Simplify Equity Plus Etf Profile
| SPD Etf | USD 30.10 0.40 1.31% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Simplify Equity is trading at 30.10 as of the 1st of May 2024, a -1.31 percent decrease since the beginning of the trading day. The etf's lowest day price was 30.1. Simplify Equity has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Simplify Equity PLUS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of March 2024 and ending today, the 1st of May 2024. Click here to learn more.
The adviser seeks to achieve the funds investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Simplify is traded on NYSEARCA Exchange in the United States. More on Simplify Equity PLUS
Moving together with Simplify Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.96 | SPY | SPDR SP 500 | PairCorr |
| 0.99 | IVV | iShares Core SP | PairCorr |
| 0.95 | VIG | Vanguard Dividend | PairCorr |
| 0.97 | VV | Vanguard Large Cap | PairCorr |
| 0.95 | RSP | Invesco SP 500 | PairCorr |
| 0.92 | IWB | iShares Russell 1000 | PairCorr |
Simplify Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Simplify Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Simplify Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Nathan Tewalt |
| Thematic Ideas | (View all Themes) |
| Old Names | [Frasers Group plc, SPD] |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Blend, Simplify Asset Management (View all Sectors) |
| Issuer | Simplify Asset Management |
| Inception Date | 2020-09-03 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 95.74 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Simplify Asset Management Inc. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Kim, David Berns |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Jan |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 11.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 0.54 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 6.48 |
| Name | Simplify US Equity PLUS Downside Convexity ETF |
| Currency Code | USD |
| Open Figi | BBG00X4STRP3 |
| In Threey Volatility | 14.03 |
| 1y Volatility | 12.75 |
| 200 Day M A | 28.4481 |
| 50 Day M A | 30.715 |
| Code | SPD |
| Updated At | 30th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.23 |
| Type | ETF |
Simplify Equity PLUS [SPD] is traded in USA and was established 2020-09-03. The fund is classified under Large Blend category within Simplify Asset Management family. The entity is thematically classified as Large Cap ETFs. Simplify Equity PLUS at this time have 454.15 M in assets. , while the total return for the last 3 years was 2.3%.
Check Simplify Equity Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Simplify Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Simplify Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Simplify Equity PLUS Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Simplify Equity PLUS Etf Constituents
| IVV | iShares Core SP | Etf | Large Blend |
Simplify Equity Target Price Odds Analysis
What are Simplify Equity's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Simplify Equity jumping above the current price in 90 days from now is about 73.04%. The Simplify Equity PLUS probability density function shows the probability of Simplify Equity etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Simplify Equity has a beta of 0.9011. This usually implies Simplify Equity PLUS market returns are highly-sensitive to returns on the market. As the market goes up or down, Simplify Equity is expected to follow. Additionally, simplify Equity PLUS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Simplify Equity to move above the current price in 90 days from now is about 73.04 (This Simplify Equity PLUS probability density function shows the probability of Simplify Etf to fall within a particular range of prices over 90 days) .
Simplify Equity Top Holders
| SRGIX | Stringer Growth Fund | Mutual Fund | Tactical Allocation |
| SRGCX | Stringer Growth Fund | Mutual Fund | Tactical Allocation |
| SRGAX | Stringer Growth Fund | Mutual Fund | Tactical Allocation |
Simplify Equity PLUS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Simplify Equity market risk premium is the additional return an investor will receive from holding Simplify Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Simplify Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Simplify Equity's alpha and beta are two of the key measurements used to evaluate Simplify Equity's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.03) |
Simplify Equity Against Markets
Picking the right benchmark for Simplify Equity etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Simplify Equity etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Simplify Equity is critical whether you are bullish or bearish towards Simplify Equity PLUS at a given time. Please also check how Simplify Equity's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Simplify Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Simplify Etf?
Before investing in Simplify Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Simplify Equity. To buy Simplify Equity etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Simplify Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Simplify Equity etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Simplify Equity PLUS etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Simplify Equity PLUS etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Simplify Equity PLUS, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Simplify Etf please use our How to Invest in Simplify Equity guide.
Already Invested in Simplify Equity PLUS?
The danger of trading Simplify Equity PLUS is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Simplify Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Simplify Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Simplify Equity PLUS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Simplify Equity PLUS offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Simplify Equity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Simplify Equity Plus Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Simplify Equity Plus Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simplify Equity PLUS. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of Simplify Equity PLUS is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Equity's value that differs from its market value or its book value, called intrinsic value, which is Simplify Equity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simplify Equity's market value can be influenced by many factors that don't directly affect Simplify Equity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simplify Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.