SPD
Simplify US Equity PLUS Downside Convexity ETF·ARCA
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Key Stats
Assets Under Management
116.93MUSD
Fund Flows (1Y)
-26.10MUSD
Dividend Yield
0.97%
Discount/Premium to NAV
0.17%
Shares Outstanding
2.98M
Expense Ratio
0.53%
About Simplify US Equity PLUS Downside Convexity ETF
Issuer
Simplify Asset Management Inc.
Brand
Simplify
Inception Date
Sep 3, 2020
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Simplify Asset Management, Inc.
Distributor
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SPD is one of the first ETFs to launch from Simplify. The fund is actively managed and seeks capital appreciation by investing the bulk of portfolio assets in ETFs providing exposure to the S&P 500 Index combined with a modest allocation in a put option overlay. The option strategy is designed to provide downside protection without capping any upside participation, or in other words, creates downside convexity in the fund. The specific put option contracts are selected strategically based on the adviser's evaluation of relative value, strike price and maturity. Investors should anticipate a non-linear relationship between the fund's and market returns. Meaning, by exercising put options, the fund adviser expects the fund's return to fall less than the market. It is important to note that the fund's goal of protection against losses is not guaranteed.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -1.40% | -0.40% | -0.08% | +18.55% | +53.43% | +41.11% |
NAV Total Return | -3.59% | -1.99% | -2.06% | +12.76% | +55.30% | +46.45% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
35.09%
Financial Services
13.13%
Communication Services
10.89%
Consumer Cyclical
10.55%
Healthcare
9.59%
Industrials
7.50%
Consumer Defensive
4.71%
Energy
2.81%
Utilities
2.25%
Technology
35.09%
Financial Services
13.13%
Communication Services
10.89%
Consumer Cyclical
10.55%
Healthcare
9.59%
Industrials
7.50%
Consumer Defensive
4.71%
Energy
2.81%
Utilities
2.25%
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Asset
Region
99.61%
0.39%
Category
Ratio
North America
99.61%
Europe
0.39%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
IVV
iShares Core S&P 500 ETF
99.33%
SPXW US 04/17/26 P5900 Index
0.45%
SPXW US 03/20/26 P5800 Index
0.25%
SPXW US 04/17/26 C7275 Index
0.17%
SPXW US 02/20/26 C7100 Index
0.14%
SPXW US 03/20/26 C7275 Index
0.10%
SPXW US 03/31/26 C7350 Index
0.06%
SPXW US 04/17/26 C7380 Index
0.04%
SPXW US 03/20/26 C7360 Index
0.03%
NDXP US 02/13/26 P23100 Index
0.01%
Top 10 Weight 100.58%
17 Total Holdings
Is SPY better than SPD?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-31 | 0.100 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.100 |
| 2025-06-25 | 2025-06-25 | 2025-06-30 | 0.100 |
| 2025-03-26 | 2025-03-26 | 2025-03-31 | 0.080 |
| 2024-12-23 | 2024-12-23 | 2024-12-31 | 0.100 |
| 2024-09-25 | 2024-09-25 | 2024-09-30 | 0.080 |
| 2024-06-25 | 2024-06-25 | 2024-06-28 | 0.100 |
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How Much Does SPD Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy SPD?
Fund Flows
