SPD

Simplify US Equity PLUS Downside Convexity ETF

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as of 01/22/2021

NAV

$ 27.48

NAV Change

- $ 0.09 /0.33%

Price

$ 27.53

Price Change

- $ 0.02 /0.07%

The Simplify US Equity PLUS Downside Convexity ETF seeks to track the large cap US equity market while boosting performance during extreme market moves down via a systematic options overlay. The options component of the fund is designed to create a convex equity payoff on the downside, with the hopes of increasingly protecting capital as market drawdowns deepen.

The Simplify US Equity PLUS Downside Convexity ETF is designed to keep investors committed to equities by potentially protecting against the possibility of significant drawdowns. Watch our video to see how SPD works.

Fund Overview

As of 01/22/2021

Ticker Symbol
SPD
Gross Expense Ratio
0.53%
Net Expense Ratio
0.28%
CUSIP
82889N202
Total Assets
$31,027,597.64
Shares Outstanding
1,204,001
Distribution Yield as of 01/22/2021
0.00%
SEC 30-Day Yield as of 12/31/2020
1.33%
Unsubsidized 30-Day SEC Yield as of 12/31/2020
1.08%
Options Available
No
Inception Date
09/03/2020
Premium/Discount (%) as of 01/22/2021
0.17%
NAV
$27.48
NAV Per Share as of 01/22/2021
$27.48
Market Price as of 01/22/2021
$27.53
30-Day Median Bid-Ask Spread
0.15%
Bid/Ask
$27.45/$27.51
Midpoint Price
$27.48
Volume
61,675
NAV Symbol
SPD.NV
IOPV Symbol
SPD.IV
Shares Out. Symbol
SPD.SO
 

Fund Performance

As of 12/31/2020 12/31/2020

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 3.64% 11.05% 7.98%
Market Price 3.80% 10.92% 8.74%
S&P 500 Index Total Return 4.09% 12.49% 9.13%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 7.98%
Market Price 8.74%
S&P 500 Index Total Return 9.13%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV
Market Price

Total returns are based on the closing market price of the ETF on 12/31/2020

Historical Premium/Discount

Calendar Year 2020 4th Quarter of 2020
Days Traded at Premium
45
34
Days Traded at Discount
36
29

Portfolio Holdings

As of 01/22/2021

Ticker Name Quantity Weight
IVV US ISHARES S+P 500 INDEX FUND 85839 99.70%
SPX US 03/19/21 P1800 S&P 500 Index Mar 2021 1800 Put 336 0.09%
SPX US 09/17/21 P1800 S&P 500 Index Sep 2021 1800 Put 60 0.20%
- Estimated Cash 5487 0.02%