Simplify Barrier Income ETF

SBAR

Market cap $104M

Simplify Barrier Income ETF offers retail investors access to barrier options and autocallable structures, targeting a high yield in stable or rising markets. SBAR sells 'worst-of' 30% down-and-in barrier put options on SPX, NDX, and RUT, exposing investors to the most volatile index in the basket. While SBAR is on pace for a strong 20% annualized return, risks include market crashes, 'worst-of' structuring, and prolonged recessions impacting returns.

The Simplify Barrier Income ETF and the Simplify Target 15 Distribution ETF offer a more flexible and streamlined alternative to traditional structured products by eliminating bank credit risk, reducing compliance burdens, ensuring continuous liquidity, and seamlessly rolling into new vintages. With continuous liquidity and no lock-up periods, investors can enter and exit positions with ease, unlike traditional notes that may have rigid holding requirements. SBAR targets contingent downside with a 30% barrier, while XV aims for a 15% income target with dynamic risk management.

On Tuesday, Simplify Asset Management expanded its ETF suite with the launch of two new funds.  Both funds are actively managed, with net expense ratios sitting at 75 basis points.