Summary
Simplify Piper Sandler US Small-Cap PLUS Income ETF is an ETF - a fund traded on an exchange like a stock - run by Simplify. Positions inside: 185. The ten largest make up 80% of the fund.
- Yearly costs
- 0.91%
- Fund size
- $5.83M
- Positions
- 185
- Dividend yield
- 2.46%
- Running since
- 2025
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 80% of the fund, so its result rests on a few names.
- 94% of the fund is in one country (United States).
- Costs of 0.91% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2025.
- A small fund with $5.83M under management; small funds get closed more often.
- It trades little: only about $54.9K 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
- +0.2%
- 3 months
- -2.6%
- This year
- +13%
- 1 year
- +20%
- Avg. market cap
- $3.13B
- P/E
- 12.6x
- Forward P/E
- 9.6x
- P/S
- 0.8x
- P/B
- 2.2x
- P/FCF
- 6.8x
- EV/EBITDA
- 8.5x
- Dividend yield
- 0.92%
- ROIC
- 11.6%
- ROE
- 32.0%
- Gross margin
- 38.0%
- Operating margin
- 16.9%
- Net margin
- 11.6%
- Payout ratio
- 11.7%
- Net debt/EBITDA
- 2.3x
- Beta
- 0.69
Weighted average of the 50 largest companies, which make up 31% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 TRS SBAR 061527 57%
- 2 TRS SBAR 051427 14%
- 3 B 3/11/27 Govt 3.1%
- 4 B 12/31/26 Govt 1.4%
- 5 B 1/28/27 Govt 0.8%
- 6 OPOption Care Health OPCH 0.8%
- 7 BRBellRing Brands, Inc. BRBR 0.7%
- 8 BLBlackbaud, Inc. BLKB 0.7%
- 9 SISignet Jewelers Limited SIG 0.7%
- 10 DXDXC Technology Company DXC 0.7%
Positions in the fund: 185. The ten largest make up 80% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Healthcare 23%
- Technology 18%
- Financials 18%
- Industrials 9.9%
- Consumer cyclical 9.9%
- Other 21%
By country
- United States 94%
- Bermuda 3.5%
- Puerto Rico 0.6%
- France 0.6%
- Other countries 1.6%
By company size
- Large cap 0.6%
- Mid cap 57%
- Small cap 41%
- Micro cap 1.2%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 93% of the fund.
Largest sector: Healthcare (23%). Largest country: United States (94%). Largest size group: Mid cap (57%).
What does it cost me?
Expensive- A year from $10,000
- $91.00
- Over 20 years
- $4,239
From every $10,000 invested the fund takes $91.00 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 $4,239.
How has it done?
Growing over the long run- Over the last year
- +20%
- Deepest drop
- -9.7%
- Yearly volatility
- 17%
Growth over the last year: 20%. Deepest drop in these years: 9.7% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.46%
- Payments a year
- 1
- Last payment
- $0.10
Over the last 12 months it paid $0.82 per share, which is 2.46% of today's price. The last payment was $0.10 on Sep 25, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $54.9K
- Shares a day
- 1.6K
On an average day about $54.9K of the fund changes hands.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 12.6
- Average Bulios Score
- 68 out of 100
Weight by Bulios Fair Price
- Undervalued 58%
- Fairly valued 14%
- Overvalued 27%
On average the companies inside trade for 12.6 times their yearly profit. By Fair Price, 58% of the rated weight comes out as undervalued.
Counted from its largest companies (50), which make up 31% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
IV IVSS Applied Finance IVS US SMID ETF | United States | 0.59% | $37.9M | - | - | 27% |
BR BRSV EA Series Trust - EA Bridgeway Select Small-Cap Value ETF | United States | 0.79% | $298.8M | - | Reinvests | 26% |
PS PSC Principal U.S. Small-Cap Multi-Factor ETF | United States | 0.38% | $1.17B | +19% | Pays out | 25% |
AF AFSM First Trust Active Factor Small Cap ETF | United States | 0.75% | $55.7M | +23% | Pays out | 24% |
FL FLQS Franklin U.S. Small Cap Multifactor Index ETF | United States | 0.35% | $67.6M | +11% | Pays out | 23% |
SE SEIS SEI Exchange Traded Funds - SEI Select Small Cap ETF | United States | 0.55% | $600.0M | +13% | Pays out | 21% |