# Simplify Volatility Premium ETF (SVOL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/svol for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Simplify · Asset class: Equity Income - Strategy: Passive Index · Inception: 2021-05-12 SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The funds exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience... ## Key Facts | Metric | Value | |---|---| | Price | $16.62 | | Expense Ratio | 0.66% | | Assets Under Management | $518.5M | | NAV | $16.55 | | Holdings Count | 31 | | Distribution Yield (TTM) | 20.82% | | Annual Distribution (TTM) | $3.46 /share | | Distribution Frequency | Monthly | | 52-Week Range | $15.06 – $18.37 | | Beta | 0.78 | ## Latest Distribution - Amount: $0.2800 /share - Ex-date: 2026-09-25 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does SVOL invest in? SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The funds exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience performance returns that are different than the index. This performance difference can be significant during times of increased volatility. The fund invests through a subsidiary, which avoids K-1 tax reporting and credit risk investors face with other products in this space. ### What is the expense ratio of SVOL? Simplify Volatility Premium ETF (SVOL) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SVOL? Simplify Volatility Premium ETF (SVOL) manages $518.5M 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 SVOL actively managed or an index fund? SVOL 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 (SVOL's is 0.66%) because there's no security selection cost. ### When was SVOL launched? Simplify Volatility Premium ETF (SVOL) launched in May 2021 and is managed by Simplify. ### How has SVOL performed? SVOL'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. ### Does SVOL pay a dividend? Simplify Volatility Premium ETF (SVOL) currently distributes little or no income. Trailing-twelve-month yield is 20.82%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SVOL pay dividends? Simplify Volatility Premium ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SVOL's dividend yield? SVOL's trailing-twelve-month yield is 20.82%, calculated from the sum of dividends over the past year divided by the current price. ### When is SVOL's next ex-dividend date? The most recently announced ex-dividend date for SVOL was 2026-09-25. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will SVOL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.66% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SVOL charge its expense ratio? The expense ratio is deducted in tiny daily slices from SVOL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SVOL cost more than a fund like VOO? SVOL is a passive index fund (current expense ratio 0.66%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SVOL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as SVOL (0.66%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/svol - Distribution history: https://www.dividenddata.com/funds/svol/dividend - Holdings & diversification: https://www.dividenddata.com/funds/svol/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/svol/expenses - Peer comparison: https://www.dividenddata.com/funds/svol/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.