Simplify High Yield PLUS Credit Hedge ETF (CDX) Price, Holdings, & News

ETF Overview

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts. CDX was launched on Feb 14, 2022 and is managed by Simplify.

Key Stats

• Today's Range: $22.64 to $23.04
• 50-Day Range: $22.69 to $23.71
• 52-Week Range: $21.34 to $25.59
• Volume: 28,726 shs
• Average Volume: 47,878 shs
• Market Capitalization: $106.72 million
• Assets Under Management: $121.75 million
• Dividend Yield: 7.45%
• Net Expense Ratio: 0.26%
• Aggregate Rating: Moderate Buy

CDX ETF - Frequently Asked Questions

How have CDX shares performed this year?

Simplify High Yield PLUS Credit Hedge ETF's stock was trading at $22.82 at the beginning of the year. Since then, CDX stock has increased by 0.6% and is now trading at $22.95.
View the best growth stocks for 2024 here.

Who are Simplify High Yield PLUS Credit Hedge ETF's major shareholders?

Top institutional investors of Simplify High Yield PLUS Credit Hedge ETF include Simplify Asset Management Inc. (29.57%), Park Edge Advisors LLC (9.09%), Mid American Wealth Advisory Group Inc. (1.37%) and Centennial Wealth Advisory LLC (1.05%).

How do I buy shares of Simplify High Yield PLUS Credit Hedge ETF?

Shares of CDX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Simplify High Yield PLUS Credit Hedge ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Simplify High Yield PLUS Credit Hedge ETF investors own include TXO Partners (TXO), TXO Partners (TXO), Dimensional US Large Cap Value ETF (DFLV), PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund (CORP), Capital Group U.S. Multi-Sector Income ETF (CGMS), Principal Real Estate Active Opportunities ETF (BYRE) and Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJU).

Fund Details

• Issuer: Simplify Asset Management
• Fund Name: Simplify High Yield PLUS Credit Hedge ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:CDX
• Inception Date: 2/14/2022
• Fund Manager: Paul Kim, David Berns, Michael Green, Harley Bassman
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Broad Debt
• Focus: High Yield
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 20

Fund Statistics

• Assets Under Management: $121.75 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.16%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: Simplify Asset Management Inc.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Financial Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Wolverine Trading

Options

• Optionable: N/A
• Short Interest: 29,700 shs

Miscellaneous

• Outstanding Shares: 4,650,000
• Beta: 0.23
• Creation Unit: 25,000
• Creation Fee: $500.00