- ISIN
- US82889N6408
- Issuer
- Simplify
- Inception Date
- Oct 27, 2022
- Region
- North America (U.S.)
- Category
- Government Bonds, Ultrashort Bond, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $466M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BUCK Performance Chart
Simplify Treasury Option Income ETF (BUCK) is up 2.1% since the beginning of the year. BUCK is currently trading at $24 per share.
Loading charts...
Returns By Period
Simplify Treasury Option Income ETF (BUCK) has returned 2.07% so far this year and 6.97% over the past 12 months.
Simplify Treasury Option Income ETF
- 1D
- -0.09%
- 1M
- 0.17%
- YTD
- 2.07%
- 6M
- 2.14%
- 1Y
- 6.97%
- 3Y*
- 5.23%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BUCK Monthly Returns History
Based on dividend-adjusted daily data since Oct 28, 2022, BUCK's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, an investment would double in approximately 14.1 years.
Historically, 89% of months were positive and 11% were negative. The best month was Aug 2025 with a return of +1.9%, while the worst month was Apr 2025 at -3.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 1 months.
On a daily basis, BUCK closed higher 55% of trading days. The best single day was Jul 22, 2025 with a return of +0.8%, while the worst single day was Apr 10, 2025 at -2.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.57% | 0.27% | 0.13% | 0.53% | 0.25% | 0.30% | 2.07% | ||||||
| 2025 | 0.88% | 0.59% | 0.94% | -3.36% | 0.01% | 1.02% | 0.47% | 1.91% | 0.42% | 0.38% | 0.70% | 0.21% | 4.13% |
| 2024 | 0.58% | 1.89% | 0.72% | -1.03% | 0.49% | 0.69% | 0.45% | 1.31% | 0.53% | -0.37% | 1.44% | 0.37% | 7.25% |
| 2023 | 0.52% | 0.28% | 0.25% | 0.51% | 0.48% | 0.40% | 0.44% | 0.20% | 0.70% | 0.32% | -0.08% | 0.52% | 4.63% |
| 2022 | 0.00% | 0.18% | 0.41% | 0.59% |
Benchmark Metrics
Simplify Treasury Option Income ETF has an annualized alpha of 4.65%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since October 28, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.98%) than losses (0.36%) - typical of diversified or defensive assets.
- Beta of 0.03 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.65%
- Beta
- 0.03
- R²
- 0.01
- Upside Capture
- 13.98%
- Downside Capture
- 0.36%
Expense Ratio
BUCK has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BUCK ranks 86 for risk / return — in the top 86% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Simplify Treasury Option Income ETF (BUCK) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BUCK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 5.35 | 2.78 | +2.57 |
| Martin ratioReturn relative to average drawdown | 28.90 | 12.44 | +16.46 |
Dividends
Dividend History
Simplify Treasury Option Income ETF provided a 7.40% dividend yield over the last twelve months, with an annual payout of $1.74 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $1.74 | $1.80 | $2.17 | $1.21 | $0.15 |
Dividend yield | 7.40% | 7.59% | 8.84% | 4.84% | 0.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Treasury Option Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.15 | $0.14 | $0.14 | $0.14 | $0.12 | $0.00 | $0.69 | ||||||
| 2025 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $1.80 |
| 2024 | $0.20 | $0.25 | $0.25 | $0.14 | $0.14 | $0.20 | $0.20 | $0.20 | $0.20 | $0.14 | $0.14 | $0.11 | $2.17 |
| 2023 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $1.21 |
| 2022 | $0.04 | $0.11 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify Treasury Option Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Simplify Treasury Option Income ETF was 5.43%, occurring on Apr 11, 2025. Recovery took 105 trading sessions.
The current Simplify Treasury Option Income ETF drawdown is 0.09%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -5.43%Apr 2025 | 8d | 5mo 4d | 5mo 12dApr 2025 - Sep 2025 |
2024 pullback2024 | -2.03%Apr 2024 | 15d | 2mo 5d | 2mo 20dApr 2024 - Jun 2024 |
2024 pullback2024 | -0.86%Dec 2024 | 10d | 23d | 1mo 3dDec 2024 - Jan 2025 |
2024 pullback2024 | -0.81%Oct 2024 | 4d | 11d | 15dOct 2024 - Nov 2024 |
2024 pullback2024 | -0.76%Jun 2024 | 1d | 24d | 25dJun 2024 - Jul 2024 |
Drawdown Indicators
| BUCK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.43% | -56.78% | +51.35% |
Max Drawdown (1Y)Largest decline over 1 year | -1.31% | -9.10% | +7.79% |
Max Drawdown (3Y)Largest decline over 3 years | -5.43% | -18.90% | +13.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.09% | -1.80% | +1.71% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -10.71% | +10.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 2.03% | -1.79% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BUCK
Add Simplify Treasury Option Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BUCK