Simplify Volatility Premium ETF
NAV Change- $ 1.76 /6.36%
Price Change- $ 1.48 /5.32%
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.