CAS Simplify China A Shares PLUS Income ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

CAS — —
Key stats
About

Simplify China A Shares PLUS Income ETF (CAS) ETF

No description available.

Exchange
ARCX
Inception
2025-01-13
Has Options
No
Fund profile
Taxable Bond Multisector Bond#126 of 146 by assets Simplify Actively managed
Expense ratio
—
Assets
—
Trailing yield
66.99%
paid monthly
Average daily volume
$75K
30 sessions
Holdings
—
Listed
Jan 13, 2025
NYSE Arca
Closure risk, 12 months
10%
elevated: trading volume, trailing return, age · model

Moves with. Emerging markets over US (8% of its variance, beta 0.55); US large-cap stocks (8% of its variance, beta 0.75). These factors explain 19% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll Multisector Bond ETFs

Fund flows

No monthly flow reports are on file for this fund yet. New funds appear after their first quarterly filing; funds organised as unit investment trusts do not file them.

Similar funds
FundOverlapFeeAssets1Y
BINCiShares Flexible Income Active ETF—0.40%$16.6B−5.0%compare
PYLDPIMCO Multi Sector Bond Active ETF—0.64%$16.5B−5.0%compare
JPIEJPMorgan Income ETF—0.39%$11.2B−2.9%compare
BONDPIMCO Active Bond Exchange-Traded Fund—0.54%$8.6B−6.0%compare
CGCPCapital Group Core Plus Income ETF—0.34%$8.5B−6.1%compare

The largest other funds in the Multisector Bond category.

ETF Profile
Holdings
—
AUM
—
Provider
Unknown
Inception
2025-01-13
Exchange
ARCX
Data As Of
—
Expense Ratio
—
Dividend Yield
66.99%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-25 2026-09-30 $1.0000 CD
2026-08-26 2026-08-31 $0.5000 CD
2026-07-28 2026-07-31 $0.5000 CD
2026-06-25 2026-06-30 $0.1000 CD
2026-05-26 2026-05-29 $0.1000 CD
2026-04-27 2026-04-30 $0.1000 CD
Chart
Seasonality
'25'26Avg
Jan2.48%3.85%3.17%
Feb3.12%5.31%4.21%
Mar-1.27%-8.34%-4.80%
Apr4.31%9.83%7.07%
May4.63%1.32%2.98%
Jun7.15%6.77%6.96%
Jul0.87%-16.15%-7.64%
Aug14.31%4.99%9.65%
Sep4.10%-8.41%-2.16%
Oct0.82%-7.99%*-3.58%
Nov-4.55%---4.55%
Dec-26.93%---26.93%
Total2.98%-11.64%-4.33%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $22.63
SMA 50: $24.44
SMA 200: $26.04
Current: $21.52
EMA 12: $22.12
EMA 26: $22.99
MACD: -0.8695 | Signal: -0.0515
BEARISH
ADX (14): 35.39
TREND
+DI: 21.63
−DI: 56.15

Momentum Oscillators

RSI (14): 31.70
NEUTRAL
Stoch %K: 13.97
Stoch %D: 18.27
Williams %R: -87.76

Volume & Volatility

BB Upper: $24.24
BB Lower: $21.02
NEUTRAL
OBV: -174,705
Vol SMA 20: 3,341
Vol ROC: -35.09%
ATR: $0.38
True Range: $0.25
HV 20: 25.2%
HV 30: 27.2%
HV 60: 26.6%

Data Summary

Data Points: 446
Last Updated:
Date Range: 2025-01-14T00:00:00 – 2026-10-22T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for CAS:

Executive Summary

BULLISH (Confidence Level: 7/10)

Key drivers: Bullish momentum from technical indicators, stable revenue growth, and expansion of ecosystem.

Primary risks: High volatility, potential earnings miss, and regulatory issues.

Investment thesis: CAS has a strong technical profile with bullish momentum, supported by stable revenue growth. The company's expansion of its ecosystem to accelerate Application Modernization for Cloud provides a catalyst for further upside.

Recent news sentiment impact: Neutral headlines do not significantly influence the stock price.

Technical Analysis

Trend Direction: Medium-term uptrend (1-3 months)

Support/Resistance Levels: Key resistance at $29.05 (upper Bollinger Band), key support at $26.27 (lower Bollinger Band)

Momentum Signals:

  • RSI interpretation: Neutral, above 30 and below 70
  • MACD signal: Bullish, above the signal line
  • Bollinger Bands position: Squeeze, indicating potential breakout

Volume Analysis: Volume trends suggest institutional interest, with volume rate of change at 329.82%.

News & Sentiment Analysis

Recent Headlines Summary: Neutral headlines on ecosystem expansion, liquidation, and revenue stability do not significantly impact the stock price.

Sentiment Assessment: Overall sentiment is neutral, with no significant positive or negative news events.

Catalyst Identification: Earnings announcement (no data available), product launches, regulatory changes

Market Narrative: News headlines align with the bullish technical signals, reinforcing the trend.

Risk & Volatility Assessment

Beta Interpretation: CAS has a moderate risk profile with beta above 1, indicating more volatility than the market.

Volatility Regime: Above-average volatility, with True Range at $0.23 and ATR at $0.37.

Options Market Signals: No options data available

Downside Protection: Key support at $26.27 (lower Bollinger Band)

Market Context & Positioning

Sector Performance: Strong performance in the technology sector

Institutional Activity: Volume trends suggest institutional interest, with volume rate of change at 329.82%.

Correlation Analysis: Correlation with SPY at 0.33, indicating a moderate relationship between the two.

Relative Valuation: CAS is trading within its historical range, with no significant valuation issues.

Key Levels & Action Items

Critical Price Levels: Resistance at $29.05 (upper Bollinger Band), support at $26.27 (lower Bollinger Band)

Breakout/Breakdown Levels: Breakout above $29.05 could lead to further upside, while a breakdown below $26.27 could indicate increased risk

Time-Sensitive Catalysts: Earnings announcement (no data available), product launches, regulatory changes

Risk Management: Stop-loss levels at $27.50, with position sizing considerations based on volatility and market conditions.

Overall, CAS has a strong technical profile with bullish momentum, supported by stable revenue growth. The company's expansion of its ecosystem provides a catalyst for further upside. However, high volatility and potential earnings miss remain key risks to consider.

Generated

CAS Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.0616
Alpha: -53.13%
Correlation: 0.3426
R-Squared: 11.7%
Stock Volatility: 39.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time

CAS Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

3 filers442,508 shares$12.87M value
# Filer Shares Value % of Total % of Float Period
1 Simplify Asset Management Inc. 428,078 $12.45M 96.74% — 2026-06-30
2 Jane Street Group, LLC Custodian 14,383 $418.21K 3.25% — 2026-06-30
3 UBS Group AG Custodian 47 $1.37K 0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month