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Simplify Developed Ex-US PLUS Downside Convexity ETF

EAFD
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 10 2022
Expense Ratio
0.32%
Type
US Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$249,707
AUM
$24,475,519
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
99.90%
n/a
SPXW US 03/17/23 P3780 Index
0.15%
n/a
Cash
0.10%
n/a
SPXW US 02/17/23 P3780 Index
0.05%
n/a
Derivatives offset
-0.20%
Invest with EAFD

What is EAFD?

The adviser seeks to achieve the Funds investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The adviser does not frequently trade U.S. equities but seeks to maintain consistent exposure to the U.S. equity market. Up to twenty percent of the Fund s net assets will be subject to the Fund s downside convexity option overlay. The downside convexity option overlay consists of purchasing exchange-traded and over the counter ( OTC ) put options on the S&P 500 Index or an S&P 500 Index ETF.

ETFs related toEAFD

ETFs correlated to EAFD include CLOZ, JHID, DFSI

EAFDSimplify Exchange Traded Funds - Simplify Developed Ex-US PLUS Downside Convexity ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
JHIDJohn Hancock Exchange-Traded Fund Trust - John Hancock International High Dividend ETF
DFSIDimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
IEFABlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
BBINJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
EFAXSSgA Active Trust - SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
GSIDGoldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF
VEAVanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
IDEViShares Trust - iShares Core MSCI International Developed Markets ETF
SCHFSchwab Strategic Trust - Schwab International Equity 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.

Disclaimers

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We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.