Simplify Asset Management, a company established in 2020, has expanded its product lineup with the launch of the Simplify US Equity PLUS QIS ETF (NYSE Arca: SPQ) today. The new exchange-traded fund (ETF) is designed to offer investors long-term capital appreciation by combining investments in low-cost equity ETFs, equity futures, and a significant stake in another of Simplify's offerings, the Simplify Multi-QIS Alternative ETF (QIS).
The strategy behind SPQ involves leveraging approximately 50% of its portfolio in QIS, which itself holds nearly $120 million in assets and provides exposure to a range of 10-20 quant-driven strategies. Since its launch in July 2023, QIS has accumulated over $100 million in assets. David Berns, the Chief Investment Officer and Cofounder at Simplify, emphasized that the goal of SPQ is to bolster absolute and risk-adjusted returns while maintaining full equity exposure.
SPQ's launch is part of Simplify's continued efforts to innovate in the ETF space. It offers 100% U.S. equities exposure and 50% exposure to Quantitative Investment Strategies via QIS. This follows earlier introductions this year of the Simplify Opportunistic Income ETF (CRDT C) in June and the Simplify Market Neutral Equity Long/Short ETF (EQLS B-). SPQ is also a part of Simplify's alternative ETFs lineup: SVOL, PFIX, EQLS.
This new offering from Simplify Asset Management aims to provide a sophisticated blend of traditional equity investment and quantitative strategy exposure, reflecting the firm's commitment to creating advanced investment solutions for a broad range of investors. Simplify uses options-based strategies, considering real-world investor needs and market behavior for tailored portfolio outcomes.
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