SPDETF / FundSimplify US Equity PLUS Downside Convexity ETF
Verdicts genuinely change. Free email alert the moment SPD's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Simplify US Equity PLUS Downside Convexity ETF · Simplify Exchange Traded Funds
21 holdings · as of 2026-06-30 (3.9 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 101% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED Only 4% of this fund's holdings matched a company we have independently screened — below the 70% floor needed to state a verdict.
21 holdings, 4 matched (4% of weight). Portfolio as of 2026-06-30, filed 2026-08-24. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (21)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ISHARES TRUST | UNSCREENED | 95.48% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.14% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.86% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 0.69% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.44% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.27% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.23% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.19% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.11% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.05% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.04% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.04% | no in-house ratios for this holding |
| DREYFUS TRSY OBLIG CASH M | UNSCREENED | 0.04% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.03% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.02% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.02% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.02% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.01% | no in-house ratios for this holding |
| THE OPTIONS CLEARING CORPORATION | UNSCREENED | 0.00% | no in-house ratios for this holding |
| BNP.PA BNP PARIBAS | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BANK OF AMERICA, NATIONAL ASSOCIATION | UNSCREENED | 0.00% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.0 points of portfolio weight.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under Usmani
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under Dow Jones Islamic
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under S&P Shariah
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under MSCI Islamic
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under MSCI Islamic M-Series
ratios pass on 0.0% ratios fail on 0.0% 100.7% not rated under FTSE Shariah
1 of 21 listed holdings carry our own per-methodology verdicts (0% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 0 (0% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for SPD — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 49.30 | NEUTRAL |
| Stochastic %K (14) | 46.97 | NEUTRAL |
| CCI (20) | -29.56 | NEUTRAL |
| Williams %R (14) | -53.03 | NEUTRAL |
| MACD (12,26,9) | -0.02 | SELL |
| ROC (10) | 0.87 | BUY |
| Momentum (10) | 0.36 | BUY |
| EMA (10) | 41.58 | BUY |
| SMA (10) | 41.51 | BUY |
| EMA (20) | 41.68 | BUY |
| SMA (20) | 41.79 | SELL |
| EMA (30) | 41.74 | SELL |
| SMA (30) | 41.82 | SELL |
| EMA (50) | 41.74 | SELL |
| SMA (50) | 41.86 | SELL |
| EMA (100) | 41.44 | BUY |
| SMA (100) | 41.64 | BUY |
| EMA (200) | 40.46 | BUY |
| SMA (200) | 40.23 | BUY |
About Simplify US Equity PLUS Downside Convexity ETF
The adviser seeks to achieve the fund's investment objective by investing primarily in equity securities of U.S. companies and applying a downside convexity option overlay strategy to the equity investments. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The downside convexity option overlay strategy includes purchasing exchange-traded and over-the-counter ("OTC") put options on the S&P 500 Index or an S&P 500 Index ETF.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 42 |
| ⏱ 15-Min | RANGING | 50 |
| ⏲ 5-Min | BULLISH | 152 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-20 · Asset managers net 901377 (-14458)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.