Simplify Exchange Traded Funds Simplify Propel Opportunities ETFSimplify Exchange Traded Funds Simplify Propel Opportunities ETFSimplify Exchange Traded Funds Simplify Propel Opportunities ETF

Simplify Exchange Traded Funds Simplify Propel Opportunities ETF

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Key stats


Assets under management (AUM)
‪67.65 M‬USD
Fund flows (1Y)
‪1.29 M‬USD
Dividend yield (indicated)
17.35%
Discount/Premium to NAV
1.7%
Shares outstanding
‪4.39 M‬
Expense ratio
2.54%

About Simplify Exchange Traded Funds Simplify Propel Opportunities ETF


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Home page
Inception date
Feb 8, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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.
SURI actively manages a multi-asset strategy by investing in equity and fixed income securities of companies in the biotech, pharmaceuticals, healthcare technology, and life science tools and services industries. Investments include common and preferred stocks, convertible bonds, structured notes, corporate notes and bonds, and ETFs. There are no restrictions as to the currency, issuer capitalization, or country for equities, and debt credit quality, maturity, structure, or issuer type for debt securities. The management team identifies attractive investment opportunities by evaluating the scientific proposition of the issuer, the probability that the science will lead to a product or treatment, and projected profits from each successful product or treatment. The fund typically includes small- and mid-caps. SURI may invest up to 20% in derivatives to leverage exposure and partially hedge against market declines. It holds cash and cash-like instruments as collateral.

Broaden your horizons with more funds linked to SURI via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Health Technology
Industrial Services
Cash
Stocks79.62%
Health Technology42.76%
Industrial Services36.86%
Bonds, Cash & Other20.38%
Cash13.85%
Corporate5.88%
Miscellaneous0.64%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SURI trades at 15.55 USD today, its price has fallen −0.81% in the past 24 hours. Track more dynamics on SURI price chart.
SURI net asset value is 15.57 today — it's fallen 2.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SURI assets under management is ‪67.65 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SURI price has fallen by −3.47% over the last month, and its yearly performance shows a −32.22% decrease. See more dynamics on SURI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.48% over the last month, showed a 19.49% increase in three-month performance and has decreased by −31.63% in a year.
SURI fund flows account for ‪1.29 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SURI invests in stocks. See more details in our Analysis section.
SURI expense ratio is 2.54%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SURI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SURI technical analysis shows the buy rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SURI shows the sell signal. See more of SURI technicals for a more comprehensive analysis.
Yes, SURI pays dividends to its holders with the dividend yield of 17.35%.
SURI trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SURI shares are issued by Simplify Asset Management, Inc.
SURI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 8, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.