SPD: Simplify US Equity PLUS Downside Convexity ETF - MutualFunds.com
Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.78

-

0.77%

$0.48

0.28%

Vitals

YTD Return

15.7%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$283 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$30.80
$23.68
$32.03

Expenses

OPERATING FEES

Expense Ratio 0.28%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 4.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.78

-

0.77%

$0.48

0.28%

SPD - Profile

Distributions

  • YTD Total Return 14.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.53%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Simplify US Equity PLUS Downside Convexity ETF
  • Fund Family Name
    Simplify Asset Management
  • Inception Date
    Sep 03, 2020
  • Shares Outstanding
    8900001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Berns

Fund Description

The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it 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 downside convexity option overlay consists of purchasing exchange-traded and over the counter ("OTC") put options on the S&P 500 Index or an S&P 500 Index ETF.


SPD - Performance

Return Ranking - Trailing

Period SPD Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -71.3% 44.1% 64.93%
1 Yr N/A 5.6% 73.4% N/A
3 Yr N/A* -2.4% 25.0% N/A
5 Yr N/A* 3.5% 26.8% N/A
10 Yr N/A* 4.3% 17.8% N/A

* Annualized

Return Ranking - Calendar

Period SPD Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -94.0% 2181.7% N/A
2019 N/A -22.7% 41.1% N/A
2018 N/A -100.0% 4.6% N/A
2017 N/A -100.0% 33.2% N/A
2016 N/A -44.8% 25.0% N/A

Total Return Ranking - Trailing

Period SPD Return Category Return Low Category Return High Rank in Category (%)
YTD 14.4% -71.6% 44.1% 75.79%
1 Yr N/A 5.6% 73.4% N/A
3 Yr N/A* -2.4% 26.2% N/A
5 Yr N/A* 3.5% 26.8% N/A
10 Yr N/A* 4.3% 17.8% N/A

* Annualized

Total Return Ranking - Calendar

Period SPD Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -94.0% 2181.7% N/A
2019 N/A -21.6% 41.1% N/A
2018 N/A -100.0% 8.2% N/A
2017 N/A -100.0% 33.2% N/A
2016 N/A -13.4% 26.8% N/A

SPD - Holdings

Concentration Analysis

SPD Category Low Category High SPD % Rank
Net Assets 283 M 503 K 1.31 T 68.36%
Number of Holdings 7 2 3980 98.77%
Net Assets in Top 10 283 M -472 M 306 B 44.47%
Weighting of Top 10 99.98% 2.0% 100.0% 0.57%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 99.32%
  2. Spx Us 03/18/22 P2000 0.80%
  3. Spx Us 03/18/22 P2000 0.80%
  4. Spx Us 03/18/22 P2000 0.80%
  5. Spx Us 03/18/22 P2000 0.80%
  6. Spx Us 03/18/22 P2000 0.80%
  7. Spx Us 03/18/22 P2000 0.80%
  8. Spx Us 03/18/22 P2000 0.80%
  9. Spx Us 03/18/22 P2000 0.80%
  10. Spx Us 03/18/22 P2000 0.80%

Asset Allocation

Weighting Return Low Return High SPD % Rank
Stocks
99.74% 0.00% 139.05% 41.01%
Cash
0.26% -93.93% 50.07% 57.49%
Preferred Stocks
0.00% 0.00% 3.21% 98.55%
Other
0.00% -15.82% 100.00% 96.98%
Convertible Bonds
0.00% 0.00% 8.52% 98.55%
Bonds
0.00% 0.00% 87.09% 99.94%

Stock Sector Breakdown

Weighting Return Low Return High SPD % Rank
Technology
25.02% 0.00% 77.07% 33.05%
Financial Services
13.87% 0.00% 67.99% 52.51%
Healthcare
13.48% 0.00% 59.20% 53.69%
Consumer Cyclical
11.68% 0.00% 53.38% 43.15%
Communication Services
11.47% 0.00% 44.59% 33.33%
Industrials
8.53% 0.00% 62.11% 76.09%
Consumer Defense
6.19% 0.00% 50.98% 57.36%
Real Estate
2.63% 0.00% 84.43% 44.90%
Utilities
2.50% 0.00% 31.26% 37.85%
Energy
2.41% 0.00% 19.56% 42.08%
Basic Materials
2.22% 0.00% 30.96% 63.23%

Stock Geographic Breakdown

Weighting Return Low Return High SPD % Rank
US
98.71% 0.00% 134.83% 24.80%
Non US
1.03% 0.00% 63.63% 68.44%

SPD - Expenses

Operational Fees

SPD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.28% 0.01% 4.53% 77.09%
Management Fee 0.50% 0.00% 2.00% 47.52%
12b-1 Fee 0.00% 0.00% 1.00% 25.20%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

SPD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SPD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SPD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 4.00% 0.00% 363.00% 8.29%

SPD - Distributions

Dividend Yield Analysis

SPD Category Low Category High SPD % Rank
Dividend Yield 0.77% 0.00% 1.97% 2.32%

Dividend Distribution Analysis

SPD Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

SPD Category Low Category High SPD % Rank
Net Income Ratio 1.53% -2.09% 2.65% 18.95%

Capital Gain Distribution Analysis

SPD Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

SPD - Fund Manager Analysis

Managers

David Berns


Start Date

Tenure

Tenure Rank

Sep 03, 2020

0.99

1.0%

David Berns, PhD, is the chief investment officer and co-founder of the Simplify Asset Management Inc. Prior to co-founding the Simplify Asset Management in 2020, he founded Portfolio Designer, LLC, a company that specializes in portfolio design and from 2018 to 2019 was a managing director at Nasdaq Dorsey Wright. Prior to joining Nasdaq Dorsey Wright, Inc., he founded and developed a company that specializes in proprietary trading. He has specialized in developing asset allocation, portfolio management, and risk management systems for managing private and institutional wealth. Mr. Berns has a PhD in Physics from the Massachusetts Institute of Technology in the field of Quantum Computation.

Paul Kim


Start Date

Tenure

Tenure Rank

Sep 03, 2020

0.99

1.0%

Paul S. Kim has been with PGI since 2015. Previously, he was a senior vice president at PIMCO from 2009-2015. He earned a bachelor’s degree in Economics from Dartmouth College and an M.B.A. in Finance from The Wharton School at the University of Pennsylvania. Mr. Kim has earned the right to use the Chartered Financial Analyst designation.

Michael Green


Start Date

Tenure

Tenure Rank

Apr 22, 2021

0.36

0.4%

Michael Green is the managing director and chief strategist of the Adviser. He has served as portfolio manager of each Fund since April 2021. Prior to joining the Adviser, Michael served as partner, chief strategist and portfolio manager of Logica Capital Advisers, LLC, a Los Angeles-based hedge fund focused on derivative strategies from 2020 to 2021. Prior to Logica, Michael was portfolio manager for Thiel Macro, LLC, an investment firm that manages the personal capital of Peter Thiel from 2016 to 2019. Prior to Thiel, Michael founded Ice Farm Capital, a discretionary global macro hedge fund seeded by Soros Family Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.28 6.55 1.67