SPD Simplify US Equity PLUS Downside Convexity ETF
Quote as of Aug 26, 2026 19:40 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 42.29 | Day Range | 42.30 – 42.32 |
| 52-Week Range | 35.72 – 43.93 | Volume | 3.27K |
| Avg Volume | 9.41K | AUM | $103.6M (Aug 26, 2026) |
| Expense Ratio | 0.53% | Yield (TTM) | 0.95% |
| NAV | 42.30 | Premium/Discount | +0.05% indicative |
| Inception | Sep 03, 2020 | Holdings | 40 |
| Issuer | Simplify | Exchange | AMEX |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 82889N202 | ISIN | US82889N2027 |
| Management | Not stated in source data | ||
About this ETF
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.
Description from the fund data provider · profile as of Aug 26, 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 | +3.53% | +1.67% | +8.69% | +7.73% | +10.86% | +16.06% | +6.05% | — | +9.32% |
| Total return | +3.53% | +1.90% | +9.25% | +8.27% | +12.00% | +17.48% | +7.50% | — | +10.72% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.53% | Annual cost of a $10,000 investment | $53.00 |
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 Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 26 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | ISHARES CORE S+P 500 ETF | IVV | 96.18% | 129.57K | $99.7M |
| 2 | TRS SBAR SOFR +100 051427 | — | 15.38% | 620.14K | $15.9M |
| 3 | TRS SBAR SOFR +95 061527 | — | 10.34% | 416.93K | $10.7M |
| 4 | B 09/01/26 Govt | — | 1.70% | 1.76M | $1.8M |
| 5 | SPXW US 11/20/26 P6525 Index | — | 0.70% | 212 | $728.2K |
| 6 | B 12/3/26 Govt | — | 0.52% | 540.00K | $534.4K |
| 7 | B 1/28/27 Govt | — | 0.50% | 530.00K | $521.3K |
| 8 | B 10/15/26 Govt | — | 0.48% | 500.00K | $497.4K |
| 9 | SPXW US 10/16/26 P6350 Index | — | 0.17% | 141 | $175.5K |
| 10 | SPXW US 10/16/26 C7860 Index | — | 0.15% | 18 | $152.1K |
| 11 | SPXW US 10/16/26 C7900 Index | — | 0.13% | 20 | $139.3K |
| 12 | SPXW US 11/20/26 C8250 Index | — | 0.07% | 22 | $75.0K |
| 13 | SPXW US 09/18/26 P6500 Index | — | 0.06% | 137 | $63.0K |
| 14 | SPXW US 11/20/26 C8350 Index | — | 0.04% | 17 | $37.4K |
| 15 | SPXW US 09/18/26 C7950 Index | — | 0.03% | 26 | $35.5K |
| 16 | SPXW US 09/18/26 C7975 Index | — | 0.03% | 28 | $29.3K |
| 17 | SPXW US 09/30/26 C8100 Index | — | 0.02% | 26 | $21.4K |
| 18 | SPXW US 08/28/26 C7850 Index | — | 0.02% | 118 | $21.2K |
| 19 | SPXW US 09/18/26 C8100 Index | — | 0.01% | 23 | $6.3K |
| 20 | SPXW US 08/28/26 C8050 Index | — | 0.00% | 67 | $1.0K |
| 21 | SPXW US 09/18/26 P6000 Index | — | -0.03% | -137 | -$30.5K |
| 22 | SPXW US 10/16/26 P5850 Index | — | -0.09% | -141 | -$95.9K |
| 23 | Cash | — | -0.16% | -161.83K | -$161.8K |
| 24 | SPXW US 11/20/26 P6150 Index | — | -0.46% | -212 | -$473.8K |
| 25 | TRS SBAR SOFR +95 061527 | — | -10.37% | -10.75M | -$10.7M |
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) | 0.95% | Paid (last 12 months) | $0.4000 |
| Frequency | Quarterly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jun 25, 2026 | Last payment | $0.1000 (Jun 30, 2026) |
| Growth 1Y | +11.11% | Growth 3Y / 5Y (ann.) | -6.34% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jun 25, 2026 | Jun 25, 2026 | Jun 30, 2026 | $0.1000 |
| Mar 26, 2026 | Mar 26, 2026 | Mar 31, 2026 | $0.1000 |
| Dec 23, 2025 | Dec 23, 2025 | Dec 31, 2025 | $0.1000 |
| Sep 25, 2025 | Sep 25, 2025 | Sep 30, 2025 | $0.1000 |
| Jun 25, 2025 | Jun 25, 2025 | Jun 30, 2025 | $0.1000 |
| Mar 26, 2025 | Mar 26, 2025 | Mar 31, 2025 | $0.0800 |
| Dec 23, 2024 | Dec 23, 2024 | Dec 31, 2024 | $0.1000 |
| Sep 25, 2024 | Sep 25, 2024 | Sep 30, 2024 | $0.0800 |
| Jun 25, 2024 | Jun 25, 2024 | Jun 28, 2024 | $0.1000 |
| Mar 25, 2024 | Mar 26, 2024 | Mar 28, 2024 | $0.1000 |
| Dec 26, 2023 | Dec 27, 2023 | Dec 29, 2023 | $0.1585 |
| Sep 27, 2023 | Sep 28, 2023 | Sep 29, 2023 | $0.1000 |
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 | 13.52% / 17.31% | Sharpe 1Y / 3Y | 0.692 / 0.902 |
| Max drawdown 1Y / 3Y | -11.92% / -15.21% | Sortino 1Y | 1.04 |
| Beta vs S&P 500 (3Y) | 0.932 | Correlation vs S&P 500 (1Y) | 0.947 |
| Downside deviation 1Y | 9.01% | Risk-free rate used | 3.72% (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 Aug 26, 2026. Formulas →
Liquidity
| Volume today | 3.27K | Average volume | 9.41K |
| AUM | $103.6M | Premium/Discount | +0.05% |
| 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 | $0.00 | 0.00% | $103.6M → $103.6M |
| 1 Week | -$1.4M | -1.33% | $105.7M → $103.6M |
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 SPD
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.