Simplify Volatility Premium ETF (SVOL)Derivative Income | Exchange Traded Fund | NYSEArca
16.36 USD
-0.08
(-0.487%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 16.15 -0.21 (-0.210%) ⇩ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:44 a.m. EDT
The long-term outlook is severely compromised by a four-year streak of negative annual returns, culminating in a massive 20.47% drop last year and a cumulative loss of nearly 35%. This persistent structural decline suggests the underlying volatility premium strategy is failing to generate alpha or is being crushed by rising rates/vol regimes, making it a poor buy-and-hold candidate despite the low P/E. While the short term looks slightly better due to a modest recovery from the 52-week low and a neutral statistical forecast, the trend remains firmly downward. The headline-grabbing 13.3% dividend yield is misleading; it is largely a return of capital driven by the collapsing share price, not sustainable earnings power. Options data confirms this fear, with traders aggressively buying protection (puts) while implied volatility for upside plays remains cheap. Investors chasing this yield are likely buying a falling knife. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.020180 |
| AutoARIMA | 0.020542 |
| AutoETS | 0.023363 |
| AutoTheta | 0.031048 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 3.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.276 |
| Excess Kurtosis | 0.49 |
| Attribute | Value |
|---|---|
| Trailing P/E | 25.49 |
As of Aug. 22, 2026, 4:44 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to calls, particularly at strikes below the current price. Implied volatility is significantly higher for puts (approx. 39-52%) compared to calls (approx. 11-25%), indicating a market expectation of downside risk or a 'crash' scenario rather than a rally. Open interest is concentrated in out-of-the-money puts, suggesting a hedge against further declines.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.73% | 21.01% | 18.22% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-26 | 0.280 | 1.725200 |
| 2026-07-28 | 0.280 | 1.778907 |
| 2026-06-25 | 0.280 | 1.778907 |
| 2026-05-26 | 0.280 | 1.757690 |
| 2026-04-27 | 0.280 | 1.772152 |
| 2026-03-26 | 0.280 | 1.830065 |
| 2026-02-24 | 0.300 | 1.801802 |
| 2026-01-27 | 0.300 | 1.701645 |
| 2025-12-23 | 0.300 | 1.700680 |
| 2025-11-21 | 0.300 | 1.797483 |
| 2025-10-28 | 0.300 | 1.674107 |
| 2025-09-25 | 0.300 | 1.688239 |
| 2025-08-26 | 0.300 | 1.718213 |
| 2025-07-28 | 0.300 | 1.732102 |
| 2025-06-25 | 0.300 | 1.766784 |
| 2025-05-27 | 0.300 | 1.630435 |
| 2025-04-25 | 0.270 | 1.642336 |
| 2025-03-26 | 0.270 | 1.437700 |
| 2025-02-25 | 0.270 | 1.305609 |
| 2025-01-28 | 0.270 | 1.267011 |
| 2024-12-23 | 0.260 | 1.234568 |
| 2024-11-25 | 0.270 | 1.248844 |
| 2024-10-28 | 0.280 | 1.315789 |
| 2024-09-25 | 0.280 | 1.268691 |
| 2024-08-27 | 0.300 | 1.334520 |
| 2024-07-26 | 0.300 | 1.350743 |
| 2024-06-25 | 0.300 | 1.332149 |
| 2024-05-24 | 0.300 | 1.323335 |
| 2024-04-25 | 0.300 | 1.360544 |
| 2024-03-25 | 0.300 | 1.326846 |
| 2024-02-26 | 0.300 | 1.323919 |
| 2024-01-26 | 0.300 | 1.318681 |
| 2023-12-26 | 0.308 | 1.358624 |
| 2023-11-27 | 0.300 | 1.324503 |
| 2023-10-26 | 0.300 | 1.389532 |
| 2023-09-27 | 0.300 | 1.343484 |
| 2023-08-28 | 0.300 | 1.321004 |
| 2023-07-26 | 0.300 | 1.308330 |
| 2023-06-27 | 0.320 | 1.401664 |
| 2023-05-25 | 0.320 | 1.467890 |
| 2023-04-25 | 0.320 | 1.483542 |
| 2023-03-27 | 0.320 | 1.483542 |
