SPD Simplify US Equity PLUS Downside Convexity ETF
Quote as of Oct 09, 2026 19:57 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 41.97 | Day Range | 42.16 – 42.37 |
| 52-Week Range | 35.72 – 43.93 | Volume | 11.09K |
| Avg Volume | 8.04K | AUM | $103.0M (Oct 10, 2026) |
| Expense Ratio | 0.53% | Yield (TTM) | 1.18% |
| NAV | 42.06 | Premium/Discount | +0.70% 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 Oct 10, 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 | +0.98% | +1.22% | +12.36% | +7.87% | +6.94% | +16.75% | +6.62% | — | +9.15% |
| Total return | +0.98% | +1.22% | +12.63% | +8.42% | +7.76% | +18.02% | +8.03% | — | +10.52% |
* 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 | 0.53% | 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 Oct 10, 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 | 91.45% | 127.82K | $100.0M |
| 2 | TRS SBAR 051427 | — | 14.38% | 620.14K | $15.7M |
| 3 | TRS SBAR 061527 | — | 9.67% | 416.93K | $10.6M |
| 4 | S&P500 EMINI FUT DEC26 | — | 5.03% | 14 | $5.5M |
| 5 | B 1/28/27 Govt | — | 1.80% | 1.99M | $2.0M |
| 6 | Cash | — | 0.60% | 659.18K | $659.2K |
| 7 | B 12/3/26 Govt | — | 0.49% | 540.00K | $537.0K |
| 8 | SPXW US 11/20/26 P7050 Index | — | 0.21% | 131 | $227.3K |
| 9 | SPXW US 11/20/26 P6525 Index | — | 0.15% | 212 | $167.5K |
| 10 | SPXW US 11/20/26 C8000 Index | — | 0.11% | 20 | $116.9K |
| 11 | SPXW US 11/30/26 C8150 Index | — | 0.08% | 29 | $87.0K |
| 12 | SPXW US 12/18/26 C8275 Index | — | 0.07% | 24 | $75.4K |
| 13 | SPXW US 12/18/26 C8250 Index | — | 0.07% | 21 | $73.4K |
| 14 | SPXW US 11/13/26 C8100 Index | — | 0.06% | 28 | $60.5K |
| 15 | SPXW US 11/30/26 C8250 Index | — | 0.04% | 29 | $44.8K |
| 16 | SPXW US 10/16/26 C7860 Index | — | 0.03% | 18 | $36.3K |
| 17 | SPXW US 11/20/26 C8150 Index | — | 0.03% | 15 | $33.2K |
| 18 | SPXW US 11/20/26 C8250 Index | — | 0.02% | 22 | $23.1K |
| 19 | SPXW US 10/16/26 C7900 Index | — | 0.02% | 20 | $20.0K |
| 20 | SPXW US 11/20/26 C8350 Index | — | 0.01% | 17 | $8.7K |
| 21 | SPXW US 10/16/26 P6350 Index | — | 0.00% | 141 | $3.2K |
| 22 | SPXW US 10/16/26 P5850 Index | — | 0.00% | -141 | -$1.8K |
| 23 | SPXW US 11/20/26 P6150 Index | — | -0.10% | -212 | -$107.1K |
| 24 | SPXW US 11/20/26 P6675 Index | — | -0.12% | -131 | -$125.8K |
| 25 | TRS SBAR 061527 | — | -9.69% | -10.59M | -$10.6M |
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) | 1.18% | Paid (last 12 months) | $0.5000 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 25, 2026 | Last payment | $0.2000 (Sep 30, 2026) |
| Growth 1Y | +31.58% | Growth 3Y / 5Y (ann.) | -5.20% / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 25, 2026 | Sep 25, 2026 | Sep 30, 2026 | $0.2000 |
| 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 |
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 | 13.55% / 17.37% | Sharpe 1Y / 3Y | 0.556 / 0.904 |
| Max drawdown 1Y / 3Y | -11.92% / -15.21% | Sortino 1Y | 0.853 |
| Beta vs S&P 500 (3Y) | 0.94 | Correlation vs S&P 500 (1Y) | 0.948 |
| Downside deviation 1Y | 8.84% | 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 11, 2026. Formulas →
Liquidity
| Volume today | 11.09K | Average volume | 8.04K |
| AUM | $103.0M | Premium/Discount | +0.70% |
| 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 | -$609.5K | -0.59% | $103.6M → $103.0M |
| 1 Month | -$619.5K | -0.60% | $102.8M → $103.0M |
| 1 Week | $112.6K | +0.11% | $101.9M → $103.0M |
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.