Simplify Volatility Premium ETFSVOL
SVOL
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
182% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 11
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
32% more capital invested
Capital invested by funds: $81.3M [Q2] → $107M (+$25.9M) [Q3]
17% more funds holding
Funds holding: 65 [Q2] → 76 (+11) [Q3]
0.63% more ownership
Funds ownership: 8.09% [Q2] → 8.73% (+0.63%) [Q3]
90% less call options, than puts
Call options by funds: $345K | Put options by funds: $3.57M
Research analyst outlook
We haven’t received any recent analyst ratings for SVOL.
Financial journalist opinion
Based on 3 articles about SVOL published over the past 30 days
Positive
Seeking Alpha
3 weeks ago
SVOL: Capturing VIX Premia For A 16.12% Yield
The Simplify Volatility Premium ETF sells VIX futures for income, hedging with out-of-the-money VIX calls to mitigate large volatility spikes. SVOL allocates excess capital into diversified fixed-income investments, including other Simplify funds, to enhance returns while maintaining a measured risk approach. The fund's strategy benefits from current market conditions, such as easing geopolitical tensions and favorable VIX-curve shape, making VIX-selling potentially profitable in the near term.
Positive
Seeking Alpha
3 weeks ago
SVOL: Another Dividend Cut, But I'm Not Worried
SVOL sells short VIX futures for income and holds income-producing assets, betting real volatility will be less than expected. Simplify clarified their strategy, revealing the IVV trade is a cash management strategy, not a volatility bet, boosting yield on cash. Despite a declining nominal dividend, SVOL maintains a steady 15-17% yield, showcasing management's commitment to income stability.
Neutral
Business Wire
3 weeks ago
Simplify Provides Estimated Capital Gain Distribution Information for 2024
NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.
Positive
Seeking Alpha
1 month ago
SVOL: Generating Alpha With A Unique Income Portfolio Diversifier
SVOL offers investors a unique 16.79% yielding, tax-efficient strategy combining VIX futures contracts and fixed income investments, providing high income and diversification in an equity portfolio. The fund has outperformed the S&P 500 since its inception with half the correlation to the market and higher risk-adjusted returns. Although the fund has proven resilient to sharper spikes in market volatility, it remains untested to Black Swan events.
Neutral
Seeking Alpha
1 month ago
SVOL: Changing Holdings Make Me Nervous (Rating Downgrade)
I am downgrading SVOL from "strong buy" to "buy" due to increased equity risk and opaqueness in its strategy. SVOL's new strategy involves significant exposure to S&P 500 ETF shares and short futures contracts, raising concerns about prudence. Dividend reductions from $0.32 to $0.28 have been noted, although the distribution yield target remains at 15%+.
Positive
Seeking Alpha
2 months ago
SVOL: Big Yield Passing The Tests
SVOL's strategy of shorting VIX futures and using hedges like VIX calls and S&P500 put spreads proved effective during August's dip, preventing permanent capital losses. The fund's portfolio remains heavily invested in Treasury Bills, with increased complexity and diversification into currency futures and multiple VIX call expiration dates. Despite a slight dividend cut to $0.28, the 16% yield is mostly sustainable, supported by expected market growth and improved options trade profits from rate cuts.
Positive
Invezz
2 months ago
SVOL: Is this 16% yielding a good ETF to buy and hold?
The Simplify Volatility Premium ETF (SVOL) has become one of the most popular funds among income investors this year. It has done modestly well since its inception, and has one of the highest dividend yields in the industry.
Positive
Seeking Alpha
2 months ago
SVOL: Treat This Like A High-Yield Hedge Fund
The fund's large holdings in "fixed-income ETFs" and options mean it shouldn't be treated solely as a short VIX futures fund but rather as a hedge fund for income. Its fixed-income ETFs consist of Simplify's other funds that often have their own option overlays on top of their holdings. Distributions look to be sustainable given SVOL's balance sheets and ability to regrow NAV after each distribution.
Neutral
Business Wire
3 months ago
Net Asset Value Restatement for Simplify Aggregate Bond ETF (AGGH) & Simplify Volatility Premium ETF (SVOL)
NEW YORK--(BUSINESS WIRE)--Simplify announces net asset value restatement for AGGH and SVOL ETFs.
Positive
Seeking Alpha
3 months ago
SVOL: The Hedge Worked, I Maintain A Strong Buy
The Simplify Volatility Premium ETF aims for 15% annual returns through short VIX futures, bond collateral, and options spreads, showcasing strong active management. Despite a recent VIX spike, SVOL's risk management and hedging strategies worked as expected, ensuring quick recovery and minimal shareholder losses. SVOL's holdings, including various Simplify ETFs, add convexity and yield, but also introduce significant derivative-related risks that need careful monitoring.
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