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ETFs

Simplify Macro Strategy ETF

FIG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 16 2022
Expense Ratio
0.72%
Type
Global Diversified
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$271,282
AUM
$39,128,023
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CDX
Simplify Exchange Traded Funds - Simplify High Yield PLUS Credit Hedge ETF
26.42%
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF
25.81%
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
21.73%
SVOL
Simplify Exchange Traded Funds - Simplify Volatility Premium ETF
20.15%
TYA
Simplify Exchange Traded Funds - Simplify Intermediate Term Treasury Futures Strategy ETF
8.84%
IAU
BlackRock Institutional Trust Company N.A. - iShares Gold Trust
7.90%
n/a
SPY US 06/16/23 C350 Equity
7.51%
PFIX
Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF
5.58%
n/a
Cash
4.11%
n/a
SPY US 12/15/23 C320 Equity
2.60%
Invest with FIG

What is FIG?

The Simplify Macro Strategy ETF (FIG) is a modern take on the balanced portfolio, built to help navigate today's toughest asset allocation challenges. FIG addresses these concerns by creating a robust portfolio comprised of equities with positive convexity, managed futures that are diversifying and inflation sensitive, and a suite of income sources with low sensitivity to duration. The fund will also opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.

ETFs related toFIG

ETFs correlated to FIG include NTSX, UAPR, POCT

FIG
Simplify Exchange Traded Funds - Simplify Macro Strategy ETF
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
UAPR
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - April
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
NULG
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Growth ETF
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
ILCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF
CAPE
DoubleLine ETF Trust - DoubleLine Shiller CAPE U.S. Equities ETF
PABU
iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF
USXF
iShares Trust - iShares ESG Advanced MSCI USA ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index 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 toFIG

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with FIG using Composer

FAQ

FIG is a Global Diversified ETF. The Simplify Macro Strategy ETF (FIG) is a modern take on the balanced portfolio, built to help navigate today's toughest asset allocation challenges. FIG addresses these concerns by creating a robust portfolio comprised of equities with positive convexity, managed futures that are diversifying and inflation sensitive, and a suite of income sources with low sensitivity to duration. The fund will also opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.

Yes, FIG 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, FIG 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 FIG is -0.003%. This is the percent change in the value of FIG over the most recent 1-month period. The 3-month return on FIG is -0.0044%. This is the percent change in the value of FIG over the most recent 3-month period.

ETFs similar to FIG include PGF, AMJ, and AOR.

ETFs correlated to FIG include NTSX, UAPR, and POCT.

ETFs that are inversely correlated to FIG include SPXS, SPXU, and SH.

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.