SPD
·NYSE
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Key Stats
Assets Under Management
113.35MUSD
Fund Flows (1Y)
-32.94MUSD
Dividend Yield
0.75%
Discount/Premium to NAV
-0.05%
Shares Outstanding
2.90M
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 | +3.45% | +3.20% | +18.50% | +16.47% | +63.45% | +50.94% |
NAV Total Return | +3.50% | -0.93% | +18.54% | +16.78% | +66.71% | +0.40% |
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
36.88%
Financial Services
12.58%
Consumer Cyclical
10.66%
Communication Services
10.38%
Healthcare
8.96%
Industrials
7.40%
Consumer Defensive
4.68%
Energy
2.79%
Utilities
2.34%
Technology
36.88%
Financial Services
12.58%
Consumer Cyclical
10.66%
Communication Services
10.38%
Healthcare
8.96%
Industrials
7.40%
Consumer Defensive
4.68%
Energy
2.79%
Utilities
2.34%
Show more
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
99.42%
SPXW US 03/20/26 P5800 Index
0.64%
SPXW US 12/31/25 C6925 Index
0.22%
SPXW US 12/23/25 C6885 Index
0.11%
SPXW US 12/26/25 C6900 Index
0.10%
SPXW US 01/02/26 C6885 Index
0.08%
SPXW US 01/16/26 P6000 Index
0.06%
SPXW US 12/23/25 P6830 Index
0.03%
SPXW US 01/16/26 P5700 Index
-0.03%
Cash
-0.18%
Top 10 Weight 100.44%
11 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 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 |
| 2024-03-25 | 2024-03-26 | 2024-03-28 | 0.100 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
