Simplify Stable Income ETF

BUCK

Market cap $348M

Overview Fund Activity

23.95 USD

-0.01

0.04%

At close Updated Sep 15, 3:59 PM EDT

1 day

-0.04%

5 days

0.59%

1 month

0.55%

3 months

2.05%

6 months

-3.11%

Year to date

-2.36%

1 year

-3.15%

5 years

-4.58%

10 years

-4.58%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

111% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 18

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

1% more funds holding

Funds holding: 78 [Q1] → 79 (+1) [Q2]

0.83% more ownership

Funds ownership: 48.72% [Q1] → 49.55% (+0.83%) [Q2]

1% less capital invested

Capital invested by funds: $172M [Q1] → $170M (-$2.18M) [Q2]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]

See Fund Rankings

Financial journalist opinion

Protect Your Bucks By Selling BUCK (Rating Downgrade)

Simplify Treasury Option Income ETF aims to provide monthly income by combining Treasury holdings with an options strategy, positioning itself as a cash alternative with yield enhancement. The ETF has underperformed traditional cash vehicles, posting a negative Sharpe ratio and high volatility, failing to meet its stated objectives. BUCK relies on portfolio manager discretion for rates trading, resulting in hedge-fund-like risks without delivering superior returns or transparency.

Protect Your Bucks By Selling BUCK (Rating Downgrade)

BUCK: Potential Yield From Short Durations. But At What Cost?

A Short-Duration ETF with an Options-Based Yield Boost: Just What We Needed? Yes, but not to be confused with true cash alternatives; here, risk amplifies with volatility. The options strategy boosts the yield above 8%, with monthly returns, over 70% in the form of ROC, but beware of the total return.

BUCK: Potential Yield From Short Durations. But At What Cost?

BUCK The Trend 2.0: Seek Attractive Yields Without Chasing Credit Risk

U.S. Treasury Bill yields have been trending lower since last July as interest rate cuts started to be priced into the market. The Simplify Treasury Option Income ETF is a yield-enhanced Treasury Bill fund. This ETF looks to maximize Treasury Bill total returns while targeting a duration of one year or less and additionally looks to enhance yield via structural alpha by selling options on Treasuries. In our view, option-based convexity risk is much more compelling than credit risk right now given that the MOVE Index remains elevated and credit spreads are very tight.

BUCK The Trend 2.0: Seek Attractive Yields Without Chasing Credit Risk

BUCK: This Is Not A Cash Alternative (Rating Upgrade)

I initially rated BUCK as Sell due to volatility and unpredictability, but new information regarding BUCK's operational strategy prompted me to upgrade my rating. BUCK offers 2-3% higher yields than short-term US treasuries, making it a viable high-yield bond alternative with lower volatility. Though it's still not suitable as a short-term cash alternative, income investors can appreciate BUCK's higher income and lower volatility compared to traditional high yield bonds.

BUCK: This Is Not A Cash Alternative (Rating Upgrade)

New Fund Name for Simplify Stable Income ETF (BUCK)

NEW YORK--(BUSINESS WIRE)--Simplify Stable Income ETF (BUCK) has been renamed as Simplify Treasury Option Income ETF, effective October 29, 2024.

New Fund Name for Simplify Stable Income ETF (BUCK)

I'm Seeking Up To 8% Yields For My Cash, Here Are My 3 Favorite ETFs

As clients inquire about next year's income, I recommend three favorite income funds to include in their portfolios. These funds are designed to generate reliable income and are primarily non-equity based, offering diversification. The funds have been selected based on their performance, stability, and potential to provide consistent returns.

I'm Seeking Up To 8% Yields For My Cash, Here Are My 3 Favorite ETFs

Simplify Provides Estimated Capital Gain Distribution Information for 2024

NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.

Simplify Provides Estimated Capital Gain Distribution Information for 2024

BUCK The Trend: Seek Attractive Yields Without Chasing Credit Risk

Treasury Bill yields have been declining due to anticipated interest rate cuts, prompting investors to seek alternatives to money market funds. BUCK's strategy leverages high demand for Treasury options to generate additional income, focusing on convexity risk over credit risk. Investors seeking a cash alternative with higher total returns and minimal credit risk should consider BUCK, despite accepting some volatility.

BUCK The Trend: Seek Attractive Yields Without Chasing Credit Risk

BUCK: The Risks Have Not Paid Off

BUCK's option writing strategy has not consistently outperformed U.S. treasuries, despite the higher volatility and risk. The fund's NAV decline and tie to SVOL raise concerns about its long-term viability and investor interest. Consider alternatives like covered call equities for similar yields and higher total returns or U.S. treasuries and CSHI for lower volatility.

BUCK: The Risks Have Not Paid Off

BUCK: Harvesting Interest Rate Volatility Premium To Boost Treasury Returns

The BUCK ETF is marketed as a cash replacement tool. It writes options on interest rate indices and bond futures to boost treasury returns. BUCK's 1-year total return of 6.3% is comparable to JPST but it exhibits higher price volatility than comparable cash replacement funds. I personally prefer JPST and JAAA's modest credit exposures, as credit markets are relatively easier to monitor.

BUCK: Harvesting Interest Rate Volatility Premium To Boost Treasury Returns

See News Rankings

Charts implemented using Lightweight Charts™