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NYSEARCA:CDX

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

$23.88
-0.01 (-0.04%)
(As of 09/18/2024 ET)

About Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Key Stats

Today's Range
$23.84
$23.94
50-Day Range
$23.13
$23.94
52-Week Range
$21.34
$25.59
Volume
19,790 shs
Average Volume
54,110 shs
Market Capitalization
$111.04 million
Assets Under Management
$110.25 million
Dividend Yield
7.16%
Net Expense Ratio
0.26%
Aggregate Rating
Moderate Buy

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.

Simplify High Yield PLUS Credit Hedge ETF Expenses

TypeCDXHigh Yield ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.42%0.32%0.51%0.52%
Other Expenses0.01%0.25%0.26%0.58%0.54%
Total Expense0.51%0.49%0.40%0.73%0.71%
Fee Waiver-0.25%-0.30%-0.25%-0.68%-0.58%
Net Expense0.26%0.43%0.36%0.58%0.59%
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CDX ETF News Headlines

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CDX ETF - Frequently Asked Questions

Simplify High Yield PLUS Credit Hedge ETF's stock was trading at $22.82 at the beginning of 2024. Since then, CDX stock has increased by 4.6% and is now trading at $23.8792.
View the best growth stocks for 2024 here
.

Top institutional shareholders of Simplify High Yield PLUS Credit Hedge ETF include Simplify Asset Management Inc. (87.01%), Park Edge Advisors LLC (8.43%), Truist Financial Corp (3.86%) and Commonwealth Equity Services LLC (3.59%).

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.
Compare Top Brokerages Here.

Fund Details

Issuer
Simplify Asset Management
Fund Name
Simplify High Yield PLUS Credit Hedge ETF
Tax Classification
Regulated Investment Company
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
18

Fund Statistics

Assets Under Management
$110.25 million
Average Daily Volume
$0.00
Discount/Premium
0.05%

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
43,200 shs

Miscellaneous

Beta
0.23
Creation Unit
25,000
Creation Fee
$500.00
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Top 10 CDX Holdings

  • ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF
    Holding Weight: 55.05%
  • B 09/17/24 Govt
    Holding Weight: 47.30%
  • NOM HYG FED FUNDS
    Holding Weight: 44.99%
  • B 10/29/24 Govt
    Holding Weight: 31.47%
  • MORGAN STANLEY CUSTOM QUALITY INDEX
    Holding Weight: 30.25%
  • MORGAN STANLEY CUSTOM JUNK INDEX
    Holding Weight: 26.02%
  • B 09/19/24 Govt
    Holding Weight: 19.71%
  • Pathward Financial (NASDAQ:CASH)
    Holding Weight: 0.44%
  • Accenture (NYSE:ACN)
    Holding Weight: 0.35%
  • Agree Realty (NYSE:ADC)
    Holding Weight: 0.35%

This page (NYSEARCA:CDX) was last updated on 9/18/2024 by MarketBeat.com Staff
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