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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

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Portfolio Holdings CDX

More CDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −0.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

101.46 64.0 Mil
—

United States Treasury Bills 0.25%

53.26 33.6 Mil
Government

United States Treasury Bills 0.16667%

44.62 28.1 Mil
Government

Ms Qual Basket

31.63 19.9 Mil
—

Ms Junk Basket Short

26.23 16.5 Mil
—

United States Treasury Bills 0.16667%

2.37 1.5 Mil
Government

Ms Usd Margin

0.69 438,054
Cash and Equivalents

Spxw Us 05/17/24 P4280

0.02 9,900
—

Spxw Us 04/19/24 P4075

0.00 2,790
—

Spxw Us 04/19/24 P3840

0.00 −1,860
—