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NYSEArca USD

Simplify US Equity PLUS Downside Convexity ETF (SPD)

30.19
-1.18
(-3.77%)
At close: April 3 at 3:43:38 PM EDT

ETF Summary

The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The downside convexity option overlay strategy includes purchasing exchange-traded and over-the-counter ("OTC") put options on the S&P 500 Index or an S&P 500 Index ETF.

Risk Overview

Performance & Risk

YTD Return -9.32%
5y Average Return 0.00%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.70
Morningstar Risk Rating --

Risk Statistics

3 Years 5 Years 10 Years
SPDCategory AverageSPDCategory AverageSPDCategory Average
Alpha -5.42 -1.21 0 -1.04 0 -1.18
BETA 0.7 0.96 0 0.98 0 0.99
Mean Annual Return 0.44 0.98 0 1.33 0 1.01
R-squared 75.86 93.81 0 94.55 0 94.85
Standard Deviation 13.71 16.84 0 17.88 0 15.46
Sharpe Ratio 0.06 0.44 0 0.74 0 0.66
Treynor Ratio -0.15 6.64 0 12.87 0 9.68

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