SPD

Simplify US Equity PLUS Downside Convexity ETF
*Unless otherwise stated, data provided by FactSet.

SPD Fund Description

SPD is an actively managed fund-of-funds that provides exposure to US large-cap stocks while applying a downside options overlay strategy.

SPD Factset Analytics Insight

SPD is one of the first ETFs to launch from Simplify. The fund is actively managed and seeks capital appreciation by investing the bulk of portfolio assets in ETFs providing exposure to the S&P 500 Index combined with a modest allocation in a put option overlay. The option strategy is designed to provide downside protection without capping any upside participation, or in other words, creates downside convexity in the fund. The specific put option contracts are selected strategically based on the adviser’s evaluation of relative value, strike price and maturity. Investors should anticipate a non-linear relationship between the fund’s and market returns. Meaning, by exercising put options, the fund adviser expects the fund’s return to fall less than the market. It is important to note that the fund’s goal of protection against losses is not guaranteed.

SPD Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/27/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPD 4.29% -- -- -- -- -- --
SPD (NAV) 6.78% -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 7.32% 4.54% 17.26% 20.48% 15.23% 14.75% 14.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPD Summary Data

Simplify
09/03/20
Open-Ended Fund
0.28%
$28.17M
$713.69K
0.38%

SPD Portfolio Data

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N/A
0

SPD Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

SPD Portfolio Management

0.28%
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SPD Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

SPD Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SPD Factset Analytics Block Liquidity

As of 11/30/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPD. SPD is rated a N/A out of 5.

SPD Tradability

28,262
$713.69K
8,562
$213.26K
0.38%
$0.09
0.07%
0.45% / -0.25%
None
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50,000
0.17
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$26.17
N/A

SPD Countries


SPD
Segment Benchmark
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99.90%
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0.10%

SPD Regions


SPD
Segment Benchmark
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100.00%

SPD Economic Development


SPD
Segment Benchmark
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100.00%

SPD Performance Statistics

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0.00%
MSCI USA Large Cap Index

SPD Benchmark Comparison Holdings

0
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SPD Benchmark Comparison Summary


SPD
Segment Benchmark
0
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SPD Benchmark Comparison Market Cap Size


SPD
Segment Benchmark
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