iShares Core S&P 500 ETF

Broadcom

Birkenstock Holding Plc

Core & Main

Lululemon Athletica

Deckers Outdoor

Apple

AbbVie

Match Group

Agilent Technologies

Simplify High Yield PLUS Credit Hedge ETF

CDX is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts.

A reader asked for my thoughts on CDX. CDX focuses on high-yield corporate bonds with a credit hedge meant to protect investor capital when credit spreads widen. CDX's credit hedges, including S&P 500 puts and credit default options, have been ineffective during past downturns and credit events.

CDX: High-Yield Bond ETF, Credit Hedged, Ineffective Strategy

CDX has shifted from a high yield ETF with an embedded hedge to a multi-asset fund. The fund's new structure introduces higher risk, making it unsuitable as a building block for high yield portfolios. Current high yield credit spreads are at decade lows, making the macro environment unfavorable for high yield investments.

CDX: High Yield Fund With A Wide Mandate (Rating Downgrade)

Simplify Aggregate Bond Plus Credit Hedge ETF

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Simplify US Equity PLUS GBTC ETF

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Simplify Volt RoboCar Disruption and Tech ETF

NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.

Simplify Provides Estimated Capital Gain Distribution Information for 2024

Simplify High Yield PLUS Credit Hedge ETF uses a long-short portfolio of high-quality vs. low-quality stocks to hedge credit risk, offering a positive carry credit hedge. While CDX offers protection against credit risk, it does not hedge against rising interest rates, posing a risk during periods of increasing rates. I rate CDX a buy for its potential to make high-yield bonds more palatable by mitigating downside risks from a negative credit cycle.

CDX: Good Way To Own High Yield Bonds

The credit risk in high yield bonds tends to have more volatility and credit spreads can widen swiftly during periods of market stress, wiping out income quickly. CDX deploys credit hedging techniques to mitigate credit risk. CDX has the ability to deploy credit hedges with a direct tie to credit markets, like CDS, CDX and CDX options.

Credit Hedging Done Right: CDX Outperforms With Defense

iShares Core U.S. Aggregate Bond ETF

Vanguard Total Bond Market ETF

iShares iBoxx High Yield Corporate Bond ETF

Xtrackers USD High Yield Corporate Bond ETF

SPDR Bloomberg High Yield Bond ETF

Schwab High Yield Bond ETF

SPDR Portfolio High Yield Bond ETF

iShares Broad USD High Yield Corporate Bond ETF

BondBloxx USD High Yield Bond Healthcare Sector ETF

The U.S. high yield bond ETF category has a new asset leader. The iShares Broad USD High Yield Corporate Bond ETF (USHY) is now the largest high yield bond ETF in the market, with assets totaling $15.9 billion as of Aug.15.

High Yield Bond ETFs Have New Asset Leader

CDX outperformed competitors HYG and JNK in the past year from a total return perspective, and with a better drawdown profile. CDX utilizes put spreads on the S&P 500 to hedge downside moves, providing insurance against market losses. The fund offers a lower drawdown in a market sell-off due to its embedded hedge profile and put spreads, making it a smart choice for investors.

CDX: If You Want To Buy High Yield Here, Buy It Hedged

Simplify Tail Risk Strategy ETF

Simplify Provides Estimated Capital Gain Distribution Information for 2023

NEW YORK--(BUSINESS WIRE)--Simplify Asset Management Inc. announces NAV restatement for the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX).

Net Asset Value Restatement for Simplify High Yield PLUS Credit Hedge ETF (CDX)

The Simplify High Yield PLUS Credit Hedge ETF is a fixed-income exchange-traded fund. The vehicle focuses on U.S. high yield credit and tries to hedge the downside via SPY puts, CDX index calls, or other instruments.

CDX: Hedged U.S. High Yield Exposure

Tua is not only the name of the potential MVP quarterback of the Miami Dolphins, but also the ticker for a new fixed income strategy from Simplify. Simplify Asset Management today announced the launch of the Simplify Short Term Treasury Futures Strategy ETF (NYSE Arca: TUA).

Simplify Launches Short-Term Treasury Futures Strategy ETF, TUA

Simplify Asset Management has launched two new income-focused ETFs designed to enhance portfolio yield without significant credit or duration exposure. The Simplify Stable Income ETF (NYSE Arca: BUCK) and the Simplify Enhanced Income ETF (NYSE Arca: HIGH) begin trading today on the NYSE Arca.

Simplify Adds BUCK & HIGH to Suite of Income-Focused ETFS

KraneShares Global Carbon ETF

AXS Astoria Real Assets ETF

As tensions continue between Russia and Ukraine, there are ways this is reflecting on the market. ETF Trends' Dave Nadig joins hosts Alexis Christoforous and Karina Mitchell on Yahoo Finance's “ETF Report” to talk all about the recent trends concerning this very subject and what investors and advisors can look into to adjust accordingly.

Yahoo Finance: Dave Nadig On ETFs To Watch Amid Russia-Ukraine Tensions

Simplify Asset Management today launched two new strategies providing exposure to diversified investment-grade bonds and high-yield corporate debt with unique credit hedge overlays. The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) and the Simplify High Yield PLUS Credit Hedge ETF (CDX) began trading on the NYSE on February 15.

Simplify Launches 2 Fixed Income ETFs Focused on Hedging Credit Risk

The two funds launch as spreads on corporate debt begin widening.

Simplify Debuts 2 Credit-Hedged Bond ETFs

NEW YORK--(BUSINESS WIRE)--Simplify launches AGGH and CDX ETFs, first-of-their-kind fixed income funds providing investors with unique credit hedge overlays

Simplify Adds to Its Fixed Income ETF Suite With Launch of Two Funds Focused on Hedging Credit Risk

News for Simplify High Yield PLUS Credit Hedge ETF ETF (CDX)