Snapshot*
Top 10 Holdings
What is HIGH?
The Simplify Enhanced Income ETF (HIGH) 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 an alternative high yield solution, as it seeks to provide significant income with low correlation to traditional credit and duration exposure. 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 toHIGH
ETFs correlated to HIGH include GJUL, AUGW, TJUL
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.
News Related to HIGH
Gold Mining Stocks Were Among Top 10 Large-Cap Losers Last Week (May 12-May 16): Are These In Your Portfolio?
May 18, 2025 • by Lekha Gupta
Constellation Brands 'Most Exposed Name' As Trump Tariffs Go Live: Analysts Advise Adjusting Prices
Feb 3, 2025 • by Surbhi Jain
Arrowhead Pharmaceuticals To Replace Barnes Group In S&P SmallCap 600, Effective Prior To Opening Of Trading On January 27
Jan 22, 2025 • by Benzinga NewsdeskReported Earlier, Barnes Group Shareholders Approve $47.50 Per Share Acquisition by Apollo Global Management
Jan 10, 2025 • by Benzinga NewsdeskFAQ
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.