Simplify Macro Strategy Etf Profile

FIG Etf  USD 22.59  0.08  0.36%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Simplify Macro is trading at 22.59 as of the 30th of November 2024. This is a 0.36 percent increase since the beginning of the trading day. The etf's lowest day price was 22.59. Simplify Macro has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Simplify Macro Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will primarily invest in equity, fixed income, and alternative ETFs that are managed by the adviser. Simplify Macro is traded on NYSEARCA Exchange in the United States. The company has 219.4 M outstanding shares of which 2.74 M shares are currently shorted by investors with about 0.98 days to cover. More on Simplify Macro Strategy

Moving together with Simplify Etf

  0.66MFUL Collaborative InvestmentPairCorr

Moving against Simplify Etf

  0.49ULE ProShares Ultra EuroPairCorr

Simplify Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[FIG, Freedom Insurance Group Limited]
Business ConcentrationGlobal Macro ETFs, Absolute Returns ETFs, Moderate Allocation, Simplify Asset Management, Trading, Financial (View all Sectors)
IssuerSimplify Asset Management
Inception Date2022-05-16
Entity TypeRegulated Investment Company
Asset Under Management14.14 Million
Asset TypeMulti Asset
CategoryAbsolute Returns
FocusGlobal Macro
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorSimplify Asset Management Inc.
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Financial Services, LLC
Portfolio ManagerPaul Kim, David Berns, Michael Green
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents320
Market MakerWolverine Trading
Total Expense1.25
Management Fee0.75
200 Day M A21.6979
Country NameUSA
50 Day M A21.4915
CodeFIG
Updated At29th of November 2024
Returns Y T D(0.73)
NameSimplify Macro Strategy ETF
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG017H2K4B7
TypeETF
1y Volatility7.08
Simplify Macro Strategy [FIG] is traded in USA and was established 2022-05-16. The fund is classified under Moderate Allocation category within Simplify Asset Management family. The entity is thematically classified as Global Macro ETFs. Simplify Macro Strategy currently have 20.66 M in assets under management (AUM). , while the total return for the last year was 2.0%. Simplify Macro Strategy has about 665.57 M in cash with 243.17 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.03.
Check Simplify Macro Probability Of Bankruptcy

Simplify Macro Strategy Currency Exposure

Simplify Macro Strategy holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Simplify Macro will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Simplify Macro Strategy.

Top Simplify Macro Strategy Etf Constituents

CDXSimplify Exchange TradedEtfHigh Yield Bond
CTASimplify Exchange TradedEtfSystematic Trend
TUASimplify Exchange TradedEtfIntermediate Core Bond
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Simplify Macro Top Holders

SPAIXSilverpepper Merger ArbitrageMutual FundEvent Driven
SPABXSilverpepper Merger ArbitrageMutual FundEvent Driven
RYMSXGuggenheim Multi Hedge StrategiesMutual FundMultistrategy
RYMRXGuggenheim Multi Hedge StrategiesMutual FundMultistrategy
RYMQXGuggenheim Multi Hedge StrategiesMutual FundMultistrategy
HSZYXHighland Small Cap EquityMutual FundSmall Blend
CZAMXActive Portfolios Multi ManagerMutual FundMultistrategy
ARGAXThe Arbitrage FundMutual FundEvent Driven
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Simplify Macro Strategy 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 Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Simplify Macro Against Markets

When determining whether Simplify Macro Strategy is a strong investment it is important to analyze Simplify Macro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simplify Macro's future performance. For an informed investment choice regarding Simplify Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Macro Strategy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Simplify Macro Strategy 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 Macro's value that differs from its market value or its book value, called intrinsic value, which is Simplify Macro'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 Macro's market value can be influenced by many factors that don't directly affect Simplify Macro'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 Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Macro'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.