LITL Simplify Piper Sandler US Small-Cap PLUS Income ETF
Quote as of Oct 12, 2026 13:46 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 33.45 | Day Range | 33.45 – 33.45 |
| 52-Week Range | 26.45 – 35.36 | Volume | 10 |
| Avg Volume | 1.75K | AUM | $5.9M (Oct 12, 2026) |
| Expense Ratio | 0.91% | Yield (TTM) | 2.31% |
| NAV | 33.51 | Premium/Discount | -0.18% indicative |
| Inception | Apr 28, 2025 | Holdings | 199 |
| Issuer | Simplify | Exchange | AMEX |
| Category | Us Small Cap | Index Tracked | Not stated in source data |
| CUSIP | 82889N327 | ISIN | US82889N3272 |
| Management | Actively managed (per issuer description) | ||
About this ETF
The Simplify Piper Sandler US Small-Cap PLUS Income ETF, trading under the ticker LITL, aims to deliver both capital growth and a consistent income stream. This is achieved through an actively managed, opportunistic investment approach, complemented by a carefully structured, risk-aware options strategy designed to generate income. Piper Sandler, serving as the fund's sub-advisor, employs a sophisticated, macro-driven analytical framework. This framework guides their selection of small-cap equities, focusing on those exhibiting style factors that have historically performed well within prevailing economic conditions. Subsequently, a disciplined options selling strategy, managed with a focus on risk mitigation, is integrated as an overlay. Its purpose is to enhance overall income generation and bolster the fund's total return potential.
Description from the fund data provider · profile as of Oct 12, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -1.12% | -2.42% | +11.20% | +13.24% | +19.25% | — | — | — | +33.11% |
| Total return | -1.12% | -2.28% | +11.87% | +14.55% | +21.59% | — | — | — | +35.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.91% | Annual cost of a $10,000 investment | $91.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 186 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TRS SBAR 061527 | — | 57.67% | 133.46K | $3.4M |
| 2 | TRS SBAR 051427 | — | 13.72% | 31.76K | $804.7K |
| 3 | B 3/11/27 Govt | — | 3.27% | 195.00K | $191.7K |
| 4 | B 12/31/26 Govt | — | 1.35% | 80.00K | $79.3K |
| 5 | B 1/28/27 Govt | — | 0.84% | 50.00K | $49.4K |
| 6 | OPTION CARE HEALTH INC USD 0.0001 | OPCH | 0.75% | 1.41K | $43.8K |
| 7 | APOGEE ENTERPRISES INC USD 0.333 | APOG | 0.64% | 923 | $37.5K |
| 8 | HAEMONETICS CORP MASS USD 0.01 | HAE | 0.64% | 315 | $37.4K |
| 9 | RAPID7 INC USD 0.01 | RPD | 0.62% | 2.66K | $36.6K |
| 10 | BELLRING BRANDS INC NEW USD 0.01 | BRBR | 0.62% | 4.26K | $36.4K |
| 11 | NERDWALLET INC USD 0.0001 | NRDS | 0.62% | 3.73K | $36.3K |
| 12 | EMPIRE ST COM USD0.01 CL A | ESRT | 0.61% | 7.78K | $36.0K |
| 13 | STRIDE INC USD 0.0001 | LRN | 0.61% | 417 | $35.7K |
| 14 | ARDENT HEALTH INC | ARDT | 0.60% | 3.12K | $35.3K |
| 15 | PERDOCEO ED CORP USD 0.01 | PRDO | 0.60% | 1.04K | $35.2K |
| 16 | ZEVRA THERAPEUTICS INC USD 0.0001 | ZVRA | 0.60% | 3.08K | $35.0K |
| 17 | DXC TECHNOLOGY CO USD 0.01 | DXC | 0.60% | 2.82K | $35.0K |
| 18 | SKYWARD SPECIALTY INS GROU USD 0.01 | SKWD | 0.59% | 597 | $34.8K |
| 19 | PROGRESS S COM USD0.01 | PRGS | 0.59% | 885 | $34.8K |
| 20 | CNX RES CORP USD 0.01 | CNX | 0.59% | 1.02K | $34.7K |
| 21 | SM ENERGY CO USD 0.01 | SM | 0.59% | 939 | $34.7K |
| 22 | FRESHWORKS INC USD 0.00001 | FRSH | 0.59% | 2.49K | $34.7K |
| 23 | CLEAR SECURE INC USD 0.00001 | YOU | 0.59% | 798 | $34.7K |
| 24 | AMERICAN INTEGRITY INS GR USD 0.001 | AII | 0.59% | 1.29K | $34.6K |
| 25 | UNIVERSAL INS HLDGS INC USD 0.01 | UVE | 0.59% | 754 | $34.6K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.31% | Paid (last 12 months) | $0.7742 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 25, 2026 | Last payment | $0.1000 (Sep 30, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 25, 2026 | Sep 25, 2026 | Sep 30, 2026 | $0.1000 |
| Aug 26, 2026 | Aug 26, 2026 | Aug 31, 2026 | $0.0800 |
| Jul 28, 2026 | Jul 28, 2026 | Jul 31, 2026 | $0.0500 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 30, 2026 | $0.0500 |
| May 26, 2026 | May 26, 2026 | May 29, 2026 | $0.0500 |
| Apr 27, 2026 | Apr 27, 2026 | Apr 30, 2026 | $0.0500 |
| Mar 26, 2026 | Mar 26, 2026 | Mar 31, 2026 | $0.0500 |
| Feb 24, 2026 | Feb 24, 2026 | Feb 27, 2026 | $0.0500 |
| Jan 27, 2026 | Jan 27, 2026 | Jan 30, 2026 | $0.0500 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 31, 2025 | $0.2442 |
| Sep 25, 2025 | Sep 25, 2025 | Sep 30, 2025 | $0.0500 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 16.78% / — | Sharpe 1Y / 3Y | 1.42 / — |
| Max drawdown 1Y / 3Y | -9.31% / — | Sortino 1Y | 2.24 |
| Beta vs S&P 500 (3Y) | 1.08 | Correlation vs S&P 500 (1Y) | 0.725 |
| Downside deviation 1Y | 10.63% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 12, 2026. Formulas →
Liquidity
| Volume today | 10 | Average volume | 1.75K |
| AUM | $5.9M | Premium/Discount | -0.18% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $13.9K | +0.24% | $5.9M → $5.9M |
| 1 Month | -$777.9K | -11.66% | $6.7M → $5.9M |
| 1 Week | $31.6K | +0.54% | $5.9M → $5.9M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for LITL
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.