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ETFs

Simplify Intermediate Term Treasury Futures Strategy ETF

TYA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 27 2021
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$292,357
AUM
$49,075,013
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

B 10/03/23 Govt
B 10/03/23 Govt
53.94%
B 0 12/19/23
B 12/19/23 Govt
44.36%
n/a
Cash
1.70%
n/a
Derivatives offset
-367.93%
Invest with TYA

What is TYA?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 20+ Year Index (the Index ) for a calendar quarter, not for any other period. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in futures contracts, call options, and put options on U.S. treasury futures, U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury or fixed income ETFs that invest in U.S. Treasuries. The Fund may hold cash and cash-like instruments or high-quality short term fixed income securities (collectively, Collateral ). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury with a duration of less than two years; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality.

ETFs related toTYA

ETFs correlated to TYA include VGIT, SPTI, SCHR

TYA
Simplify Exchange Traded Funds - Simplify Intermediate Term Treasury Futures Strategy ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
IBTJ
iShares Trust - iShares iBonds Dec 2029 Term Treasury ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury 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 toTYA

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with TYA using Composer

FAQ

TYA is a US Bonds ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 20+ Year Index (the Index ) for a calendar quarter, not for any other period. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in futures contracts, call options, and put options on U.S. treasury futures, U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury or fixed income ETFs that invest in U.S. Treasuries. The Fund may hold cash and cash-like instruments or high-quality short term fixed income securities (collectively, Collateral ). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury with a duration of less than two years; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality.

Yes, TYA 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, TYA 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 TYA is -0.0579%. This is the percent change in the value of TYA over the most recent 1-month period. The 3-month return on TYA is -0.1498%. This is the percent change in the value of TYA over the most recent 3-month period.

The standard deviation of TYA for the past year is 0.2654%. 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 TYA include SHY, BIL, and SPTL.

ETFs correlated to TYA include VGIT, SPTI, and SCHR.

ETFs that are inversely correlated to TYA include PST, TBX, and TTT.

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.