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CVIE

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1d
1w
1m

Analysis and statistics

  • Open
    66.1152$
  • Previous Close
    65.5077$
  • 52 Week Change
    --
  • Day Range
    0.61$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CVIE.US refers to the Simplify Tail Risk Strategy ETF. This ETF seeks to provide capital appreciation while mitigating downside risk. It aims to achieve this by investing in a combination of stocks and put options on the S&P 500 Index. The ETF essentially serves as a hedge against potential market crashes or significant downturns, offering investors a way to protect their portfolios during times of market volatility and uncertainty.
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Factors

Volatility Index (VIX): CVIE.US is designed to track the VIX, so its price is heavily influenced by changes in VIX. When VIX rises, CVIE.US typically rises, and vice versa.

VIX Futures Prices: CVIE.US doesn't directly hold the VIX but instead tracks VIX futures. Therefore, the prices of these futures contracts, particularly those with near-term expiration dates, are a key driver of CVIE.US's value.

Roll Yield: Because CVIE.US must continuously roll its VIX futures contracts (selling expiring ones and buying later-dated ones), roll yield significantly affects its performance. A negative roll yield (where later-dated contracts are more expensive) erodes value.

Market Sentiment: Overall market sentiment can indirectly impact CVIE.US. Increased uncertainty or fear in the broader market often leads to higher VIX and, consequently, a higher CVIE.US price.

Supply and Demand: Like any ETF, supply and demand can temporarily influence CVIE.US's price relative to its indicative value (IV). High demand can push the price slightly above the IV, while high supply can depress it.

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