Simplify Volatility Premium ETF (SVOL)Derivative Income | Exchange Traded Fund | NYSEArca
16.14 USD
-0.07
(-0.432%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 16.15 +0.01 (0.084%) ⇧ (July 13, 2026, 6:26 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:16 a.m. EDT
The long-term outlook is severely compromised by a brutal multi-year decline; the asset has lost nearly 35% of its value over four years, with the last two annual periods showing negative returns. This persistent downward trajectory indicates a structural deterioration in the underlying volatility premium strategy, making it a poor hold for capital preservation despite the attractive headline yield. The short-term picture is equally bleak, with the price trading well below its 200-day average and a statistical model predicting a slight negative drift over the next 45 days. While the dividend yield appears robust at over 13%, this payout is likely eroding principal rather than providing sustainable income, given the relentless price erosion. Options data confirms this pessimism, with traders aggressively buying deep out-of-the-money puts to hedge against further drops, while call activity remains negligible. This is a classic 'carry trade' of volatility that has failed to generate alpha, leaving investors exposed to tail risks without a clear path to recovery. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.008526 |
| MSTL | 0.008743 |
| AutoETS | 0.009666 |
| AutoTheta | 0.017402 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 50% |
| H-stat | 9.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.950 |
| Excess Kurtosis | 0.23 |
| Attribute | Value |
|---|---|
| Trailing P/E | 26.05 |
As of July 11, 2026, 5:16 a.m. EDT: Speculators are heavily positioned for downside protection, evidenced by massive open interest in out-of-the-money puts relative to calls across all expirations. The put/call ratio is skewed significantly toward selling insurance, while call activity remains thin and concentrated near the money, suggesting a lack of bullish conviction despite the high yield.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.78% | 20.95% | 17.93% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | 16.17 |
| Ask Size | 4,200 |
| Average Daily Volume10 Day | 227,750 |
| Average Daily Volume3 Month | 305,350 |
| Average Volume | 305,350 |
| Average Volume10Days | 227,750 |
| Beta3 Year | 0.78 |
| Bid | 16.11 |
| Bid Size | 200 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 16.215 |
| Day Low | 16.12 |
| Dividend Yield | 13.19 |
| Eps Trailing Twelve Months | 0.61958677 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.9842 |
| Fifty Day Average Change | 0.15579987 |
| Fifty Day Average Change Percent | 0.009747117 |
| Fifty Two Week Change Percent | -7.6353254 |
| Fifty Two Week High | 18.41 |
| Fifty Two Week High Change | -2.2700005 |
| Fifty Two Week High Change Percent | -0.12330258 |
| Fifty Two Week Low | 15.06 |
| Fifty Two Week Low Change | 1.079999 |
| Fifty Two Week Low Change Percent | 0.071713075 |
| Fifty Two Week Range | 15.06 - 18.41 |
| First Trade Date Milliseconds | 1,620,912,600,000 |
| Five Year Average Return | 0.0680326 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_710536166 |
| Nav Price | 16.1884 |
| Net Assets | 542,501,630.0 |
| Net Expense Ratio | 0.66 |
| Open | 16.18 |
| Phone | 614-469-3294 |
| Post Market Change | 0.013500214 |
| Post Market Change Percent | 0.08364445 |
| Post Market Price | 16.1535 |
| Post Market Time | 1,783,981,605 |
| Previous Close | 16.21 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0699997 |
| Regular Market Change Percent | -0.43183 |
| Regular Market Day High | 16.215 |
| Regular Market Day Low | 16.12 |
| Regular Market Day Range | 16.12 - 16.215 |
| Regular Market Open | 16.18 |
| Regular Market Previous Close | 16.21 |
| Regular Market Price | 16.14 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 227,894 |
| Short Name | Simplify Volatility Premium ETF |
| Source Interval | 15 |
| Symbol | SVOL |
| Three Year Average Return | 0.063288696 |
| Total Assets | 542,501,632 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 26.04962 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 10.33552 |
| Trailing Three Month Returns | 10.33552 |
| Triggerable | 1 |
| Two Hundred Day Average | 16.8183 |
| Two Hundred Day Average Change | -0.67830086 |
| Two Hundred Day Average Change Percent | -0.040331118 |
| Type Disp | ETF |
| Volume | 227,894 |
| Yield | 0.1319 |
| Ytd Return | 1.45384 |