Simplify Intermediate Term Treasury Futures Strategy ETF
Name
As of 02/10/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TYA | Active ETF
$12.44
$47.5 M
2.89%
$0.36
0.25%
Vitals
YTD Return
1.6%
1 yr return
-3.6%
3 Yr Avg Return
-14.8%
5 Yr Avg Return
N/A
Net Assets
$47.5 M
Holdings in Top 10
100.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 02/10/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TYA | Active ETF
$12.44
$47.5 M
2.89%
$0.36
0.25%
TYA - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return -14.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 2.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSimplify Intermediate Term Treasury Futures Strategy ETF
-
Fund Family NameN/A
-
Inception DateOct 08, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Berns
Fund Description
Principal Investment Strategies: The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 20+ Year Index (the “Index”) for a calendar quarter, not for any other period. The Fund has adopted a non-fundamental policy that, under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in futures contracts, call options, and put options on U.S. treasury futures, U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury or fixed income ETFs that invest in U.S. Treasuries. The Fund may hold cash and cash-like instruments or high-quality short term fixed income
securities (collectively, “Collateral”). The Collateral may consist of (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury with a duration of less than two years; (2) money market funds; (3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by companies that are rated investment grade or of comparable quality.
The Fund rebalances its holdings no less frequent than quarterly to position its portfolio so that its exposure to the Index is consistent with its quarterly investment objective. The impact of changes to the value of the Index each quarter will affect whether the Fund’s portfolio needs to be rebalanced.
The Index is a non-investable index that is part of a series of indices intended to assess U.S. Treasury issued debt. The Index consists of only U.S. dollar denominated, fixed rate securities with a minimum term to maturity greater than twenty years.
TYA - Performance
Return Ranking - Trailing
Period | TYA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -39.1% | 4.9% | 80.39% |
1 Yr | -3.6% | -33.5% | 1.5% | N/A |
3 Yr | -14.8%* | -29.8% | 3.6% | N/A |
5 Yr | N/A* | -11.8% | 1.7% | N/A |
10 Yr | N/A* | -9.7% | 3.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | TYA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | -13.6% | -41.8% | 20.5% | N/A |
2023 | -6.2% | -13.8% | 2.6% | N/A |
2022 | -38.9% | -18.1% | 7.6% | N/A |
2021 | N/A | -21.2% | 4.9% | N/A |
2020 | N/A | -21.0% | 0.2% | N/A |
Total Return Ranking - Trailing
Period | TYA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -39.1% | 4.9% | 88.24% |
1 Yr | -3.6% | -33.5% | -3.5% | N/A |
3 Yr | -14.8%* | -29.8% | 1.9% | N/A |
5 Yr | N/A* | -11.8% | 1.2% | N/A |
10 Yr | N/A* | -9.7% | 3.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TYA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | -9.6% | -41.8% | 20.5% | N/A |
2023 | -2.2% | -13.8% | 2.6% | N/A |
2022 | -37.6% | -18.1% | 7.6% | N/A |
2021 | N/A | -21.2% | 4.9% | N/A |
2020 | N/A | -21.0% | 0.2% | N/A |
TYA - Holdings
Concentration Analysis
TYA | Category Low | Category High | TYA % Rank | |
---|---|---|---|---|
Net Assets | 47.5 M | 25.2 M | 20.6 B | 94.44% |
Number of Holdings | 4 | 4 | 315 | 100.00% |
Net Assets in Top 10 | 135 M | -85.5 M | 18.4 B | 77.78% |
Weighting of Top 10 | 100.39% | 17.0% | 99.8% | 19.23% |
Top 10 Holdings
- United States Treasury Bill 80.01%
- United States Treasury Bill 19.52%
- US 10YR NOTE (CBT) 0.59%
- FIDELITY INV MMTRSY 1 680 0.26%
Asset Allocation
Weighting | Return Low | Return High | TYA % Rank | |
---|---|---|---|---|
Bonds | 99.54% | 62.04% | 99.98% | 63.89% |
Other | 0.59% | 0.00% | 3.06% | 63.89% |
Stocks | 0.26% | 0.00% | 0.00% | 63.89% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 63.89% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 63.89% |
Cash | 0.00% | 0.02% | 37.96% | 33.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TYA % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TYA % Rank | |
---|---|---|---|---|
US | 0.26% | 0.00% | 0.00% | 63.89% |
Non US | 0.00% | 0.00% | 0.00% | 63.89% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TYA % Rank | |
---|---|---|---|---|
Derivative | 0.59% | 0.00% | 1.58% | 66.67% |
Cash & Equivalents | 0.00% | 0.02% | 31.29% | 22.22% |
Securitized | 0.00% | 0.00% | 42.48% | 72.22% |
Corporate | 0.00% | 0.00% | 0.48% | 66.67% |
Municipal | 0.00% | 0.00% | 0.01% | 66.67% |
Government | 0.00% | 25.53% | 99.98% | 75.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TYA % Rank | |
