Simplify U.S. Equity PLUS GBTC 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.
Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies and the Grayscale Bitcoin Trust. The fund invests in equity securities of U.S. companies through exchange-traded futures contracts, equity securities of U.S. companies and ETFs that primarily invest in the equity securities of U.S. companies. The fund invests up to 15% of its total assets in the Grayscale Bitcoin Trust.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$2M OVER THIS RANGE
Money keeps arriving — +$1M of net inflows over the past month, about 3.1% of the fund's asset base, while the price has returned +12.3% so far this year. At 0.72% 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 | 0.89% | $767.38 | +0.2% | ||
| 2 | HODLVANECK BITCOIN TRUST | 0.10% | $23.92 | +1.3% | ||
| 3 | —Cash | 0.01% | — | — | — |
| 1 week | -0.9% |
| 1 month | +1.4% |
| 3 months | +6.4% |
| 6 months | +24.6% |
| YTD | +12.3% |
| 1 year | +11.4% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | +$1M |
| 3 months | −$2M |
| YTD | −$2M |
| 1 year | −$2M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 0.9% of the book; the top ten carry 1%. Spread across 3+ 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 |
| HODL VANECK BITCOIN TRUST | — | $7 |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
Due diligence cuts both ways. These funds sit on the same shelf and beat SPBC 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 | — | -59bp on fee · 190251921× the assets | Head-to-head |
| AGIH iShares Inflation Hedged U.S. Aggregate Bond ETF | 0.13% | $2496.99T | — | -59bp on fee · 60416847× the assets | Head-to-head |
| DFUS Dimensional U.S. Equity Market ETF | 0.09% | $10.2B | — | -63bp on fee · 248× the assets | Head-to-head |
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | -60bp on fee · 1567× the assets | Head-to-head |
| DFAU Dimensional US Core Equity Market ETF | 0.12% | $6.3B | — | -60bp on fee · 152× the assets | Head-to-head |