Simplify Opportunistic Income ETF (CRDT)
CRDT is an actively managed ETF by Simplify. CRDT launched on Jun 26, 2023 and has a 0.50% expense ratio.
ETF Info
| ISIN | US97717X6931 |
|---|---|
| Issuer | Simplify |
| Inception Date | Jun 26, 2023 |
| Region | Global (Broad) |
| Category | Multisector Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
CRDT features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CRDT vs. CDX, CRDT vs. BUCK, CRDT vs. BND, CRDT vs. CLOZ, CRDT vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify Opportunistic Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Simplify Opportunistic Income ETF had a return of 3.50% year-to-date (YTD) and 7.50% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.50% | 25.82% |
| 1 month | -0.08% | 3.20% |
| 6 months | 3.63% | 14.94% |
| 1 year | 7.50% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of CRDT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.00% | 1.02% | -1.29% | -1.04% | 0.58% | 0.66% | 2.65% | 1.03% | 0.63% | -1.07% | 3.50% | ||
| 2023 | -0.06% | 0.67% | 1.19% | 0.42% | -1.69% | 2.34% | 2.23% | 5.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CRDT is 48, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify Opportunistic Income ETF (CRDT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Simplify Opportunistic Income ETF provided a 7.42% dividend yield over the last twelve months, with an annual payout of $1.85 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $1.85 | $0.66 |
Dividend yield | 7.42% | 2.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Opportunistic 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.16 | $0.16 | $0.16 | $0.16 | $0.00 | $1.54 | |
| 2023 | $0.10 | $0.10 | $0.15 | $0.15 | $0.16 | $0.66 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify Opportunistic 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 Opportunistic Income ETF was 2.85%, occurring on May 29, 2024. Recovery took 41 trading sessions.
The current Simplify Opportunistic Income ETF drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.85% | Mar 4, 2024 | 61 | May 29, 2024 | 41 | Jul 29, 2024 | 102 |
| -2.05% | Sep 15, 2023 | 31 | Oct 27, 2023 | 12 | Nov 14, 2023 | 43 |
| -1.81% | Oct 16, 2024 | 12 | Oct 31, 2024 | — | — | — |
| -1.69% | Sep 25, 2024 | 11 | Oct 9, 2024 | 4 | Oct 15, 2024 | 15 |
| -1.52% | Aug 9, 2024 | 8 | Aug 20, 2024 | 13 | Sep 9, 2024 | 21 |
Volatility
Volatility Chart
The current Simplify Opportunistic Income ETF volatility is 2.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.