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Upturn AI Summary
Simplify Opportunistic Income ETF(CRDT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CRDT
09/25/2026: CRDT (1-star) is currently NOT-A-BUY. Pass it for now.
Simplify Opportunistic Income ETF (CRDT) is an actively managed fund that targets high current income by investing across a broad spectrum of credit securities, including corporate bonds, mortgage-backed securities, and credit derivatives. Its main strength lies in its tactical agility, allowing the management team to adjust exposure based on credit quality and economic outlook rather than adhering to a rigid index. It serves well as a yield-enhancing component in a diversified portfolio, though investors should be mindful of concentration risks, the potential for interest rate volatility, and the higher expense ratio compared to passive options. This ETF is best suited for income-focused investors who value active management and are comfortable with the inherent risks of credit and derivative strategies.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | CRDT is primarily an income-generating tool rather than a vehicle for capital appreciation. |
| Momentum investor | Mixed fit | Strong fit only during periods where credit spreads are narrowing and the fund's tactical calls align with market trends. |
| Value investor | Strong fit | The fund excels at identifying and holding undervalued credit opportunities that passive investors might overlook. |
| Dividend/Income investor | Strong fit | The core objective of the fund is to provide consistent income through diversified credit exposure. |
| Low-risk investor | Mixed fit | While diversified, the fund's active use of credit and derivatives introduces risks that may exceed those of ultra-low-risk government bond funds. |
Investor Profile
Ideal Investor Profile
An investor seeking regular income who understands the risks of active management and the credit market.
Suitability
Best suited for long-term income-oriented investors who want professional management to navigate the complexities of the bond market.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | Active management of credit and derivatives can lead to price swings that exceed traditional Treasury ETFs. |
| Market risk | Medium / high | Changes in interest rates and broad economic conditions directly impact the value of the underlying bonds. |
| Concentration | Medium | The fund may tilt toward specific credit sectors, increasing exposure to sector-specific economic shifts. |
| Tracking/expense | Low | As an active fund, tracking error is expected; the expense ratio is reasonable for the strategy. |
| Liquidity | Medium | Certain credit segments may become less liquid during periods of market stress, affecting trade execution. |
| Business/sector quality | Medium | The fund's performance depends on the credit quality of the corporate issuers held within the portfolio. |
Risk Analysis
Volatility
CRDT exhibits moderate volatility commensurate with a multi-sector credit portfolio using some derivative overlays.
Market Risk
The fund is sensitive to credit spread changes, duration risk, and the overall macroeconomic stability affecting corporate issuers.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | Corporate Bonds (High Yield and Investment Grade) | 65 | These bonds serve as the primary engine for generating yield within the portfolio. |
| Fixed-income type | Mortgage-Backed Securities (MBS) | 20 | MBS provide diversified income streams backed by residential or commercial real estate loans. |
| Derivatives | Credit Default Swaps and Interest Rate Hedges | 10 | These instruments are used to hedge systemic risk or gain synthetic exposure to specific credit markets. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintains liquidity for tactical trading opportunities and portfolio rebalancing. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 5.44% | Avg. Invested days 63 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Sep 27, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $28.85M |
| Issuer | Simplify Asset Management |
| Expense Ratio | 0.5% |
| Distribution Yield | 5.85% |
| Inception | Jun 26, 2023 |
Performance
| Period | Total Return |
|---|---|
| YTD | -4.39% |
| 1 Year | -4.09% |
| 3 Year | +0.94% |
| 5 Year | +0.00% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 6.52% |
| 3Y Volatility | 5.86% |
| 3Y Sharpe Ratio | -0.17 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
| Sustainability Rating | 2 / 5 |
| Benchmark | BBgBarc US Agg Bond TR USD |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Micro Cap | 14.69% |
| Small Cap | 10.07% |
| Mid Cap | 1.95% |
Top Sectors
| Sector | Weight |
|---|---|
| Real Estate | 86.27% |
| Consumer Cyclicals | 13.73% |
| Basic Materials | 0.00% |
| Financial Services | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 5.68x |
| Portfolio P/B | 0.88x |
| Portfolio P/S | 0.54x |
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| New Residential Investment | 8.49% |
| Braemar Hotel & Resorts | 3.85% |
| Chimera Investment | 3.80% |
| Full House Resorts | 3.67% |
| NGL Energy Partners LP | 3.40% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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