DINE ETF — Simplify Tax Aware Diversified Income Strategy ETF

Simplify Tax Aware Diversified Income Strategy ETF (DINE)

Updated October 16, 2026.

DINE is a low-cost ETF. its trailing-12-month yield is 1.22%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -0.7% over the past 0.4 years, 6.7 points behind SPY at 6.0%.

Simplify Tax Aware Diversified Income Strategy ETF is an actively managed fund that seeks capital appreciation through a diversified mix of income strategies, including dividend-paying stocks, interest-paying debt, income-generating option spreads, currency strategies, and related derivatives, with a tax-aware overlay to optimize after-tax returns. The fund has a current distribution rate in the moderate range and distributes quarterly, though its latest distribution was special and may not recur regularly. With a low expense ratio of 0.15%, it appeals to income-focused investors seeking tax-efficient diversified income across multiple asset classes.

DINE performance versus SPY

Price and return data through 2026-10-16.

Total return is -0.7% over the past 0.4 years, 6.7 points behind SPY at 6.0%.

DINE key facts

Distribution Safety Score™

50 · Unproven

Issuer

Simplify ETFs

Asset type

ETF

Asset class

Multi-Asset

Inception date

05/05/2026

Listing date

05/05/2026

Expense ratio

0.15%

Management fee

0.15%

Distribution frequency

Quarterly

Trailing yield

1.22%

Last close

$24.53 (as of 2026-10-16)

AUM

$3,067,766

Average volume

6.0

Dividend

$0.25

Ex-dividend date

09/25/2026

Payment date

09/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.22%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Simplify ETFs or company page; 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.

DINE risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window.

Who may consider DINE — and who may not

DINE may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (DINE pays quarterly); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DINE

• All tickers starting with D

Tagged: Active, Fund of Funds, Tax Efficient, Dividend, Options.

Frequently asked questions

More securities from Simplify ETFs.