Simplify Emerging Markets Equity PLUS Downside Convexity ETF (EMGD)
Simplify Emerging Markets Equity PLUS Downside Convexity ETF operates in the Asset Management - Global industry of the Financial Services sector. The stock last traded at $16.70, up 0.29% on the session, giving a market capitalisation of $3.8M. Its beta of 0.44 implies it has historically moved less than the broad market.
The fund typically commits a minimum of 80% of its net assets, including any borrowed capital for investment, to equity securities issued by or otherwise connected to companies in developing markets. The fund's advisor primarily implements this equity strategy by acquiring exchange-traded funds (ETFs) that predominantly invest in such emerging market equities. Additionally, up to one-fifth of the fund's net assets will be subject to its specialized downside convexity option overlay.
Simplify Emerging Markets Equity PLUS Downside Convexity ETF is most often compared with the following Financial Services names: