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FIG

Simplify Macro Strategy ETF

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as of 03/21/2025

NAV

$ 21.43

NAV Change

- $ 0.21 /0.97%

Price

$ 21.47

Price Change

- $ 0.14 /0.65%
The Simplify Macro Strategy ETF (FIG) is a systematic macro strategy built to provide capital efficient and differentiated sources of absolute return.

FIG's portfolio consists of a robust mix of equity beta, currency, and risk-reversal overlays as well as diversifying and hedging strategies such as quantitative investment strategies, managed futures, and proprietary hedges.

The fund will opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.


 
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Documents

Fund Overview

As of 03/21/2025

Ticker Symbol
FIG
Gross Expense Ratio
1.03%
Net Expense Ratio
0.78%
CUSIP
82889N715
Total Assets
$11,788,623.46
Shares Outstanding
550,001
Distribution Rate as of 02/28/2025 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
-
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 02/28/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
1.64%
30-Day SEC Yield (Unsubsidized) as of 02/28/2025
1.39%
Options Available
No
Inception Date
05/16/2022
Premium/Discount (%) as of 03/21/2025
0.17%
NAV Per Share as of 03/21/2025
$21.43
Market Price as of 03/21/2025
$21.47
30-Day Median Bid-Ask Spread
0.88%
Bid/Ask
$21.30/$21.66
Midpoint Price
$21.48
Volume
238
NAV Symbol
FIG.NV
IOPV Symbol
FIG.IV
Shares Out. Symbol
FIG.SO
Schedule K-1
No
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The distribution rate may contain return of capital but an estimate cannot be provided at this time. Please refer to the 19a-1 notices for additional details regarding the distributions’ composition once they become available.

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees0.75%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.11%
Acquired Fund Fees and Expenses20.17%
Total Annual Fund Operating Expenses1.03%
Fee Waiver3(0.25)%
Total Annual Fund Operating Expenses After Fee Waiver0.78%

1. Other Expenses includes interest expenses of 0.11%.

2. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.

3. The Fund’s adviser has contractually agreed, through at least October 31, 2025, to waive its management fees to 0.50% ofthe Fund’s average daily net assets.

Fund Performance (Total Return)

As of 02/28/2025 12/31/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -0.94% -3.68% 2.88% 2.51% -2.89% -4.72%
Market Price -2.34% -4.26% 2.16% 2.86% -3.37% -5.31%
Annualized 1 Year 3 Year Since Inception
NAV -2.89% — -1.72%
Market Price -3.37% — -1.94%
Cumulative 1 Year Since Inception
NAV -6.24% -7.06%
Market Price -7.24% -7.94%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -6.24% — — -2.75%
Market Price -7.24% — — -3.10%
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2024 4th Quarter of 2024
Days Traded at Premium
50
12
Days Traded at Discount
202
52
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 03/21/2025

