SPYC
Simplify US Equity PLUS Convexity ETF·ARCA
--
--(--)
--
--(--)
Key Stats
Assets Under Management
97.24MUSD
Fund Flows (1Y)
16.30MUSD
Dividend Yield
0.89%
Discount/Premium to NAV
0.19%
Shares Outstanding
2.28M
Expense Ratio
0.53%
About Simplify US Equity PLUS Convexity ETF
Issuer
Simplify Asset Management Inc.
Brand
Simplify
Inception Date
Sep 3, 2020
Structure
Open-Ended Fund
Index Tracked
--
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
--
SPYC is one of the first ETFs issued by Simplify. It aims to provide capital appreciation by primarily investing in ETFs that has exposure to the S&P 500 Index combined with option overlay strategy. The fund has the potential to allocate up to 20% of its assets to the option overlay strategy, which involves purchasing both exchange-traded and over-the-counter (OTC) put and call options on the S&P 500 Index, or any S&P 500 Index ETF. In essence, the option overlay straddles the index, looking to enhance returns in volatile markets. The fund's returns are intended to possess convexity because the relationship between the fund's returns and the market returns are designed to be non-linear. The Fund may purchase or sell options more frequently in addition to its normal rebalancing requirements and option expiration dates. The convex strategy presumes if market returns go up and down in a linear fashion, the fund's returns will rise faster than the market in bullish markets while declining less in bearish markets. Convex strategies tend to lag during quiet markets.
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 | -1.81% | -1.24% | +0.27% | +10.10% | +57.55% | +51.70% |
NAV Total Return | -4.24% | -2.40% | -2.48% | +8.27% | +59.61% | +56.98% |
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%
Show more
Asset
Region
99.61%
0.39%
Category
Ratio
North America
99.61%
Europe
0.39%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Blend
Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.
Top 10 Holdings
Symbol
Ratio
IVV
iShares Core S&P 500 ETF
99.24%
SPXW US 04/17/26 C7275 Index
0.25%
SPXW US 04/17/26 P5900 Index
0.23%
SPXW US 02/20/26 C7100 Index
0.20%
SPXW US 03/20/26 C7275 Index
0.15%
SPXW US 03/20/26 P5800 Index
0.13%
SPXW US 03/31/26 C7350 Index
0.09%
SPXW US 04/17/26 C7380 Index
0.06%
SPXW US 03/20/26 C7360 Index
0.05%
NDXP US 02/13/26 P23100 Index
0.01%
Top 10 Weight 100.41%
17 Total Holdings
Is SPY better than SPYC?
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 |
Show more
How Much Does SPYC Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy SPYC?
Fund Flows
