Simplify Health Care ETF (PINK)
PINK is an actively managed ETF by Simplify. PINK launched on Oct 7, 2021 and has a 0.50% expense ratio.
ETF Info
| ISIN | US82889N7729 |
|---|---|
| Issuer | Simplify |
| Inception Date | Oct 7, 2021 |
| Region | North America (U.S.) |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
PINK features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PINK vs. ^SP500TR, PINK vs. XLV, PINK vs. SPY, PINK vs. PPH, PINK vs. XBI, PINK vs. IBB, PINK vs. ^GSPC, PINK vs. IYH, PINK vs. SPMO, PINK vs. XLF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify Health Care 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 Health Care ETF had a return of 17.45% year-to-date (YTD) and 33.70% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 17.45% | 25.45% |
| 1 month | -0.59% | 2.91% |
| 6 months | 8.01% | 14.05% |
| 1 year | 33.70% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of PINK, 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 | 4.13% | 4.67% | 3.86% | -6.34% | 3.07% | 5.29% | 2.87% | 2.32% | -0.61% | -3.02% | 17.45% | ||
| 2023 | -2.06% | -5.11% | 1.64% | 3.44% | -3.85% | 6.80% | 1.42% | -2.54% | -4.16% | -4.74% | 5.10% | 9.09% | 3.80% |
| 2022 | -9.59% | 2.06% | 5.33% | -5.90% | 0.20% | -3.68% | 5.01% | -4.42% | -3.75% | 9.89% | 4.51% | -2.40% | -4.41% |
| 2021 | 5.83% | -2.59% | 8.84% | 12.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PINK is 71, 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 Health Care ETF (PINK) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Simplify Health Care ETF provided a 0.50% dividend yield over the last twelve months, with an annual payout of $0.16 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.16 | $0.26 | $0.11 | $0.01 |
Dividend yield | 0.50% | 0.94% | 0.42% | 0.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Health Care 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 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | |
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.11 |
| 2021 | $0.01 | $0.01 |
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 Health Care 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 Health Care ETF was 18.45%, occurring on Jun 16, 2022. Recovery took 391 trading sessions.
The current Simplify Health Care ETF drawdown is 3.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.45% | Apr 21, 2022 | 40 | Jun 16, 2022 | 391 | Jan 8, 2024 | 431 |
| -12.98% | Dec 31, 2021 | 19 | Jan 27, 2022 | 50 | Apr 8, 2022 | 69 |
| -7.15% | Apr 1, 2024 | 15 | Apr 19, 2024 | 43 | Jun 21, 2024 | 58 |
| -4.52% | Sep 20, 2024 | 32 | Nov 4, 2024 | — | — | — |
| -4.24% | Jul 30, 2024 | 7 | Aug 7, 2024 | 9 | Aug 20, 2024 | 16 |
Volatility
Volatility Chart
The current Simplify Health Care ETF volatility is 4.30%, 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.