VFIN — Simplify Volt Fintech Disruption ETF

Data updated: 2022-05-25

VFIN — Simplify Volt Fintech Disruption ETF. Balanced Allocation · $1.55M AUM · 0.96% expense ratio. Holdings, fees, performance and SEC filings.

VFIN Fund Overview

VFIN — Simplify Volt Fintech Disruption ETF is a US ETF managed by Simplify Exchange Traded Funds, categorised as Balanced Allocation. 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: Balanced Allocation
Assets under management: $1.55M
1-year return: -38.5%
Ticker: VFIN
SEC CIK: 0001810747
SEC series ID: S000070131
Share class ID: C000223056

VFIN Investment Objective and Strategy

Simplify Volt Fintech Disruption ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Simplify Exchange Traded Funds.

Investment objective

Effective November 12, 2021, the disclosure following the paragraph headings Fees and Expenses of the Fund and Example in the Funds Summary Prospectus is replaced in its entirety with the following:

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 the Funds investment theme of financial technology disruption. The adviser applies an option overlay strategy to the Funds equity investments. Equity Strategy Under normal circumstances, the Fund will invest 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. 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 financial technology (Fintech) disruption or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech disruption.

Fintech disruption are companies that may develop, use or rely on innovative payment platforms and methodologies, innovative underwriting processes, point of sale providers, e-commerce, transactional innovations, business analytics, fraud reduction, frictionless funding platforms, peer-to-peer lending, intermediary exchanges, asset allocation technology, blockchain technologies, cryptocurrency, and mobile payments. The Fund will not directly or indirectly invest in cryptocurrencies but will invest in companies that support cryptocurrencies or blockchain. 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.

VFIN Performance

Total returns for VFIN (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	-38.5%

VFIN Risk Information

Risk metrics for VFIN, derived from monthly returns in SEC filings.

1-year volatility (annualised): 41.4%

VFIN Costs and Fees

VFIN costs about $96 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.96%
Gross expense ratio: 0.96%
Portfolio turnover: 47%
Brokerage commissions: 4.63 bps of average net assets (SEC N-CEN)

VFIN Cashflows

Over the 12 months to 2022-03, Simplify Volt Fintech Disruption ETF had net inflows of $1.79M, from monthly SEC N-PORT filings.

Month	Net flow
2022-03	$0
2022-02	$0
2022-01	$0
2021-12	$210.21K
2021-11	$513.72K
2021-10	$1.07M

VFIN Debt Constituents

No individual debt constituents are reported in Simplify Volt Fintech Disruption ETF's latest SEC N-PORT filing.

VFIN Prospectus and SEC Filings

Official Simplify Volt Fintech Disruption ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Balanced Allocation 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.