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EVOIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    6.1577$
  • Previous Close
    6.1577$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

EVOIX.US represents the Simplify Volatility Premium ETF. It's an exchange-traded fund (ETF) that aims to provide investment results that correspond to the performance of a strategy that seeks to profit from the difference between the implied volatility of S&P 500 index options and the realized volatility of the S&P 500 index. In essence, it's designed to generate income by selling options on the S&P 500 while also managing risk.
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Factors

Volatility Expectations: EVOIX tracks implied volatility of S&P 500, so shifts in volatility expectations directly impact its price.

S&P 500 Performance: Market declines generally increase volatility, pushing EVOIX higher. Conversely, rallies often decrease volatility and EVOIX.

VIX Futures Curve: EVOIX invests in VIX futures. The shape and shifts of the VIX futures curve influence its value through roll yield and price changes.

Time Decay: VIX futures, and thus EVOIX, experience time decay. As contracts approach expiration, their price tends to converge towards the spot VIX level.

Supply and Demand: Like any ETF, supply and demand can create short-term price discrepancies relative to its net asset value (NAV).

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