Simplify Volatility Premium ETF (SVOL)
Company overview
SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The funds exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience performance returns that are different than the index. This performance difference can be significant during times of increased volatility. The fund invests through a subsidiary, which avoids K-1 tax reporting and credit risk investors face with other products in this space.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Simplify Volatility Premium ETF (SVOL)
No price history available.
SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The funds exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience performance returns that are different than the index. This performance difference can be significant during times of increased volatility. The fund invests through a subsidiary, which avoids K-1 tax reporting and credit risk investors face with other products in this space.
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