XV
Simplify Target 15 Distribution ETF
NAV
$ 24.93NAV Change
- $ 0.08 /0.32%Price
$ 24.77Price Change
- $ 0.19 /0.76%The Simplify Target 15 Distribution ETF (XV) seeks to provide a 15% annualized distribution rate (paid monthly) by selling barrier put options.
In exchange for accepting the risk of a loss defined by the barrier levels, investors can expect higher levels of income than can be found in traditional fixed income products.
Adding XV to a portfolio provides a source of potential income differentiated from traditional fixed income or volatility selling strategies.