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.
Related funds
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government97.28%
Cash2.72%
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
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.
FOXY trades at 26.16 USD today, its price has fallen −0.48% in the past 24 hours. Track more dynamics on FOXY price chart.
FOXY net asset value is 26.00 today — it's fallen 0.04% 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.
FOXY assets under management is 14.98 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.
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.
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.
FOXY invests in bonds. See more details in our Analysis section.
FOXY expense ratio is 0.75%. 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, FOXY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, FOXY pays dividends to its holders with the dividend yield of 4.19%.
FOXY trades at a premium (0.62%).
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.
FOXY shares are issued by Simplify Asset Management, Inc.
FOXY 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 Feb 4, 2025.
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.