SPYC - Simplify US Equity PLUS Convexity ETF
The Simplify US Equity PLUS Convexity ETF (SPYC) seeks to provide capital appreciation by offering US large cap exposure while aiming to boost performance during extreme market moves up or down via an options overlay. The fund's core holding gives investors a low-cost, index-based exposure to US large caps. A modest option overlay budget is then deployed into a series of options positions that help create convexity in the fund.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $100.2M
- Beta
- 1.14
- 52-Week Range
- 38.5-45.75
- Dividend Yield
- $0.40
- IPO Date
- Sep 4, 2020
- Exchange
- AMEX
SPYC Options Snapshot
Options pricing data for SPYC is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SPYC overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SPYC overview questions
- What is SPYC?
- SPYC is the ticker symbol for Simplify US Equity PLUS Convexity ETF, an listed exchange-traded fund. The Simplify US Equity PLUS Convexity ETF (SPYC) seeks to provide capital appreciation by offering US large cap exposure while aiming to boost performance during extreme market moves up or down via an options overlay. The fund's core holding gives investors a low-cost, index-based exposure to US large caps. Listed on AMEX. SPYC is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are SPYC's key statistics?
- Simplify US Equity PLUS Convexity ETF (SPYC) carries a market capitalization of $100.2M, 52-week range of 38.5-45.75. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SPYC belong to?
- Simplify US Equity PLUS Convexity ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SPYC's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SPYC data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SPYC, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.