SURI Simplify Propel Opportunities 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.

SURI — —
Key stats
About

Simplify Propel Opportunities ETF (SURI) ETF

No description available.

Exchange
ARCX
Inception
2023-02-07
Has Options
No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
Expense ratio
2.56%
prospectus, filed May 18, 2026
Assets
$75M
shares × price, Oct 9, 2026
Trailing yield
15.80%
paid quarterly
Average daily volume
$133K
30 sessions
Holdings
39
top 10 are 155.1%
Listed
Feb 7, 2023
NYSE Arca
Last fee change
-1 bp
filed May 18, 2026
Closure risk, 12 months
6.1%
low: trading volume · model
FrenzyCap ETF score
8
how it is built
Cost0
Liquidity4
Scale32
Diversification0

Moves with. Small caps over large (8% of its variance, beta 0.53); Bitcoin (4% of its variance, beta 0.06); US large-cap stocks (3% of its variance, beta 0.17). These factors explain 20% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. Investment Objective: The Simplify Propel Opportunities ETF (the Fund or SURI) seeks long-term capital appreciation. (from the fund's prospectus)

All 39 holdingsFlow historySimilar fundsOverlap toolAll Small Cap Blend ETFs

Fund flows
through Jun 2026SEC filings
Jun 2026
$0
latest reported month
Latest 3 months
−$2.6M
−3.4% of assets
Latest 12 months
−$1.9M
−2.5% of assets
Jul 2025: $0Aug 2025: $0AugSep 2025: +$953K+$953KOct 2025: +$325KOctNov 2025: $0Dec 2025: +$174KDecJan 2026: +$167KFeb 2026: +$492KFebMar 2026: −$1.4MApr 2026: −$1.5M−$1.5MAprMay 2026: −$1.1MJun 2026: $0Jun
View as a table
Net flows of SURI by month, Jul 2025 to Jun 2026
MonthNet flow
Jun 2026$0
May 2026−$1.1M
Apr 2026−$1.5M
Mar 2026−$1.4M
Feb 2026+$492K
Jan 2026+$167K
Dec 2025+$174K
Nov 2025$0
Oct 2025+$325K
Sep 2025+$953K
Aug 2025$0
Jul 2025$0

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 42 months ago

Similar funds
FundOverlapFeeAssets1Y
XPHState Street SPDR S&P Pharmaceuticals ETF8%0.35%$462M+33.5%compare
PILLDirexion Daily Pharmaceutical & Medical Bull 3X ETF6%—$17M+85.8%compare
ENFRAlerian Energy Infrastructure ETF5%0.35%$537M+18.6%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Jun 30, 2026SEC filing
Holdings vs fair value
+23.3%
73% under, 27% over · 93% covered
Price / earnings
—
45% loss-making · 89% covered
Price / book · sales
3.0 · 0.2
revenue growth +17.7%
Above 200-day average
74%
6% above 50-day · by weight
Short interest
14.0%
of float, weighted · 9.0 days to cover
Insider buying
3%
of weight had net insider buying, 90 days; 24% net selling
13F holders
+9.3%
change in shares held by institutions, latest quarter
Reporting earnings
0.0%
of weight in 7 days; 0.0% in 14
Largest contributors below fair value
Largest contributors above fair value

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
IncreaseACHVACHIEVE LIFE SCIENCES INC5.02%12.11%+20.9%
IncreaseMISTMILESTONE PHARMACEUTICALS INC2.58%5.81%+122.3%
ExitOculis Holding AG2.56%——
ExitVRDNViridian Therapeutics Inc1.59%——
ExitVORVOR BIOPHARMA INC1.38%——
ExitTRVITrevi Therapeutics Inc1.13%——
IncreaseARTVARTIVA BIOTHERAPEUTICS INC0.22%1.27%+336.3%
New positionACHIEVE LIFE SCIEN RTS—0.97%—
ExitFDMT4D Molecular Therapeutics Inc0.95%——
DecreaseCMPSCOMPASS PATHWAYS PLC1.27%2.09%−28.1%

