- CUSIP
- 82889N475
- Issuer
- Simplify
- Inception Date
- Apr 15, 2024
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- NEXT Intangible Core Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $40M
Share Price Chart
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Performance
NXTI Performance Chart
Simplify NEXT Intangible Core Index ETF (NXTI) is up 5.7% since the beginning of the year. NXTI is currently trading at $34 per share.
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Returns By Period
Simplify NEXT Intangible Core Index ETF (NXTI) has returned 5.73% so far this year and 16.01% over the past 12 months.
Simplify NEXT Intangible Core Index ETF
- 1D
- -0.08%
- 1M
- 2.12%
- YTD
- 5.73%
- 6M
- 3.60%
- 1Y
- 16.01%
- 3Y*
- —
- 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%
NXTI Monthly Returns History
Based on dividend-adjusted daily data since Apr 16, 2024, NXTI's average daily return is +0.07%, while the average monthly return is +1.42%. At this rate, an investment would double in approximately 4.1 years.
Historically, 59% of months were positive and 41% were negative. The best month was May 2026 with a return of +10.6%, while the worst month was Dec 2024 at -5.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NXTI closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +9.8%, while the worst single day was Apr 4, 2025 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.74% | -1.26% | -3.77% | 5.83% | 10.58% | -1.22% | 5.73% | ||||||
| 2025 | 5.80% | -1.23% | -5.45% | 2.57% | 5.37% | 3.14% | -0.63% | 2.46% | 4.42% | 0.68% | -1.66% | 0.67% | 16.73% |
| 2024 | -1.09% | 2.01% | 3.99% | 1.65% | 4.05% | 2.99% | -0.95% | 8.61% | -5.48% | 16.21% |
Benchmark Metrics
Simplify NEXT Intangible Core Index ETF has an annualized alpha of -0.48%, beta of 0.96, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since April 16, 2024.
- This ETF participated in 90.53% of S&P 500 Index downside but only 89.83% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.96 and R2 of 0.82, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.48%
- Beta
- 0.96
- R²
- 0.82
- Upside Capture
- 89.83%
- Downside Capture
- 90.53%
Expense Ratio
NXTI has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
NXTI ranks 28 for risk / return — below 28% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Simplify NEXT Intangible Core Index ETF (NXTI) 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.
| NXTI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.78 | -1.55 |
| Martin ratioReturn relative to average drawdown | 3.30 | 12.44 | -9.14 |
Dividends
Dividend History
Simplify NEXT Intangible Core Index ETF provided a 0.59% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.20 | $0.20 | $1.04 |
Dividend yield | 0.59% | 0.62% | 3.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify NEXT Intangible Core Index 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 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.20 |
| 2024 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.94 | $1.04 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify NEXT Intangible Core Index 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 NEXT Intangible Core Index ETF was 19.65%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.
The current Simplify NEXT Intangible Core Index ETF drawdown is 3.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -19.65%Apr 2025 | 1mo 18d | 2mo 23d | 4mo 11dFeb 2025 - Jun 2025 |
2026 correction2026 | -12.99%Mar 2026 | 3mo 18d | 1mo 23d | 5mo 11dDec 2025 - May 2026 |
2025 pullback2025 | -7.25%Nov 2025 | 23d | 20d | 1mo 13dOct 2025 - Dec 2025 |
2025 pullback2025 | -6.70%Jan 2025 | 1mo 6d | 25d | 2mo 1dDec 2024 - Feb 2025 |
2024 pullback2024 | -6.41%Aug 2024 | 19d | 10d | 29dJul 2024 - Aug 2024 |
Drawdown Indicators
| NXTI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -56.78% | +37.13% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -9.10% | -3.89% |
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 | -3.07% | -1.80% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -10.71% | +7.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 2.03% | +2.83% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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