SPBC

Simplify US Equity PLUS GBTC ETF

as of 09/22/2021

NAV

$ 26.34

NAV Change

+ $ 0.38 /1.46%

Price

$ 26.33

Price Change

+ $ 0.29 /1.11%
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 09/22/2021

Ticker Symbol
SPBC
Gross Expense Ratio
0.50%
Net Expense Ratio
CUSIP
82889N848
Total Assets
$108,650,890.53
Shares Outstanding
4,125,001
Distribution Yield as of 09/22/2021
0.00%
SEC 30-Day Yield as of 08/31/2021
0.57%
Unsubsidized 30-Day SEC Yield as of 08/31/2021
0.57%
Options Available
No
Inception Date
05/24/2021
Premium/Discount (%) as of 09/22/2021
-0.03%
NAV
$26.34
NAV Per Share as of 09/22/2021
$26.34
Market Price as of 09/22/2021
$26.33
30-Day Median Bid-Ask Spread
0.29%
Bid/Ask
$26.30/$26.39
Midpoint Price
$26.35
Volume
1,329
NAV Symbol
SPBC.NV
IOPV Symbol
Shares Out. Symbol
SPBC.SO

Fund Performance

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

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 3.82% 10.10% 9.41%
Market Price 3.77% 10.28% 10.38%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 1.46%
Market Price 1.62%
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
N/A
23
Days Traded at Discount
N/A
3
Ticker Name Quantity Weight
IVV ISHARES S+P 500 INDEX FUND 209101 84.74%
GBTC GRAYSCALE BITCOIN TR BTC NPV 311797 9.99%
- S&P500 EMINI FUT DEC21 72 14.49%
- Net Cash -10046465 -9.23%