SVOL Simplify Volatility Premium ETF
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.
Fund Overview
As of 06/12/2026
Ticker Symbol
SVOL
Expense Ratio
0.66%
CUSIP
82889N863
Total Assets
$545,485,091.81
Shares Outstanding
34,050,001
Distribution Rate as of 05/31/2026
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.20.90%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 05/31/2026
-
30-Day SEC Yield (Unsubsidized) as of 05/31/2026
2.06%
Options Available
Yes
Inception Date
05/12/2021
Premium/Discount (%) as of 06/12/2026
-0.44%
NAV Per Share as of 06/12/2026
$16.02
Market Price as of 06/12/2026
$15.95
30-Day Median Bid-Ask Spread
0.13%
Bid/Ask
$15.90/$15.95
Midpoint Price
$15.93
Volume
183,624
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. The distribution may include a combination of ordinary dividends, capital gains, and return of investor capital and has the potential to change during any given tax year. Please refer to the 19a-1 Notice, which can be found on the Fund’s website, for information regarding the composition of distributions, including return of capital. The final determination of a distribution’s tax character will be made on Form 1099-DIV.
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 Fees | 0.50% |
| Distribution and Service (12b-1) Fees | 0.00% |
| Other Expenses1 | 0.09% |
| Acquired Fund Fees and Expenses2 | 0.07% |
| Total Annual Fund Operating Expenses | 0.66% |
1. Other Expenses include interest expenses of 0.09%.
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 05/31/2026 03/31/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 2.43% | 1.66% | 0.67% | -0.57% | 13.11% | 23.72% | 39.96% | 46.68% |
| Market Price | 2.52% | 1.71% | 2.18% | -0.27% | 12.36% | 23.38% | 39.07% | 45.43% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 13.11% | 7.35% | 6.96% | 7.88% |
| Market Price | 12.36% | 7.25% | 6.82% | 7.70% |
| Cumulative | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 3.78% | 19.64% | — | 35.59% |
| Market Price | 3.59% | 19.16% | — | 34.30% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 3.78% | 6.16% | — | 6.43% |
| Market Price | 3.59% | 6.02% | — | 6.23% |
| Calendar Year | NAV | Market Price |
|---|---|---|
| 2025 | 2.47% | 2.35% |
| 2024 | 7.17% | 6.71% |
| 2023 | 23.05% | 22.84% |
| 2022 | -4.57% | -3.21% |
| 2021 | — | — |
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.
Growth of $10,000
The Growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance.
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
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| AGGH | SIMPLIFY AGGREGATE BOND E | 2,109,127 | 7.76% |
| BUCK | SIMPLIFY TREASURY OPTION | 1,700,000 | 7.27% |
| LITL | SIMPLIFY PPR SNDLR US SM | 91,464 | 0.54% |
| NMB | SIMPLIFY NATIONAL MUNI BN | 1,553,376 | 6.97% |
| NXTI | SIMPLIFY NEXT INTG C IDX | 822,303 | 5.13% |
| QIS | SIMPLIFY MULTI-QIS ALT ET | 3,777,620 | 7.56% |
| SPUC | SIMPLIFY US EQTY PLUS UP | 1,635,812 | 14.58% |
| XV | SIMPLIFY TARGET 15 DISTR | 624,406 | 2.80% |
| UXN6 IND | CBOE VIX FUTURE Jul26 | -4,625 | -16.54% |
| UXQ6 IND | CBOE VIX FUTURE Aug26 | -3,130 | -11.78% |
| SPXW US 06/15/26 P6375 | SPXW Jun 2026 6375 Put | 90 | 0.00% |
| SPXW US 06/16/26 P6300 | SPXW Jun 2026 6300 Put | 94 | 0.00% |
| SPXW US 06/18/26 P6450 | SPXW Jun 2026 6450 Put | 94 | 0.00% |
| SPXW US 06/22/26 P6400 | SPXW Jun 2026 6400 Put | 94 | 0.00% |
| SPXW US 06/23/26 P6525 | SPXW Jun 2026 6525 Put | 91 | 0.00% |
| SPXW US 06/24/26 P6575 | SPXW Jun 2026 6575 Put | 91 | 0.00% |
| SPXW US 06/25/26 P6675 | SPXW Jun 2026 6675 Put | 91 | 0.01% |
| SPXW US 06/26/26 P6700 | SPXW Jun 2026 6700 Put | 90 | 0.01% |
| SPXW US 06/29/26 P6650 | SPXW Jun 2026 6650 Put | 93 | 0.01% |
| SPXW US 06/30/26 P6675 | SPXW Jun 2026 6675 Put | 92 | 0.01% |
| SPXW US 07/01/26 P6625 | SPXW Jul 2026 6625 Put | 90 | 0.01% |
| SPXW US 07/02/26 P6725 | SPXW Jul 2026 6725 Put | 88 | 0.01% |
| SPXW US 07/06/26 P5800 | SPXW Jul 2026 5800 Put | 94 | 0.00% |
| SPXW US 07/07/26 P6200 | SPXW Jul 2026 6200 Put | 86 | 0.01% |
| SPXW US 07/08/26 P6000 | SPXW Jul 2026 6000 Put | 90 | 0.01% |
| SPXW US 07/09/26 P5800 | SPXW Jul 2026 5800 Put | 78 | 0.00% |
| SPXW US 07/10/26 P6100 | SPXW Jul 2026 6100 Put | 81 | 0.01% |
| SPXW US 07/13/26 P6275 | SPXW Jul 2026 6275 Put | 84 | 0.01% |
| USN6P 105.0 Comdty | USN6P 105.0 Comdty | -1,600 | 0.00% |
| USQ6C 116.0 Comdty | USQ6C 116.0 Comdty | -800 | -0.03% |
| VIX US 06/17/26 C70 | VIX Jun 2026 70 Call | 27,050 | 0.01% |
| VIX US 07/22/26 C70 | VIX Jul 2026 70 Call | 5,002 | 0.01% |
| - | TREASURY BILL DN 6/26 | 13,000,000 | 2.36% |
| - | TREASURY BILL DN 6/26 | 2,000,000 | 0.36% |
| - | TREASURY BILL DN 7/26 | 5,000,000 | 0.91% |
| - | TREASURY BILL DN 7/26 | 85,000,000 | 15.41% |
| - | TREASURY BILL DN 7/26 | 18,000,000 | 3.26% |
| - | TREASURY BILL DN 8/26 | 30,000,000 | 5.43% |
| - | TREASURY BILL DN 8/26 | 7,000,000 | 1.27% |
| - | TREASURY BILL DN 8/26 | 80,000,000 | 14.46% |
| - | TREASURY BILL DN 9/26 | 6,000,000 | 1.08% |
| - | DREYFUS TRSY OBLIG CASH M | 159,303 | 0.03% |
| - | Estimated Net Cash | 2,112,360 | 0.38% |
Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| N/A | |||
| $0.28000 | |||
| $0.28000 | |||
| $0.28000 | |||
| $0.30000 |
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.
