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Simplify High Yield ETF (CDX)

High Yield Bond | Exchange Traded Fund | NYSEArca
20.59 USD -0.07 (-0.339%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 20.59

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 5:43 a.m. EDT

The most critical observation is the stark disconnect between the headline yield and the recent distribution reality. While the reported yield sits at a lofty 8.3%, the dividend history reveals a sharp discontinuity: payments were roughly $0.10 per share for years, then spiked to nearly $0.95 in late 2024, and have since normalized to around $0.15. This suggests the high yield is largely a function of the depressed share price rather than a robust, sustainable cash flow increase. Consequently, the long-term investment case remains neutral; the asset has experienced a mixed three-year trajectory with a slight net gain, but the trailing twelve months of price action show a clear downtrend, preventing any bullish bias despite the attractive headline percentage.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.005507
AutoTheta0.007584
AutoETS0.009157
MSTL0.009214

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 77%
H-stat 0.89
Ljung-Box p 0.000
Jarque-Bera p 0.247
Excess Kurtosis 0.54
Attribute Value
Trailing P/E 27.38

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.63% 7.81% 8.68%
Dividend History
Date Dividend Yield %
2026-08-26 0.130 0.626808
2026-07-28 0.130 0.633528
2026-06-25 0.130 0.616552
2026-05-26 0.120 0.566305
2026-04-27 0.140 0.652681
2026-03-26 0.150 0.707881
2026-02-24 0.150 0.682439
2026-01-27 0.150 0.672947
2025-12-23 0.150 0.675068
2025-11-21 0.150 0.662252
2025-10-28 0.150 0.659341
2025-09-25 0.150 0.658472
2025-08-26 0.150 0.657606
2025-07-28 0.150 0.656168
2025-06-25 0.150 0.646273
2025-05-27 0.150 0.649351
2025-04-25 0.150 0.650195
2025-03-26 0.150 0.657030
2025-02-25 0.050 0.220022
2025-01-28 0.050 0.224618
2024-12-23 0.947 4.310423
2024-11-25 0.250 1.079308
2024-10-28 0.200 0.861846
2024-09-25 0.200 0.841468
2024-08-27 0.200 0.843739
2024-07-26 0.200 0.861735
2024-06-25 0.150 0.652174
2024-05-24 0.100 0.437675
2024-04-25 0.150 0.657318
2024-03-25 0.150 0.651607
2024-02-26 0.100 0.434499
2024-01-26 0.100 0.435730
2023-12-26 0.100 0.438539
2023-11-27 0.100 0.445991
2023-10-26 0.100 0.464468
2023-09-27 0.100 0.462749
2023-08-28 0.100 0.458085
2023-07-26 0.100 0.457457
2023-06-27 0.100 0.461042
2023-05-25 0.100 0.459982
2023-04-25 0.100 0.453638
2023-03-27 0.100 0.467355
2023-02-23 0.100 0.472590
2023-01-26 0.100 0.461830
2022-12-27 0.795 3.701117
2022-11-25 0.100 0.447989
2022-10-26 0.100 0.461894
2022-09-27 0.100 0.459200
2022-08-26 0.100 0.444444
2022-07-26 0.060 0.260802
2022-06-27 0.096 0.428380
2022-05-25 0.103 0.439045
2022-04-26 0.089 0.372385
2022-03-28 0.063 0.258303
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 8.31

Info Dump

Attribute Value
All Time High 25.69
All Time Low 20.42
Ask 20.71
Ask Size 300
Average Daily Volume10 Day 157,140
Average Daily Volume3 Month 133,361
Average Volume 133,361
Average Volume10Days 157,140
Beta3 Year 0.57
Bid 20.48
Bid Size 900
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.71
Day Low 20.59
Dividend Yield 8.31
Eps Trailing Twelve Months 0.752073
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.85018
Fifty Day Average Change -0.26017952
Fifty Day Average Change Percent -0.012478527
Fifty Two Week Change Percent -9.890593
Fifty Two Week High 23.05
Fifty Two Week High Change -2.459999
Fifty Two Week High Change Percent -0.10672448
Fifty Two Week Low 20.42
Fifty Two Week Low Change 0.17000008
Fifty Two Week Low Change Percent 0.008325175
Fifty Two Week Range 20.42 - 23.05
First Trade Date Milliseconds 1,645,108,200,000
Full Exchange Name NYSEArca
Fullday Change -0.0699997
Fullday Change Percent -0.338818
Fullday Price 20.59
Fund Family Simplify Asset Management
Fund Inception Date 1,644,796,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The adviser seeks to achieve the fund’s investment objective by investing in high yield bonds also known as “junk bonds” primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund’s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.
Long Name Simplify High Yield ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1777213266
Nav Price 20.7495
Net Assets 377,275,360.0
Net Expense Ratio 0.25
Open 20.65
Phone 614-469-3294
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 20.59
Post Market Time 1,787,951,100
Previous Close 20.66
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0699997
Regular Market Change Percent -0.338818
Regular Market Day High 20.71
Regular Market Day Low 20.59
Regular Market Day Range 20.59 - 20.71
Regular Market Open 20.65
Regular Market Previous Close 20.66
Regular Market Price 20.59
Regular Market Time 1,787,947,200
Regular Market Volume 126,717
Short Name Simplify High Yield ETF
Source Interval 15
Symbol CDX
Three Year Average Return 0.0702986
Total Assets 377,275,360
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 27.377663
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.46102
Trailing Three Month Returns -1.46102
Triggerable 1
Two Hundred Day Average 21.61168
Two Hundred Day Average Change -1.0216789
Two Hundred Day Average Change Percent -0.04727439
Type Disp ETF
Volume 126,717
Yield 0.083100006
Ytd Return -2.74034