- ISIN
- US82889N3017
- CUSIP
- 82889N301
- Issuer
- Simplify
- Inception Date
- Sep 3, 2020
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $141M
Highlights
- Avg. Volume (1M)
- 162K
- Avg. Volume Value (1M)
- $7.87M
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
SPUC Performance Chart
Simplify US Equity PLUS Upside Convexity ETF (SPUC) is up 9.9% since the beginning of the year. SPUC is currently trading at $49 per share. Investors who bought $1,000 worth of SPUC shares 5 years ago would now be looking at an investment worth $1,810.
Loading charts...
Compare this symbol against anything
Returns By Period
Simplify US Equity PLUS Upside Convexity ETF (SPUC) has returned 9.91% so far this year and 21.90% over the past 12 months.
Simplify US Equity PLUS Upside Convexity ETF
- 1D
- 1.40%
- 1M
- 1.07%
- 6M
- 7.71%
- YTD
- 9.91%
- 1Y
- 21.90%
- 3Y*
- 20.78%
- 5Y*
- 12.60%
- 10Y*
- —
- ALL TIME*
- 15.97%
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%
SPUC Monthly Returns History
Based on dividend-adjusted daily data since Sep 4, 2020, SPUC's average daily return is +0.07%, while the average monthly return is +1.40%. At this rate, an investment would double in approximately 4.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +11.5%, while the worst month was Apr 2022 at -10.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPUC closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +11.5%, while the worst single day was Dec 18, 2024 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.05% | -2.02% | -4.96% | 9.71% | 5.01% | -0.43% | 0.83% | 9.91% | |||||
| 2025 | 4.83% | -3.12% | -8.04% | -1.92% | 11.23% | 7.68% | 3.10% | 3.19% | 5.74% | 2.03% | -2.10% | -0.53% | 22.64% |
| 2024 | 2.27% | 9.73% | 6.08% | -8.70% | 5.60% | 7.09% | 0.46% | 2.33% | 1.94% | -1.64% | 8.91% | -9.14% | 25.37% |
| 2023 | 6.51% | -3.00% | 3.67% | 1.34% | 0.17% | 8.34% | 4.00% | -3.14% | -5.49% | -2.36% | 9.74% | 6.10% | 27.50% |
| 2022 | -8.00% | -3.94% | 4.59% | -10.32% | 0.10% | -8.81% | 10.98% | -5.36% | -9.52% | 7.24% | 4.94% | -7.03% | -24.76% |
| 2021 | -0.38% | 2.37% | 3.62% | 7.04% | -0.32% | 2.33% | 3.75% | 4.07% | -6.25% | 8.97% | -0.28% | 5.34% | 33.71% |
Benchmark Metrics
Simplify US Equity PLUS Upside Convexity ETF has an annualized alpha of -0.65%, beta of 1.22, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since September 04, 2020.
- This ETF captured 129.66% of S&P 500 Index gains and 122.89% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- -0.65%
- Beta
- 1.22
- R²
- 0.92
- Upside Capture
- 129.66%
- Downside Capture
- 122.89%
Expense Ratio
SPUC has an expense ratio of 0.53%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPUC ranks 45 for risk / return — above 45% of ETFs peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Simplify US Equity PLUS Upside Convexity ETF (SPUC) 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.
| SPUC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.00 | -0.34 |
| Martin ratioReturn relative to average drawdown | 5.56 | 8.49 | -2.93 |
Dividends
Dividend History
Simplify US Equity PLUS Upside Convexity ETF provided a 11.08% dividend yield over the last twelve months, with an annual payout of $5.44 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $5.44 | $3.59 | $0.38 | $0.44 | $0.40 | $0.71 | $0.20 |
Dividend yield | 11.08% | 7.70% | 0.94% | 1.33% | 1.53% | 2.00% | 0.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify US Equity PLUS Upside 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.48 | $0.49 | $0.48 | $0.48 | $2.03 | |||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $3.31 | $3.59 |
| 2024 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.38 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.48 | $0.71 |
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 US Equity PLUS Upside 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 Upside Convexity ETF was 29.20%, occurring on Oct 12, 2022. Recovery took 328 trading sessions.
The current Simplify US Equity PLUS Upside Convexity ETF drawdown is 0.29%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-29.20%Oct 2022 | 9mo 18d | 1y 3mo | 2y 1moDec 2021 - Feb 2024 | Bear market2022 |
-28.17%Apr 2025 | 4mo 17d | 2mo 13d | 7moDec 2024 - Jul 2025 | 2025 selloff2025 |
-14.55%Aug 2024 | 21d | 3mo 2d | 3mo 23dJul 2024 - Nov 2024 | — |
-11.56%Mar 2026 | 5mo 1d | 1mo 2d | 6mo 3dOct 2025 - May 2026 | — |
-9.89%Apr 2024 | 18d | 1mo 23d | 2mo 11dApr 2024 - Jun 2024 | — |
Drawdown Indicators
| SPUC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.20% | -56.78% | +27.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -9.10% | -2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -28.17% | -18.90% | -9.27% |
Max Drawdown (5Y)Largest decline over 5 years | -29.20% | -25.43% | -3.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.29% | -1.58% | +1.29% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -10.70% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.14% | +1.32% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with SPUC
Add Simplify US Equity PLUS Upside Convexity 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 SPUC