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Upturn AI SWOT - About
Simplify US Equity PLUS Upside Convexity ETF (SPUC)
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Upturn Advisory Summary
08/29/2025: SPUC (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 47.16% | Avg. Invested days 76 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/29/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.27 | 52 Weeks Range 32.22 - 45.17 | Updated Date 06/30/2025 |
52 Weeks Range 32.22 - 45.17 | Updated Date 06/30/2025 |
Upturn AI SWOT
Simplify US Equity PLUS Upside Convexity ETF
ETF Overview
Overview
The Simplify US Equity PLUS Upside Convexity ETF (SPXB) seeks to provide capital appreciation by combining exposure to the S&P 500 with a ladder of short-dated call options, aiming for enhanced upside participation with controlled downside risk.
Reputation and Reliability
Simplify Asset Management is a relatively new but innovative ETF issuer known for its options-based strategies and focus on providing defined outcome investment solutions.
Management Expertise
Simplify's management team has experience in options trading, portfolio management, and quantitative analysis, essential for executing their complex investment strategies.
Investment Objective
Goal
To provide capital appreciation with enhanced upside participation and managed downside risk by combining S&P 500 exposure with a ladder of short-dated call options.
Investment Approach and Strategy
Strategy: SPXB uses a combination of exposure to the S&P 500 and a ladder of short-dated call options. This aims to provide upside participation while mitigating downside risk.
Composition The ETF holds primarily equity investments via exposure to the S&P 500 in addition to a portfolio of short-dated call options.
Market Position
Market Share: SPXB has a smaller market share compared to more established broad market equity ETFs.
Total Net Assets (AUM): 211840816
Competitors
Key Competitors
- SPY
- IVV
- UPRO
- SSO
Competitive Landscape
The competitive landscape is dominated by large, passively managed S&P 500 ETFs like SPY and IVV. SPXB differentiates itself with its active options strategy, offering potentially higher upside capture with defined risk, but at a higher expense ratio and with complexity that may deter some investors.
Financial Performance
Historical Performance: Historical performance data is needed to analyze the ETF's past returns, volatility, and risk-adjusted returns.
Benchmark Comparison: A comparison of SPXB's performance to the S&P 500 index is vital to assess how well it achieves its investment objective.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
SPXB's average trading volume is moderate, and may vary depending on market conditions.
Bid-Ask Spread
The bid-ask spread for SPXB can vary and should be monitored to minimize trading costs.
Market Dynamics
Market Environment Factors
SPXB's performance is affected by overall market trends, volatility, interest rates, and investor sentiment towards equities.
Growth Trajectory
The growth trajectory is tied to the increasing investor awareness of defined outcome ETFs and their ability to offer managed risk-return profiles. The strategy may be adjusted based on the options market and prevailing market conditions.
Moat and Competitive Advantages
Competitive Edge
SPXB's primary competitive advantage is its unique options-based strategy. It provides investors with exposure to the S&P 500 while actively managing upside potential and downside risk using a ladder of short-dated call options. This structured approach may appeal to investors seeking a more controlled risk-return profile compared to traditional index investing. However, this complexity comes at a higher expense ratio compared to passive index trackers.
Risk Analysis
Volatility
SPXB's volatility depends on the S&P 500's volatility and the sensitivity of its options strategy to market fluctuations.
Market Risk
SPXB is exposed to market risk associated with equity investments, as well as risks related to options trading, such as potential losses from unfavorable option pricing movements.
Investor Profile
Ideal Investor Profile
SPXB is suitable for investors who understand options strategies, are seeking enhanced upside potential compared to a traditional S&P 500 index fund, and are comfortable with a higher expense ratio and more complex investment approach.
Market Risk
SPXB is better suited for investors who have a moderate to high risk tolerance and understand the complexities of options-based strategies, not for passive index followers.
Summary
The Simplify US Equity PLUS Upside Convexity ETF aims to provide investors with an enhanced upside participation in the S&P 500 while managing downside risk through a ladder of short-dated call options. Its options strategy caters to investors seeking more controlled risk-return profiles. However, it entails a higher expense ratio and requires understanding of options trading. SPXB is suitable for sophisticated investors with moderate to high-risk tolerance who are comfortable with its complex investment approach and its moderate liquidity.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Simplify Asset Management Website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual financial circumstances and consultation with a qualified financial advisor. Data is based on available information and may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Simplify US Equity PLUS Upside Convexity ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The adviser seeks to achieve the fund"s investment objective by investing primarily in equity securities of U.S. companies and applying an upside convexity option overlay strategy to the equity investments. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The upside convexity option overlay strategy consists of purchasing exchange-traded and over the counter ("OTC") call options on the S&P 500 Index or an S&P 500 Index ETF.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.