Key stats
About Simplify Piper Sandler US Small-Cap PLUS Income ETF
Home page
Inception date
Apr 29, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
ISIN
US82889N3272
LITL employs an actively managed approach to focus on US small-cap stocks, investing primarily in companies within the Russell 2000 Index. The selection process leverages macroeconomic and business cycle analysis, applying proprietary screens to identify and rank stocks based on expected return and liquidity. This methodology results in a diversified portfolio of approximately 200 stocks, reconstructed monthly to adapt to changing market dynamics. The fund also utilizes option spread writing strategies across various asset classes, including options on debt, commodities, and currencies, with investments in options not exceeding 20% of net assets. By combining its selection process with options strategies, LITL seeks to achieve capital appreciation and income while effectively managing risk to align with its investment objectives in fluctuating market conditions.
Related funds
Classification
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LITL assets under management is 5.60 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LITL invests in stocks. See more details in our Analysis section.
LITL expense ratio is 0.91%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LITL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, LITL pays dividends to its holders with the dividend yield of 0.37%.
LITL shares are issued by Simplify Asset Management, Inc.
LITL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 29, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.