Key stats
About Simplify Exchange Traded Funds Simplify Currency Strategy ETF
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Inception date
Feb 4, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
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.
FOXY seeks capital gain through long and short positions in a basket of global currencies. It does not hold the currencies directly but rather invests in foreign currency forward contracts, forward swaps, and futures contracts with comparable exposure to G10 currencies and emerging market currencies. The fund will typically utilize a combination of a mean-reversion strategy and a carry trade strategy. It aims to take long positions on G10 currencies expected to appreciate versus the USD, and short those expected to depreciate against it. Meanwhile, FOXY also offers long positions on emerging market currencies with higher interest rates and short those with low rates. The Fund will invest in both physical delivery and USD cash-settled currency forward contracts and limit its exposure to OTC counterparties to 25%. It is also required to post collateral and hold cash and cash-like instruments or high-quality short-term fixed income securities. The fund is actively managed.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government97.28%
Cash2.72%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FOXY top holdings are United States Treasury Bills 0.0% 08-JUL-2025 and United States Treasury Bills 0.0% 29-JUL-2025, occupying 73.22% and 11.61% of the portfolio correspondingly.
FOXY last dividends amounted to 0.35 USD. The quarter before, the issuer paid 0.20 USD in dividends, which shows a 42.86% increase.
FOXY assets under management is 14.98 M USD. It's risen 10.86% over the last month.
FOXY fund flows account for 15.43 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.
Yes, FOXY pays dividends to its holders with the dividend yield of 4.19%. The last dividend (Jun 30, 2025) amounted to 0.35 USD. The dividends are paid quarterly.
FOXY shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Feb 4, 2025, and its management style is Active.
FOXY expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
FOXY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FOXY invests in bonds.
FOXY trades at a premium (0.62%) meaning the ETF is trading at a higher price than the calculated NAV.