Simplify Hedged Equity ETF
Price through Oct 1 · Flows through Sep 30. Figures use the latest available records, not a live quote. Fund details retrieved Oct 1. Holdings snapshot retrieved Oct 1.
The adviser seeks to achieve the fund’s investment objective by investing primarily in equity securities and applying an option overlay known as a “put/spread collar” strategy. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing exchange-traded funds (“ETFs”) that seek to track the investment results of the S&P 500 Index. The fund typically invests at least 80% of the fund’s portfolio in underlying ETFs.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 3Y SHOWN · NET +$19M OVER THIS RANGE
Money keeps arriving — +$19M of net inflows over the past month, about 8.7% of the fund's asset base, while the price has returned +7.1% so far this year. At 0.53% a year it is not the cheapest way in — EAOK has a reported fee of 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | IVVISHARES CORE S&P 500 ETF | 99.96% | $767.38 | +0.2% | ||
| 2 | 2993827529938275 | 0.24% | — | — | — | |
| 3 | —Cash | 0.02% | — | — | — | |
| 4 | 3376782333767823 | 0.03% | — | — | — | |
| 5 | 3619700336197003 | 0.37% | — | — | — |
| 1 week | -0.3% |
| 1 month | +0.4% |
| 3 months | +2.3% |
| 6 months | +11.2% |
| YTD | +7.1% |
| 1 year | +9.8% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | +$2M |
| 1 month | +$19M |
| 3 months | +$19M |
| YTD | +$19M |
| 1 year | +$19M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 100.0% of the book; the top ten carry 101%. Spread across 5+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
| Most-traded holdings, options premium | Bullish | Bearish |
|---|---|---|
| IVV ISHARES CORE S&P 500 ETF | $77,208 | $75,937 |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
Due diligence cuts both ways. These funds sit on the same shelf and beat HEQT on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| AGRH iShares Interest Rate Hedged U.S. Aggregate Bond ETF | 0.13% | $7862.98T | — | -40bp on fee · 36849633× the assets | Head-to-head |
| AGIH iShares Inflation Hedged U.S. Aggregate Bond ETF | 0.13% | $2496.99T | — | -40bp on fee · 11702056× the assets | Head-to-head |
| ESMV iShares ESG MSCI USA Min Vol Factor ETF | 0.18% | $7776.18T | +$16K | -35bp on fee · 36442820× the assets · +$16K in over the month | Head-to-head |
| DFUS Dimensional U.S. Equity Market ETF | 0.09% | $10.2B | — | -44bp on fee · 48× the assets | Head-to-head |
| LGLV State Street SPDR US Large Cap Low Volatility Index ETF | 0.12% | $1.2B | +$20M | -41bp on fee · 6× the assets · +$20M in over the month | Head-to-head |