1 new, 10 exited, 6 increased and 10 decreased between the fund's two latest holdings reports; turnover 112.1%. Full holdings and history

Under the hood
fiscal year to Jun 30, 2026SEC census
Authorized participants
3 active
of 16 with agreements; top 3 did 100%
Created · redeemed
$4.1M · $6.0M
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
10,000
shares
Securities lending
not authorized
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-06-30
Holdings
38
AUM
$75.4M
Provider
Nport
Inception
2023-02-07
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
2.56%
Dividend Yield
15.80%
Distribution
Quarterly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-25 2026-09-30 $0.6800 CD
2026-06-25 2026-06-30 $0.6800 CD
2026-03-26 2026-03-31 $0.6800 CD
2025-12-23 2025-12-31 $0.6800 CD
2025-09-25 2025-09-30 $0.6800 CD
2025-06-25 2025-06-30 $0.6800 CD
Asset Allocation
Top Holdings
top 38 of 38 holdings
Symbol Name Weight % Asset Class Country
— TREASURY BILL 39.42% Debt US
PAGP Plains GP Holdings LP 32.36% Equity (common) US
— DREYFUS TRSY OBLIG CASH M 10.83% Short-term investment US
ACHV Achieve Life Sciences Inc 7.82% Equity (common) US
PHAT Phathom Pharmaceuticals Inc 7.10% Equity (common) US
VRDN Viridian Therapeutics Inc 4.28% Equity (common) US
MIST Milestone Pharmaceuticals Inc 4.04% Equity (common) CA
DCTH Delcath Systems Inc 3.50% Equity (common) US
ABEO Abeona Therapeutics Inc 3.50% Equity (common) US
CLDX Celldex Therapeutics Inc 3.07% Equity (common) US
CMPS Compass Pathways Plc 2.66% Equity (common) GB
— Oculis Holding AG 2.62% Equity (common) CH
— WTS - ACHIEVE LIFE SCI 2.53% Equity (common) US
KYTX Kyverna Therapeutics Inc 2.40% Equity (common) US
IVA Inventiva SACA 2.09% Equity (common) FR
NKTR Nektar Therapeutics 1.57% Equity (common) US
LONA Athira Pharma Inc 1.50% Equity (common) US
— MILESTONE PHARMACE WTS 1.27% Equity (common) US
— TELESAT CANADA/TELESAT L 1.06% Debt CA
SABS SAB Biotherapeutics Inc 1.03% Equity (common) US
RGNX REGENXBIO Inc 0.73% Equity (common) US
— QUOIN PHARMACEUTIC WTS 0.67% Equity (common) US
AKRO Akero Therapeutics Inc 0.57% Equity (common) US
ZVRA Zevra Therapeutics Inc 0.45% Equity (common) US
LENZ LENZ Therapeutics Inc 0.37% Equity (common) US
— MILESTONE PHARMACE WTS 0.36% Equity (common) US
— QUOIN PHARMACEUTIC WTS 0.25% Equity (common) US
KLRS Kalaris Therapeutics Inc 0.23% Equity (common) US
— QUOIN PHARMACEUTIC WTS 0.19% Equity (common) US
— QUOIN PHARMACEUTIC WTS 0.10% Equity (common) US
— QUOIN PHARMACEUTIC WTS 0.10% Equity (common) US
APLT Applied Therapeutics Inc 0.07% Equity (common) US
AARD Aardvark Therapeutics Inc 0.05% Equity (common) US
CVR CHINOOK THERAPEUTICS INC CVR 0.00% Equity (common) US
— Eiger BioPharmaceuticals Inc 0.00% Equity (common) US
— JASPER THERAPEUTIC WTS 0.00% Equity (common) US
— WTS - TENAYA THERAPEUTICS 0.00% Equity (common) US
— MORGAN STANLEY & CO. LLC -38.62% Repurchase agreement US
Geographic Breakdown
Non-Equity Breakdown
Simplify Propel Opportunities ETF · NPORT-P period 2026-06-30 (filed 2026-08-24)
Net assets: $77M · 39 total positions · equity 97.77% · non-equity 2.70%
Non-equity holdings — 3 positions, 2.70% of NAV
Category Weight Value Positions
US Treasury 76.77% $59.3M 1
Corporate 1.16% $895000 1
Repurchase agreement -75.22% $-58112171 1
Chart
Seasonality
Month'23'24'25'26Avg
Jan---0.09%10.95%-1.53%3.11%
Feb-3.13%22.78%-5.33%3.91%4.56%
Mar-17.64%-3.89%-6.47%-10.19%-9.55%
Apr9.47%-12.92%-1.91%8.54%0.79%
May-4.45%1.73%1.43%3.93%0.66%
Jun2.59%-2.15%4.80%2.82%2.01%
Jul1.33%9.10%-0.20%1.02%2.81%
Aug-2.09%2.43%9.41%11.37%5.28%
Sep-6.86%2.22%-1.76%-13.64%-5.01%
Oct-5.40%-0.80%8.88%-0.90%*0.45%
Nov4.94%-20.08%7.59%---2.52%
Dec3.14%-18.89%-7.14%---7.63%
Total-19.00%-24.93%19.53%2.63%-5.44%
* Only 4 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: $18.08
SMA 50: $18.88
SMA 200: $17.57
Current: $17.22
EMA 12: $17.51
EMA 26: $18.12
MACD: -0.6133 | Signal: -0.0930
BEARISH
ADX (14): 36.44
TREND
+DI: 16.50
−DI: 40.59

