QQCSimplify Nasdaq 100 PLUS Convexity ETF
QQC Fund Description
QQC is an actively managed fund-of-funds that provides exposure to the Nasdaq-100. It uses a systematic options overlay strategy to boost upside returns and to hedge downside risk.
QQC Factset Analytics Insight
QQC seeks to invest primarily in ETFs that track the Nasdaq-100 Index with an options overlay strategy. The fund modestly allocates up to 20% of its assets to options overlay, which consists of exchange-traded and over-the-counter (OTC) put and call options on the Nasdaq-100 Index or any ETF that tracks it. The fund adviser selects options based on cost, strike price, and maturity. QQC expects to buy and sell options on a monthly, quarterly and annual basis, depending on rebalancing requirements and option expiration dates. The fund’s returns are intended to possess convexity because the relationship between the fund’s returns and the market returns are designed to be non-linear. Essentially, the fund adapts this convex strategy to serve as a cushion in volatile markets—it aims to magnify upside potential in bullish markets, while mitigating downside risk in bearish ones. However, note that convex strategies tend to lag during quiet markets.
QQC MSCI ESG Analytics Insight
Simplify Nasdaq 100 PLUS Convexity ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.45 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Simplify Nasdaq 100 PLUS Convexity ETF ranks in the 33th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
QQC Summary Data
QQC Portfolio Data
QQC Index Data
QQC Portfolio Management
QQC Tax Exposures
QQC Fund Structure
QQC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QQC. QQC is rated a N/A out of 5.
QQC Sector/Industry Breakdown
QQC Top 10 Holdings
QQC Economic Development
QQC Performance Statistics
QQC MSCI ESG Ratings
QQC Benchmark Comparison Summary
QQC Benchmark Comparison Market Cap Size