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ALL
AUM
$5022388
P/E ratio
8.5
Dividend yield
1.3768%
Expense ratio
1%
Beta
-0.193478
Previous close
$22.33
Today's open
--
Day's range
--
52 week range
$19.98 - $23.88
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Headquarters
US
Exchange
NYSE Arca
Issue type
Exchange-Traded Fund
Equities
Domestic
Large-Cap
Blend
Simplify Announces Two ETF Closures
NEW YORK--(BUSINESS WIRE)--Simplify is announcing upcoming changes to its ETF product lineup.
Business Wire • May 1, 2025

Net Asset Value Restatement for Simplify Market Neutral Equity Long/Short ETF (EQLS)
NEW YORK--(BUSINESS WIRE)--Simplify announces NAV restatement for the Simplify Market Neutral Equity Long/Short ETF (NYSE Arca: EQLS).
Business Wire • Apr 7, 2025

Simplify Provides Estimated Capital Gain Distribution Information for 2024
NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.
Business Wire • Nov 27, 2024

SQQQ, EQLS, And Fighting The Urge To Short
The UltraPro Short QQQ ETF is highly risky for retail investors due to its leverage and potential for total loss over time. Fundamental and technical indicators suggest the Nasdaq-100 is overextended, but timing a short position is extremely challenging and risky. Simplify Market Neutral Equity Long/Short ETF offers a safer alternative for aggressive investors, balancing long and short positions without market risk.
Seeking Alpha • Nov 26, 2024

EQLS: Checking In On This Simplify Long Short Equity ETF
The Simplify Market Neutral Equity Long/Short ETF (EQLS) has underperformed its peers in 2024, primarily due to its sector positioning. EQLS has been net short defensive sectors like Utilities and Healthcare, while being net long Information Technology and Financials. This positioning has been unfavorable given the strong performance of defensives. The fund's performance is highly dependent on the portfolio manager's ability to identify undervalued and overvalued pairs of stocks.
Seeking Alpha • Aug 26, 2024

EQLS: A Market-Neutral ETF That Manages Leverage-Risk Well
Market Neutral Fund with outperformance and underperformance relative to the market. Leveraged returns amplify market-neutral strategy movements. Simplify's risk reduction of leverage through dynamic exposure management is a key feature of EQLS ETF.
Seeking Alpha • Jun 15, 2024

EQLS: AI-Powered Long-Short ETF
Simplify Market Neutral Equity Long/Short ETF implements a leveraged long-short stock strategy based on machine learning. The EQLS ETF is net long in financials and energy, and net short in healthcare and consumer staples. Over the last 11 months, EQLS has underperformed a T-bill ETF and two market-neutral ETFs.
Seeking Alpha • May 28, 2024

New Advisor for Simplify Market Neutral Equity Long/Short ETF
NEW YORK--(BUSINESS WIRE)--Simplify Asset Management Inc. (“SAMI”) announces that Simplify EQLS LLC (the “New Manager') will assume role as investment advisor of EQLS.
Business Wire • May 16, 2024

EQLS: Market-Neutral Not A Good Play While Tech Is Still Dominant
The current market is heavily skewed towards tech, making it difficult to generate alpha without a tech-heavy portfolio. The Simplify Market Neutral Equity Long/Short ETF is a relative newcomer that aims to provide both long and short exposure to a selection of equities. However, EQLS's market-neutral strategy is not designed for the current tech-heavy market, and it has failed to fulfill its investment objective.
Seeking Alpha • Mar 3, 2024

EQLS: High Yielding Long/Short Equity Fund From Simplify
Simplify Asset Management is an innovative ETF manager that offers alternative strategies previously only available to institutional investors.
Seeking Alpha • Feb 21, 2024

¹ Disclosures

Open an M1 investment account to buy and sell Simplify Market Neutral Equity Long/Short ETF commission-free¹. Build wealth for the long term using automated trading and transfers.