Simplify Propel Opportunities ETF (SURI)
SURI is an actively managed ETF by Simplify. SURI launched on Feb 7, 2023 and has a 2.51% expense ratio.
ETF Info
| ISIN | US82889N6242 |
|---|---|
| Issuer | Simplify |
| Inception Date | Feb 7, 2023 |
| Category | Health & Biotech Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
SURI has a high expense ratio of 2.51%, indicating higher-than-average management fees.
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: SURI vs. HEQT, SURI vs. LIFE.TO, SURI vs. MSTY, SURI vs. PEX, SURI vs. TIME, SURI vs. ^GSPC, SURI vs. IYH, SURI vs. QYLD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify Propel Opportunities 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 Propel Opportunities ETF had a return of 35.02% year-to-date (YTD) and 59.08% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 35.02% | 25.82% |
| 1 month | 6.33% | 3.20% |
| 6 months | 21.86% | 14.94% |
| 1 year | 59.08% | 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 SURI, 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 | 1.67% | 24.08% | 0.43% | -14.92% | 3.12% | 4.34% | 9.73% | 0.59% | 0.97% | -2.46% | 35.02% | ||
| 2023 | -3.13% | -13.46% | 12.01% | -3.14% | 6.07% | 0.65% | -2.51% | -3.45% | -7.80% | 5.64% | 9.10% | -2.87% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SURI is 59, 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 Propel Opportunities ETF (SURI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Simplify Propel Opportunities ETF provided a 13.17% dividend yield over the last twelve months, with an annual payout of $3.29 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $3.29 | $3.04 |
Dividend yield | 13.17% | 14.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Propel Opportunities 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 | $0.68 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $2.61 | |
| 2023 | $1.00 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $3.04 |
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 Propel Opportunities 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 Propel Opportunities ETF was 19.43%, occurring on Oct 27, 2023. Recovery took 72 trading sessions.
The current Simplify Propel Opportunities ETF drawdown is 5.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.43% | Feb 16, 2023 | 176 | Oct 27, 2023 | 72 | Feb 12, 2024 | 248 |
| -16.81% | Mar 4, 2024 | 38 | Apr 25, 2024 | 54 | Jul 15, 2024 | 92 |
| -12.52% | Jul 17, 2024 | 41 | Sep 12, 2024 | 36 | Nov 1, 2024 | 77 |
| -5.54% | Nov 8, 2024 | 2 | Nov 11, 2024 | — | — | — |
| -2.96% | Feb 13, 2024 | 1 | Feb 13, 2024 | 2 | Feb 15, 2024 | 3 |
Volatility
Volatility Chart
The current Simplify Propel Opportunities ETF volatility is 8.94%, 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.