CDX:NYE-Simplify Exchange Traded Funds (USD)

ETF | Others |

Last Closing

USD 23.094

Change

-0.05 (-0.19)%

Market Cap

USD 0.12B

Volume

6.60K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The adviser seeks to achieve the fund"s investment objective by investing in high yield bonds also known as "junk bonds" primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund"s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-04 )

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ETFs Containing CDX

FIG Simplify Macro Strategy E.. 1.61 % 0.00 %

-0.14 (-0.68%)

USD 0.01B
SVOL Simplify Volatility Premi.. 1.51 % 0.00 %

+0.11 (+-0.68%)

USD 1.18B
CYA 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.22% 31% F 38% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.22% 32% F 39% F
Trailing 12 Months  
Capital Gain 3.33% 21% F 30% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.33% 26% F 33% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 1.10% 51% F 40% F
Dividend Return 4.77% 68% D+ 46% F
Total Return 3.67% 89% A- 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.36% 69% C- 87% B+
Risk Adjusted Return 74.95% 83% B 87% B+
Market Capitalization 0.12B 64% D 30% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.