SVOL vs. FIG ETF Comparison

Comparison of Simplify Volatility Premium ETF (SVOL) to Simplify Macro Strategy ETF (FIG)

SVOL

Simplify Volatility Premium ETF

SVOL Description

The investment seeks to provide investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index while also seeking to mitigate extreme volatility. In pursuing its investment objective, the fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The fund will hold cash, cash-like instruments or high-quality short term fixed income securities. Up to twenty percent of the fund?s net assets will be subject to the fund?s option overlay to mitigate against extreme volatility.

Grade (RS Rating)

Last Trade

$21.76

Average Daily Volume

874,253

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIG

Simplify Macro Strategy ETF

FIG Description

Fortress Investment Group LLC is a publicly owned investment manager. The firm primarily provides its services to individuals. It also provides its services to high net worth individuals. The firm invests in the fixed income, currency, equity, derivatives, and commodity markets across the globe. It also launches and manages hedge funds, real estate funds, and private equity funds. The firm also invests in private equity specializing in buyout, recapitalization, control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, real estate, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications, healthcare and senior living. It also invest in energy, power generation equipment?s, consumer discretionary, healthcare facilities, and independent power and renewable electricity procedures. It considers investments in North America, Caribbean and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company's board of directors or creditor's committee. It prefer to have majority stake in companies. The firm invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm?s alternative investments include investment in real estate markets, and distressed real estate loan acquisitions. Fortress Investment Group LLC was founded in 1998 and is based in New York City.

Grade (RS Rating)

Last Trade

$22.13

Average Daily Volume

5,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SVOL	FIG
30 Days	1.37%	4.78%
60 Days	-1.66%	2.47%
90 Days	-2.35%	3.06%
12 Months	5.48%	0.58%

1 Overlapping Holdings

	Symbol	Grade	Weight in SVOL	Weight in FIG	Overlap
	CDX	B	1.51%	1.61%	1.51%

SVOL Overweight 1 Positions Relative to FIG

	Symbol	Grade	Weight
	BUCK	A	5.36%

SVOL Underweight 2 Positions Relative to FIG

	Symbol	Grade	Weight
	CTA	A	-1.26%
	TUA	F	-1.16%

SVOL: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds U.S. Treasury Bond Credit Default Swap Fixed Income Money Market Fund Swaps Wisdomtree Investments

FIG: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds U.S. Treasury Fixed Income Betashares Bond Commodity Markets Credit Default Swap Inverse Exchange Traded Fund Managed Futures Account Money Market Fund Swaps Synthetic Replication U.S. Government