Simplify Opportunistic Income ETF CRDT AMEX · Financials · United States
$19.52 -0.75% -$0.15
Summary
Simplify Opportunistic Income ETF is an ETF - a fund traded on an exchange like a stock - run by Simplify. Positions inside: 43. The ten largest make up 257% of the fund.
- Yearly costs
- 0.97%
- Fund size
- $25.8M
- Positions
- 43
- Dividend yield
- 6.86%
- Running since
- 2023
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 257% of the fund, so its result rests on a few names.
- Costs of 0.97% a year are above the middle of comparable funds (0.20%).
- A small fund with $25.8M under management; small funds get closed more often.
- It trades little: only about $127.8K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -4.9%
- 3 months
- -18%
- This year
- -16%
- 1 year
- -17%
- 3 years
- -23%
- Avg. market cap
- $3.69B
- P/E
- 11.1x
- Forward P/E
- 5.0x
- P/S
- 0.4x
- P/B
- 0.3x
- P/FCF
- 6.9x
- EV/EBITDA
- 18.9x
- Dividend yield
- 12.56%
- ROIC
- -1.1%
- ROE
- -9.4%
- Gross margin
- 67.5%
- Operating margin
- 39.7%
- Net margin
- -3.7%
- Payout ratio
- 138.9%
- Net debt/EBITDA
- 24.0x
- Beta
- 0.50
Weighted average of the 10 largest companies, which make up 28% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 US 2YR NOTE (CBT) DEC26 117%
- 2 US 5YR NOTE (CBT) DEC26 53%
- 3 US ULTRA BOND CBT DEC26 51%
- 4 RIRithm Capital Corp. RITM 9.6%
- 5 PNT 2025-1 B1 Mtge 4.7%
- 6 Cash 4.7%
- 7 NAVSL 2021-BA R Mtge 4.0%
- 8 BHBraemar Hotels & Resorts Inc. BHR 3.9%
- 9 TWMAFI 12.25 02/10/29 Corp 3.9%
- 10 ORCL 6.5 01/15/29 D Pfd 3.8%
Positions in the fund: 43. The ten largest make up 257% of it.
Composition as of Nov 7, 2026.
Where is it spread?
Spread outBy country
- United States 70%
- Cayman Islands 7.8%
- Norway 3.8%
- Japan 2.3%
- Other countries 16%
Largest country: United States (70%).
What does it cost me?
Expensive- A year from $10,000
- $97.00
- Over 20 years
- $4,495
From every $10,000 invested the fund takes $97.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,495.
How has it done?
Losing value- A year on average, 3 years
- -8.2%
- Deepest drop
- -25%
- Yearly volatility
- 12%
Average yearly decline over the last three years: 8.2%. Deepest drop in these years: 25% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 6.86%
- Payments a year
- 12
- Last payment
- $0.15
Over the last 12 months it paid $1.34 per share, which is 6.86% of today's price. The last payment was $0.15 on Oct 27, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $127.8K
- Shares a day
- 6.5K
On an average day about $127.8K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 11.1
- Average Bulios Score
- 41 out of 100
Weight by Bulios Fair Price
- Undervalued 55%
- Fairly valued 34%
- Overvalued 11%
On average the companies inside trade for 11.1 times their yearly profit. By Fair Price, 55% of the rated weight comes out as undervalued.
Counted from its largest companies (10), which make up 28% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.