XV
Simplify Target 15 Distribution ETF
NAV
$ 26.41NAV Change
- $ 0.31 /1.16%Price
$ 26.56Price Change
- $ 0.44 /1.63%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.