SPD

Simplify US Equity PLUS Downside Convexity ETF

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as of 09/22/2021

NAV

$ 30.95

NAV Change

+ $ 0.23 /0.75%

Price

$ 31.12

Price Change

+ $ 0.34 /1.10%

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.

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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 09/22/2021

Ticker Symbol
SPD
Gross Expense Ratio
0.53%
Net Expense Ratio
0.28%
CUSIP
82889N202
Total Assets
$317,992,735.40
Shares Outstanding
10,275,001
Distribution Yield as of 09/22/2021
0.00%
SEC 30-Day Yield as of 08/31/2021
1.00%
Unsubsidized 30-Day SEC Yield as of 08/31/2021
0.75%
Options Available
No
Inception Date
09/03/2020
Premium/Discount (%) as of 09/22/2021
0.56%
NAV
$30.95
NAV Per Share as of 09/22/2021
$30.95
Market Price as of 09/22/2021
$31.12
30-Day Median Bid-Ask Spread
0.16%
Bid/Ask
$30.95/$31.07
Midpoint Price
$31.01
Volume
148,499
NAV Symbol
SPD.NV
IOPV Symbol
SPD.IV
Shares Out. Symbol
SPD.SO
 

Fund Performance

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

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 2.76% 7.38% 17.21% 28.44%
Market Price 2.75% 5.09% 17.11% 29.15%
S&P 500 Index Total Return 2.06% 8.18% 20.43% 32.68%
Annualized 1 Year 3 Year Since Inception
NAV
Market Price
Cumulative 1 Year Since Inception
NAV 22.07%
Market Price 23.06%
S&P 500 Index Total Return 25.77%
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
45
47
Days Traded at Discount
36
16
Ticker Name Quantity Weight
IVV ISHARES S+P 500 INDEX FUND 712450 98.87%
SPXW US 09/29/21 P4230 SPXW Sep 2021 4230 Put 92 0.02%
SPX US 12/17/21 P1800 S&P 500 Index Dec 2021 1800 Put 700 0.02%
SPX US 03/18/22 P2000 S&P 500 Index Mar 2022 2000 Put 454 0.08%
SPX US 06/17/22 P2000 S&P 500 Index Jun 2022 2000 Put 490 0.17%
SPY US 09/16/22 P210 SPY Sep 2022 210 Put 7131 0.43%
SPY US 09/16/22 P185 SPY Sep 2022 185 Put -2694 -0.11%
SPY US 12/16/22 P225 SPY Dec 2022 225 Put 4834 0.49%
- Estimated Cash 98480 0.03%