Momentum Oscillators

RSI (14): 33.32
NEUTRAL
Stoch %K: 25.77
Stoch %D: 25.37
Williams %R: -69.18

Volume & Volatility

BB Upper: $19.95
BB Lower: $16.22
NEUTRAL
OBV: -181,095
Vol SMA 20: 9,571
Vol ROC: -79.80%
ATR: $0.43
True Range: $0.17
HV 20: 29.7%
HV 30: 26.2%
HV 60: 22.4%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-11T00:00:00 – 2026-10-09T00:00:00
AI Analysis

LLM Stock Analysis Report: SURI

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Consolidation phase in a range-bound market
  • Bullish momentum signals tempered by neutral RSI reading
  • Low volatility and correlation with the broader market

Primary Risks:

  • Potential breakout above upper Bollinger Band ($18.42)
  • Failure to break above SMA 50 ($17.65) could indicate continued consolidation

Investment Thesis: SURI is in a consolidation phase, with bullish momentum signals suggesting a potential breakout above its current range. However, the neutral RSI reading and low volatility suggest caution.

Recent News Sentiment Impact: The recent news headline about ETF areas had a NEUTRAL sentiment impact, which aligns with our overall assessment of a consolidation phase.

Technical Analysis

Trend Direction:

  • Short-term: Neutral (range-bound)
  • Medium-term: Bullish (moving averages trending upward)
  • Long-term: Bearish (SMA 200 below current price)

Support/Resistance Levels:

  • Lower Bollinger Band ($17.56) - potential support
  • Upper Bollinger Band ($18.42) - potential resistance

Momentum Signals:

  • RSI interpretation: Neutral (52.38)
  • MACD signal: Bullish (0.14 above signal line)
  • Bollinger Bands position: Squeeze

Volume Analysis:

  • Volume SMA 20: 3361.45
  • On-Balance Volume (OBV): -111125.61 (indicating bearish momentum)
  • Volume Rate of Change: -50.84% (indicating decreasing volume)

News & Sentiment Analysis

Recent Headlines Summary:

  • One neutral news headline about ETF areas

Sentiment Assessment:

  • Aggregate sentiment: NEUTRAL
  • No significant news catalysts or events in the near term

Catalyst Identification:

  • No upcoming earnings dates or major product launches scheduled
  • Regulatory changes or unexpected news could impact the stock's price

Market Narrative:

  • The neutral RSI reading and low volatility suggest a market environment where stocks are trading within established ranges, rather than experiencing significant moves.

