Simplify Enhanced Income ETF (HIGH)Short-Term Bond | Exchange Traded Fund | NYSEArca
21.53 USD
After hours: 21.80 +0.27 (1.254%) ⇧ (April 17, 2026, 6:40 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 18, 2026, 7:16 p.m. EDT
HIGH is a classic high-yield trap characterized by severe NAV erosion; the 8.14% yield is artificially sustained by paying out principal, evidenced by a precipitous dividend cut from $0.20+ to $0.10 over the last year while the price consolidates near multi-year lows. The statistical model signals high uncertainty (Ljung-Box p-value indicates strong serial correlation) and significant heteroscedasticity, suggesting that recent price action is driven by noise rather than fundamental momentum, making it a volatile vehicle to hold. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.011405 |
| MSTL | 0.012391 |
| AutoARIMA | 0.013188 |
| AutoTheta | 0.016540 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 8.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.116 |
| Excess Kurtosis | -0.93 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.47% | 7.82% | 9.09% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-26 | 0.100 | 0.468823 |
| 2026-02-24 | 0.110 | 0.509171 |
| 2026-01-27 | 0.120 | 0.545882 |
| 2025-12-23 | 0.130 | 0.586335 |
| 2025-11-21 | 0.150 | 0.675969 |
| 2025-10-28 | 0.150 | 0.653415 |
| 2025-09-25 | 0.150 | 0.674448 |
| 2025-08-26 | 0.160 | 0.717237 |
| 2025-07-28 | 0.160 | 0.713896 |
| 2025-06-25 | 0.160 | 0.719220 |
| 2025-05-27 | 0.200 | 0.879806 |
| 2025-04-25 | 0.150 | 0.677721 |
| 2025-03-26 | 0.100 | 0.486227 |
| 2025-02-25 | 0.100 | 0.481033 |
| 2025-01-28 | 0.110 | 0.513419 |
| 2024-12-23 | 0.110 | 0.520782 |
| 2024-11-25 | 0.140 | 0.654910 |
| 2024-10-28 | 0.140 | 0.659089 |
| 2024-09-25 | 0.140 | 0.665296 |
| 2024-08-27 | 0.150 | 0.714028 |
| 2024-07-26 | 0.200 | 0.940502 |
| 2024-06-25 | 0.200 | 0.933580 |
| 2024-05-24 | 0.140 | 0.654572 |
| 2024-04-25 | 0.140 | 0.662932 |
| 2024-03-25 | 0.160 | 0.759501 |
| 2024-02-26 | 0.200 | 0.952879 |
| 2024-01-26 | 0.200 | 0.959098 |
| 2023-12-26 | 0.207 | 0.999555 |
| 2023-11-27 | 0.200 | 0.971338 |
| 2023-10-26 | 0.200 | 0.973119 |
| 2023-09-27 | 0.200 | 0.972729 |
| 2023-08-28 | 0.200 | 0.980161 |
| 2023-07-26 | 0.200 | 0.989611 |
| 2023-06-27 | 0.200 | 0.994159 |
| 2023-05-25 | 0.200 | 1.003317 |
| 2023-04-25 | 0.200 | 1.015643 |
| 2023-03-27 | 0.200 | 1.018891 |
| 2023-02-23 | 0.150 | 0.765437 |
| 2023-01-26 | 0.150 | 0.770707 |
| 2022-12-27 | 0.085 | 0.442332 |
| 2022-11-25 | 0.070 | 0.362697 |
| Attribute | Value |
|---|---|
| All Time High | 27.17 |
| All Time Low | 20.98 |
| Ask | 21.8 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 27,940 |
| Average Daily Volume3 Month | 74,998 |
| Average Volume | 74,998 |
| Average Volume10Days | 27,940 |
| Beta3 Year | -0.02 |
| Bid | 21.0 |
| Bid Size | 200 |
| Category | Short-Term Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 21.5799 |
| Day Low | 21.5 |
| Dividend Yield | 8.14 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.5902 |
| Fifty Day Average Change | -0.060199738 |
| Fifty Day Average Change Percent | -0.00278829 |
| Fifty Two Week Change Percent | -6.997842 |
| Fifty Two Week High | 25.15 |
| Fifty Two Week High Change | -3.619999 |
| Fifty Two Week High Change Percent | -0.14393634 |
| Fifty Two Week Low | 21.16 |
| Fifty Two Week Low Change | 0.37000084 |
| Fifty Two Week Low Change Percent | 0.017485863 |
| Fifty Two Week Range | 21.16 - 25.15 |
| First Trade Date Milliseconds | 1,666,963,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | Simplify Asset Management |
| Fund Inception Date | 1,666,828,800 |
| 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 fund invests primarily in interest income producing U.S. Treasury securities such as bills, notes, and bonds and fixed income ETFs that invest primarily in U.S. Treasuries. The fund targets an average securities portfolio duration of two years or less but does not restrict individual security maturity. The fund adviser expects to gain exposure to certain options markets by investing up to 25% of its assets in a wholly owned subsidiary of the fund organized under the laws of the Cayman Islands. |
| Long Name | Simplify Enhanced Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1803860873 |
| Nav Price | 21.5722 |
| Net Assets | 86,572,128.0 |
| Net Expense Ratio | 0.5 |
| Open | 21.5 |
| Phone | 614-469-3294 |
| Post Market Change | 0.26999855 |
| Post Market Change Percent | 1.2540573 |
| Post Market Price | 21.8 |
| Post Market Time | 1,776,465,600 |
| Previous Close | 21.53 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 21.5799 |
| Regular Market Day Low | 21.5 |
| Regular Market Day Range | 21.5 - 21.5799 |
| Regular Market Open | 21.5 |
| Regular Market Previous Close | 21.53 |
| Regular Market Price | 21.53 |
| Regular Market Time | 1,776,455,992 |
| Regular Market Volume | 15,143 |
| Short Name | Simplify Enhanced Income ETF |
| Source Interval | 15 |
| Symbol | HIGH |
| Three Year Average Return | 0.029956602 |
| Total Assets | 86,572,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -2.89447 |
| Trailing Three Month Returns | -2.89447 |
| Triggerable | 1 |
| Two Hundred Day Average | 22.652555 |
| Two Hundred Day Average Change | -1.1225548 |
| Two Hundred Day Average Change Percent | -0.049555328 |
| Type Disp | ETF |
| Volume | 15,143 |
| Yield | 0.08140001 |
| Ytd Return | -2.89447 |