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Upturn AI SWOT - About
Simplify US Equity PLUS Convexity ETF (SPYC)
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Upturn Advisory Summary
10/24/2025: SPYC (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 38.5% | Avg. Invested days 80 | 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 10/24/2025 |
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) aims to provide exposure to the returns of the S&P 500 while also offering a layer of downside protection and upside convexity through options strategies.
Reputation and Reliability
Simplify Asset Management is a relatively new firm but has garnered attention for its innovative options-based ETF strategies.
Management Expertise
Simplify's management team has experience in options trading and ETF management.
Investment Objective
Goal
To provide investors with exposure to the S&P 500 while simultaneously offering downside protection and potential upside convexity.
Investment Approach and Strategy
Strategy: The ETF primarily invests in S&P 500 stocks while also employing options strategies designed to provide downside protection and potentially enhance returns during periods of market volatility.
Composition The ETF's assets include S&P 500 stocks and options contracts.
Market Position
Market Share: SPYCu2019s market share in the options-based equity ETF sector is growing.
Total Net Assets (AUM): 69420426
Competitors
Key Competitors
- Innovator US Equity Defined Protection ETF (TJUL)
- Nationwide Risk-Managed Income ETF (NUSI)
- Global X Nasdaq 100 Risk Managed Income ETF (QRMI)
Competitive Landscape
The options-based ETF market is becoming increasingly crowded. SPYC differentiates itself through its specific convexity strategy and the Simplify's reputation for innovative products. SPYC's expense ratio may be a disadvantage against some passively managed S&P 500 ETFs. However, it offers a unique approach for investors seeking downside protection and potential upside convexity.
Financial Performance
Historical Performance: Historical performance data is variable and tied to equity market volatility, requiring dynamic tracking.
Benchmark Comparison: Performance should be compared to the S&P 500 and other ETFs employing similar options strategies to gauge relative effectiveness.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate, which might affect the ease of entering and exiting positions.
Bid-Ask Spread
The bid-ask spread can vary depending on market conditions and trading volume, impacting trading costs.
Market Dynamics
Market Environment Factors
Economic indicators, equity market volatility, and interest rate movements can all affect the performance of SPYC.
Growth Trajectory
Growth depends on investor demand for downside protection and convexity strategies, as well as Simplify's ability to effectively manage the options component of the ETF.
Moat and Competitive Advantages
Competitive Edge
SPYC's competitive advantage lies in its unique combination of S&P 500 exposure with options-based convexity. The fund specifically focuses on providing both downside protection and enhancing potential upside, differentiating itself from simpler risk-managed ETFs. Simplify's expertise in options strategies gives it a competitive edge. This complex strategy can be attractive to investors seeking to navigate volatile markets and capture potential gains.
Risk Analysis
Volatility
SPYC's volatility will depend on both the S&P 500's volatility and the performance of the options component.
Market Risk
SPYC is subject to the market risk of the S&P 500, as well as the risks associated with options trading, including potential for losses.
Investor Profile
Ideal Investor Profile
The ideal investor is one who is seeking exposure to the S&P 500, but with a focus on downside protection and potential upside convexity, and understands the risks associated with options.
Market Risk
SPYC is suitable for investors who are willing to accept the complexity of options-based strategies in exchange for potential downside protection and enhanced returns. It may be a good fit for active traders or those seeking to tactically manage their equity exposure.
Summary
Simplify US Equity PLUS Convexity ETF (SPYC) provides exposure to the S&P 500 with a layer of downside protection and upside convexity through options. It's suitable for investors seeking a more sophisticated approach to equity investing. Its performance hinges on both equity market conditions and options strategy execution. While offering potential benefits during volatility, investors should be aware of its complexity. The expense ratio is on the higher end of ETFs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Simplify Asset Management
- ETF.com
- Bloomberg
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.
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.