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ETFs

Simplify Developed Ex-US PLUS Downside Convexity ETF

EAFD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 10 2022
Expense Ratio
0.32%
Type
US Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$47,399
AUM
$15,716,269
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
99.95%
n/a
EFA US 12/15/23 P61 Equity
1.07%
n/a
EFA US 10/20/23 P63 Equity
0.24%
n/a
EFA US 11/17/23 P59 Equity
0.18%
n/a
Cash
0.05%
n/a
EFA US 11/17/23 P55 Equity
-0.12%
n/a
EFA US 10/20/23 P59 Equity
-0.15%
n/a
EFA US 12/15/23 P57 Equity
-0.32%
n/a
Derivatives offset
-0.90%
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 DFSI, IEFA, EFA

EAFD
Simplify Exchange Traded Funds - Simplify Developed Ex-US PLUS Downside Convexity ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
GSID
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
DWM
WisdomTree Trust - WisdomTree International Equity Fund
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US 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.

Automated Strategies
Related toEAFD

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EAFD using Composer

FAQ

EAFD is a US Equities ETF. 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.

Yes, EAFD 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, EAFD 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 EAFD is -0.0094%. This is the percent change in the value of EAFD over the most recent 1-month period. The 3-month return on EAFD is -0.0278%. This is the percent change in the value of EAFD over the most recent 3-month period.

The standard deviation of EAFD for the past year is 0.1447%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EAFD include QQH, RODM, and MOTI.

ETFs correlated to EAFD include DFSI, IEFA, and EFA.

ETFs that are inversely correlated to EAFD include EFZ, EPV, and EDZ.

Disclaimers

*

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.