Key stats
About Simplify Exchange Traded Funds Simplify US Small Cap PLUS Income ETF
Expense ratio
0.55%
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Inception date
Dec 2, 2024
SCY seeks total return by combining US small-cap equity ETF exposure with an income-generating options strategy. Portfolio selection is based on liquidity and fees. The funds adviser employs a spread-writing options overlay, selling short-term put and call options on equity, fixed-income, and currency ETFs. These options are typically held for less than a month to benefit from rapid time decay, with further out-of-the-money options purchased to hedge against major price swings. To secure positions, it holds US Treasury securities, money market funds, fixed-income ETFs, and investment-grade corporate debt as collateral. The fund limits OTC counterparty exposure to 25%. Lastly, these options are exchange-traded or over-the-counter options.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.79%
Cash1.32%
Rights & Warrants−0.03%
Miscellaneous−0.09%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history