SPD

Simplify US Equity PLUS Downside Convexity ETF

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as of 01/24/2022

NAV

$ 30.97

NAV Change

+ $ 0.06 /0.19%

Price

$ 30.90

Price Change

+ $ 0.00 /0.00%

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 01/24/2022

Ticker Symbol
SPD
Gross Expense Ratio
0.53%
Net Expense Ratio
0.28%
CUSIP
82889N202
Total Assets
$471,518,440.38
Shares Outstanding
15,225,001
SEC 30-Day Yield as of 12/31/2021
0.95%
Unsubsidized 30-Day SEC Yield as of 12/31/2021
0.70%
Options Available
No
Inception Date
09/03/2020
Premium/Discount (%) as of 01/24/2022
-0.23%
NAV
$30.97
NAV Per Share as of 01/24/2022
$30.97
Market Price as of 01/24/2022
$30.90
30-Day Median Bid-Ask Spread
0.12%
Bid/Ask
$30.90/$31.06
Midpoint Price
$30.98
Volume
559,848
NAV Symbol
SPD.NV
IOPV Symbol
SPD.IV
Shares Out. Symbol
SPD.SO
 

Fund Performance

As of 12/31/2021 12/31/2021

Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 3.97% 9.67% 10.01% 24.37% 34.30%
Market Price 3.60% 9.63% 10.31% 24.84% 35.74%
S&P 500 Index Total Return 3.72% 10.2% 12.36% 29.65% 40.45%
Annualized 1 Year 3 Year Since Inception
NAV 24.37% 24.91%
Market Price 24.84% 25.98%
Cumulative 1 Year Since Inception
NAV 24.37% 34.30%
Market Price 24.84% 35.74%
S&P 500 Index Total Return 29.65% 40.45%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 24.37% 24.91%
Market Price 24.84% 25.98%

Historical Premium/Discount

Calendar Year 2021 4th Quarter of 2021
Days Traded at Premium
175
46
Days Traded at Discount
75
17
Ticker Name Quantity Weight
IVV ISHARES S+P 500 INDEX FUND 1037896 97.19%
SPXW US 01/31/22 P4250 SPXW Jan 2022 4250 Put 151 0.09%
SPXW US 01/31/22 P4150 SPXW Jan 2022 4150 Put -150 -0.05%
SPX US 03/18/22 P2000 S&P 500 Index Mar 2022 2000 Put 682 0.03%
SPX US 04/14/22 P3900 S&P 500 Index Apr 2022 3900 Put 1650 2.60%
SPX US 04/14/22 P3660 S&P 500 Index Apr 2022 3660 Put -1650 -1.67%
SPX US 06/17/22 P2000 S&P 500 Index Jun 2022 2000 Put 738 0.13%
SPY US 09/16/22 P210 SPY Sep 2022 210 Put 10759 0.41%
SPY US 09/16/22 P185 SPY Sep 2022 185 Put -10671 -0.29%
SPY US 12/16/22 P225 SPY Dec 2022 225 Put 7288 0.47%
SPX US 03/17/23 P2400 S&P 500 Index Mar 2023 2400 Put 638 0.63%
- Estimated Cash 2191460 0.46%