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Simplify Nasdaq 100 Plus Convexity Etf
24.46
0.00 (0.00%)
Last Update: 12 May 2023 16:30:00
Yesterday: 24.46
Day's Range: 24.46 - 24.46
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When Written:
23.8999
The Simplify Nasdaq 100 plus Convexity ETF (SPCX) is an exchange-traded fund that seeks to provide investors with exposure to the Nasdaq 100 Index, while also providing convexity to help protect against market downturns. Convexity refers to the ability of an investment to provide positive returns during market declines.
The ETF is managed by Simplify Asset Management, and uses a proprietary options-based strategy to provide convexity. The fund also employs a dynamic hedging strategy to manage risk.
The Nasdaq 100 Index is a market capitalization-weighted index that includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange. The index is heavily weighted towards technology and internet-related companies.
As of August 2021, the SPCX ETF had total net assets of approximately $53 million and an expense ratio of 0.50%. The fund was launched in March 2021.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF is managed by Simplify Asset Management, and uses a proprietary options-based strategy to provide convexity. The fund also employs a dynamic hedging strategy to manage risk.
The Nasdaq 100 Index is a market capitalization-weighted index that includes 100 of the largest non-financial companies listed on the Nasdaq stock exchange. The index is heavily weighted towards technology and internet-related companies.
As of August 2021, the SPCX ETF had total net assets of approximately $53 million and an expense ratio of 0.50%. The fund was launched in March 2021.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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