SPD — Simplify US Equity PLUS Downside Convexity ETF
Simplify US Equity PLUS Downside Convexity ETF (SPD)
SPD pays a 0.93% distribution rate, quarterly, on a 0.53% expense ratio. Its Distribution Safety Score™ is 72 (Generally safe), giving a Safety-Adjusted Yield of 0.67%. Total return is 81.8% over the past 28.6 years, 1125.2 points behind SPY at 1207.0%. Its deepest 1-year drawdown was 11.9%.
Simplify US Equity PLUS Downside Convexity ETF is an exchange-traded fund that invests primarily in U.S. equity securities, mainly through other ETFs, while layering in a downside convexity option strategy that uses put options on the S&P 500 Index to provide protection during market declines. The fund distributes quarterly and carries an expense ratio of 0.53%, with a modest current distribution rate. This approach may appeal to equity investors seeking a combination of market participation with downside protection through options strategies.
SPD key facts
- Distribution Safety Score™
- 72 · Generally safe
- Safety-Adjusted Yield
- 0.67%
- Issuer
- Simplify ETFs
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 09/03/2020
- Expense ratio
- 0.53%
- Distribution rate
- 0.93%
- Distribution frequency
- Quarterly
- Trailing yield
- 0.93%
- Last close
- $43.15
- AUM
- $105,247,295
- Average volume
- 2986.0
- Last dividend
- $0.1000
- Ex-dividend date
- 06/25/2026
- Payment date
- 06/30/2026
- Beta
- 0.94
- P/E ratio
- 26.5429
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