CRDT ETF — Simplify Opportunistic Income ETF

Simplify Opportunistic Income ETF (CRDT)

CRDT is an ETF. As of August 19, 2026, its distribution rate is 5.09%, its trailing-12-month yield is 5.89%, its expense ratio is 0.99%. Dividend Vision Distribution Safety Score™ is 78/100 (Generally safe). Fund total return is 14.8% over the past 3.1 years, 67.8 points behind SPY at 82.6%.

At the current 5.09% distribution rate, a $10,000 investment would generate approximately $509 per year, or $42.42 per month on an equivalent basis.

Simplify Opportunistic Income ETF is an actively managed fund that invests primarily in fixed income securities, including investment-grade and high-yield corporate bonds, U.S. Treasury bonds, bank loans, and preferred stock. The fund distributes monthly income at a high current rate, with an expense ratio of 0.99%. It appeals to income-focused investors seeking regular distributions from a diversified fixed income strategy.

CRDT performance versus SPY

Data as of August 19, 2026.

Fund total return is 14.8% over the past 3.1 years, 67.8 points behind SPY at 82.6%. Its deepest 1-year drawdown was 7.2%.

CRDT key facts

Data as of August 19, 2026.

Distribution Safety Score™

78 · Generally safe

Safety-Adjusted Yield

3.97%

Issuer

Simplify ETFs

Asset type

ETF

Asset class

Fixed Income

Inception date

06/26/2023

Expense ratio

0.99%

Distribution rate

5.09%

Distribution frequency

Monthly

Trailing yield

5.89%

Last close

$23.59

AUM

$32,157,530

Average volume

4027.0

Last dividend

$0.1000

Ex-dividend date

07/28/2026

Payment date

07/31/2026

Beta

0.5

P/E ratio

7.4286

How Dividend Vision calculates yield and returns

Distribution rate (5.09%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (5.89%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Simplify ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CRDT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.2%.

Who may consider CRDT — and who may not

CRDT may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Simplify ETFs.