Simplify Nasdaq 100 plus convexity ETF
QQC
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 10, 2020
- CIK
- 0001810747
- Similar Companies
- Business
- Simplify Nasdaq 100 PLUS Convexity ETF (QQC) is an actively managed exchange-traded fund that provides exposure to the Nasdaq-100 Index through a core holding in a low-cost Nasdaq 100 ETF, augmented by a systematic options overlay strategy designed to boost performance during extreme market moves up or down; the options positions create convexity using a modest budget deployed into calls, puts, and other derivatives without upside caps or significant long-term drag. Launched on December 10, 2020, by Simplify Asset Management Inc., headquartered in New York, the ETF targets investors seeking enhanced large-cap US growth equity returns with tactical hedging and upside potential in volatile conditions; it operates primarily in the US market, listing on NYSE Arca with a net expense ratio of 0.45% and holdings turnover of approximately 7%. The fund ceased trading after market close on April 28, 2023, and was delisted following a determination by Simplify Asset Management that liquidation served shareholder interests, with final distributions completed shortly thereafter; assets under management had dwindled to around $5 million by early 2023. Simplify Asset Management, the ETF's sponsor and adviser, announced additional ETF closures in 2025, including four funds like SCY and FIG liquidating by May 30, 2025, amid ongoing portfolio rationalization, while pursuing new product launches such as the CTAP ETF in December 2025 combining equity and managed futures exposure; in September 2025, Simplify signed a letter of intent with Streamex Corp for a strategic partnership to develop tokenized gold ETFs and ETPs, subject to regulatory approval. Note that TSX:QQC refers to a separate, active Invesco NASDAQ 100 Index ETF unrelated to Simplify's product.