Holdings - All ETFs
Ticker Name Quantity Weight
CTA SIMPLIFY MANAGED FUTURES 66,957 16.86%
HARD SIMPLIFY COMMODITIES STR 66,957 17.48%
NXTI SIMPLIFY NEXT INTG C IDX 25,825 6.14%
NXTV SIMPLIFY NEXT INT VA IDX 25,825 5.65%
SPQ SIMPLIFY US EQUITY PLUS Q 32,131 7.00%
WUSA SIMPLIFY WO US EQ 150/50 57,200 11.70%
GLD US 03/26/25 P252 GLD Mar 2025 252 Put 80 0.00%
GLD US 03/26/25 P260 GLD Mar 2025 260 Put -80 0.00%
GLD US 03/28/25 P255 GLD Mar 2025 255 Put 63 0.00%
GLD US 03/28/25 P265 GLD Mar 2025 265 Put -63 0.00%
GLD US 04/02/25 P260 GLD Apr 2025 260 Put 61 0.01%
GLD US 04/02/25 P270 GLD Apr 2025 270 Put -61 -0.02%
GLD US 04/04/25 P256 GLD Apr 2025 256 Put 50 —
GLD US 04/04/25 P268 GLD Apr 2025 268 Put -50 —
MSTR US 03/28/25 P180 MSTR Mar 2025 180 Put 12 0.00%
MSTR US 03/28/25 P230 MSTR Mar 2025 230 Put -12 -0.01%
MSTR US 04/04/25 P190 MSTR Apr 2025 190 Put 12 0.01%
MSTR US 04/04/25 P200 MSTR Apr 2025 200 Put 24 0.03%
MSTR US 04/04/25 P240 MSTR Apr 2025 240 Put -12 -0.03%
MSTR US 04/04/25 P250 MSTR Apr 2025 250 Put -24 -0.07%
RUTW US 03/28/25 P1850 RUTW Mar 2025 1850 Put 12 0.00%
RUTW US 03/28/25 P1950 RUTW Mar 2025 1950 Put -12 -0.02%
RUTW US 04/02/25 P1840 RUTW Apr 2025 1840 Put 8 0.01%
RUTW US 04/02/25 P1980 RUTW Apr 2025 1980 Put -8 -0.07%
RUTW US 04/04/25 P1835 RUTW Apr 2025 1835 Put 9 —
RUTW US 04/04/25 P1935 RUTW Apr 2025 1935 Put -9 —
SPXW US 03/25/25 P5500 SPXW Mar 2025 5500 Put 12 —
SPXW US 03/26/25 P5350 SPXW Mar 2025 5350 Put 8 0.00%
SPXW US 03/28/25 C5950 SPXW Mar 2025 5950 Call 97 0.01%
SPXW US 03/28/25 P5200 SPXW Mar 2025 5200 Put 6 0.00%
SPXW US 03/28/25 P5250 SPXW Mar 2025 5250 Put -26 —
SPXW US 03/28/25 P5350 SPXW Mar 2025 5350 Put 26 —
SPXW US 03/28/25 P5410 SPXW Mar 2025 5410 Put -6 -0.02%
SPXW US 04/02/25 P5125 SPXW Apr 2025 5125 Put 3 0.00%
SPXW US 04/02/25 P5450 SPXW Apr 2025 5450 Put -3 -0.04%
SPXW US 04/04/25 C6000 SPXW Apr 2025 6000 Call 2 0.00%
SPXW US 04/04/25 P5150 SPXW Apr 2025 5150 Put 4 —
SPXW US 04/04/25 P5375 SPXW Apr 2025 5375 Put -4 —
SPXW US 04/11/25 C6150 SPXW Apr 2025 6150 Call 9 0.00%
SPXW US 04/11/25 C6230 SPXW Apr 2025 6230 Call 6 0.00%
SPXW US 04/17/25 C5800 SPXW Apr 2025 5800 Call 2 —
- TREASURY BILL DN 4/25 40,000 0.34%
- TREASURY BILL DN 6/25 1,360,000 11.43%
- FIDELITY INV MMTRSY 1 680 92,694 0.79%
- TAIWAN DOLLAR 121,752 0.03%
- CHINESE RENMINBI 26,003 0.03%
- INDONESIAN RUPIAH 56,761,195 0.03%
- BRAZILIAN REAL 13,412 0.02%
- SINGAPORE DOLLAR 2,369 0.02%
- MEXICAN PESO 5,703 0.00%
- SOUTH KOREAN WON 195,926 0.00%
- HONG KONG DOLLAR 892 0.00%
- INDIAN RUPEE 89 0.00%
- CHILEAN PESO -18,455 0.00%
- CHINESE YUAN -6,462 -0.01%
- COLOMBIAN PESO -72,890,754 -0.15%
- RECV BABXSIMV 0.00 121225 10,264 59.04%
- Custom Junk Index Total Return Swap - Receivable 2,322,727 0.16%
- Custom Quality Index Total Return Swap - Receivable -3,076,529 -0.29%
- PAYB BABXSIMV 0.00 121225 -7,022,109 -59.59%
FOXY SIMPLIFY CURRENCY STRTGY 93,739 21.33%
- Estimated Cash 256,698 2.18%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.00000
$0.00000
$0.38549
$0.00000
View Distribution History

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