PINKSimplify Health Care ETF

Grow my money4y track recordRanked #967 of 2,960 in this goal

Seeks long-term capital appreciation.

By Simplify Asset Management · Launched 2021

Annual Cost

0.51%

#2,701 of 5,562 · average

Fund Size

$267M

#2,067 of 5,562 · mid-size

Return (1Y)Goal

+26.0%

Track Record

4 years

#2,517 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,647+26.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Factor

Growth

Sector

Health care

What it actually holds

By weight

Concentration

Top 10 holdings = 54.1% of fundmoderately concentrated

UnitedHealth Group Inc

9.4%

Eli Lilly & Co

8.7%

Regeneron Pharmaceuticals Inc

7.4%

Amgen Inc

4.9%

Align Technology Inc

4.8%

PureCycle Technologies Inc

4.8%

Apellis Pharmaceuticals Inc

3.9%

Jazz Pharmaceuticals PLC

3.5%

DREYFUS TRSY OBLIG CASH M

3.3%

United Therapeutics Corp

3.3%

Asset allocation

Stocks

98.8%

Cash

1.2%

By sector

Healthcare

89.5%

Industrials

10.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.5%Moderate

Year-on-year price swings

Max drawdown

-18.8%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.61Decent risk-adjusted returns

Sortino (3Y)

0.88Moderate downside risk

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Invests primarily in U.S. health care companies, defined by the Global Industry Classification Standard. The Fund employs a growth strategy, focusing on companies with earnings expected to grow faster than inflation, while also considering value opportunities when valuations are high. It targets 50 to 100 health care companies, including micro-capitalization firms, and may invest in affiliated money market ETFs for liquidity management.
Inception date: October 7, 2021
Fund family: Simplify Asset Management