Key stats
About Simplify Exchange Traded Funds Simplify Opportunistic Income ETF
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Inception date
Jun 26, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
CRDT builds an income-producing portfolio using fundamental, bottom-up research to provide current income and long-term capital appreciation, secondarily. The fund has a long leash, holding investment-grade and high-yield, as well as distressed securities, capped at 15%. Investments have a wide range of fixed-income securities, including US and foreign corporate bonds and preferred stocks, bank loans, and US treasury bonds of different maturities, durations, and quality requirements. Emerging markets investments and holdings rated as CCC and below are capped at 10%. The fund may use derivatives, such as US treasury futures contracts, swap agreements, swaptions, and credit default swaps to hedge interest rates or default risk exposure. At the sub-adviser's discretion, portfolio adjustment may occur based on declining prospects, asset reallocation, or more attractive risk-return opportunities.
Classification
What's in the fund
Exposure type
Finance
Corporate
Securitized
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CRDT trades at 24.74 USD today, its price has fallen −0.80% in the past 24 hours. Track more dynamics on CRDT price chart.
CRDT net asset value is 24.64 today — it's fallen 0.77% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CRDT assets under management is 109.93 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CRDT price has fallen by −1.87% over the last month, and its yearly performance shows a −1.24% decrease. See more dynamics on CRDT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.77% over the last month, showed a −1.79% decrease in three-month performance and has increased by 6.08% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.77% over the last month, showed a −1.79% decrease in three-month performance and has increased by 6.08% in a year.
CRDT fund flows account for 37.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CRDT invests in bonds. See more details in our Analysis section.
CRDT expense ratio is 1.48%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CRDT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CRDT technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CRDT shows the strong sell signal. See more of CRDT technicals for a more comprehensive analysis.
Today, CRDT technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CRDT shows the strong sell signal. See more of CRDT technicals for a more comprehensive analysis.
Yes, CRDT pays dividends to its holders with the dividend yield of 7.24%.
CRDT trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CRDT shares are issued by Simplify Asset Management, Inc.
CRDT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 26, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.