Simplify China A Shares PLUS Income ETF
$25.54−0.65 (−2.47%)
- Expense ratio
- 0.88%
- Fund size
- $14M
- 1Y return
- +17.9%
- Yield · Last 12 months
- 52.58%
- Holdings
- 44
- Volume · 30D
- 0M sh
- NAV per share
- $25.90
- 52W range
The ETF.net CAS Grade
Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 10Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 72Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 14Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 0Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 35Category rank
Our read on CAS
DSimplify's swing at China: an actively run book of mainland A shares, roughly 40 names deep, chasing capital appreciation and income at the same time instead of tracking a broad China index.
The Fund seeks capital appreciation and income. It is actively managed and normally invests at least 80% of assets in China A Shares or instruments with substantially similar economic characteristics.
Why people hold it
- Unusual mandate: normally at least 80% of assets in China A shares or instruments with substantially similar economics, picked actively rather than tracked from an index.
- Concentrated on purpose, roughly 40 positions, and it pursues income alongside price appreciation rather than share-price return alone.
- Stays in the lane its prospectus describes: mainland China equity exposure, actively managed, no style drift into a generic global basket.
Worth knowing
- The active tilt costs money: 0.88% a year sits above the typical China fund, while index rivals like JCHI (0.15%) and FLCH (0.19%) charge a fraction of it.
- Launched in 2025 and still small and lightly traded, which generally means wider bid-ask spreads than the household-name China ETFs.
- Income here is an objective, not a calendar: payouts have come irregularly rather than on a fixed monthly or quarterly schedule.
CAS Holdings
- Stocks
- 44
- 188%
- SBIL
Sectors
Geography
CAS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CAS |
|---|---|
| Year to date | +12.3% |
| 1 month | +2.4% |
| 3 months | −6.2% |
| 1 year | +17.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CAS |
|---|---|---|
| 2026 YTD | +12.3% | |
| 2025 | +50.4% |
CAS in the news
ETF.net Research hasn’t filed on CAS yet — coverage lands here as it’s written.
CAS Dividends
- 52.58%
- $13.75
- $0.50 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 26, 2026 | Aug 31, 2026 | $0.50 |
| Jul 28, 2026 | Jul 31, 2026 | $0.50 |
| Jun 25, 2026 | Jun 30, 2026 | $0.10 |
| May 26, 2026 | May 29, 2026 | $0.10 |
| Apr 27, 2026 | Apr 30, 2026 | $0.10 |
| Mar 26, 2026 | Mar 31, 2026 | $0.10 |
| Feb 24, 2026 | Feb 27, 2026 | $0.15 |
| Jan 27, 2026 | Jan 30, 2026 | $0.20 |
| Dec 23, 2025 | Dec 31, 2025 | $10.50 |
| Nov 21, 2025 | Nov 28, 2025 | $1.00 |
| Sep 25, 2025 | Sep 30, 2025 | $0.50 |
| Jun 25, 2025 | Jun 30, 2025 | $0.24 |
CAS Risk
- 22.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CAS Cost
- The middle half of China funds
- Median 0.65%
24 of the 28 China funds charge less.