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ETFs

Simplify Volatility Premium ETF

SVOL
$--
Today’s Change
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Snapshot
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Inception Date
May 12 2021
Expense Ratio
0.66%
Type
US Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$9,517,708
AUM
$433,197,022
Associated Index
None
Inverse/Leveraged
Inverse (-0.2x to -0.3x)
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
TII 0 5/8 01/15/24 Govt
47.74%
n/a
Derivatives offset
22.97%
B 10/03/23 Govt
B 10/03/23 Govt
16.09%
B 0 12/19/23
B 12/19/23 Govt
10.40%
AGGH
Simplify Exchange Traded Funds - Simplify Aggregate Bond ETF
8.64%
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
8.63%
n/a
TII 0 1/2 04/15/24 Govt
5.90%
n/a
Cash
2.58%
n/a
VIX US 12/20/23 C50 Index
0.24%
n/a
T 2 7/8 06/15/25 Govt
0.02%
Invest with SVOL

What is SVOL?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks daily investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index (the Index ) for a single day, not for any other period. In pursuing its investment objective, the Fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The Fund will hold cash, cash-like instruments or high-quality short term fixed income securities (collectively, Collateral ). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality. The Fund also applies an option overlay strategy in seeking to mitigate against extreme volatility.

ETFs related toSVOL

ETFs correlated to SVOL include SVXY, SVIX, AUGW

SVOL
Simplify Exchange Traded Funds - Simplify Volatility Premium ETF
SVXY
ProShares Trust - ProShares Short VIX Short-Term Futures ETF -1x Shares
SVIX
Volatility Shares Trust - 1x Short VIX Futures ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF

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 toSVOL

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SVOL using Composer

FAQ

SVOL is a US Equities ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks daily investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index (the Index ) for a single day, not for any other period. In pursuing its investment objective, the Fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The Fund will hold cash, cash-like instruments or high-quality short term fixed income securities (collectively, Collateral ). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality. The Fund also applies an option overlay strategy in seeking to mitigate against extreme volatility.

Yes, SVOL 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, SVOL 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 SVOL is 0.0209%. This is the percent change in the value of SVOL over the most recent 1-month period. The 3-month return on SVOL is 0.032%. This is the percent change in the value of SVOL over the most recent 3-month period.

The standard deviation of SVOL for the past year is 0.1078%. 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 SVOL include SSO, QID, and SDS.

ETFs correlated to SVOL include SVXY, SVIX, and AUGW.

ETFs that are inversely correlated to SVOL include UVXY, UVIX, and VXX.

Yes, SVOL is a Inverse (-0.2x to -0.3x) ETF.

Yes, SVOL is a Inverse (-0.2x to -0.3x) leveraged ETF.

Disclaimers

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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.