Skip to Content
Morningstar

Simplify High Yield PLUS Credit Hdg ETF CDX

Morningstar Medalist Rating
Medalist Rating as of | See Simplify Asset Management Investment Hub

Morningstar’s Analysis CDX

Will CDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Simplify High Yield PLUS Credit Hdg ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CDX

More CDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −0.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

101.60 155.0 Mil
—

United States Treasury Bills 0.29167%

43.24 66.0 Mil
Government

United States Treasury Bills 0.25%

39.32 60.0 Mil
Government

Ms Qual Basket

30.20 46.1 Mil
—

Ms Junk Basket Short

26.18 40.0 Mil
—

United States Treasury Bills 0.33333%

17.83 27.2 Mil
Government

Ms Usd Margin

0.60 913,271
Cash and Equivalents

Spxw Us 06/03/24 P4950

0.00 2,175
—

Spxw Us 06/03/24 P4500

0.00 −1,450
—

Cdx Hy Cdsi 42 5y

−0.44 −677,550
Derivative