Simplify Nasdaq 100 plus Downside convexity ETF

Frequently Asked Questions About QQD

What does QQD invest in?

The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing ETFs that invest in companies listed on the NASDAQ-100 Index. Up to twenty percent of its net assets will be subject to the fund's downside convexity option overlay. The downside convexity option overlay consists of purchasing exchange-traded and OTC put options on the NASDAQ-100 Index or a NASDAQ-100 Index ETF.

What is the expense ratio of QQD?

Simplify Nasdaq 100 plus Downside convexity ETF (QQD) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QQD?

Simplify Nasdaq 100 plus Downside convexity ETF (QQD) manages $5.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QQD actively managed or an index fund?

QQD is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QQD's is 0.45%) because there's no security selection cost.

When was QQD launched?

Simplify Nasdaq 100 plus Downside convexity ETF (QQD) launched in December 2020 and is managed by Simplify.

How has QQD performed?

QQD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.