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Upturn AI SWOT - About
Simplify US Equity PLUS Convexity ETF (SPYC)
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Upturn Advisory Summary
08/14/2025: SPYC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 33.03% | Avg. Invested days 70 | 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 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.96 | 52 Weeks Range 30.59 - 40.83 | Updated Date 06/30/2025 |
52 Weeks Range 30.59 - 40.83 | Updated Date 06/30/2025 |
Upturn AI SWOT
Simplify US Equity PLUS Convexity ETF
ETF Overview
Overview
The Simplify US Equity PLUS Convexity ETF (SPYC) seeks to provide exposure to US equities with a component of convexity. It aims to outperform a broad US equity benchmark while managing downside risk through options strategies.
Reputation and Reliability
Simplify Asset Management is a relatively new firm specializing in options-based ETFs. They are gaining recognition for their innovative approach.
Management Expertise
The management team has experience in options trading and portfolio management. They focus on creating differentiated investment products.
Investment Objective
Goal
The primary investment goal is to provide equity market exposure while enhancing returns and managing downside risk through a strategic options overlay.
Investment Approach and Strategy
Strategy: The ETF utilizes a combination of S&P 500 exposure and call options to create a convex payoff profile. It aims to benefit from both market appreciation and volatility.
Composition The fund primarily holds S&P 500 stocks directly and uses call options to provide convexity.
Market Position
Market Share: The Simplify US Equity PLUS Convexity ETF holds a small market share relative to broad market ETFs.
Total Net Assets (AUM): 131600000
Competitors
Key Competitors
- SPY
- IVV
- VOO
- QQQ
- DIA
Competitive Landscape
The ETF market is dominated by large, established ETFs like SPY, IVV and VOO. SPYC offers a differentiated approach using options, which might appeal to investors seeking enhanced returns and downside protection but faces the challenge of competing with these established giants.
Financial Performance
Historical Performance: Historical performance data is limited due to the ETF's relatively short trading history. Actual numerical data needed to provide a historical performance array.
Benchmark Comparison: The ETF's performance should be compared to the S&P 500 (SPY) and other similar convexity-focused strategies. Data needed to make this comparison.
Expense Ratio: 0.29
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, which could impact trading costs and order execution, depending on the size of the trade.
Bid-Ask Spread
The bid-ask spread varies depending on market conditions and trading volume.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate changes, volatility levels, and overall market sentiment will influence the ETF's performance.
Growth Trajectory
The ETF's growth depends on its ability to deliver on its investment objective and attract investors seeking enhanced returns and downside protection.
Moat and Competitive Advantages
Competitive Edge
SPYC's competitive advantage lies in its strategic use of options to create a convex payoff profile. This approach differentiates it from traditional market-cap-weighted equity ETFs. This strategy aims to participate in market upside while limiting downside risk, particularly during periods of high volatility. It offers investors a way to potentially enhance returns while managing risk, a combination that can be attractive in uncertain market conditions. SPYC can fill a unique role within a diversified portfolio for investors seeking a differentiated equity strategy.
Risk Analysis
Volatility
The ETF's volatility may be higher than the S&P 500 due to the use of options.
Market Risk
The ETF is exposed to market risk associated with the underlying S&P 500 stocks. It also carries the risk associated with the options strategy, including potential losses from options expiring worthless.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking US equity exposure with an enhanced return profile and downside protection through convexity. Investors should understand options trading and be comfortable with higher potential volatility.
Market Risk
The ETF is most suitable for active traders and sophisticated investors seeking enhanced returns and downside risk management. Not ideal for passive index followers.
Summary
Simplify US Equity PLUS Convexity ETF is an options-based ETF seeking to enhance the return profile of the S&P 500. It aims to provide convexity, which should deliver higher returns with managed downside risk, through strategic options strategies. It has a differentiated strategy but may exhibit higher volatility. The ETF is suitable for investors with sophisticated understanding of options and are seeking enhanced market exposure with potentially higher rewards.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Simplify Asset Management Website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and ETF performance are 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 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 a convexity option overlay strategy to the equity investments. Under normal circumstances, it 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 option overlay consists of purchasing exchange-traded and over the counter (OTC) put and 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.