Simplify Macro Strategy Etf Profile
FIG Etf  USD 21.19 0.06 0.28% 
Performance0 of 100
 Odds Of DistressLess than 9

Simplify Macro is trading at 21.19 as of the 18th of May 2024. This is a 0.28 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.07. Simplify Macro has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Simplify Macro Strategy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of May 2022 and ending today, the 18th of May 2024. Click here to learn more.
The fund will primarily invest in equity, fixed income, and alternative ETFs that are managed by the adviser. Simplify Macro is traded on NYSEARCA Exchange in the United States. The company has 219.4 M outstanding shares of which 2.74 M shares are currently shorted by investors with about 0.98 days to cover. More on Simplify Macro Strategy
Moving against Simplify Etf
0.69  ESGE  iShares ESG Aware  PairCorr 
0.69  SCHE  Schwab Emerging Markets  PairCorr 
0.65  EU  enCore Energy Corp Buyout Trend  PairCorr 
0.65  UTSL  Direxion Daily Utilities  PairCorr 
0.64  GVAL  Cambria Global Value Low Volatility  PairCorr 
0.52  LNGG  Roundhill Alerian LNG  PairCorr 
0.48  GXG  Global X MSCI  PairCorr 
Simplify Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Simplify Macro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Simplify Macro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas  (View all Themes) 
Old Name  Freedom Insurance Group Limited 
Business Concentration  Absolute Returns ETFs, Global Macro ETFs, Allocation50% to 70% Equity, Simplify Asset Management, Trading, Financial (View all Sectors) 
Issuer  Simplify Asset Management 
Inception Date  20220516 
Entity Type  Regulated Investment Company 
Asset Under Management  24.33 Million 
Asset Type  Multi Asset 
Category  Absolute Returns 
Focus  Global Macro 
Market Concentration  Developed Markets 
Region  North America 
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 
Portfolio Manager  Paul Kim, David Berns, Michael Green 
Transfer Agent  The Bank of New York Mellon Corporation 
Fiscal Year End  30Jun 
Exchange  NYSE Arca, Inc. 
Number of Constituents  179 
Market Maker  Wolverine Trading 
Total Expense  0.75 
Management Fee  0.75 
200 Day M A  22.6558 
Country Name  USA 
50 Day M A  22.4064 
Code  FIG 
Updated At  16th of May 2024 
Name  Simplify Macro Strategy ETF 
Currency Name  US Dollar 
Currency Code  USD 
Open Figi  BBG017H2K4B7 
Type  ETF 
Simplify Macro Strategy [FIG] is traded in USA and was established 20220516. The fund is classified under Allocation50% to 70% Equity category within Simplify Asset Management family. The entity is thematically classified as Absolute Returns ETFs. Simplify Macro Strategy currently have 20.66 M in assets under management (AUM).
Simplify Macro Strategy has about 665.57 M in cash with 243.17 M of positive cash flow from operations. This results in cashpershare (CPS) ratio of 3.03.
Check Simplify Macro Probability Of Bankruptcy
Simplify Macro Target Price Odds Analysis
In reference to a normal probability distribution, the odds of Simplify Macro jumping above the current price in 90 days from now is more than 93.0%. The Simplify Macro Strategy probability density function shows the probability of Simplify Macro etf to fall within a particular range of prices over 90 days. Considering the 90day investment horizon Simplify Macro Strategy has a beta of 0.0807. This usually indicates as returns on the benchmark increase, returns on holding Simplify Macro are expected to decrease at a much lower rate. During a bear market, however, Simplify Macro Strategy is likely to outperform the market. Additionally, simplify Macro Strategy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Simplify Macro to move above the current price in 90 days from now is more than 93.0 (This Simplify Macro Strategy probability density function shows the probability of Simplify Etf to fall within a particular range of prices over 90 days) .
Simplify Macro Top Holders
SPABX  Silverpepper Merger Arbitrage  Mutual Fund  Event Driven 
RYMSX  Guggenheim Multi Hedge Strategies  Mutual Fund  Multistrategy 
RYMRX  Guggenheim Multi Hedge Strategies  Mutual Fund  Multistrategy 
RYMQX  Guggenheim Multi Hedge Strategies  Mutual Fund  Multistrategy 
HSZYX  Highland Small Cap Equity  Mutual Fund  Small Blend 
CZAMX  Active Portfolios Multi Manager  Mutual Fund  Multistrategy 
ARGAX  The Arbitrage Fund  Mutual Fund  Event Driven 
Simplify Macro Strategy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Simplify Macro market risk premium is the additional return an investor will receive from holding Simplify Macro long position in a welldiversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Simplify Macro. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Simplify Macro's alpha and beta are two of the key measurements used to evaluate Simplify Macro's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance  (0.05)  
Jensen Alpha  (0.12)  
Total Risk Alpha  (0.31)  
Treynor Ratio  1.53 
Simplify Macro Against Markets
Picking the right benchmark for Simplify Macro etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not allinclusive and generally should be used only for largecapitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Simplify Macro etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Simplify Macro is critical whether you are bullish or bearish towards Simplify Macro Strategy at a given time. Please also check how Simplify Macro's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Simplify Macro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Performance AnalysisCheck effects of meanvariance optimization against your current asset allocation 
All Next  Launch Module 
How to buy Simplify Etf?
Before investing in Simplify Macro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Simplify Macro. To buy Simplify Macro etf, you can follow these steps: Choose a brokerage firm: You need to select a brokerage firm to buy shares of Simplify Macro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
 Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
 Fund your account: You will need to deposit funds into your brokerage account to purchase Simplify Macro etf. You can do this by transferring funds from your bank account or other investment accounts.
 Place your order: Once you have located Simplify Macro Strategy etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
 Monitor your investment: After you have purchased Simplify Macro Strategy etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Simplify Macro Strategy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, companyspecific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a longterm perspective and a welldiversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Simplify Etf please use our How to Invest in Simplify Macro guide.
Already Invested in Simplify Macro Strategy?
The danger of trading Simplify Macro Strategy is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of riskadjusted return before you start trading. The most common way to measure the risk of Simplify Macro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Simplify Macro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Simplify Macro Strategy is, you must compare it to a benchmark. Traditionally, the riskfree rate of return is the rate of return on the shortestdated U.S. Treasury, such as a 3year bond.
When determining whether Simplify Macro Strategy is a strong investment it is important to analyze Simplify Macro's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simplify Macro's future performance. For an informed investment choice regarding Simplify Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Simplify Macro Strategy. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and roboadvisors..
The market value of Simplify Macro Strategy is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Macro's value that differs from its market value or its book value, called intrinsic value, which is Simplify Macro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simplify Macro's market value can be influenced by many factors that don't directly affect Simplify Macro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simplify Macro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Macro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Macro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.