Simplify Currency Strategy ETF
FOXY
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 54 W 21st Street, Suite 1007 New York NY United States of America 10010
- IPO Date
- Feb 3, 2025
- CIK
- 0001810747
- Website
- simplify.us
- Similar Companies
- Business
- Simplify Currency Strategy ETF (FOXY) is an actively managed exchange-traded fund that seeks capital appreciation by taking long and short positions in foreign currencies through forward contracts, swaps, and futures contracts; it employs a carry strategy on eight emerging market currency pairs against the U.S. dollar, holding long positions in the four highest interest rate currencies and short positions in the four lowest, while applying a mean-reversion strategy to six G10 currency pairs, holding long positions in the three with the strongest yield momentum and short positions in the three weakest. FOXY targets investors seeking uncorrelated returns to equities and bonds as a portfolio diversifier in the alternative investments segment, focusing on currency strategies with low correlations to traditional assets. The fund trades on NYSE Arca and is part of Simplify Exchange Traded Funds, a series managed by Simplify Asset Management Inc., founded in 2020 and headquartered in New York, New York. Launched on February 3, 2025, FOXY represents Simplify Asset Management's expansion into currency-focused alternatives, complementing its broader lineup of over 30 ETFs across fixed income, equity income, and alternative categories with approximately $10 billion in total assets under management as of late 2025. Recent developments for Simplify include a September 2025 letter of intent with Streamex Corp. (NASDAQ: STEX) to explore strategic partnerships integrating tokenized yield-bearing gold into ETF structures, enhancing distribution and innovation in commodity-backed products; additional 2025 product launches such as the Simplify Government Money Market ETF (SBIL) in July, Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) in April, and Simplify Ancorato Target 25 Distribution ETF (XXV) in November, reflecting ongoing portfolio diversification efforts.