SPD Simplify US Equity PLUS Downside Convexity ETF
What is SPD?
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 Summary Data
Peers
Fund Flows
SPD Portfolio Data
SPD Index Data
SPD Portfolio Management
SPD Tax Exposures
SPD Fund Structure
Factset Analytics Block Liquidity
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
SPD Sector/Industry Breakdown
Benchmark
SPD Top 10 Holdings
SPD Performance Statistics
SPD Benchmark Comparison Summary
Benchmark
SPD Benchmark Comparison Market Cap Size
Benchmark
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.