Simplify Developed Ex-US PLUS Downside Convexity ETF (EAFD)
Simplify Developed Ex-US PLUS Downside Convexity ETF operates in the Asset Management - Global industry of the Financial Services sector. The stock last traded at $17.83, down 0.39% on the session, giving a market capitalisation of $10.3M. Its beta of 0.00 implies it has historically moved less than the broad market.
Under typical circumstances, the fund allocates at least 80% of its total assets to equity securities of companies included in a developed non-U.S. index. The advisor specifies that such an index consists of large-, mid-, and small-capitalization firms from developed economies, with the exclusion of the United States and Canada. This equity investment approach is primarily implemented by purchasing exchange-traded funds (ETFs) that themselves predominantly hold the shares of companies from these developed ex-U.S. indices. Additionally, up to one-fifth of the fund’s net asset value will be subject to its downside convexity option overlay strategy.
Simplify Developed Ex-US PLUS Downside Convexity ETF is most often compared with the following Financial Services names: