SPYC

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

SPYC Fund Description

SPYC is an actively managed, fund-of-funds that provides exposure to the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk.

SPYC Factset Analytics Insight

SPYC is one of the first ETFs issued by Simplify. It aims to provide capital appreciation by primarily investing in ETFs that has exposure to the S&P 500 Index combined with option overlay strategy. The fund has the potential to allocate up to 20% of its assets to the option overlay strategy, which involves purchasing both exchange-traded and over-the-counter (OTC) put and call options on the S&P 500 Index, or any S&P 500 Index ETF. In essence, the option overlay straddles the index, looking to enhance returns in volatile markets. 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. The Fund may purchase or sell options more frequently in addition to its normal rebalancing requirements and option expiration dates. The convex strategy presumes if market returns go up and down in a linear fashion, the fund's returns will rise faster than the market in bullish markets while declining less in bearish markets. Convex strategies tend to lag during quiet markets.

SPYC MSCI ESG Analytics Insight

Simplify US Equity PLUS Convexity ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.65 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 Convexity ETF ranks in the 41st percentile within its peer group and in the 38th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPYC -0.96% 8.66% 12.20% -- -- -- --
SPYC (NAV) 0.77% 8.34% 12.55% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 1.75% 9.15% 12.45% 35.19% 18.14% 18.05% 15.51%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPYC Summary Data

Simplify
09/03/20
Open-Ended Fund
0.28%
$83.27M
$2.24M
0.30%

SPYC Portfolio Data

$506.72B
37.54
4.56
--
N/A
499

SPYC Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

SPYC Portfolio Management

0.28%
--
--
--

SPYC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SPYC Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

SPYC Factset Analytics Block Liquidity

As of 06/11/21
5
4
3
2
1

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

SPYC Tradability

74,639
$2.24M
20,479
$617.89K
0.30%
$0.09
0.08%
1.77% / -1.89%
None
100.00%
50,000
0.41
--
--
0
$30.36
N/A

SPYC Sector/Industry Breakdown


SPYC
Segment Benchmark
33.09%
36.00%
15.51%
15.04%
13.74%
12.38%
12.63%
13.33%
9.59%
8.82%
5.87%
6.20%
2.76%
2.41%
2.64%
2.29%
2.53%
1.78%
1.53%
1.67%

SPYC Top 10 Holdings

1.61%
0.01%
100.00%

SPYC Countries


SPYC
Segment Benchmark
100.00%
99.90%
--
0.10%

SPYC Regions


SPYC
Segment Benchmark
100.00%
100.00%

SPYC Economic Development


SPYC
Segment Benchmark
100.00%
100.00%

SPYC Performance Statistics

0.98
0.97
0.97
0.91
0.14%
MSCI USA Large Cap Index

SPYC MSCI ESG Ratings

5.65 / 10
37.72
40.54
6.51%
5.39%
142.75

SPYC Benchmark Comparison Holdings

499
290
266
88.14%

SPYC Benchmark Comparison Summary


SPYC
Segment Benchmark
499
290
$506.72B
$559.64B
37.54
35.27
4.56
4.94
1.38%
1.36%
Low
Low

SPYC Benchmark Comparison Market Cap Size


SPYC
Segment Benchmark
98.45%
100.00%
1.55%
0.00%
0.00%
0.00%
0.00%
0.00%