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Simplify Stable Income ETF

BUCK
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 27 2022
Expense Ratio
0.36%
Type
Global Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$270,112
AUM
$14,472,775
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

B 10/03/23 Govt
B 10/03/23 Govt
93.62%
B 0 12/19/23
B 12/19/23 Govt
4.77%
n/a
Cash
1.61%
n/a
Derivatives offset
0.06%
n/a
SPXW US 10/06/23 P4000 Index
0.02%
n/a
TLT US 10/06/23 P83 Equity
0.00%
n/a
TLT US 09/22/23 C101 Equity
0.00%
n/a
TLT US 09/22/23 P86 Equity
0.00%
n/a
TLT US 10/06/23 P87 Equity
-0.02%
n/a
SPXW US 10/06/23 P4200 Index
-0.07%
Invest with BUCK

What is BUCK?

The Simplify Stable Income ETF (BUCK) seeks to provide monthly income by selling short-dated put or call spreads on the most liquid global equity indices. The fund is intended to be a cash alternative, as it seeks to enhance typical cash yields via an option writing strategy with low correlation to traditional credit and duration exposures. A sophisticated option-writing algorithm seeks to sell spreads that generate attractive risk-adjusted returns, while an additional layer of risk management helps manage tail risk associated with selling options.

ETFs related toBUCK

ETFs correlated to BUCK include HIGH, EMC, AUGW

BUCK
Simplify Exchange Traded Funds - Simplify Stable Income ETF
HIGH
Simplify Exchange Traded Funds - Simplify Enhanced Income ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
TJUL
Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 2 Yr to July 2025
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & 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.

FAQ

BUCK is a Global Equities ETF. The Simplify Stable Income ETF (BUCK) seeks to provide monthly income by selling short-dated put or call spreads on the most liquid global equity indices. The fund is intended to be a cash alternative, as it seeks to enhance typical cash yields via an option writing strategy with low correlation to traditional credit and duration exposures. A sophisticated option-writing algorithm seeks to sell spreads that generate attractive risk-adjusted returns, while an additional layer of risk management helps manage tail risk associated with selling options.

Yes, BUCK 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, BUCK 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 BUCK is 0.0058%. This is the percent change in the value of BUCK over the most recent 1-month period. The 3-month return on BUCK is 0.0138%. This is the percent change in the value of BUCK over the most recent 3-month period.

ETFs similar to BUCK include IVAL, BUYW, and RODM.

ETFs correlated to BUCK include HIGH, EMC, and AUGW.

ETFs that are inversely correlated to BUCK include TSLR, DFCA, and PAAA.

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.

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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.