Simplify Gold Strategy PLUS Income ETF YGLD
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Simplify Gold Strategy PLUS Income ETF (YGLD) Investment Strategy and Portfolio Holdings Overview
Under normal market conditions, at the start of each quarter, the adviser selects gold futures so that the total value of economic gold exposure is up to approximately 150% of the net assets of the fund. To generate income, the fund employs an exchange traded and over-the-counter (“OTC”) option spread writing strategy on equity, fixed income, and currency ETFs. The fund is non-diversified.
Key Insights
Simplify Gold Strategy PLUS Income ETF (YGLD) Essential ETF Metrics and Performance Data
Latest Closing Price
$39.1304Market Cap
$28.28 MillionAverage Daily Volume
17,323 Shares52-Week Range
$23.30-$36.05Total Outstanding Shares
975,001 SharesCurrent Dividend
$0.50 Per Share QuarterlyInception Date
December 3, 2024