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

Simplify Enhanced Income ETF

$21.64+0.32% today
212452-WK

The fund invests primarily in interest income producing U.S. Treasury securities such as bills, notes, and bonds and fixed income ETFs that invest primarily in U.S. Treasuries. The fund targets an average securities portfolio duration of two years or less but does not restrict individual security maturity. To generate additional income, the fund employs an option spread writing strategy on equity ETFs and fixed income ETFs.

Price & daily flows
23.122.421.721.64DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET — OVER THIS RANGE

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -3.1% so far this year. At 0.51% a year it is not the cheapest way in — LQD runs the same ground at 0.14%.

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

$64Massets under management
0.51%expense ratio · $51 per $10,000 a year
net flow, trailing month
16Kavg daily volume, 30 days
12holdings · US-domiciled
2022listed October 26, 2022 · beta 0.42
The book at a glance
0.0%0.0%0.0%0.2%0.4%

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

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1B 12/3/26 Govt0.04%
2United States Treasury Bill 10/15/20260.02%
3B 1/28/27 Govt0.04%
4B 09/01/26 Govt0.02%
533770172337701720.00%
633270568332705680.00%
735577320355773200.00%
833904069339040690.00%
934546275345462750.00%
1033800282338002820.00%
1129493441294934410.00%
1236217079362170790.00%
1334541101345411010.00%
1435303256353032560.00%
15Cash0.00%

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Sector weights
Other100%
Cash & Others100%
Government99.86%
Cash0.28%
Rights & Warrants0.05%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other100%
United States100%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.4%
1 month+1.0%
3 months-0.2%
6 months-0.9%
YTD-3.1%
1 year-8.1%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
15%realized volatility, 30 days (annualized)
8%realized volatility, 1 year
-10.6%deepest fall from a peak, 1 year
-8.5%where it sits vs. that peak today

The top holding is 0.4% of the book; the top ten carry 1%. Spread across 17+ names, it behaves like roughly 3 equally-weighted positions.

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

Options tape
calls today
puts today
put/call ratio
16Kshares traded
The case against HIGH

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

FundFeeAssetsFlow, 1MThe case
DIVB iShares U.S. Dividend and Buyback ETF0.05%$1.9B+$136M-46bp on fee · 29× the assets · +$136M in over the monthHead-to-head
HDV iShares Core High Dividend ETF0.08%$15.1B+$209M-43bp on fee · 236× the assets · +$209M in over the monthHead-to-head
SCHD Schwab U.S. Dividend Equity ETF0.06%$60.6B-45bp on fee · 944× the assetsHead-to-head
VYM Vanguard High Dividend Yield Index Fund0.06%$58.1B-45bp on fee · 905× the assetsHead-to-head
DGRO iShares Core Dividend Growth ETF0.08%$43.6B−$50M-43bp on fee · 679× the assetsHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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