FIG
Simplify Macro Strategy ETF
FIG is an actively managed fund-of-funds that seeks to provide absolute returns. The fund uses a macro strategy to build a risk-balanced, multi-asset portfolio.
Asset Allocation
MULTI
Active
MANAGEMENT STYLE
117.7 M
ASSETS UNDER MGMT
100 bp
EXPENSES
Fund Basics
| Fund sponsor | Simplify |
| Category | Asset Allocation |
| Asset class | Multi |
| Website | link... |
| Inception date | May 16, 2022 |
| Assets (mns) | $117 |
| Expense ratio | 100 bp |
Fund Structure
| Regulation | |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | Yes |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.3% | 0.3% | -2.8% | -- | -- | -- | -- | -3.6% |
| Dividend Yield | 0.0% | 0.7% | 2.1% | -- | -- | -- | -- | 2.9% |
| Total Returns | 8.3% | 1.0% | -0.7% | -- | -- | -- | -- | -0.7% | Ann. Volatility | 21.0% | 18.1% | 13.7% | -- | -- | -- | -- | 13.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.42 | 13% |
| MSCI EAFE | 0.29 | 6% |
| MSCI Emg Mkts | 0.23 | 2% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.69% |
Technical Indicators
| Recent close | $21.91 |
| 30d moving avg. | $21.51 |
| Annualized volatility | 14.4% |
| Relative strength (RSI) | 56 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Asset Allocation Multi ETFs |
| # of ETFs | 68 |
| Avg. Expense Ratio | 87.7 bp |
| Std. Deviation | 54.3 bp |
| FIG (100 bp) Percentile rank | 60 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| FIG | 100.0 | 69.1 | 169.1 |
| Peer Avg. | 86.3 | 71.4 | 157.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .