Simplify Volatility Premium ETF
SVOL
Market cap $1.25B

21.62 USD

-0.08

0.37%

Updated Oct 22, 10:48 AM EDT

1 day

-0.37%

5 days

-0.23%

1 month

-3.61%

3 months

-4.63%

6 months

-2.70%

Year to date

-5.26%

1 year

-1.99%

5 years

-14.04%

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

142% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 12

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

8% more funds holding

Funds holding: 61 [Q1] → 66 (+5) [Q2]

6.2% less ownership

Funds ownership: 14.28% [Q1] → 8.08% (-6.2%) [Q2]

13% less call options, than puts

Call options by funds: $112K | Put options by funds: $128K

28% less capital invested

Capital invested by funds: $113M [Q1] → $81.2M (-$31.9M) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for SVOL.

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Financial journalist opinion

Based on 3 articles about SVOL published over the past 30 days

SVOL: Big Yield Passing The Tests

SVOL's strategy of shorting VIX futures and using hedges like VIX calls and S&P500 put spreads proved effective during August's dip, preventing permanent capital losses. The fund's portfolio remains heavily invested in Treasury Bills, with increased complexity and diversification into currency futures and multiple VIX call expiration dates. Despite a slight dividend cut to $0.28, the 16% yield is mostly sustainable, supported by expected market growth and improved options trade profits from rate cuts.

SVOL: Big Yield Passing The Tests

SVOL: Is this 16% yielding a good ETF to buy and hold?

The Simplify Volatility Premium ETF (SVOL) has become one of the most popular funds among income investors this year. It has done modestly well since its inception, and has one of the highest dividend yields in the industry.

SVOL: Is this 16% yielding a good ETF to buy and hold?

SVOL: Treat This Like A High-Yield Hedge Fund

The fund's large holdings in "fixed-income ETFs" and options mean it shouldn't be treated solely as a short VIX futures fund but rather as a hedge fund for income. Its fixed-income ETFs consist of Simplify's other funds that often have their own option overlays on top of their holdings. Distributions look to be sustainable given SVOL's balance sheets and ability to regrow NAV after each distribution.

SVOL: Treat This Like A High-Yield Hedge Fund

Net Asset Value Restatement for Simplify Aggregate Bond ETF (AGGH) & Simplify Volatility Premium ETF (SVOL)

NEW YORK--(BUSINESS WIRE)--Simplify announces net asset value restatement for AGGH and SVOL ETFs.

Net Asset Value Restatement for Simplify Aggregate Bond ETF (AGGH) & Simplify Volatility Premium ETF (SVOL)

SVOL: The Hedge Worked, I Maintain A Strong Buy

The Simplify Volatility Premium ETF aims for 15% annual returns through short VIX futures, bond collateral, and options spreads, showcasing strong active management. Despite a recent VIX spike, SVOL's risk management and hedging strategies worked as expected, ensuring quick recovery and minimal shareholder losses. SVOL's holdings, including various Simplify ETFs, add convexity and yield, but also introduce significant derivative-related risks that need careful monitoring.

SVOL: The Hedge Worked, I Maintain A Strong Buy

Navigating A Historic VIX Spike With SVOL

SVOL typically shorts between 20% and 30% of its portfolio across the VIX futures term structure, greatly limiting downside risk compared to other products with more exposure. SVOL allocates 2% to 4% of its portfolio annually to mitigate VIX spikes, utilizing strategies such as purchasing call options on the VIX or implementing equity puts or put spreads for added protection. We believe that SVOL is a better-designed short VIX strategy, offering investors an alternative source of equity income with enhanced risk management.

Navigating A Historic VIX Spike With SVOL

3 Short-Term Volatility ETFs to Watch Following Market Sell-Off

Volatility ETFs stood out over the last week amid the big market sell-off. Volatility spiked considerably as a wave of selling spread from Japan.

3 Short-Term Volatility ETFs to Watch Following Market Sell-Off

SVOL Just Passed A Massive Test, We're Big Buyers

SVOL is an interesting high-yield ETF, and we like how the fund is structured to produce income over time. In theory, SVOL should be somewhat susceptible to spikes in the VIX, and this has prevented us from getting 'too large' in the name in the past. Monday, we got our first look into how the ETF would perform during a spike in volatility, and it did incredibly well.

SVOL Just Passed A Massive Test, We're Big Buyers

SVOL: Recent Sell-Off Highlights The Fund's Poor Construction

Simple investments can be more successful than complicated ones, as overly complex investments may hide unacceptable risks. The Simplify Volatility Premium ETF offered total returns of 27.54% over the last 3 years, but recent performance and tax structure raise concerns. SVOL's strategy involves shorting the VIX and investing in government bonds, but consistent decline in net asset value and unfavorable taxes make it a sell.

SVOL: Recent Sell-Off Highlights The Fund's Poor Construction

SVOL: This 16% Yielding Monthly Dividend ETF Is Perfect For One Type Of Investor

High-yield monthly paying dividends are becoming increasingly popular. SVOL is a unique strategy ETF that offers a 16% yield, paid monthly. SVOL is designed to deliver market-like returns with lower volatility and diversify one's portfolio.

SVOL: This 16% Yielding Monthly Dividend ETF Is Perfect For One Type Of Investor

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