NYSEARCA:CDX

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

$21.68

-0.28 (-1.28%)

(As of 09/21/2023 ET)

Compare

Today's Range: $21.68
▼
$21.95
50-Day Range: $21.61
▼
$22.06
52-Week Range: $20.51
▼
$24.37

Volume: 36,803 shs
Average Volume: 9,307 shs
Market Capitalization: $47.70 million

Assets Under Management: $46.73 million
Dividend Yield: 7.89%
Net Expense Ratio: 0.50%

Profile Chart Dividend Holdings Ratings

About Simplify High Yield PLUS Credit Hedge ETF

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.

CDX Price History

30 days | 90 days | 365 days | Advanced Chart

CDX ETF News Headlines

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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: 16

Fund Statistics

Assets Under Management: $46.73 million
Average Daily Volume: $0.00
Discount/Premium: -0.03%

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

Miscellaneous

Outstanding Shares: 2,200,000
Beta: 0.42
Creation Unit: 25,000
Creation Fee: $500.00

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Simplify High Yield PLUS Credit Hedge ETF Expenses

Type	CDX	High Yield ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.50%	0.42%	0.32%	0.50%	0.50%
Other Expenses	0.25%	0.31%	0.26%	0.64%	0.57%
Total Expense	0.75%	0.49%	0.39%	0.74%	0.69%
Fee Waiver	-0.25%	-0.30%	-0.24%	-0.70%	-0.59%
Net Expense	0.50%	0.43%	0.34%	0.57%	0.57%

Simplify High Yield PLUS Credit Hedge ETF (CDX) Holdings

Top 10 CDX Holdings

ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF
Holding Weight: 99.77%
B 08/10/23 Govt
Holding Weight: 48.46%
B 10/03/23 Govt
Holding Weight: 40.74%
MORGAN STANLEY CUSTOM QUALITY INDEX
Holding Weight: 30.06%
MORGAN STANLEY CUSTOM JUNK INDEX
Holding Weight: 26.24%
B 12/21/23 Govt
Holding Weight: 10.04%
Pathward Financial(NASDAQ:CASH)
Holding Weight: 1.71%
HF Sinclair(NYSE:DINO)
Holding Weight: 0.36%
Texas Pacific Land(NYSE:TPL)
Holding Weight: 0.36%
AbbVie(NYSE:ABBV)
Holding Weight: 0.33%

Full Holdings Details

Similar ETFs

Institutional Ownership

Commonwealth Equity Services LLC
Bought 159,475 shares on 8/10/2023
Ownership: 7.249%

View All Institutional Transactions

CDX ETF - Frequently Asked Questions

How have CDX shares performed in 2023?: Simplify High Yield PLUS Credit Hedge ETF's stock was trading at $21.38 on January 1st, 2023. Since then, CDX stock has increased by 1.4% and is now trading at $21.68.
View the best growth stocks for 2023 here.
How often does Simplify High Yield PLUS Credit Hedge ETF pay dividends? What is the dividend yield for Simplify High Yield PLUS Credit Hedge ETF?: Simplify High Yield PLUS Credit Hedge ETF announced a dividend on Friday, March 10th. Stockholders of record on Wednesday, June 28th will be given a dividend of $0.10 per share on Monday, July 3rd. The ex-dividend date is Tuesday, June 27th.
Read our dividend analysis for CDX.
What does CDX invest in?: Simplify High Yield PLUS Credit Hedge ETF is a fixed income fund issued by Simplify Asset Management. CDX focuses on high yield investments. The fund's investments total to approximately $46.73 million assets under management.
What stocks does Simplify High Yield PLUS Credit Hedge ETF hold?: CDX invests in 16 holdings. Some of the stocks in their portfolio include Pathward Financial (CASH), HF Sinclair (DINO), Texas Pacific Land (TPL), AbbVie (ABBV), CME Group (CME), Agilent Technologies (A), Automatic Data Processing (ADP), Avery Dennison (AVY), Cboe Global Markets (CBOE) and Elevance Health (ELV).

What is the management fee for Simplify High Yield PLUS Credit Hedge ETF?: Simplify High Yield PLUS Credit Hedge ETF's management fee is 0.50% and has other expenses of 0.25%. However, CDX has a fee waiver of -0.25% to reimburse the expenses. The net expense ratio for CDX is 0.50%.
What is Simplify High Yield PLUS Credit Hedge ETF's stock symbol?: Simplify High Yield PLUS Credit Hedge ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "CDX."
Who are Simplify High Yield PLUS Credit Hedge ETF's major shareholders?: Simplify High Yield PLUS Credit Hedge ETF's stock is owned by a number of institutional and retail investors. Top institutional investors include Commonwealth Equity Services LLC (7.25%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Simplify High Yield PLUS Credit Hedge ETF's stock price today?: One share of CDX stock can currently be purchased for approximately $21.68.
How much money does Simplify High Yield PLUS Credit Hedge ETF make?: Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) has a market capitalization of $47.70 million.

This page (NYSEARCA:CDX) was last updated on 9/22/2023 by MarketBeat.com Staff

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