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Sunday, August 23, 2026The Morning Brief →Sign in

Simplify High Yield PLUS Credit Hedge ETF

$20.68-0.14% today
202352-WK

The adviser seeks to achieve the fund’s investment objective by investing in high yield bonds also known as “junk bonds” primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund’s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.

Price & daily flows
22.521.721.020.68DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$4M OVER THIS RANGE

The desk’s read

Money is leaving — −$4M walked out over the past month, about 1.2% of the fund's asset base, while the price has returned -6.8% so far this year. At 0.26% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$365Massets under management
0.26%expense ratio · $26 per $10,000 a year
−$4Mnet flow, trailing month
128Kavg daily volume, 30 days
216holdings · US-domiciled
2022listed February 13, 2022 · beta 0.19
The book at a glance
TUA-0.4%0.1%0.1%0.0%0.0%0.4%0.3%0.3%0.2%0.2%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1TUASIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF0.25%$20.39-0.4%
2B 12/31/26 Govt0.07%
3B 12/3/26 Govt0.08%
4United States Treasury Bill 10/15/20260.04%
5B 1/28/27 Govt0.04%
6Waters Corp0.00%
7Targa Resources Corp0.00%
8Texas Pacific Land Corp0.00%
9Stryker Corp0.00%
10Southern Copper Corp0.00%
11Parker-Hannifin Corp0.00%
12Microsoft Corp0.00%
13Monster Beverage Corp0.00%
14Moody's Corp0.00%
15Lam Research Corp0.00%

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Sector weights
Cash & Others99.99%
ETF96.61%
Government96.4%
Other96.21%
Cash3.39%
Financial Services2.05%
Real Estate2%
Technology1.7%
Consumer Defensive1.6%
Utilities1.37%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other97.25%
United States2.22%
Israel0.28%
Cayman Islands0.24%
Ireland0.15%
Bermuda0.1%
Switzerland0.1%
Canada0.1%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.6%
1 month-0.9%
3 months-3.0%
6 months-6.6%
YTD-6.8%
1 year-10.3%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week−$4M
1 month−$4M
3 months−$4M
YTD−$4M
1 year−$4M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
7%realized volatility, 30 days (annualized)
7%realized volatility, 1 year
-11.4%deepest fall from a peak, 1 year
-10.3%where it sits vs. that peak today

The top holding is 0.4% of the book; the top ten carry 2%. Spread across 114+ names, it behaves like roughly 9 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against CDX

Due diligence cuts both ways. These funds sit on the same shelf and beat CDX on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-23bp on fee · 44× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-22bp on fee · 107× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-21bp on fee · 352× the assets · +$547M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-22bp on fee · 64× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-22bp on fee · 51× the assets · +$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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