Simplify High Yield 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: $23.00 to $23.11
• 50-Day Range: $22.85 to $23.34
• 52-Week Range: $21.57 to $24.89
• Volume: 193,945 shs
• Average Volume: 167,316 shs
• Market Capitalization: $297.58 million
• Assets Under Management: $348.24 million
• Dividend Yield: 11.47%
• Net Expense Ratio: 0.25%
• Aggregate Rating: Moderate Buy

CDX ETF - Frequently Asked Questions

How have CDX shares performed this year?

Simplify High Yield ETF's stock was trading at $21.81 at the beginning of the year. Since then, CDX stock has increased by 5.6% and is now trading at $23.0250.

Who are Simplify High Yield ETF's major shareholders?

Simplify High Yield ETF's top institutional investors include AE Wealth Management LLC (7.14%), Park Edge Advisors LLC (5.59%), Wealth Enhancement Advisory Services LLC (3.01%) and Prime Capital Investment Advisors LLC (2.30%).

How do I buy shares of Simplify High Yield 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.

What other stocks do shareholders of Simplify High Yield ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Simplify High Yield ETF investors own include 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), Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJU) and Vanguard Long-Term Bond ETF (BLV).

Fund Details

• Issuer: Simplify Asset Management
• Fund Name: Simplify High Yield ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:CDX
• Inception Date: 2/14/2022
• Fund Manager: David Berns, Michael Green, Paisley Nardini
• 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: 24

Fund Statistics

• Assets Under Management: $348.24 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 Fund 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: 102,100 shs

Miscellaneous

• Outstanding Shares: 12,930,000
• Beta: 0.42
• Creation Unit: 25,000
• Creation Fee: $500.00