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Simplify Macro Strategy ETF

FIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 16 2022
Expense Ratio
0.72%
Type
Global Diversified
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$382,009
AUM
$39,071,272
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

CDX
Simplify Exchange Traded Funds - Simplify High Yield PLUS Credit Hedge ETF
23.79%
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
23.13%
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF
20.35%
B 10/03/23 Govt
B 10/03/23 Govt
9.53%
HARD
Simplify Exchange Traded Funds - Simplify Commodities Strategy No K-1 ETF
8.94%
n/a
TII 0 1/8 02/15/52 Govt
8.81%
AGGH
Simplify Exchange Traded Funds - Simplify Aggregate Bond ETF
8.80%
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
7.87%
TYA
Simplify Exchange Traded Funds - Simplify Intermediate Term Treasury Futures Strategy ETF
7.11%
EQLS
Simplify Exchange Traded Funds - Simplify Market Neutral Equity Long/Short ETF
6.45%
Invest with FIG

What is FIG?

The Simplify Macro Strategy ETF (FIG) is a modern take on the balanced portfolio, built to help navigate today's toughest asset allocation challenges. FIG addresses these concerns by creating a robust portfolio comprised of equities with positive convexity, managed futures that are diversifying and inflation sensitive, and a suite of income sources with low sensitivity to duration. The fund will also opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.

ETFs related toFIG

ETFs correlated to FIG include AOK, AOM, NTSX

FIG
Simplify Exchange Traded Funds - Simplify Macro Strategy ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
OUSA
OSI ETF Trust - ALPS O'Shares U.S. Quality Dividend ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
SRVR
Pacer Funds Trust - Pacer Data & Infrastructure Real Estate ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFIG

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Moderate

Create your own algorithmic trading strategy with FIG using Composer

FAQ

FIG is a Global Diversified ETF. The Simplify Macro Strategy ETF (FIG) is a modern take on the balanced portfolio, built to help navigate today's toughest asset allocation challenges. FIG addresses these concerns by creating a robust portfolio comprised of equities with positive convexity, managed futures that are diversifying and inflation sensitive, and a suite of income sources with low sensitivity to duration. The fund will also opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.

Yes, FIG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FIG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FIG is -0.0005%. This is the percent change in the value of FIG over the most recent 1-month period. The 3-month return on FIG is -0.0189%. This is the percent change in the value of FIG over the most recent 3-month period.

The standard deviation of FIG for the past year is 0.0948%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FIG include DRSK, HNDL, and FPEI.

ETFs correlated to FIG include AOK, AOM, and NTSX.

ETFs that are inversely correlated to FIG include SPXS, SDS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.