Simplify Government Money Market ETFSimplify Government Money Market ETFSimplify Government Money Market ETF

Simplify Government Money Market ETF

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Key stats


Assets under management (AUM)
‪4.71 B‬USD
Fund flows (1Y)
‪1.82 B‬USD
Dividend yield (indicated)
3.70%
Discount/Premium to NAV
0.010%
Shares outstanding
‪47.05 M‬
Expense ratio
0.15%

Fund info


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Home page
Inception date
Jul 14, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US82889N2696
CUSIP
82889N269
FIGI
BBG01W26FFL9
Identifiers
ISIN US82889N2696
CFI code
CEOJLS
SBIL operates as a government money market fund. However, unlike traditional money market funds, it will not maintain a stable net asset value (NAV) per share using the amortized cost method of valuation and will base the calculations on the market value of its investments instead. The fund invests at least 99.5% of its total assets in cash, US government securities, and secured repurchase agreements, aiming to maintain a portfolio dollar-weighted average maturity of 60 days or less. In addition, SBIL seeks to maintain at least 25% of its net assets in daily liquid assets and at least 50% in weekly liquid assets. The objective is to provide current income consistent with liquidity and capital stability. Note that a significant portion of the funds assets are overnight repurchase agreements, and income from these may not be exempt from state and local taxes. As an actively managed ETF, the buy, sell, and hold decisions are at the discretion of the fund adviser.

Classification


Asset Class
Fixed income
Category
Government, broad-based
Focus
Investment grade
Niche
Ultra-short term
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SBIL trades at 100.22 USD today, its price has risen 0.01% in the past 24 hours. Track more dynamics on SBIL price chart.
SBIL net asset value is 100.20 today — it's risen 0.26% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SBIL assets under management is ‪4.71 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SBIL price has fallen by −0.01% over the last month, and its yearly performance shows a −0.04% decrease. See more dynamics on SBIL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.88% increase in three-month performance and has increased by 2.52% in a year.
SBIL fund flows account for ‪1.82 B‬ 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SBIL invests in bonds. See more details in our Profile section.
SBIL expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SBIL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SBIL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SBIL shows the strong buy signal. See more of SBIL technicals for a more comprehensive analysis.
Yes, SBIL pays dividends to its holders with the dividend yield of 3.70%.
SBIL trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SBIL shares are issued by Simplify Asset Management, Inc.
SBIL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 14, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.