Simplify Health Care ETF (PINK)Health | Exchange Traded Fund | NYSEArca
39.08 USD
-0.53
(-1.338%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:47 a.m. EDT
The Simplify Health Care ETF is currently exhibiting a classic 'bull trap' dynamic where recent price momentum is outpacing the underlying business reality. While the fund has rallied significantly over the last two years, the most recent annual performance was negative, indicating the market is pricing in a recovery that hasn't materialized yet. The valuation metrics reflect this disconnect, with a forward P/E that is effectively meaningless due to negative earnings expectations. Although the recent price action shows a bounce off the 200-day average, the lack of institutional accumulation in the options chain—specifically the heavy hedging via September puts—suggests smart money is wary of further upside. The dividend yield is negligible and insufficient to offset the capital loss risk inherent in a fund with deteriorating earnings. This is a speculative trade driven by sector hype rather than a fundamental investment opportunity. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.068321 |
| MSTL | 0.069489 |
| AutoETS | 0.072000 |
| AutoARIMA | 0.072000 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 5.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.987 |
| Excess Kurtosis | 0.03 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.07 |
| Forward P/E | -111.66 |
As of July 11, 2026, 3:47 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at the $36 strike for September expiration, creating a significant barrier against downside moves. Conversely, call activity is sparse and concentrated near the money, suggesting limited aggressive bullish conviction despite the recent price rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.13% | 0.72% | 0.59% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-25 | 0.050 | 0.130208 |
| 2026-03-26 | 0.050 | 0.151745 |
| 2025-12-23 | 0.100 | 0.270856 |
| 2025-09-25 | 0.050 | 0.163132 |
| 2025-06-25 | 0.050 | 0.167616 |
| 2025-03-26 | 0.050 | 0.169779 |
| 2024-12-23 | 0.014 | 0.046496 |
| 2024-09-25 | 0.020 | 0.061256 |
| 2024-06-25 | 0.030 | 0.095178 |
| 2024-03-25 | 0.030 | 0.099536 |
| 2023-12-26 | 0.080 | 0.296538 |
| 2023-09-27 | 0.030 | 0.119427 |
| 2023-06-27 | 0.130 | 0.498084 |
| 2023-03-27 | 0.018 | 0.072601 |
| 2022-12-27 | 0.017 | 0.064418 |
| 2022-09-27 | 0.031 | 0.131747 |
| 2022-06-27 | 0.029 | 0.116326 |
| 2022-03-28 | 0.035 | 0.129534 |
| 2021-12-27 | 0.012 | 0.042781 |
| Attribute | Value |
|---|---|
| All Time High | 40.41 |
| All Time Low | 22.79 |
| Ask | 0.0 |
| Ask Size | 2,500 |
| Average Daily Volume10 Day | 112,760 |
| Average Daily Volume3 Month | 142,408 |
| Average Volume | 142,408 |
| Average Volume10Days | 112,760 |
| Beta3 Year | 0.78 |
| Bid | 26.26 |
| Bid Size | 200 |
| Category | Health |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 39.6162 |
| Day Low | 39.08 |
| Dividend Yield | 0.64 |
| Eps Forward | -0.35 |
| Eps Trailing Twelve Months | 1.4990536 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 37.33528 |
| Fifty Day Average Change | 1.7447205 |
| Fifty Day Average Change Percent | 0.046731144 |
| Fifty Two Week Change Percent | 29.996717 |
| Fifty Two Week High | 40.41 |
| Fifty Two Week High Change | -1.329998 |
| Fifty Two Week High Change Percent | -0.032912597 |
| Fifty Two Week Low | 28.32 |
| Fifty Two Week Low Change | 10.760002 |
| Fifty Two Week Low Change Percent | 0.37994358 |
| Fifty Two Week Range | 28.32 - 40.41 |
| First Trade Date Milliseconds | 1,633,699,800,000 |
| Forward P E | -111.65715 |
| Full Exchange Name | NYSEArca |
| Fund Family | Simplify Asset Management |
| Fund Inception Date | 1,633,564,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems. |
| Long Name | Simplify Health Care ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1679202900 |
| Nav Price | 39.5442 |
| Net Assets | 358,578,880.0 |
| Net Expense Ratio | 0.51 |
| Open | 39.73 |
| Phone | 614-469-3294 |
| Previous Close | 39.61 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.529999 |
| Regular Market Change Percent | -1.33804 |
| Regular Market Day High | 39.6162 |
| Regular Market Day Low | 39.08 |
| Regular Market Day Range | 39.08 - 39.6162 |
| Regular Market Open | 39.73 |
| Regular Market Previous Close | 39.61 |
| Regular Market Price | 39.08 |
| Regular Market Time | 1,783,972,793 |
| Regular Market Volume | 110,194 |
| Short Name | Simplify Health Care ETF |
| Source Interval | 15 |
| Symbol | PINK |
| Three Year Average Return | 0.1471491 |
| Total Assets | 358,578,880 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.069782 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 16.86414 |
| Trailing Three Month Returns | 16.86414 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.67022 |
| Two Hundred Day Average Change | 3.4097824 |
| Two Hundred Day Average Change Percent | 0.09559185 |
| Type Disp | ETF |
| Volume | 110,194 |
| Yield | 0.0064 |
| Ytd Return | 7.5221 |