Simplify US Equity PLUS Downside Convexity ETF (SPD)
SPD is an actively managed ETF by Simplify Asset Management Inc.. SPD launched on Sep 3, 2020 and has a 0.28% expense ratio.
ETF Info
| Issuer | Simplify Asset Management Inc. |
|---|---|
| Inception Date | Sep 3, 2020 |
| Region | North America (U.S.) |
| Category | Large Cap Blend Equities, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Expense Ratio
SPD features an expense ratio of 0.28%, 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: SPD vs. SPY, SPD vs. SPUC, SPD vs. IHI, SPD vs. VOO, SPD vs. hasi, SPD vs. XBI, SPD vs. VTV, SPD vs. csiq, SPD vs. IBB, SPD vs. RYLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify US Equity PLUS Downside Convexity 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 Downside Convexity ETF had a return of 21.78% year-to-date (YTD) and 31.19% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.78% | 25.82% |
| 1 month | 2.88% | 3.20% |
| 6 months | 12.07% | 14.94% |
| 1 year | 31.19% | 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 SPD, 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 | 1.54% | 4.97% | 1.82% | -3.18% | 4.37% | 3.20% | 1.11% | 0.37% | 2.29% | -1.09% | 21.78% | ||
| 2023 | 5.61% | -2.38% | 2.65% | 1.56% | -0.08% | 6.03% | 2.90% | -1.78% | -4.65% | -2.15% | 8.17% | 4.13% | 20.94% |
| 2022 | -4.96% | -3.35% | 2.71% | -7.59% | -0.66% | -7.44% | 5.18% | -2.87% | -2.18% | -2.76% | 0.51% | -5.43% | -25.96% |
| 2021 | -0.52% | 1.91% | 3.57% | 4.95% | 2.53% | 0.14% | 2.15% | 2.74% | -4.12% | 4.73% | 1.04% | 3.61% | 24.81% |
| 2020 | -1.96% | -2.76% | 9.91% | 3.79% | 8.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SPD is 77, placing it in the top 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify US Equity PLUS Downside Convexity ETF (SPD) 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 Downside Convexity ETF provided a 1.26% dividend yield over the last twelve months, with an annual payout of $0.44 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.44 | $0.55 | $0.40 | $0.29 | $0.12 |
Dividend yield | 1.26% | 1.91% | 1.65% | 0.88% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify US Equity PLUS Downside Convexity 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 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.28 | |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.55 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.29 |
| 2020 | $0.12 | $0.12 |
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 US Equity PLUS Downside Convexity 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 Downside Convexity ETF was 27.38%, occurring on Dec 28, 2022. Recovery took 365 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.38% | Dec 28, 2021 | 253 | Dec 28, 2022 | 365 | Jun 12, 2024 | 618 |
| -7.23% | Oct 13, 2020 | 14 | Oct 30, 2020 | 6 | Nov 9, 2020 | 20 |
| -7.02% | Jul 17, 2024 | 16 | Aug 7, 2024 | 37 | Sep 30, 2024 | 53 |
| -5.56% | Aug 31, 2021 | 24 | Oct 4, 2021 | 18 | Oct 28, 2021 | 42 |
| -5.44% | Sep 8, 2020 | 12 | Sep 23, 2020 | 11 | Oct 8, 2020 | 23 |
Volatility
Volatility Chart
The current Simplify US Equity PLUS Downside Convexity ETF volatility is 3.55%, 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.