Simplify Exchange Traded Funds Simplify Market Neutral Equity Long/Short ETF
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About Simplify Exchange Traded Funds Simplify Market Neutral Equity Long/Short ETF
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Inception date
Jun 13, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
The security is being delisted. The last day of trading on an exchange is May 23, 2025. EQLS neutralizes equity exposure through long and short positions using total return swaps. Companies in the fund's swap basket are selected using a machine learning-powered quantitative ranking system. The system considers over 500 fundamental factors based on forward-looking return expectations. The fund typically includes 100 stocks with the best expected returns in the long basket and 100 stocks with the lowest expected returns in the short basket. The swaps provide the fund with approximately 200% equity exposure on both its long and short baskets. The 200% long and short positions are not direct hedges, and the adviser constructs the portfolio such that the fund will achieve a market-neutral result. The actively managed fund typically rebalances monthly based on the ranking system, although the adviser has the discretion to rebalance more frequently. The adviser may also tactically shift the fund's net long/short equity exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government95.57%
Cash4.43%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EQLS last dividends amounted to 0.10 USD. The quarter before, the issuer paid 0.10 USD in dividends,
EQLS assets under management is 5.03 M USD. It's risen 3.56% over the last month.
EQLS fund flows account for −142.63 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EQLS pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Mar 31, 2025) amounted to 0.10 USD. The dividends are paid quarterly.
EQLS shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Jun 13, 2023, and its management style is Active.
EQLS expense ratio is 1.00% meaning you'd have to pay 1.00% of your investment to help manage the fund.
EQLS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EQLS invests in bonds.
EQLS price has risen by 4.95% over the last month, and its yearly performance shows a −2.68% decrease. See more dynamics on EQLS price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.69% increase in three-month performance and has decreased by −2.36% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.69% increase in three-month performance and has decreased by −2.36% in a year.
EQLS trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.