---|---|---|---|---|
US | 99.54% | 62.04% | 99.98% | 63.89% |
Non US | 0.00% | 0.00% | 7.04% | 63.89% |
TYA - Expenses
Operational Fees
TYA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.03% | 1.66% | 66.67% |
Management Fee | 0.25% | 0.00% | 0.99% | 68.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | 42.86% |
Administrative Fee | N/A | 0.15% | 0.35% | N/A |
Sales Fees
TYA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.01% | 3.75% | N/A |
Deferred Load | N/A | 1.00% | 3.34% | N/A |
Trading Fees
TYA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TYA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 6.00% | 116.00% | N/A |
TYA - Distributions
Dividend Yield Analysis
TYA | Category Low | Category High | TYA % Rank | |
---|---|---|---|---|
Dividend Yield | 2.89% | 0.00% | 3.63% | 68.63% |
Dividend Distribution Analysis
TYA | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
TYA | Category Low | Category High | TYA % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.74% | 2.87% | N/A |
Capital Gain Distribution Analysis
TYA | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 28, 2025 | $0.030 | OrdinaryDividend |
Dec 23, 2024 | $0.074 | OrdinaryDividend |
Nov 25, 2024 | $0.050 | OrdinaryDividend |
Oct 28, 2024 | $0.050 | OrdinaryDividend |
Sep 25, 2024 | $0.040 | OrdinaryDividend |
Aug 27, 2024 | $0.060 | OrdinaryDividend |
Jul 26, 2024 | $0.060 | OrdinaryDividend |
Jun 25, 2024 | $0.050 | OrdinaryDividend |
Apr 25, 2024 | $0.050 | OrdinaryDividend |
Mar 25, 2024 | $0.010 | OrdinaryDividend |
Feb 26, 2024 | $0.050 | OrdinaryDividend |
Jan 26, 2024 | $0.050 | OrdinaryDividend |
Dec 26, 2023 | $0.109 | OrdinaryDividend |
Nov 27, 2023 | $0.050 | OrdinaryDividend |
Oct 26, 2023 | $0.050 | OrdinaryDividend |
Aug 28, 2023 | $0.050 | OrdinaryDividend |
Jul 26, 2023 | $0.050 | OrdinaryDividend |
Jun 27, 2023 | $0.050 | OrdinaryDividend |
May 25, 2023 | $0.050 | OrdinaryDividend |
Apr 25, 2023 | $0.050 | OrdinaryDividend |
Mar 27, 2023 | $0.050 | OrdinaryDividend |
Feb 23, 2023 | $0.050 | OrdinaryDividend |
Jan 26, 2023 | $0.050 | OrdinaryDividend |
Dec 27, 2022 | $0.050 | OrdinaryDividend |
Nov 25, 2022 | $0.050 | OrdinaryDividend |
Oct 26, 2022 | $0.060 | OrdinaryDividend |
Sep 27, 2022 | $0.060 | OrdinaryDividend |
Aug 26, 2022 | $0.021 | OrdinaryDividend |
Jul 26, 2022 | $0.010 | OrdinaryDividend |
Jun 27, 2022 | $0.018 | OrdinaryDividend |
May 25, 2022 | $0.011 | OrdinaryDividend |
Apr 26, 2022 | $0.017 | OrdinaryDividend |
Mar 28, 2022 | $0.019 | OrdinaryDividend |
Feb 23, 2022 | $0.013 | OrdinaryDividend |
Jan 26, 2022 | $0.010 | OrdinaryDividend |
Dec 27, 2021 | $0.016 | OrdinaryDividend |
Nov 24, 2021 | $0.006 | OrdinaryDividend |
Oct 26, 2021 | $0.006 | OrdinaryDividend |
TYA - Fund Manager Analysis
Managers
David Berns
Start Date
Tenure
Tenure Rank
Sep 27, 2021
0.67
0.7%
David Berns, PhD, is the chief investment officer and co-founder of the Simplify Asset Management Inc. Prior to co-founding the Simplify Asset Management in 2020, he founded Portfolio Designer, LLC, a company that specializes in portfolio design and from 2018 to 2019 was a managing director at Nasdaq Dorsey Wright. Prior to joining Nasdaq Dorsey Wright, Inc., he founded and developed a company that specializes in proprietary trading. He has specialized in developing asset allocation, portfolio management, and risk management systems for managing private and institutional wealth. Mr. Berns has a PhD in Physics from the Massachusetts Institute of Technology in the field of Quantum Computation.
Paul Kim
Start Date
Tenure
Tenure Rank
Sep 27, 2021
0.67
0.7%
Paul Kim is LVAM’s Head of Multi Manager and has overall responsibility for our range of Multi Manager funds. He is supported by Portfolio Managers Richard Timberlake and Simon Brooks. Paul joined LVAM in 2011 with 27 years’ investment experience having been Research Director at IMS Ltd. from 1999, a UK based multi-manager acquired by FundQuest in 2008. Previously, Paul held senior roles at Old Mutual, AXA Sun Life, Spencer Thornton and Alexander Stenhouse Fund Managers. He is a member of the Securities Institute.
Shailesh Vasundhra
Start Date
Tenure
Tenure Rank
Sep 27, 2021
0.67
0.7%
Shailesh Vasundhra, hired 12/2002, is Portfolio Manager for Deephaven Domestic Convertible Trading Ltd. and Portfolio Manager for the Deephaven Global Convertibles Select Opportunities Fund. Shailesh was most recently a founding principal and head portfolio manager of Cobra Management, LLC, an investment firm specializing in convertible arbitrage. Shailesh received his MBA from the Amos Tuck School of Business at Dartmouth College. He also has an undergraduate degree in Electronics and Communications Engineering from the University of Mysore, India.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.41 | 25.85 | 7.77 | 14.84 |