VPOP — Simplify Volt Pop Culture Disruption ETF

Data updated: 2022-05-25

VPOP — Simplify Volt Pop Culture Disruption ETF. Emerging Markets Growth Equity · $789.44K AUM. Holdings, fees, performance and SEC filings.

VPOP Fund Overview

VPOP — Simplify Volt Pop Culture Disruption ETF is a US ETF managed by Simplify Exchange Traded Funds, categorised as Emerging Markets Growth 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 Equity
Assets under management: $789.44K
1-year return: -29.4%
Ticker: VPOP
SEC CIK: 0001810747
SEC series ID: S000070132
Share class ID: C000223057

VPOP Investment Objective and Strategy

Simplify Volt Pop Culture 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

Equity Strategy Under normal circumstances, the Fund primarily invests in U.S. and foreign equity securities of companies 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 pop culture disruption or (ii) it has stated its primary business to be in products and services focused on the theme of pop culture disruption. Pop culture disruption companies are companies that the sub-adviser believes are expected to focus on and benefit from the development of new products or services, technological improvements and innovative approaches related to, among other things, disruptive innovation in social media (Social Media Companies), streaming media (Streaming Media Companies), or Internet of Things (Internet of Things Companies).

These types of companies are described below: ? Social Media Companies ? Companies that use website and/or applications to allow people to share media quickly, efficiently and in real time. ? Streaming Media Companies ? Companies that deliver media such as video or audio through a streaming medium. These companies rely on consumers having a stable and fast enough internet connection to consume digital products continuously. ? Internet of Things Companies ? Companies that deliver media through platforms that do not include the traditional platforms of television, phone or computer. 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.

VPOP Performance

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

Period	Total return
1 year	-29.4%

VPOP Risk Information

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

1-year volatility (annualised): 24.7%

VPOP Costs and Fees

VPOP costs about $95 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.95%
Gross expense ratio: 0.95%
Portfolio turnover: 7%
Brokerage commissions: 1.62 bps of average net assets (SEC N-CEN)

VPOP Cashflows

Over the 12 months to 2022-03, Simplify Volt Pop Culture Disruption ETF had net inflows of $2.53M, from monthly SEC N-PORT filings.

Month	Net flow
2022-03	$0
2022-02	$0
2022-01	$0
2021-12	$0
2021-11	$602.24K
2021-10	$1.61M

VPOP Debt Constituents

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

VPOP Prospectus and SEC Filings

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

Related Funds

Other Emerging Markets Growth 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.