Simplify US Equity PLUS Convexity ETF (SPYC)
SPYC is an actively managed ETF by Simplify Asset Management Inc.. SPYC 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 Growth Equities, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
SPYC has a high expense ratio of 0.28%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify US Equity PLUS 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 Convexity ETF had a return of 6.95% year-to-date (YTD) and 22.72% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.95% | 5.57% |
| 1 month | -6.09% | -4.16% |
| 6 months | 22.07% | 20.07% |
| 1 year | 22.72% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.40% | 7.72% | 4.27% | |||||||||
| 2023 | -2.52% | 8.86% | 4.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPYC is 73, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Simplify US Equity PLUS Convexity ETF(SPYC)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify US Equity PLUS Convexity ETF (SPYC) 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 Convexity ETF granted a 1.53% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $0.50 | $0.54 | $0.34 | $0.35 | $0.11 |
Dividend yield | 1.53% | 1.76% | 1.34% | 1.01% | 0.40% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify US Equity PLUS 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.10 | |||||||||
| 2023 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 |
| 2022 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.06 |
| 2020 | $0.11 |
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 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 Convexity ETF was 28.51%, occurring on Oct 14, 2022. Recovery took 345 trading sessions.
The current Simplify US Equity PLUS Convexity ETF drawdown is 6.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.51% | Dec 28, 2021 | 202 | Oct 14, 2022 | 345 | Mar 1, 2024 | 547 |
| -7.96% | Oct 13, 2020 | 14 | Oct 30, 2020 | 6 | Nov 9, 2020 | 20 |
| -7.24% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
| -6.09% | Sep 7, 2021 | 18 | Sep 30, 2021 | 17 | Oct 25, 2021 | 35 |
| -5.71% | Sep 8, 2020 | 12 | Sep 23, 2020 | 10 | Oct 7, 2020 | 22 |
Volatility
Volatility Chart
The current Simplify US Equity PLUS Convexity ETF volatility is 4.89%, 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.