| 2023-02-23 | 0.320 | 1.449932 |
| 2023-01-26 | 0.320 | 1.415929 |
| 2022-12-27 | 0.349 | 1.602387 |
| 2022-11-25 | 0.320 | 1.465201 |
| 2022-10-26 | 0.320 | 1.517307 |
| 2022-09-27 | 0.320 | 1.531101 |
| 2022-08-26 | 0.320 | 1.427297 |
| 2022-07-26 | 0.320 | 1.416556 |
| 2022-05-25 | 0.320 | 1.402279 |
| 2022-04-26 | 0.326 | 1.435491 |
| 2022-03-28 | 0.366 | 1.501846 |
| 2022-02-23 | 0.341 | 1.425109 |
| 2022-01-26 | 0.391 | 1.573441 |
| 2021-12-27 | 0.356 | 1.316568 |
| 2021-11-24 | 0.294 | 1.057174 |
| 2021-10-26 | 0.349 | 1.250448 |
| 2021-09-27 | 0.256 | 0.931926 |
| Attribute | Value |
|---|---|
| All Time High | 28.41 |
| All Time Low | 13.18 |
| Ask | 16.45 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 308,910 |
| Average Daily Volume3 Month | 274,150 |
| Average Volume | 274,150 |
| Average Volume10Days | 308,910 |
| Beta3 Year | 0.78 |
| Bid | 16.35 |
| Bid Size | 300 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 16.44 |
| Day Low | 16.335 |
| Dividend Yield | 13.29 |
| Eps Trailing Twelve Months | 0.641906 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 16.1088 |
| Fifty Day Average Change | 0.25119972 |
| Fifty Day Average Change Percent | 0.015593943 |
| Fifty Two Week Change Percent | -3.9906085 |
| Fifty Two Week High | 18.41 |
| Fifty Two Week High Change | -2.0499992 |
| Fifty Two Week High Change Percent | -0.11135249 |
| Fifty Two Week Low | 15.06 |
| Fifty Two Week Low Change | 1.3000002 |
| Fifty Two Week Low Change Percent | 0.08632139 |
| Fifty Two Week Range | 15.06 - 18.41 |
| First Trade Date Milliseconds | 1,620,912,600,000 |
| Five Year Average Return | 0.074386805 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.0799999 |
| Fullday Change Percent | -0.486618 |
| Fullday Price | 16.15 |
| Fund Family | Simplify Asset Management |
| Fund Inception Date | 1,620,777,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | In pursuing its investment objective, the fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The fund holds cash, cash-like instruments or high-quality fixed income securities (collectively, “Collateral”). |
| Long Name | Simplify Volatility Premium ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_710536166 |
| Nav Price | 16.437 |
| Net Assets | 523,044,128.0 |
| Net Expense Ratio | 0.66 |
| Open | 16.43 |
| Phone | 614-469-3294 |
| Post Market Change | -0.21000099 |
| Post Market Change Percent | -1.2836246 |
| Post Market Price | 16.15 |
| Post Market Time | 1,787,961,410 |
| Previous Close | 16.44 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0799999 |
| Regular Market Change Percent | -0.486618 |
| Regular Market Day High | 16.44 |
| Regular Market Day Low | 16.335 |
| Regular Market Day Range | 16.335 - 16.44 |
| Regular Market Open | 16.43 |
| Regular Market Previous Close | 16.44 |
| Regular Market Price | 16.36 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 298,767 |
| Short Name | Simplify Volatility Premium ETF |
| Source Interval | 15 |
| Symbol | SVOL |
| Three Year Average Return | 0.0779965 |
| Total Assets | 523,044,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 25.486597 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.55624 |
| Trailing Three Month Returns | 4.55624 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.5278 |
| Two Hundred Day Average Change | -0.167799 |
| Two Hundred Day Average Change Percent | -0.010152531 |
| Type Disp | ETF |
| Volume | 298,767 |
| Yield | 0.1329 |
| Ytd Return | 1.53389 |