Risk & Volatility Assessment

Beta Interpretation: Low-risk (beta 0.67)

Volatility Regime: Low-volatility regime compared to historical levels

Options Market Signals:

  • IV rank: N/A (implied volatility too low to generate a meaningful signal)
  • Put/call ratios: N/A
  • Unusual activity: N/A

Downside Protection:

  • Support level at the lower Bollinger Band ($17.56) - potential stop-loss level

Market Context & Positioning

Sector Performance:

  • Relative strength within its sector

Institutional Activity:

  • Volume patterns suggesting institutional interest is low

Correlation Analysis:

  • Correlation with the broader market: 0.36 (low)

Relative Valuation:

  • SURI's relative valuation is neutral, with no significant deviation from its trading range.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band ($17.56) - potential support
  • Upper Bollinger Band ($18.42) - potential resistance

Breakout/Breakdown Levels:

  • SMA 50 ($17.65) - potential breakout level

Time-Sensitive Catalysts:

  • No significant events or announcements scheduled in the near term

Risk Management:

  • Stop-loss levels: Lower Bollinger Band ($17.56)
  • Position sizing considerations: Conservative approach recommended due to low volatility and neutral RSI reading.

By following this analysis framework, we have provided a comprehensive report on SURI's technical analysis, news and sentiment analysis, risk and volatility assessment, market context, and positioning.

Generated

SURI Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

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: 0.5959
Alpha: -1.14%
Correlation: 0.3315
R-Squared: 11.0%
Stock Volatility: 23.4%
Market Volatility: 13.0%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

SURI 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.

1 filers12,359 shares$221.16K value
# Filer Shares Value % of Total % of Float Period
1 Jane Street Group, LLC Custodian 12,359 $221.16K 100.00% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
SURI Constituent Performance

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

SURI Constituents (22 of 22)
Symbol Name Weight % Price 1 Day 1 Week 1 Month
PAGP Plains GP Holdings LP 32.36% $26.62 +0.19%+2.15%-4.89%
ACHV Achieve Life Sciences Inc 7.82% $7.41 +3.06%+2.35%+4.96%
PHAT Phathom Pharmaceuticals Inc 7.10% $7.25 +1.68%+4.77%-13.28%
VRDN Viridian Therapeutics Inc 4.28% $18.66 +1.74%-3.81%-12.15%
MIST Milestone Pharmaceuticals Inc 4.04% $0.77 +7.43%-5.52%-21.95%
DCTH Delcath Systems Inc 3.50% $15.36 +2.13%+1.52%-3.46%
ABEO Abeona Therapeutics Inc 3.50% $4.94 -0.40%-1.79%-8.77%
CLDX Celldex Therapeutics Inc 3.07% $29.89 +2.01%-5.56%-19.00%
CMPS Compass Pathways Plc 2.66% $12 +4.62%+0.84%-16.38%
KYTX Kyverna Therapeutics Inc 2.40% $6.39 +3.40%+2.73%-11.98%
IVA Inventiva SACA 2.09% $3.16 -4.82%-11.24%-21.39%
NKTR Nektar Therapeutics 1.57% $41.17 +0.91%-5.53%-40.98%
LONA Athira Pharma Inc 1.50% $5.75 +0.00%+19.29%-16.91%
SABS SAB Biotherapeutics Inc 1.03% $2.98 +3.11%+0.00%-12.61%
RGNX REGENXBIO Inc 0.73% $8.07 -0.25%+8.61%-5.39%
AKRO Akero Therapeutics Inc 0.57% $54.65 +0.18%+0.39%+1.13%
ZVRA Zevra Therapeutics Inc 0.45% $11.39 +3.55%+14.01%-5.16%
LENZ LENZ Therapeutics Inc 0.37% $3.65 +3.26%+1.82%-19.36%
KLRS Kalaris Therapeutics Inc 0.23% $2.36 -5.60%-12.59%-30.18%
APLT Applied Therapeutics Inc 0.07% $0.1 +0.19%+6.96%+0.29%
AARD Aardvark Therapeutics Inc 0.05% $4.76 +1.06%-4.61%-7.21%
CVR CHINOOK THERAPEUTICS INC CVR 0.00% $11.2 -3.24%+-0.00%+9.16%