VCLO — Simplify Volt Cloud and Cybersecurity Disruption ETF
Data updated: 2023-05-22
VCLO — Simplify Volt Cloud and Cybersecurity Disruption ETF. Holdings, fees, performance and SEC filings.
VCLO Fund Overview
VCLO — Simplify Volt Cloud and Cybersecurity Disruption ETF is a US ETF managed by Simplify Exchange Traded Funds, categorised as Emerging Markets Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Simplify Exchange Traded Funds
- Category: Emerging Markets Growth Information Technology Equity
- Assets under management: $3.86M
- 1-year return: -60.7%
- Ticker: VCLO
- SEC CIK: 0001810747
- SEC series ID: S000070130
- Share class ID: C000223055
VCLO Investment Objective and Strategy
Simplify Volt Cloud and Cybersecurity Disruption ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Simplify Exchange Traded Funds.
Investment objective
Investment Objective: The Simplify Volt Cloud and Cybersecurity Disruption ETF (the Fund or VCLO) seeks to provide capital appreciation.
Principal investment strategy
Principal Investment Strategies: The adviser and sub-adviser seek to achieve the Funds investment objective by investing in U.S. and foreign equity securities and equity securities of companies engaging in activities that are consistent with Funds investment theme of cloud and cybersecurity disruption. The adviser applies an option overlay strategy to the Funds equity investments. Equity Strategy Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in domestic and foreign securities of companies and exchange traded funds (ETFs) that are engaged in the Funds investment theme of cloud and cybersecurity disruption. A company is deemed to be engaged in the Funds theme if (i) it derives a significant portion of its revenue or market value from the theme of cloud or cybersecurity disruption or (ii) it has stated its primary business to be in products and services focused on the theme of cloud or cybersecurity disruption.
Cloud and Cybersecurity are those companies that the sub-adviser believes are focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services. These companies may include mail order houses which generate the entirety of their business through websites and which offer internet-based products and services, such as streaming media or cloud storage in addition to traditional physical goods. These companies may also include ones that develop, use or rely on innovative payment methodologies, big data, the internet of things, machine learning, and social distribution and media. These companies may include disruptive innovation in data management (Data Management Companies), or cybersecurity (Cybersecurity Companies).
These types of companies are described below: Data Management Companies Companies that store and manage data for other companies in the cloud. Cybersecurity Companies Companies that help secure the technical infrastructure of other companies. In selecting companies and ETFs that the sub-adviser believes are relevant to a particular investment theme, the sub-adviser seeks to identify, using its own internal research and analysis, companies capitalizing on disruptive innovation or that are enabling the further development of a theme in the markets in which they operate. The sub-advisers internal research and analysis leverages insights from diverse sources, including internal and external research, to develop and refine its investment themes and identify and take advantage of trends that have ramifications for individual companies or entire industries.
Under normal circumstances, primarily all of the Funds assets will be invested in equity securities, including common stocks, partnership interests, business trust shares and other equity investments or ownership interests in business enterprises and ETFs. The Funds investments will include small-, medium- and large-capitalization companies. The Funds investments in foreign equity securities will be in both developed and emerging markets. The Fund may invest in foreign securities (including investments in American Depositary Receipts (ADRs) and securities listed on local foreign exchanges. The Fund is classified as a non-diversified investment company under the Investment Company Act of 1940, as amended, which means that the Fund may invest a high percentage of its assets in a fewer number of issuers.
Option Overlay Strategy Up to twenty percent of the Funds net assets will be subject to the Funds option overlay. The option overlay consists of purchasing exchange-traded and over the counter (OTC) put options on the NASDAQ 100 Index, S&P 500 Index, a NASDAQ 100 Index ETF, a S&P 500 Index ETF or individual securities and call options on individual securities. When the Fund purchases a call option, the Fund has the right, but not the obligation, to buy a stock or other asset at a specified price (strike price) within a specific time period. When the Fund purchases a put option, the Fund has the right, but not the obligation, to sell a stock or other asset at a specified price (strike price) within a specific time period. The option overlay is a strategic, persistent exposure meant to hedge against market moves in the Fund.
If the market goes up, the Funds returns may outperform the market because the adviser will sell or exercise the call options. If the market goes down, the Funds returns may fall less than the market because the adviser will sell or exercise the put options. The adviser selects options based upon its evaluation of relative value based on cost, strike price (price that the option can be bought or sold by the option holder) and maturity (the last date the option contract is valid) and will exercise or close the options based on maturity or portfolio rebalancing requirements. The Fund anticipates purchasing and selling options on a monthly, quarterly, and annual basis, depending upon the Funds rebalancing requirements and the individual option expiration dates. However, the Fund may rebalance its option portfolio on a more frequent basis for a number of reasons such as market volatility renders the protection provided by the option strategy ineffective or an option position has appreciated to the point that it is prudent to decrease the Funds exposure and realize gains for the Funds shareholders.
While the option overlay is intended to improve the Funds performance, there is no guarantee that it will do so. The value of the Funds call options is expected to rise in proportion to the rise in value of the underlying assets, but the amount by which the Funds options increase or decrease in value depends on how far the market has moved from the time the options position was initiated. The value of the Funds call options may rise faster than the market if the adviser successfully selects options that appreciate in value.
VCLO Performance
Total returns for VCLO (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -60.7% |
| 3 years (annualised) | -30.7% |
VCLO Risk Information
Risk metrics for VCLO, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 28.3%
VCLO Costs and Fees
VCLO costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 267%
- Brokerage commissions: 26.07 bps of average net assets (SEC N-CEN)
VCLO Cashflows
Over the 12 months to 2023-03, Simplify Volt Cloud and Cybersecurity Disruption ETF had net inflows of $2.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | $118.48K |
| 2023-02 | $0 |
| 2023-01 | $119.19K |
| 2022-12 | $0 |
| 2022-11 | $0 |
| 2022-10 | $176.92K |
VCLO Debt Constituents
No individual debt constituents are reported in Simplify Volt Cloud and Cybersecurity Disruption ETF's latest SEC N-PORT filing.
VCLO Prospectus and SEC Filings
Official Simplify Volt Cloud and Cybersecurity Disruption ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-10-27
- Prospectus (485BPOS) — filed 2021-10-27
- Prospectus supplement (497) — filed 2021-11-12
- Portfolio holdings (N-PORT) — filed 2023-05-22
- Portfolio holdings (N-PORT) — filed 2023-02-23
- Portfolio holdings (N-PORT) — filed 2022-11-22
- Annual census (N-CEN) — filed 2022-09-13
- Annual census (N-CEN) — filed 2021-09-13
Related Funds
Other Emerging Markets Growth Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.