SPDSimplify US Equity PLUS Downside Convexity ETF
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 MSCI ESG Analytics Insight
Simplify US Equity PLUS Downside Convexity ETF has an MSCI ESG Fund Rating of A based on a score of 6.16 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 US Equity PLUS Downside Convexity ETF ranks in the 46th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SPD Summary Data
SPD Portfolio Data
SPD Index Data
SPD Portfolio Management
SPD Tax Exposures
SPD Fund Structure
SPD 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 Sector/Industry Breakdown
SPD Top 10 Holdings
SPD Economic Development
SPD Performance Statistics
SPD MSCI ESG Ratings
SPD Benchmark Comparison Summary
SPD Benchmark Comparison Market Cap Size