Key stats
About Simplify Piper Sandler US Small-Cap PLUS Income ETF
Home page
Inception date
Apr 29, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
ISIN
US82889N3272
LITL employs an actively managed approach to focus on US small-cap stocks, investing primarily in companies within the Russell 2000 Index. The selection process leverages macroeconomic and business cycle analysis, applying proprietary screens to identify and rank stocks based on expected return and liquidity. This methodology results in a diversified portfolio of approximately 200 stocks, reconstructed monthly to adapt to changing market dynamics. The fund also utilizes option spread writing strategies across various asset classes, including options on debt, commodities, and currencies, with investments in options not exceeding 20% of net assets. By combining its selection process with options strategies, LITL seeks to achieve capital appreciation and income while effectively managing risk to align with its investment objectives in fluctuating market conditions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Stocks97.57%
Finance24.39%
Health Technology11.36%
Technology Services10.72%
Health Services7.92%
Electronic Technology5.79%
Producer Manufacturing5.41%
Commercial Services4.34%
Consumer Services3.73%
Process Industries2.95%
Non-Energy Minerals2.78%
Transportation2.70%
Retail Trade2.63%
Industrial Services2.34%
Consumer Non-Durables2.24%
Consumer Durables1.82%
Energy Minerals1.78%
Utilities1.76%
Communications1.51%
Distribution Services1.40%
Bonds, Cash & Other2.43%
ETF1.91%
Cash0.36%
Rights & Warrants0.16%
Stock breakdown by region
North America94.92%
Europe4.65%
Asia0.43%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LITL invests in stocks. The fund's major sectors are Finance, with 24.39% stocks, and Health Technology, with 11.36% of the basket. The assets are mostly located in the North America region.
LITL top holdings are iShares Russell 2000 ETF and Aveanna Healthcare Holdings Inc, occupying 1.91% and 0.91% of the portfolio correspondingly.
LITL assets under management is 5.76 M USD. It's risen 6.87% over the last month.
LITL fund flows account for 5.25 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, LITL doesn't pay dividends to its holders.
LITL shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Apr 29, 2025, and its management style is Active.
LITL expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
LITL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LITL invests in stocks.
LITL trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.