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SDMF

Simplify DBi CTA Managed Futures Index ETF

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As of 06/09/2026

NAV

$ 25.57

NAV Change

- $ 0.07 /0.27%

Price

$ 25.55

Price Change

- $ 0.11 /0.43%

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

SDMF Fund Deep Dive

SDMF in Focus

Fund Overview

As of 06/09/2026

Ticker Symbol
SDMF
Expense Ratio
0.35%
CUSIP
82889N210
Total Assets
$30,040,100.46
Shares Outstanding
1,175,001
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 05/31/2026
-
30-Day SEC Yield (Unsubsidized) as of 05/31/2026
2.57%
Options Available
No
Inception Date
02/17/2026
Premium/Discount (%) as of 06/09/2026
-0.06%
NAV Per Share as of 06/09/2026
$25.57
Market Price as of 06/09/2026
$25.55
30-Day Median Bid-Ask Spread
0.23%
Bid/Ask
$25.54/$25.62
Midpoint Price
$25.58
Volume
12,093
NAV Symbol
SDMF.NV
IOPV Symbol
SDMF.IV
Shares Out. Symbol
SDMF.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. The distribution may include a combination of ordinary dividends, capital gains, and return of investor capital and has the potential to change during any given tax year. Please refer to the 19a-1 Notice, which can be found on the Fund’s website, for information regarding the composition of distributions, including return of capital. The final determination of a distribution’s tax character will be made on Form 1099-DIV.

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 05/31/2026 03/31/2026

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year 3 Year 5 Year Since Inception
NAV 1.46% -0.88% — — — — — 2.98%
Market Price 1.28% -0.08% — — — — — 3.05%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
Cumulative 1 Year 3 Year 5 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 06/09/2026

Holdings - All ETFs
Ticker Name Quantity Weight
- TREASURY BILL DN 6/26 1,000,000 3.32%
- TREASURY BILL DN 6/26 250,000 0.83%
- TREASURY BILL DN 7/26 50,000 0.17%
- TREASURY BILL DN 7/26 2,400,000 7.96%
- TREASURY BILL DN 7/26 600,000 1.99%
- TREASURY BILL DN 8/26 1,550,000 5.13%
- TREASURY BILL DN 8/26 450,000 1.49%
- TREASURY BILL DN 8/26 1,800,000 5.95%
- TREASURY BILL DN 8/26 700,000 2.32%
- TREASURY BILL DN 8/26 3,300,000 10.91%
- TREASURY BILL DN 8/26 1,600,000 5.29%
- TREASURY BILL DN 9/26 5,800,000 19.15%
- TREASURY BILL DN 9/26 2,200,000 7.26%
- TREASURY BILL DN 10/26 6,700,000 22.02%
- TREASURY BILL DN 10/26 1,500,000 4.93%
- DREYFUS TRSY OBLIG CASH M 133,142 0.44%
- RECV RECV DBMFNC0.10BULET 1,851 19.16%
- RECV RECV DBMFC0.00BULET0 4,033 19.07%
- RECV DBMFC0.00 070127BULL 3,079 14.56%
- RECV DBMFNC0.10 070127BUL 1,098 11.37%
- RECV DBMFNC0.10 BULLET060 1,070 11.08%
- RECV DBMFC0.00 BULLET0601 2,145 10.14%
- RECV RECV TRSDBMFC0.00BUL 1,860 8.80%
- RECV DBMFNC0.10 BULLET051 843 8.73%
- RECV DBMFC0.00BULLET0514 1,845 8.72%
- RECV DBMFC0.00 BULLET0514 1,765 8.35%
- RECV DBMFNC0.10BULLET051 786 8.14%
- RECV RECV RECV TRSDBMFNC. 775 8.02%
- RECV DBMFC0.00 BULLET0604 1,666 7.88%
- RECV TRSDBMFNC.10BULET043 651 6.74%
- RECV DBMFNC0.10 BULET0430 621 6.43%
- RECV DBMFC0.00 BULET04302 1,334 6.31%
- RECV DBMFNC0.10 BULLET060 588 6.09%
- RECV TRSDBMFC0.00BULET043 1,224 5.79%
- RECV DBMFNC0.10 060427BUL 513 5.31%
- RECV DBMFNC0.10 BULLET051 458 4.74%
- RECV DBMFNC0.10BULLET043 407 4.21%
- RECV DBMFC0.00BULLET0430 881 4.17%
- RECV DBMFC0.00 BULLET0514 855 4.04%
- RECV DBMFC0.00 060427BULL 816 3.86%
- PAYB DBMFC0.00%060427BULL -1,181,612 -3.93%
- PAYB DBMFC0.00%BULLET0514 -1,230,869 -4.10%
- PAYB DBMFC0.00%BULLET0430 -1,250,681 -4.16%
- PAYB DBMFNC0.10%BULLET043 -1,251,972 -4.17%
- PAYB DBMFNC0.10%BULLET051 -1,399,540 -4.66%
- PAYB DBMFNC0.10%060427BUL -1,594,724 -5.31%
- PAYB TRSDBMFC0.00BULET043 -1,740,202 -5.79%
- PAYB DBMFNC0.10%BULLET060 -1,841,524 -6.13%
- PAYB DBMFC0.00%BULET04302 -1,877,466 -6.25%
- PAYB DBMFNC0.10%BULET0430 -1,919,028 -6.39%
- PAYB TRSDBMFNC.10BULET043 -1,989,120 -6.62%
- PAYB DBMFC0.00%BULLET0604 -2,383,739 -7.94%
- PAYB DBMFNC0.10%BULLET051 -2,441,491 -8.13%
- PAYB DBMFC0.00%BULLET0514 -2,510,765 -8.36%
- PAYB PAYB TRSDBMFNC.10BUL -2,539,751 -8.45%
- PAYB TRSDBMFC0.00%BULET31 -2,540,596 -8.46%
- PAYB DBMFNC0.10%BULLET051 -2,599,009 -8.65%
- PAYB DBMFC0.00%BULLET0514 -2,609,689 -8.69%
- PAYB DBMFC0.00%BULLET0601 -3,077,257 -10.24%
- PAYB DBMFNC0.10%BULLET060 -3,282,334 -10.93%
- PAYB DBMFNC0.10%070127BUL -3,471,116 -11.56%
- PAYB DBMFC0.00%070127BULL -4,379,409 -14.58%
- PAYB PAYB DBMFNC0.10BULET -5,677,433 -18.90%
- PAYB PAYB DBMFC0.00BULET0 -5,823,595 -19.39%
- Estimated Cash 277,822 0.92%

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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