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ETFs

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)
$403,831
AUM
$11,917,775
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

B 0 04/06/23
B 04/06/23 Govt
76.85%
B 0 06/08/23
B 06/08/23 Govt
23.03%
n/a
Cash
0.12%
n/a
Derivatives offset
0.05%
n/a
TLT 03/31/23 P94 Equity
0.00%
n/a
SPXW US 03/31/23 C4520 Index
0.00%
n/a
TLT 03/31/23 P99 Equity
-0.02%
n/a
SPXW US 03/31/23 C4125 Index
-0.04%
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 PULT, BOXX, IBHC

BUCK
Simplify Exchange Traded Funds - Simplify Stable Income ETF
PULT
Putnam ETF Trust - Putnam ESG Ultra Short ETF
BOXX
EA Series Trust - Alpha Architect 1-3 Month Box ETF
IBHC
iShares Trust - iShares iBonds 2023 Term High Yield and Income ETF
OPER
ETF Series Solutions Trust - ClearShares Ultra-Short Maturity ETF
JMST
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Ultra-Short Municipal Income ETF
URNM
Sprott Funds Trust. - Sprott Uranium Miners ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
KEUA
KraneShares Trust - KraneShares European Carbon Allowance Strategy ETF
TDSC
Exchange Listed Funds Trust - Cabana Target Drawdown 10 ETF
TYO
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bear -3X Shares

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 0.0041%. This is the percent change in the value of BUCK over the most recent 1-month period. The 3-month return on BUCK is 0.0142%. This is the percent change in the value of BUCK over the most recent 3-month period.

ETFs similar to BUCK include ICOW, BUYW, and DEF.

ETFs correlated to BUCK include PULT, BOXX, and IBHC.

ETFs that are inversely correlated to BUCK include HYLD, BGRN, and CEMB.

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.