks to closely track the DBi CTA Managed Futures Index which is designed to replicate the performance of the largest managed futures funds prior to the deduction of their estimated average fees and expenses. This is achieved through strategic long and short positions in equity, rates, currencies, and commodities futures. These positions are systematically rebalanced on a weekly basis.

This rules-based index relies on a 10-factor replication strategy developed by DBi, who pioneered the use of sophisticated factor models to replicate the managed futures space.

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Documents

Fund Overview

As of 04/17/2026

Ticker Symbol
SDMF
Expense Ratio
0.35%
CUSIP
82889N210
Total Assets
$9,941,271.78
Shares Outstanding
400,001
Distribution Rate as of 03/31/2026 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 03/31/2026
-
30-Day SEC Yield (Unsubsidized) as of 03/31/2026
2.63%
Options Available
No
Inception Date
02/17/2026
Premium/Discount (%) as of 04/17/2026
0.07%
NAV Per Share as of 04/17/2026
$24.85
Market Price as of 04/17/2026
$24.87
30-Day Median Bid-Ask Spread
0.28%
Bid/Ask
$24.84/$24.90
Midpoint Price
$24.87
Volume
1,789
NAV Symbol
SDMF.NV
IOPV Symbol
SDMF.IV
Shares Out. Symbol
SDMF.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 Fees0.20%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.00%
Acquired Fund Fees and Expenses20.15%
Total Annual Fund Operating Expenses0.35%

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 03/31/2026 03/31/2026

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -3.73% — — — — 0.01%
Market Price -2.92% — — — — 0.12%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — 0.01%
Market Price — 0.12%
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 2025 1st Quarter of 2026
Days Traded at Premium
N/A
15
Days Traded at Discount
N/A
14
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 04/17/2026

Holdings - All ETFs
Ticker Name Quantity Weight
- TREASURY BILL DN 5/26 900,000 9.03%
- TREASURY BILL DN 5/26 350,000 3.51%
- TREASURY BILL DN 6/26 1,000,000 9.99%
- TREASURY BILL DN 6/26 250,000 2.50%
- TREASURY BILL DN 7/26 50,000 0.50%
- TREASURY BILL DN 7/26 2,400,000 23.92%
- TREASURY BILL DN 7/26 600,000 5.98%
- TREASURY BILL DN 8/26 1,550,000 15.43%
- TREASURY BILL DN 8/26 450,000 4.48%
- TREASURY BILL DN 8/26 1,800,000 17.90%
- TREASURY BILL DN 8/26 700,000 6.96%
- DREYFUS TRSY OBLIG CASH M 103,671 1.04%
- RECV DBMFC0.00 BULET04302 3,179 44.54%
- RECV DBMFNC0.10 BULET0430 1,407 43.86%
- RECV RECV TRSDBMFC0.00BUL 1,860 26.06%
- RECV RECV RECV TRSDBMFNC. 775 24.16%
- RECV TRSDBMFNC.10BULET043 651 20.29%
- RECV TRSDBMFC0.00BULET043 1,224 17.15%
- RECV DBMFNC0.10BULLET043 407 12.69%
- RECV DBMFC0.00BULLET0430 881 12.34%
- PAYB DBMFC0.00%BULLET0430 -1,250,681 -12.58%
- PAYB DBMFNC0.10%BULLET043 -1,251,972 -12.59%
- PAYB TRSDBMFC0.00BULET043 -1,740,202 -17.50%
- PAYB TRSDBMFNC.10BULET043 -1,989,120 -20.01%
- PAYB PAYB TRSDBMFNC.10BUL -2,539,751 -25.55%
- PAYB TRSDBMFC0.00%BULET31 -2,540,596 -25.56%
- PAYB DBMFNC0.10%BULET0430 -4,360,519 -43.86%
- PAYB DBMFC0.00%BULET04302 -4,487,156 -45.14%
- Estimated Cash 45,474 0.46%

Holdings are subject to change without notice.

Recent Distributions

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

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