Simplify US Equity PLUS GBTC ETF (SPBC)
SPBC is an actively managed ETF by Simplify Asset Management Inc.. SPBC launched on May 24, 2021 and has a 0.50% expense ratio.
ETF Info
| Issuer | Simplify Asset Management Inc. |
|---|---|
| Inception Date | May 24, 2021 |
| Region | North America (U.S.) |
| Category | Diversified Portfolio, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Multi-Asset |
Expense Ratio
SPBC has a high expense ratio of 0.50%, indicating higher-than-average management fees.
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.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify US Equity PLUS GBTC 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 US Equity PLUS GBTC ETF had a return of 10.85% year-to-date (YTD) and 39.32% in the last 12 months. Over the past 10 years, Simplify US Equity PLUS GBTC ETF had an annualized return of 16.39%, outperforming the S&P 500 benchmark which had an annualized return of 10.41%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.85% | 6.17% |
| 1 month | -6.63% | -2.72% |
| 6 months | 28.06% | 17.29% |
| 1 year | 39.32% | 23.80% |
| 5 years (annualized) | 5.23% | 11.47% |
| 10 years (annualized) | 16.39% | 10.41% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.18% | 10.18% | 4.96% | -6.21% | ||||||||
| 2023 | 1.59% | 10.23% | 5.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SPBC is 93, placing it in the top 7% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Simplify US Equity PLUS GBTC ETF(SPBC)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Simplify US Equity PLUS GBTC ETF granted a 0.95% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.30 | $1.08 | $0.12 | $0.47 |
Dividend yield | 0.95% | 3.79% | 0.60% | 1.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify US Equity PLUS GBTC 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.04 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.42 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify US Equity PLUS GBTC 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 US Equity PLUS GBTC ETF was 33.81%, occurring on Oct 14, 2022. Recovery took 289 trading sessions.
The current Simplify US Equity PLUS GBTC ETF drawdown is 7.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.81% | Nov 10, 2021 | 234 | Oct 14, 2022 | 289 | Dec 8, 2023 | 523 |
| -19.02% | May 5, 2011 | 78 | Nov 2, 2011 | 58 | Mar 27, 2012 | 136 |
| -16.65% | Sep 18, 2014 | 32 | Jun 18, 2021 | 99 | Nov 8, 2021 | 131 |
| -16.65% | Aug 22, 2012 | 16 | Sep 19, 2012 | 21 | Dec 3, 2012 | 37 |
| -8.25% | Sep 10, 2013 | 45 | Nov 25, 2013 | 75 | May 6, 2014 | 120 |
Volatility
Volatility Chart
The current Simplify US Equity PLUS GBTC ETF volatility is 4.41%, 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.