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SVOL

Simplify Volatility Premium ETF

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as of 06/06/2025

NAV

$ 17.73

NAV Change

+ $ 0.24 /1.37%

Price

$ 17.78

Price Change

+ $ 0.31 /1.77%

The Simplify Volatility Premium ETF (SVOL) seeks to provide investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths (-0.2x to -0.3x) the inverse of the performance of the Cboe Volatility Index (VIX) short-term futures index while also seeking to mitigate extreme volatility.

We believe many traditional sources of income are failing to meet investor needs in today’s low yield environment. SVOL aims to provide an attractive income stream and source of diversification while seeking to avoid risks inherent in other income-producing asset classes.

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 protect against adverse moves in VIX.

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Documents

Fund Overview

As of 06/06/2025

Ticker Symbol
SVOL
Gross Expense Ratio
0.72%
CUSIP
82889N863
Total Assets
$889,403,917.74
Shares Outstanding
50,150,001
Distribution Rate as of 04/30/2025 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
19.61%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 04/30/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 04/30/2025
1.87%
Options Available
Yes
Inception Date
05/12/2021
Premium/Discount (%) as of 06/06/2025
0.25%
NAV Per Share as of 06/06/2025
$17.73
Market Price as of 06/06/2025
$17.78
30-Day Median Bid-Ask Spread
0.30%
Bid/Ask
$17.74/$17.76
Midpoint Price
$17.75
Volume
479,342
NAV Symbol
SVOL.NV
IOPV Symbol
—
Shares Out. Symbol
SVOL.SO
Schedule K-1
No
 
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distribution includes an estimated 94% Return of Capital ("ROC"). The ROC percentage indicates the percentage of the distribution that reflects an investor's initial investment.

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees0.50%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.15%
Acquired Fund Fees and Expenses20.07%
Total Annual Fund Operating Expenses0.72%

1. Other Expenses include interest expenses of 0.15%.
2. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.

Fund Performance (Total Return)

As of 05/31/2025 03/31/2025

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 7.56% -11.04% -12.56% -9.89% -8.78% 29.68%
Market Price 7.76% -10.67% -11.81% -9.15% -8.33% 29.43%
Annualized 1 Year 3 Year Since Inception
NAV -8.78% 7.82% 6.62%
Market Price -8.33% 7.79% 6.58%
Cumulative 1 Year Since Inception
NAV -6.08% 30.66%
Market Price -6.15% 29.65%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -6.08% 7.08% — 7.13%
Market Price -6.15% 6.87% — 6.92%
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.

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 2024 1st Quarter of 2025
Days Traded at Premium
184
23
Days Traded at Discount
68
37
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 06/06/2025

Holdings - All ETFs
Ticker Name Quantity Weight
AGGH SIMPLIFY AGGREGATE BOND E 5,193,254 11.61%
LITL SIMPLIFY PPR SNDLR US SM 91,464 0.28%
NMB SIMPLIFY NATIONAL MUNI B 3,121,709 8.66%
NXTI SIMPLIFY NEXT INTG C IDX 22,303 0.08%
QIS SIMPLIFY MULTI-QIS ALT ET 3,975,000 9.89%
SBAR SIMPLIFY BARRIER INCOME E 1,100,000 3.21%
SPUC SIMPLIFY US EQUITY PLUS U 2,334,812 11.19%
TYA SIMPLIFY INTERMEDIATE TER 2,917,182 4.17%
XV SIMPLIFY TARGET 15 DISTR 1,000,000 2.97%
USU5 COM US LONG BOND(CBT) Sep25 4,000 50.43%
UXN5 IND CBOE VIX FUTURE Jul25 -10,177 -23.06%
UXQ5 IND CBOE VIX FUTURE Aug25 -63 -0.15%
SPXW US 06/10/25 C6100 SPXW Jun 2025 6100 Call 2,667 0.04%
SPXW US 06/13/25 C6100 SPXW Jun 2025 6100 Call 5,416 0.51%
SPXW US 06/13/25 C6150 SPXW Jun 2025 6150 Call 5,117 0.13%
SPXW US 06/30/25 C6200 SPXW Jun 2025 6200 Call 7,546 1.14%
SPXW US 07/18/25 C6300 SPXW Jul 2025 6300 Call 7,149 1.43%
SPXW US 07/31/25 C6500 SPXW Jul 2025 6500 Call 12,674 0.85%
USN5C 116.0 Comdty USN5C 116.0 Comdty -2,000 -0.02%
VIX US 06/18/25 C60 VIX Jun 2025 60 Call 10,000 0.00%
VIX US 07/16/25 C50 VIX Jul 2025 50 Call 10,001 0.03%
VIX US 07/16/25 C60 VIX Jul 2025 60 Call 11,000 0.02%
VIX US 07/16/25 C70 VIX Jul 2025 70 Call 14,000 0.02%
VIX US 07/16/25 C80 VIX Jul 2025 80 Call 12,094 0.01%
VIX US 07/16/25 C90 VIX Jul 2025 90 Call 10,000 0.01%
- US TREASURY N/ 2.875 6/25 100,000 0.01%
- TREASURY BILL DN 8/25 165,000,000 18.43%
- TREASURY BILL DN 8/25 3,500,000 0.39%
- TREASURY BILL DN 8/25 134,000,000 14.95%
- TREASURY BILL DN 8/25 53,000,000 5.90%
- TREASURY BILL DN 8/25 27,500,000 3.06%
- TREASURY BIL 0.0 9/25 4,000,000 0.44%
- Estimated Net Cash -13,425,928 -1.51%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.30000
$0.27000
$0.27000
$0.27000
View Distribution History
S19(a) Notices Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.
S19(a) Notices Close
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.

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