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TESLSimplify Volt TSLA Revolution ETF

Get income5y track recordRanked #1,317 of 1,622 in this goal

Seeks long-term capital appreciation.

By Simplify Asset Management · Launched 2020

Annual Cost

0.97%

#4,819 of 5,562 · expensive

Fund Size

$22M

#4,295 of 5,562 · small

Dividend YieldGoal

24.02%

Track Record

5 years

#2,268 of 5,562 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$9,656-3.4%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 103.6% of fundconcentrated

DREYFUS TRSY OBLIG CASH M
30.4%
Tesla Inc
24.9%
TREASURY BILL
24.0%
TREASURY BILL
9.9%
TREASURY BILL
5.4%
TREASURY BILL
5.4%
TREASURY BILL
2.9%
CBOE GLOBAL MARKETS, INC.SPXW 3 P5800
0.8%
CBOE GLOBAL MARKETS, INC.SPXW 1 P6000
0.0%
CBOE GLOBAL MARKETS, INC.SPXW 1 C6885
0.0%

Asset allocation

Stocks
105.3%
Cash
21.1%
Bonds
20.7%

By sector

Consumer Cyclical
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
54.5%High

Year-on-year price swings

Max drawdown
-69.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.76Decent risk-adjusted returns
Sortino (3Y)
1.27Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term capital appreciation.
Strategy
Actively managed fund primarily invests in Tesla common stock and related instruments, including ETFs and options. Uses a proprietary algorithm to adjust exposure based on momentum indicators, targeting up to 150% leverage during aggressive market conditions.
Inception date
December 28, 2020
Fund family
Simplify Asset Management

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19