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
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 Sector/Industry Breakdown
SPD Top 10 Holdings
SPD Performance Statistics
SPD Benchmark Comparison Summary
SPD Benchmark Comparison Market Cap Size