SVOL

Simplify Volatility Premium ETF

as of 09/22/2021

NAV

$ 27.02

NAV Change

+ $ 0.35 /1.31%

Price

$ 27.05

Price Change

+ $ 0.24 /0.90%

Most traditional sources of income are failing to meet investor needs in today’s low yield environment. The Simplify Volatility Premium ETF (SVOL) invests in a strategy designed to provide an attractive income stream and source of diversification, without the risks inherent in high yield bonds.

The fund’s short VIX position provides investors an optimized exposure for monetizing the premium in the VIX futures market. A modest option overlay budget is then deployed into VIX call options to help mitigate against adverse moves in VIX.

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Fund Overview

As of 09/22/2021

Ticker Symbol
SVOL
Gross Expense Ratio
0.50%
Net Expense Ratio
—
CUSIP
82889N863
Total Assets
$37,828,297.44
Shares Outstanding
1,400,001
Distribution Yield as of 09/22/2021
0.00%
SEC 30-Day Yield as of 08/31/2021
—
Unsubsidized 30-Day SEC Yield as of 08/31/2021
—
Options Available
No
Inception Date
05/12/2021
Premium/Discount (%) as of 09/22/2021
0.11%
NAV
$27.02
NAV Per Share as of 09/22/2021
$27.02
Market Price as of 09/22/2021
$27.05
30-Day Median Bid-Ask Spread
0.30%
Bid/Ask
$27.03/$27.13
Midpoint Price
$27.08
Volume
44,189
NAV Symbol
SVOL.NV
IOPV Symbol
—
Shares Out. Symbol
SVOL.SO

Fund Performance

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

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 3.80% 5.33% — — 10.39%
Market Price 3.48% 5.10% — — 9.90%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — 8.05%
Market Price — 8.16%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

The Adviser has voluntarily agreed to limit fees. This agreement may change or end at any time. Performance would have been lower without limitations in effect.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2020 2nd Quarter of 2021
Days Traded at Premium
N/A
20
Days Traded at Discount
N/A
14
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 09/22/2021

Holdings - All ETFs
Ticker Name Quantity Weight
SVXY PROSHARES SHORT VIX ST FU 108000 15.86%
SCHO SCHWAB SHORT-TERM US TREA 1000 0.14%
VXX US 10/15/21 C71 VXX Oct 2021 71 Call 3920 0.24%
UXV1 CBOE VIX FUTURE Oct21 -234 -13.67%
UXX1 CBOE VIX FUTURE NOV21 -75 -4.59%
US TREASURY N/ 0.125 4/23 2 Year Treasury 100000 0.26%
- CASH COLL STONEX 100000 0.26%
- Estimated Cash 31631054 83.62%

Holdings are subject to change without notice.