Simplify High Yield ETF (CDX)
AMEX
Financial Services
Asset Management - Bonds
$21.22
▼ -0.09%
Market Cap
$406.4M
Sector
Financial Services
Industry
Asset Management - Bonds
Beta
0.56
52-Wk Range
21.02-23.383
CEO
—
Country
US
Currency
USD
The Simplify High Yield ETF (CDX) is engineered to generate substantial current income. It achieves this by primarily allocating its capital to high-yield bonds, while simultaneously deploying strategies to reduce inherent credit risk. CDX offers foundational exposure to the high-yield market, delivering appealing income streams, and is fortified by a diverse array of dynamic and effective credit hedging techniques. Its principal hedging mechanism is rooted in a Quality-Junk factor. Furthermore, the ETF opportunistically invests in CDX call options and equity put options, assessing opportuniti…
Open full interactive analysis & DCF →