Simplify Enhanced Income ... (HIGH)
| Bid | 22.82 |
| Market Cap | 184.64M |
| AUM | 190.2M |
| NAV | 23.92 |
| EPS (ttm) | n/a |
| PE Ratio (ttm) | n/a |
| Shares Out | 7.65M |
| Inception Date | Oct 26, 2022 |
| Ask | 24.4 |
| Volume | 129.13K |
| Open | 24.14 |
| Previous Close | 24.23 |
| Day's Range | 23.97 - 24.20 |
| 52-Week Range | 20.98 - 25.15 |
| Holdings | 38 |
| Expense Ratio | 0.52% |
About HIGH
The Simplify Enhanced Income ETF (HIGH) seeks to provide monthly income by selling short-dated put and/or call spreads on a variety of equity and fixed income instruments, which may include indices, ETFs or individual securities. The fund is intended to be an alternative high yield solution, as it seeks to provide significant supplemental income to T-bills 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.
Top 10 Holdings 99.17% of assets
| Name | Symbol | Weight |
|---|---|---|
| B 08/05/25 Govt | B 08/05/25 Govt | 71.08% |
| B 07/08/25 Govt | B 07/08/25 Govt | 14.63% |
| B 09/30/25 Govt | B 09/30/25 Govt | 6.21% |
| B 08/26/25 Govt | B 08/26/25 Govt | 3.95% |
| Spxw Us 07/18/25 C63... | SPXW US 07/18/25 C6300 Index | 0.86% |
| B 07/29/25 Govt | B 07/29/25 Govt | 0.78% |
| Spxw Us 07/31/25 C65... | SPXW US 07/31/25 C6500 Index | 0.52% |
| Spxw Us 07/09/25 C62... | SPXW US 07/09/25 C6275 Index | 0.41% |
| Spxw Us 08/15/25 C64... | SPXW US 08/15/25 C6400 Index | 0.37% |
| Spxw Us 07/03/25 C62... | SPXW US 07/03/25 C6200 Index | 0.36% |
Dividends Dividend Yield 7.2%
| Ex-Dividend | Amount | Payment Date |
|---|---|---|
| May 27, 2025 | $0.2000 | May 30, 2025 |
| Apr 25, 2025 | $0.1500 | Apr 30, 2025 |
| Mar 26, 2025 | $0.1000 | Mar 31, 2025 |
| Feb 25, 2025 | $0.1000 | Feb 28, 2025 |
| Jan 28, 2025 | $0.1100 | Jan 31, 2025 |
3 months ago · seekingalpha.com
HIGH: Elevated By Nomenclature Only, Returns Are Low (Rating Downgrade)The Simplify Enhanced Income ETF employs a complex options trading strategy, akin to a hedge fund, which has resulted in significant underperformance compared to stable cash alternatives like BIL. HIG...