EQLS stock icon

Simplify Market Neutral Equity Long/Short ETF
EQLS

$22.17
0.82%

Market Cap: $147M

0
Funds holding %
of 6,728 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

17% more funds holding

Funds holding: 6 [Q1] → 7 (+1) [Q2]

2.01% more ownership

Funds ownership: 91.94% [Q1] → 93.95% (+2.01%) [Q2]

0% more capital invested

Capital invested by funds: $147M [Q1] → $147M (+$310K) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

67% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 3

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for EQLS.

See Analyst Rankings

Financial journalist opinion

Negative
Seeking Alpha
3 weeks ago
EQLS: Checking In On This Simplify Long Short Equity ETF
The Simplify Market Neutral Equity Long/Short ETF (EQLS) has underperformed its peers in 2024, primarily due to its sector positioning. EQLS has been net short defensive sectors like Utilities and Healthcare, while being net long Information Technology and Financials. This positioning has been unfavorable given the strong performance of defensives. The fund's performance is highly dependent on the portfolio manager's ability to identify undervalued and overvalued pairs of stocks.
EQLS: Checking In On This Simplify Long Short Equity ETF
Neutral
Seeking Alpha
3 months ago
EQLS: A Market-Neutral ETF That Manages Leverage-Risk Well
Market Neutral Fund with outperformance and underperformance relative to the market. Leveraged returns amplify market-neutral strategy movements. Simplify's risk reduction of leverage through dynamic exposure management is a key feature of EQLS ETF.
EQLS: A Market-Neutral ETF That Manages Leverage-Risk Well
Negative
Seeking Alpha
3 months ago
EQLS: AI-Powered Long-Short ETF
Simplify Market Neutral Equity Long/Short ETF implements a leveraged long-short stock strategy based on machine learning. The EQLS ETF is net long in financials and energy, and net short in healthcare and consumer staples. Over the last 11 months, EQLS has underperformed a T-bill ETF and two market-neutral ETFs.
EQLS: AI-Powered Long-Short ETF
Neutral
Business Wire
4 months ago
New Advisor for Simplify Market Neutral Equity Long/Short ETF
NEW YORK--(BUSINESS WIRE)--Simplify Asset Management Inc. (“SAMI”) announces that Simplify EQLS LLC (the “New Manager') will assume role as investment advisor of EQLS.
New Advisor for Simplify Market Neutral Equity Long/Short ETF
Negative
Seeking Alpha
6 months ago
EQLS: Market-Neutral Not A Good Play While Tech Is Still Dominant
The current market is heavily skewed towards tech, making it difficult to generate alpha without a tech-heavy portfolio. The Simplify Market Neutral Equity Long/Short ETF is a relative newcomer that aims to provide both long and short exposure to a selection of equities. However, EQLS's market-neutral strategy is not designed for the current tech-heavy market, and it has failed to fulfill its investment objective.
EQLS: Market-Neutral Not A Good Play While Tech Is Still Dominant
Positive
Seeking Alpha
7 months ago
EQLS: High Yielding Long/Short Equity Fund From Simplify
Simplify Asset Management is an innovative ETF manager that offers alternative strategies previously only available to institutional investors.
EQLS: High Yielding Long/Short Equity Fund From Simplify
Neutral
Business Wire
9 months ago
Simplify Provides Estimated Capital Gain Distribution Information for 2023
NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.
Simplify Provides Estimated Capital Gain Distribution Information for 2023
Positive
ETF Trends
10 months ago
Simplify's SPQ Adds QIS Overlay to Core US Equity Exposure
Simplify Asset Management has expanded its fund lineup with the new Simplify US Equity PLUS QIS ETF (NYSE Arca: SPQ). The fund seeks long-term capital appreciation by overlaying a basket of quantitative investment strategies on top of core U.S. equity exposure.
Simplify's SPQ Adds QIS Overlay to Core US Equity Exposure
See News Rankings