CYA Simplify Tail Risk Strategy ETF

This is an actively managed fund that seeks to provide investors with a standalone solution for hedging diversified portfolios against severe equity market selloffs. By investing a substantial annual budget in highly convex equity-hedging strategies, modest allocations to the fund are intended to be valuable as a total portfolio hedging solution. The fund deploys advanced option strategies that are designed to handle multiple types of market dislocations and be robust to path dependency. The fund invests in high income strategies to help fund the option purchases.

$10.75  -0.16 (-1.42%)
As of 01/31/2023 13:49:23 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     Simplify
Category1:  Alternatives
Category2:  Options
Category3:  Broad
Morningstar category:  
Leverage factor:  1.00
Inception date:  09/14/2021
Current yield:  14.15%
Historical average yield:  7.46%
Market cap:  $20,193,761
Average volume:  63,990
Fees:     0.7500%
Investment style: Actively managed