SVOL

Simplify Volatility Premium ETF
*Unless otherwise stated, data provided by FactSet.

SVOL Fund Description

SVOL is an actively managed portfolio that aims to provide income via short exposure to S&P 500 VIX short-term futures, reset daily. The fund also utilizes an option overlay strategy to protect against adverse moves in VIX.

SVOL Factset Analytics Insight

SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The fund’s exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience performance returns that are different than the index. This performance difference can be significant during times of increased volatility. The fund invests through a subsidiary, which avoids K-1 tax reporting and credit risk investors face with other products in this space.

PERFORMANCE [as of 08/17/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SVOL 3.18% 3.97% -5.46% -2.66% -- -- --
SVOL (NAV) 3.29% 4.40% -6.46% -1.85% -- -- --
No Underlying Index -- -- -- -- -- -- --
CBOE Market Volatility Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SVOL Summary Data

Simplify
05/12/21
Open-Ended Fund
0.54%
$104.17M
$1.28M
0.33%

SVOL Portfolio Data

S&P 500 Short-Term
14.17%
N/A
--

SVOL Index Data

No Underlying Index
Proprietary
Proprietary
CBOE Market Volatility Index

SVOL Portfolio Management

0.54%
--
--
--

SVOL Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

SVOL Fund Structure

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

SVOL Factset Analytics Block Liquidity

As of 08/18/22
5
4
3
2
1

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

SVOL Tradability

56,540
$1.28M
47,029
$1.05M
0.33%
$0.07
0.07%
2.06% / -1.24%
None
100.00%
25,000
1.88
--
--
0
$23.42
5

SVOL Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

SVOL Top 5 Holdings Long

90.48%
36.79%
-27.27%

SVOL Top 5 Holdings Short

-27.27%

SVOL Performance Statistics

-1.85%
--
--
--
--
--
--

SVOL Correlations (Daily Returns 12 Mo)

--
--
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.