Simplify Provides Estimated Capital Gain Distribution Information for 2025

NEW YORK--(BUSINESS WIRE)--Simplify Asset Management announces that it expects to deliver capital gains distributions across ten ETFs.

Business Wire • Dec 12, 2025

BUCK: Misleading Effective Duration

Simplify Treasury Option Income ETF (BUCK) is marketed as a cash-plus, ultra-short duration fund but carries significant hidden interest rate risk. BUCK's effective duration is 4.98 years, far above category peers, exposing investors to potential -5% losses from a 100 bp rate move. The fund generates a 7% distribution rate, with 2.5% from option premiums, but this extra yield is not justified by the increased risk.

Seeking Alpha • Dec 4, 2025

BUCK: Alternative To Cash On Steroids

Simplify Treasury Option Income ETF offers monthly income by combining ultra-short US Treasuries with a systematic options-selling overlay. BUCK's strategy limits interest rate sensitivity and credit risk, making it a potential alternative to cash or core fixed income for income-focused investors. Current macro conditions, including the 25-bp Fed rate cut and a stable SOFR–IORB spread, support continued robust income generation for BUCK.

Seeking Alpha • Sep 22, 2025

BUCK: Better Than Junk Bonds, But Not A Replacement For T-Bills

Simplify Treasury Option Income ETF offers enhanced yield by combining short-term U.S. Treasuries with an options strategy. BUCK provides a tempting 7.5% yield, surpassing traditional Treasury ETFs and even some high-yield bond ETFs, but carries additional risks. The ETF is not suitable as a cash replacement or emergency fund due to its exposure to tail risk and occasional drawdowns.

Seeking Alpha • Sep 18, 2025

Protect Your Bucks By Selling BUCK (Rating Downgrade)

Simplify Treasury Option Income ETF aims to provide monthly income by combining Treasury holdings with an options strategy, positioning itself as a cash alternative with yield enhancement. The ETF has underperformed traditional cash vehicles, posting a negative Sharpe ratio and high volatility, failing to meet its stated objectives. BUCK relies on portfolio manager discretion for rates trading, resulting in hedge-fund-like risks without delivering superior returns or transparency.

Seeking Alpha • Jun 25, 2025

BUCK: Potential Yield From Short Durations. But At What Cost?

A Short-Duration ETF with an Options-Based Yield Boost: Just What We Needed? Yes, but not to be confused with true cash alternatives; here, risk amplifies with volatility. The options strategy boosts the yield above 8%, with monthly returns, over 70% in the form of ROC, but beware of the total return.

Seeking Alpha • Apr 20, 2025

BUCK The Trend 2.0: Seek Attractive Yields Without Chasing Credit Risk

U.S. Treasury Bill yields have been trending lower since last July as interest rate cuts started to be priced into the market. The Simplify Treasury Option Income ETF is a yield-enhanced Treasury Bill fund. This ETF looks to maximize Treasury Bill total returns while targeting a duration of one year or less and additionally looks to enhance yield via structural alpha by selling options on Treasuries. In our view, option-based convexity risk is much more compelling than credit risk right now given that the MOVE Index remains elevated and credit spreads are very tight.

Seeking Alpha • Jan 29, 2025

BUCK: This Is Not A Cash Alternative (Rating Upgrade)

I initially rated BUCK as Sell due to volatility and unpredictability, but new information regarding BUCK's operational strategy prompted me to upgrade my rating. BUCK offers 2-3% higher yields than short-term US treasuries, making it a viable high-yield bond alternative with lower volatility. Though it's still not suitable as a short-term cash alternative, income investors can appreciate BUCK's higher income and lower volatility compared to traditional high yield bonds.

Seeking Alpha • Dec 26, 2024

New Fund Name for Simplify Stable Income ETF (BUCK)

NEW YORK--(BUSINESS WIRE)--Simplify Stable Income ETF (BUCK) has been renamed as Simplify Treasury Option Income ETF, effective October 29, 2024.

Business Wire • Dec 5, 2024

I'm Seeking Up To 8% Yields For My Cash, Here Are My 3 Favorite ETFs

As clients inquire about next year's income, I recommend three favorite income funds to include in their portfolios. These funds are designed to generate reliable income and are primarily non-equity based, offering diversification. The funds have been selected based on their performance, stability, and potential to provide consistent returns.

Seeking Alpha • Nov 29, 2024