Simplify US Equity PLUS Downside Convexity ETF (SPD)

Simplify US Equity PLUS Downside Convexity ETF (SPD) is an exchange-traded fund in the Large Blend category. It has $103.58M in assets, an expense ratio of 0.53% and a 0.95% dividend yield. The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The downside convexity option overlay strategy includes purchasing exchange-tra…