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ETFs

Simplify Exchange Traded Funds Simplify Nasdaq 100 PLUS Convexity ETF

QQC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 10 2020
Expense Ratio
0.44%
Type
US Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$37,189
AUM
$3,649,524
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
99.73%
n/a
SPXW US 06/16/23 C4120 Index
0.32%
n/a
Cash
0.27%
n/a
XSP US 05/19/23 C427 Index
0.02%
n/a
XSP US 05/19/23 P363 Index
0.01%
n/a
XSP US 05/19/23 P345 Index
-0.01%
n/a
SPXW US 06/16/23 C4310 Index
-0.06%
n/a
Derivatives offset
-0.28%
Invest with QQC

What is QQC?

The Simplify Growth Equity PLUS Convexity ETF seeks to track the US growth equity market while boosting performance during extreme market moves up or down via a systematic options overlay. The options component of the fund is designed to create a convex equity payoff, with the hopes of increasingly protecting capital as market drawdowns deepen and accelerating performance as market rallies strengthen.

ETFs related toQQC

ETFs correlated to QQC include QQQ, QQQM, QLD

QQC
Simplify Exchange Traded Funds - Simplify Nasdaq 100 PLUS Convexity ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
QMAR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest Nasdaq-100 Buffer ETF - March
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth 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 toQQC

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QQC using Composer

FAQ

QQC is a US Equities ETF. The Simplify Growth Equity PLUS Convexity ETF seeks to track the US growth equity market while boosting performance during extreme market moves up or down via a systematic options overlay. The options component of the fund is designed to create a convex equity payoff, with the hopes of increasingly protecting capital as market drawdowns deepen and accelerating performance as market rallies strengthen.

Yes, QQC 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, QQC 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 QQC is 0.0415%. This is the percent change in the value of QQC over the most recent 1-month period. The 3-month return on QQC is 0.0837%. This is the percent change in the value of QQC over the most recent 3-month period.

The standard deviation of QQC for the past year is 0.2792%. 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 QQC include VXX, XYLD, and VIXY.

ETFs correlated to QQC include QQQ, QQQM, and QLD.

ETFs that are inversely correlated to QQC include PSQ, SQQQ, and QID.

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.