- Issuer
- Simplify
- Inception Date
- Mar 4, 2024
- Category
- India Equities, Asia Pacific Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $7M
Highlights
- Avg. Volume (1M)
- 6K
- Avg. Volume Value (1M)
- $149.59K
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
IOPP Performance Chart
Simplify Tara India Opportunities ETF (IOPP) is down 1.5% since the beginning of the year. IOPP is currently trading at $27 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
Simplify Tara India Opportunities ETF (IOPP) has returned -1.52% so far this year and -0.44% over the past 12 months.
Simplify Tara India Opportunities ETF
- 1D
- 0.24%
- 1M
- 2.09%
- 6M
- 3.42%
- YTD
- -1.52%
- 1Y
- -0.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.86%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
IOPP Monthly Returns History
Based on dividend-adjusted daily data since Mar 5, 2024, IOPP's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Mar 2025 with a return of +8.1%, while the worst month was Mar 2026 at -9.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, IOPP closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.2%, while the worst single day was Apr 4, 2025 at -4.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.78% | 1.42% | -9.86% | 6.36% | 0.95% | 2.30% | 3.00% | -1.52% | |||||
| 2025 | -5.94% | -8.42% | 8.14% | 4.01% | 3.03% | 2.89% | -1.83% | 1.54% | -1.41% | 1.52% | -0.98% | 0.38% | 1.86% |
| 2024 | 0.08% | 3.24% | 1.02% | 7.85% | 3.53% | 3.98% | 3.26% | -5.60% | -1.22% | -2.05% | 14.31% |
Benchmark Metrics
Simplify Tara India Opportunities ETF has an annualized alpha of -1.25%, beta of 0.49, and R2 of 0.22 versus S&P 500 Index. Calculated based on daily prices since March 05, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (26.46%) than losses (23.87%) - typical of diversified or defensive assets.
- Beta of 0.49 may look defensive, but with R2 of 0.22 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 0.22 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
- -1.25%
- Beta
- 0.49
- R²
- 0.22
- Upside Capture
- 26.46%
- Downside Capture
- 23.87%
Expense Ratio
IOPP has an expense ratio of 0.73%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IOPP ranks 11 for risk / return — above 11% of ETFs peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Simplify Tara India Opportunities ETF (IOPP) 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.
| IOPP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.25 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 2.00 | -2.03 |
| Martin ratioReturn relative to average drawdown | -0.07 | 8.49 | -8.56 |
Dividends
Dividend History
Simplify Tara India Opportunities ETF provided a 0.37% dividend yield over the last twelve months, with an annual payout of $0.10 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.10 | $0.08 | $1.86 |
Dividend yield | 0.37% | 0.29% | 6.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Tara India Opportunities 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 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.10 | |||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2024 | $1.86 | $1.86 |
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 Tara India Opportunities 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 Tara India Opportunities ETF was 23.67%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current Simplify Tara India Opportunities ETF drawdown is 10.05%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-23.67%Mar 2026 | 1y 6mo | — | 1y 10moSep 2024 - now | — |
-4.60%Mar 2024 | 11d | 14d | 25dMar 2024 - Apr 2024 | — |
-3.91%Aug 2024 | 6d | 11d | 17dJul 2024 - Aug 2024 | — |
-3.71%Jun 2024 | 1d | 3d | 3dJun 2024 - Jun 2024 | — |
-2.34%Apr 2024 | 5d | 8d | 13dApr 2024 - Apr 2024 | — |
Drawdown Indicators
| IOPP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.67% | -56.78% | +33.11% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -9.10% | -10.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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 | -10.05% | -1.58% | -8.47% |
Average DrawdownAverage peak-to-trough decline | -9.10% | -10.70% | +1.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 2.14% | +5.75% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with IOPP
Add Simplify Tara India Opportunities 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 IOPP