SPDSimplify US Equity PLUS Downside Convexity ETF

Get income5y track recordRanked #902 of 1,622 in this goal

Seeks long-term capital appreciation.

By Simplify Asset Management · Launched 2020

Annual Cost

0.53%

#2,737 of 5,562 · average

Fund Size

$108M

#2,856 of 5,562 · mid-size

Dividend YieldGoal

0.95%

Track Record

5 years

#2,176 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,393+13.9%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Volatility strategy

What it actually holds

By weight

Concentration

Top 10 holdings = 100.4% of fundconcentrated

iShares Core S&P 500 ETF

99.7%

CBOE GLOBAL MARKETS, INC.SPXW 3 P5800

0.6%

FIDELITY INV MMTRSY 1 680

0.1%

CBOE GLOBAL MARKETS, INC.SPXW 1 P6000

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 1 C6885

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 12 C7000

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 1 C6955

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 12 C6925

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 12 C6955

0.0%

CBOE GLOBAL MARKETS, INC.SPXW 1 P5700

-0.0%

Asset allocation

Stocks

96.8%

Bonds

2.8%

Cash

0.4%

By sector

Technology

39.9%

Financial Services

11.0%

Communication

10.4%

Consumer Cyclical

9.6%

Healthcare

8.2%

Industrials

7.7%

Consumer Defensive

4.4%

Energy

3.2%

Other

5.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

13.6%Moderate

Year-on-year price swings

Max drawdown

-27.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.79Decent risk-adjusted returns

Sortino (3Y)

1.34Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks long-term capital appreciation.
Strategy: Invests primarily in U.S. equity securities and employs a downside convexity option overlay strategy. This includes purchasing put options on the S&P 500 Index to hedge against market declines.
Inception date: September 3, 2020
Fund family: Simplify Asset Management