Simplify Exchange Traded Etf Profile
YGLD Etf | 26.15 0.70 2.75% |
Performance25 of 100
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Simplify Exchange is trading at 26.15 as of the 13th of December 2024, a 2.75 percent up since the beginning of the trading day. The etf's lowest day price was 25.87. Simplify Exchange has 50 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 days. The performance scores are derived for the period starting the 19th of November 2023 and ending today, the 13th of December 2024. Click here to learn more.
Simplify Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Gold ETFs, Precious Metals ETFs (View all Sectors) |
Issuer | Simplify Asset Management |
Inception Date | 2024-12-02 |
Entity Type | Regulated Investment Company |
Asset Under Management | 3.77 Million |
Asset Type | Commodities |
Category | Precious Metals |
Focus | Gold |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Simplify Asset Management Inc. |
Custodian | The Bank of New York Mellon Corporation |
Distributor | Foreside Financial Services, LLC |
Portfolio Manager | David Berns, Emilio Freire Bauzano |
Transfer Agent | The Bank of New York Mellon Corporation |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 24.0 |
Total Expense | 0.5 |
Management Fee | 0.5 |
Name | Simplify Exchange Traded Funds |
Currency Code | USD |
Code | YGLD |
Country Name | USA |
Open Figi | BBG01R2V82Q7 |
Updated At | 8th of December 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 3rd of December 2024 |
Is Delisted | false |
Simplify Exchange Traded [YGLD] is traded in USA and was established null. The fund is not listed under any group at this time. The fund at this time have in net assets.
Check Simplify Exchange Probability Of Bankruptcy
Simplify Exchange Traded Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Simplify Exchange. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.3475 | |||
Jensen Alpha | 0.5501 | |||
Total Risk Alpha | 0.3912 | |||
Treynor Ratio | 5.74 |
Simplify Exchange Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Simplify Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Simplify Exchange Traded is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Exchange's value that differs from its market value or its book value, called intrinsic value, which is Simplify Exchange's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simplify Exchange's market value can be influenced by many factors that don't directly affect Simplify Exchange's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simplify Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Exchange's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.