Key stats
About Simplify Exchange Traded Funds Simplify Barrier Income ETF
Home page
Inception date
Apr 14, 2025
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.
SBAR seeks to provide an alternative to a fixed income strategy. To actively pursue its objective, the fund uses two income strategies. One strategy holds US government securities with an average duration of two years or less. Strategy two employs a laddered selection of income generating, barrier put spreads, using OTC options, swaps, and forward contracts. The purpose aims to define the downside risk at a barrier of 30% over a one-year period. To pursue this strategy the fund selects the worst performing out of the three major US equity reference ETFs: SPDR S&P 500 ETF (SPY), Invesco QQQ (QQQ), and iShares Russell 2000 ETF (IWM). Should the reference ETF fall below the 30% barrier, investors are exposed to the remaining 70% downside risk. At times, the adviser may use non-barrier option spread strategies. The fund must be held during the entire return period to pursue the intended results. The fund adviser has not set rebalancing or resetting cycle.
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%
Government103.11%
Cash0.24%
Rights & Warrants−3.34%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SBAR top holdings are United States Treasury Bills 0.0% 12-AUG-2025 and United States Treasury Bills 0.0% 26-AUG-2025, occupying 94.29% and 8.82% of the portfolio correspondingly.
SBAR assets under management is 30.98 M USD. It's risen 11.19% over the last month.
SBAR fund flows account for 30.04 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.
No, SBAR doesn't pay dividends to its holders.
SBAR shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Apr 14, 2025, and its management style is Active.
SBAR expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
SBAR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SBAR invests in bonds.
SBAR trades at a premium (0.57%) meaning the ETF is trading at a higher price than the calculated NAV.