Simplify US Equity PLUS Upside Convexity ETF
The adviser seeks to achieve the fund’s investment objective by investing primarily in equity securities of U.S. companies and applying an upside convexity option overlay strategy to the equity investments. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds (“ETFs”). The upside convexity option overlay strategy consists of purchasing exchange-traded and over the counter (“OTC”) call options on the S&P 500 Index or an S&P 500 Index ETF.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$11M OVER THIS RANGE
Money keeps arriving — +$11M of net buying over the past month, about 4.8% of the fund's asset base, while the price has returned +7.5% so far this year. At 0.53% 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
| 1 week | -1.2% |
| 1 month | +2.7% |
| 3 months | +0.6% |
| 6 months | +6.9% |
| YTD | +7.5% |
| 1 year | +4.9% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$11M |
| 1 month | +$11M |
| 3 months | +$11M |
| YTD | +$11M |
| 1 year | +$11M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK