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SPBC

Simplify US Equity PLUS Bitcoin Strategy ETF

as of 12/13/2024

NAV

$ 40.37

NAV Change

+ $ 0.08 /0.20%

Price

$ 40.56

Price Change

+ $ 0.27 /0.67%
The Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) seeks long term capital appreciation by investing in a combination of US equities with Bitcoin. The fund targets a 100% exposure to US equities while simultaneously providing a 10% exposure to Bitcoin via exchange traded products (ETPs). These ETPs directly hold spot Bitcoin as their underlying asset. 

The fund provides operational simplicity and capital efficiency for investors by rebalancing the Bitcoin allocation on a quarterly basis. It may rebalance more often if necessary to keep the Bitcoin allocation from exceeding 25% of total assets. The ETF wrapper provides compelling efficiencies including transparency, liquidity, tax efficiency*, and no K-1’s.
 

Fund Overview

As of 12/13/2024

Ticker Symbol
SPBC
Gross Expense Ratio
0.76%
CUSIP
82889N848
Total Assets
$44,408,550.69
Shares Outstanding
1,100,001
Distribution Rate as of 09/30/2024 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.
0.88%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 11/30/2024 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 11/30/2024
0.67%
Options Available
No
Inception Date
05/24/2021
Premium/Discount (%) as of 12/13/2024
0.47%
NAV Per Share as of 12/13/2024
$40.37
Market Price as of 12/13/2024
$40.56
30-Day Median Bid-Ask Spread
0.31%
Bid/Ask
$40.34/$40.56
Midpoint Price
$40.45
Volume
5,604
NAV Symbol
SPBC.NV
IOPV Symbol
Shares Out. Symbol
SPBC.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 Fees 0.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.01%
Acquired Fund Fees and Expenses2 0.25%
Total Annual Fund Operating Expenses 0.76%
1. Other Expenses includes interest expenses of 0.01%.

2. 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

As of 11/30/2024 09/30/2024

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 9.91% 12.95% 19.09% 41.08% 50.03% 72.96%
Market Price 10.09% 13.04% 19.14% 42.01% 50.42% 74.37%
Annualized 1 Year 3 Year Since Inception
NAV 50.03% 15.16% 16.84%
Market Price 50.42% 15.10% 17.12%
Cumulative 1 Year Since Inception
NAV 53.33% 57.46%
Market Price 52.89% 58.27%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 53.33% 15.15% 14.50%
Market Price 52.89% 15.01% 14.69%

Historical Premium/Discount

Calendar Year 2023 3rd Quarter of 2024
Days Traded at Premium
76
17
Days Traded at Discount
174
47

Portfolio Holdings

Ticker Name Quantity Weight
BTC GRAYSCALE GRAYSCALE BITCOIN MINI T 136,593 13.87%
GBTC GRAYSCALE BITCOIN TRUST ETF 984 0.18%
IVV ISHARES CORE S+P 500 ETF 60,473 82.68%
ESH5 IND S&P500 EMINI FUT MAR25 20 13.79%
T Bills UNITED STS TREAS BILLS 0.0 14JAN25 850,000 1.91%
- Net Cash -5,523,564 -12.44%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.08000
$0.10000
$0.10000
$0.10000
Recent Distribution Disclosure
View Distribution History Supplemental Tax Information: S19(a) Notices

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