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Upturn AI SWOT - About
Simplify Exchange Traded Funds - Simplify Enhanced Income ETF (HIGH)
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Upturn Advisory Summary
04/04/2025: HIGH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 7.37% | Avg. Invested days 194 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/04/2025 |
Key Highlights
Volume (30-day avg) 153666 | Beta - | 52 Weeks Range 20.98 - 23.38 | Updated Date 04/5/2025 |
52 Weeks Range 20.98 - 23.38 | Updated Date 04/5/2025 |
Upturn AI SWOT
Simplify Exchange Traded Funds - Simplify Enhanced Income ETF
ETF Overview
Overview
The Simplify Enhanced Income ETF (HIGH) aims to provide current income while maintaining prospects for capital appreciation by investing in a portfolio of US equities, fixed income, and options.
Reputation and Reliability
Simplify Asset Management is a relatively new issuer known for its focus on option-based and structured outcome ETFs.
Management Expertise
Simplify's management team has experience in options trading and portfolio management, specializing in risk-managed investment strategies.
Investment Objective
Goal
The primary investment goal is to generate enhanced income while providing the potential for long-term capital appreciation.
Investment Approach and Strategy
Strategy: The ETF employs a multi-asset strategy utilizing US equities, fixed income instruments, and options overlays to generate income and manage risk.
Composition The ETF invests in US equities, fixed income securities (including corporate bonds and government debt), and options on broad market indices (e.g., S&P 500).
Market Position
Market Share: Insufficient data available to calculate precise market share.
Total Net Assets (AUM): Estimated to be less than $100 million as of late 2024.
Competitors
Key Competitors
- JEPI
- QYLD
- XYLD
Competitive Landscape
The high income ETF market is competitive, with several established players. HIGH differentiates itself through its specific asset allocation strategy, combining equities, fixed income and options. Compared to competitors like QYLD and XYLD, HIGH's hybrid approach may offer more diversification but its AUM is significantly lower, making it less liquid.
Financial Performance
Historical Performance: Performance data requires time-series analysis, not directly representable in this JSON format. Consult financial data providers for historical returns.
Benchmark Comparison: Benchmark comparison requires specific benchmark identification and data analysis. Consult financial data providers for benchmark comparisons.
Expense Ratio: 0.50
Liquidity
Average Trading Volume
The ETF's average trading volume is generally low, which can affect the ease of buying and selling shares.
Bid-Ask Spread
Due to the low trading volume, the bid-ask spread can be relatively wide, potentially increasing trading costs.
Market Dynamics
Market Environment Factors
Economic conditions, interest rate movements, equity market volatility, and investor sentiment towards income-generating assets impact HIGH's performance.
Growth Trajectory
Growth depends on investor demand for income-generating strategies and Simplify's ability to effectively manage the fund's asset allocation and options strategy.
Moat and Competitive Advantages
Competitive Edge
HIGH aims to generate enhanced income through a combination of US equities, fixed income, and options. The options strategy seeks to provide income from premiums, while the fixed income component offers stability. Simplify's expertise in structured outcomes and option strategies provides a differentiated approach compared to simpler high-yield ETFs. However, HIGH's relative newness makes it difficult to assess long-term performance compared to more established competitors. Its multi-asset approach sets it apart in a crowded income-focused ETF market.
Risk Analysis
Volatility
The ETF's volatility will depend on the volatility of its underlying assets, including equities, fixed income, and options. Options strategies can amplify both gains and losses.
Market Risk
Market risk includes the possibility of declines in equity and fixed income markets, as well as the potential for options strategies to underperform in certain market conditions.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking current income with a moderate risk tolerance and a longer-term investment horizon.
Market Risk
The ETF is suitable for investors seeking to enhance income and are willing to accept greater risk than traditional fixed income investments but less than pure equity investments. It may be suitable for long-term investors and active traders seeking to enhance portfolio income.
Summary
Simplify Enhanced Income ETF (HIGH) seeks enhanced income through a diversified strategy of US equities, fixed income, and options. The ETF's performance hinges on Simplify's options expertise and effective asset allocation. Its relative newness means less historical data is available. It is suitable for investors seeking income with moderate risk tolerance. However, potential investors should note the ETF's low trading volume.
Similar Companies
DIVO
Amplify CWP Enhanced Dividend Income ETF
DIVO
Amplify CWP Enhanced Dividend Income ETF
JEPI
JPMorgan Equity Premium Income ETF
JEPI
JPMorgan Equity Premium Income ETF
QYLD
Global X NASDAQ 100 Covered Call ETF
QYLD
Global X NASDAQ 100 Covered Call ETF
XYLD
Global X S&P 500® Covered Call ETF
XYLD
Global X S&P 500® Covered Call ETF
Sources and Disclaimers
Data Sources:
- Simplify Asset Management Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making investment decisions.
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.
About Simplify Exchange Traded Funds - Simplify Enhanced Income ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests primarily in interest income producing U.S. Treasury securities such as bills, notes, and bonds and fixed income ETFs that invest primarily in U.S. Treasuries. The fund targets an average securities portfolio duration of two years or less but does not restrict individual security maturity. The fund adviser expects to gain exposure to certain options markets by investing up to 25% of its assets in a wholly owned subsidiary of the fund organized under the laws of the Cayman Islands.
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