Simplify Target 15 Distribution ETF (XV) Price, Holdings, & News

ETF Overview

The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.

Key Stats

• Today's Range: $26.36 to $26.67
• 50-Day Range: $24.31 to $26.69
• 52-Week Range: $24.31 to $27.29
• Volume: 21,566 shs
• Average Volume: 17,448 shs
• Market Capitalization: $44.28 million
• Assets Under Management: $44.07 million
• Dividend Yield: 1.21%
• Net Expense Ratio: 0.75%
• Aggregate Rating: Moderate Buy

XV ETF - Frequently Asked Questions

How have XV shares performed this year?

Simplify Target 15 Distribution ETF's stock was trading at $24.77 at the start of the year. Since then, XV shares have increased by 6.4% and is now trading at $26.36.
View the best growth stocks for 2025 here.

How do I buy shares of Simplify Target 15 Distribution ETF?

Shares of XV 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.

Fund Details

• Issuer: Simplify Asset Management
• Fund Name: Simplify Target 15 Distribution ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:XV
• Inception Date: 4/14/2025
• Fund Manager: David Berns, Ken Miller
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Strategy
• Focus: Treasury
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 8

Fund Statistics

• Assets Under Management: $44.07 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.17%

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: Jane Street

Miscellaneous

• Outstanding Shares: 1,680,000
• Beta: N/A
• Creation Unit: 25,000
• Creation Fee: $500.00