Simplify US Small Cap PLUS Income ETF (SCY)
Simplify US Small Cap PLUS Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Las Vegas, NV, US. The stock last traded at $22.11, down 0.04% on the session, giving a market capitalisation of $2.5M. Its beta of 1.43 implies it has historically moved more than the broad market.
The Simplify US Small Cap PLUS Income ETF (SCY) aims to provide both capital appreciation and consistent income. This actively managed ETF builds its portfolio by integrating equity investments in smaller U.S. companies with an income-generating options strategy. The fund primarily gains its equity exposure by investing in one or more representative exchange-traded funds. To produce income, its options overlay concentrates on selling short-duration spreads on a broad spectrum of underlying assets, including various equity, fixed income, and commodity benchmarks or their corresponding ETFs.
Simplify US Small Cap PLUS Income ETF is most often compared with the following Financial Services names: