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Simplify Volatility Premium ETF (SVOL)

Derivative Income | Exchange Traded Fund | NYSEArca
15.93 USD -0.06 (-0.375%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 15.96 +0.03 (0.188%) ⇧ (April 17, 2026, 7:43 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 1:09 a.m. EDT

SVOL is currently showing signs of distributing its excess yield with key technical and options support holding firm but failing to generate loose short-term upside. The 23% dividend yield is a carry-trade premium that the market is increasingly questioning, leading to heavy put buying and declining share price momentum. While the 'volatility premium' strategy offers a high buffer against market crashes, the asset is currently in a cat-bird position: higher than the one-year low to limit downside, yet failing to break out of its downtrend pocket, with the near-term outlook leaning slightly negative due to a crowded put wall and lack of aggressive call speculation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.024760
AutoETS0.031460
AutoTheta0.032169
MSTL0.032571

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.20
Ljung-Box p 0.000
Jarque-Bera p 0.265
Excess Kurtosis -1.14
Attribute Value
Trailing P/E 26.54

As of April 19, 2026, 1:09 a.m. EDT: Options flow indicates a mixed sentiment with heavier protection than bullishness. In the short term (April 17), Put Open Interest (807) significantly exceeds Call Open Interest (543), suggesting a defense of recent lows or expectation of downside. IV is notably higher on the Put side (0.34 ATM) compared to Calls (0.24 ATM), signaling a risk-off environment or defensive positioning. However, for the longer 3-month horizon (May/June), Put Buying Volume (479 vs 71 in May) far outweighs Call Volume, indicating a bearish bias on the expiry cycle. Call Open Interest remains relatively flat and low across all expirations, with negligible speculator interest in deep OTM calls. The strategy implies a 'sell insurance' posture rather than a directional move higher.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.83% 22.76% 22.99%
Dividend History
Date Dividend Yield %
2026-03-26 0.280 1.830065
2026-02-24 0.300 1.834080
2026-01-27 0.300 1.763679
2025-12-23 0.300 1.792640
2025-11-21 0.300 1.926937
2025-10-28 0.300 1.827464
2025-09-25 0.300 1.873537
2025-08-26 0.300 1.938777
2025-07-28 0.300 1.988126
2025-06-25 0.300 2.062760
2025-05-27 0.300 1.937023
2025-04-25 0.270 1.984572
2025-03-26 0.270 1.766177
2025-02-25 0.270 1.626474
2025-01-28 0.270 1.598859
2024-12-23 0.260 1.577826
2024-11-25 0.270 1.616002
2024-10-28 0.280 1.723952
2024-09-25 0.280 1.684312
2024-08-27 0.300 1.794083
2024-07-26 0.300 1.840322
2024-06-25 0.300 1.839750
2024-05-24 0.300 1.851999
2024-04-25 0.300 1.929360
2024-03-25 0.300 1.907070
2024-02-26 0.300 1.928121
2024-01-26 0.300 1.945975
2023-12-26 0.308 2.031450
2023-11-27 0.300 2.007395
2023-10-26 0.300 2.133784
2023-09-27 0.300 2.091659
2023-08-28 0.300 2.084267
2023-07-26 0.300 2.091707
2023-06-27 0.320 2.270323
2023-05-25 0.320 2.411034
2023-04-25 0.320 2.472676
2023-03-27 0.320 2.509006
2023-02-23 0.320 2.488832
2023-01-26 0.320 2.466092
2022-12-27 0.349 2.830394
2022-11-25 0.320 2.629468
2022-10-26 0.320 2.763019
2022-09-27 0.320 2.830868
2022-08-26 0.320 2.679177
2022-07-26 0.320 2.695881
2022-05-25 0.320 2.706330
2022-04-26 0.326 2.809743
2022-03-28 0.366 2.980675
2022-02-23 0.341 2.870934
2022-01-26 0.391 3.214255
2021-12-27 0.356 2.731393
2021-11-24 0.294 2.222147
2021-10-26 0.349 2.656357
2021-09-27 0.256 2.004343
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 23.07

Info Dump

Attribute Value
All Time High 28.41
All Time Low 13.18
Ask 16.0
Ask Size 200
Average Daily Volume10 Day 358,610
Average Daily Volume3 Month 482,080
Average Volume 482,080
Average Volume10Days 358,610
Beta3 Year 0.84
Bid 15.93
Bid Size 1,700
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.09
Day Low 15.9
Dividend Yield 23.07
Eps Trailing Twelve Months 0.6002859
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.2216
Fifty Day Average Change -0.29159927
Fifty Day Average Change Percent -0.017975988
Fifty Two Week Change Percent 8.441114
Fifty Two Week High 20.06
Fifty Two Week High Change -4.129999
Fifty Two Week High Change Percent -0.20588231
Fifty Two Week Low 14.4
Fifty Two Week Low Change 1.5300007
Fifty Two Week Low Change Percent 0.10625005
Fifty Two Week Range 14.4 - 20.06
First Trade Date Milliseconds 1,620,912,600,000
Full Exchange Name NYSEArca
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 15.9327
Net Assets 577,048,640.0
Net Expense Ratio 0.66
Open 16.05
Phone 614-469-3294
Post Market Change 0.029999733
Post Market Change Percent 0.18832223
Post Market Price 15.96
Post Market Time 1,776,469,404
Previous Close 15.99
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0599995
Regular Market Change Percent -0.375231
Regular Market Day High 16.09
Regular Market Day Low 15.9
Regular Market Day Range 15.9 - 16.09
Regular Market Open 16.05
Regular Market Previous Close 15.99
Regular Market Price 15.93
Regular Market Time 1,776,456,000
Regular Market Volume 345,528
Short Name Simplify Volatility Premium ETF
Source Interval 15
Symbol SVOL
Three Year Average Return 0.0667113
Total Assets 577,048,640
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.537355
Trailing Peg Ratio None
Trailing Three Month Nav Returns -8.04971
Trailing Three Month Returns -8.04971
Triggerable 1
Two Hundred Day Average 17.26175
Two Hundred Day Average Change -1.331749
Two Hundred Day Average Change Percent -0.07715029
Type Disp ETF
Volume 345,528
Yield 0.2307
Ytd Return -8.04971