IVVM vs. SPD ETF Comparison

Comparison of iShares Large Cap Moderate Buffer ETF (IVVM) to Simplify US Equity PLUS Downside Convexity ETF (SPD)

IVVM

iShares Large Cap Moderate Buffer ETF

IVVM Description

Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of large capitalization companies or instruments with similar economic characteristics. The fund pursues an options strategy which seeks to provide the fund with exposure to the share price return of the Underlying ETF up to an approximate upside limit, while seeking to provide downside protection against approximately the first 5% of Underlying ETF losses and lower volatility over each calendar quarter, or Hedge Period. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.85

Average Daily Volume

2,901

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPD

Simplify US Equity PLUS Downside Convexity ETF

SPD Description

The investment seeks to provide capital appreciation. The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds (ETFs). The downside convexity option overlay consists of purchasing exchange-traded and over the counter (OTC) put options on the S&P 500 Index or an S&P 500 Index ETF.

Grade (RS Rating)

Last Trade

$30.97

Average Daily Volume

25,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVVM	SPD
30 Days	0.35%	-0.35%
60 Days	0.58%	1.04%
90 Days	1.98%	3.36%
12 Months		22.68%

1 Overlapping Holdings

	Symbol	Grade	Weight in IVVM	Weight in SPD	Overlap
	IVV	A	98.96%	99.42%	98.96%

IVVM Overweight 0 Positions Relative to SPD

	Symbol	Grade	Weight

IVVM Underweight 0 Positions Relative to SPD

	Symbol	Grade	Weight

IVVM: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund

SPD: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund