SPBC

Simplify US Equity PLUS GBTC ETF

as of 11/26/2021

NAV

$ 28.29

NAV Change

- $ 0.80 /2.75%

Price

$ 28.50

Price Change

- $ 0.65 /2.23%
The Simplify US Equity PLUS GBTC ETF seeks to provide an efficient way for asset allocators to add Bitcoin exposure to portfolios. T­he fund targets a 100% investment in the US equities while simultaneously providing a 10% exposure to Bitcoin via the Grayscale Bitcoin Trust (GBTC).

The fund provides operational simplicity for investors by actively managing rebalancing of the Bitcoin allocation as well as premium/discount dynamics of GBTC.  The ETF wrapper provides compelling efficiencies including transparency, liquidity, tax efficiency*, and no K-1’s.

Fund Overview

As of 11/26/2021

Ticker Symbol
SPBC
Gross Expense Ratio
0.74%
Net Expense Ratio
CUSIP
82889N848
Total Assets
$121,627,300.44
Shares Outstanding
4,300,001
SEC 30-Day Yield as of 10/31/2021
0.56%
Unsubsidized 30-Day SEC Yield as of 10/31/2021
0.56%
Options Available
No
Inception Date
05/24/2021
Premium/Discount (%) as of 11/26/2021
0.76%
NAV
$28.29
NAV Per Share as of 11/26/2021
$28.29
Market Price as of 11/26/2021
$28.50
30-Day Median Bid-Ask Spread
0.31%
Bid/Ask
$28.50/$28.62
Midpoint Price
$28.56
Volume
7,225
NAV Symbol
SPBC.NV
IOPV Symbol
Shares Out. Symbol
SPBC.SO

Fund Performance

As of 10/31/2021 09/30/2021

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 11.68% 9.29% 15.17%
Market Price 11.46% 9.02% 15.96%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 3.13%
Market Price 4.04%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Historical Premium/Discount

Calendar Year 2020 3rd Quarter of 2021
Days Traded at Premium
N/A
44
Days Traded at Discount
N/A
19
Ticker Name Quantity Weight
IVV ISHARES S+P 500 INDEX FUND 218146 82.98%
GBTC GRAYSCALE BITCOIN TR BTC NPV 332247 12.16%
ESZ1 S&P500 EMINI FUT DEC21 77 14.61%
- Net Cash -11812242 -9.75%