PINK

Simplify Health Care ETF

$35.95
+0.00%
Market closed. Last update: 12:39 PM ET

📎 Investment Objective

The Simplify Health Care ETF (PINK) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Simplify Health Care Index.

Overview

ETF tracking Simplify Health Care ETF

Category Healthcare
Issuer Other
Inception Date 2021-10-08
Market Cap $166.3M
Average Volume N/A
Dividend Yield 0.45%
52-Week Range $26.92 - $35.98
VWAP $35.90

Performance

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Investment Summary

📎 Investment Objective

The Simplify Health Care ETF (PINK) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Simplify Health Care Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity securities of companies in the healthcare sector. The fund's investment strategy is designed to provide exposure to the healthcare industry while seeking to limit downside risk.

✨ Key Features

  • Focuses on the healthcare sector, which includes companies involved in the development, production, and distribution of pharmaceuticals, biotechnology products, medical devices, and healthcare services.
  • Employs an index-based approach to track the performance of the Simplify Health Care Index.
  • Aims to provide diversified exposure to the healthcare industry through investments in a range of companies, from large-cap to small-cap.
  • Relatively low expense ratio of 0.00%.

⚠️ Primary Risks

  • Sector risk: As a sector-specific fund, PINK is subject to the risks associated with the healthcare industry, which may be more volatile than the overall market.
  • Market risk: The value of the fund's investments may fluctuate due to general market conditions, economic factors, and other factors.
  • Concentration risk: The fund's investments are concentrated in the healthcare sector, which may make it more vulnerable to factors affecting that sector.
  • Liquidity risk: The fund may invest in securities that have limited trading volume, which could affect the fund's ability to sell them at favorable prices.

👤 Best For

The Simplify Health Care ETF may be suitable for investors seeking exposure to the healthcare sector as part of a diversified portfolio. It may be particularly appealing to investors with a medium to long-term investment horizon who are comfortable with the risks associated with sector-specific investments.