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Launched

Simplify Tax Aware Diversified Income Strategy ETF

DINENasdaqC

$24.61+0.18 (+0.72%)

At close: Oct 13, 2026, 4:00 PM

C40/ 100

Rank 12 of 15 in Multi-Asset Income

C40/100Rank 12 of 15inMulti-Asset Income
Intraday session: up, 4 prints from 24.43 to 24.61. Range 24.61 to 24.65. Use the arrow keys to read each point.24.5024.5524.6510 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$3M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
15
Avg volume · 30D
0M sh
NAV per share
$24.58
52W range
low $24.39high $25.41
Launched

The ETF.net DINE Grade

Based on 4 of 6 pillars

C

Score 40 out of 100

Category
Multi-Asset Income⁠
Rank
12 of 15
Six-pillar profile for DINE. Scores out of 100: Cost 96, Risk 44, Mission not scored, Tradability 21, Holdings not scored, Durability 26. Strongest: Cost (96). Weakest: Tradability (21). Based on 4 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
62
This cap took
−22
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A96 out of 100
    Rank 1 of 15

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 10 of 15

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F21 out of 100
    Rank 15 of 15

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D26 out of 100
    Rank 14 of 15

Our read on DINE

ETF.net Research

CAn income fund engineered to pay out as little as possible. Simplify routes exposure to its own income ETFs through year-plus swaps, aiming to convert coupons and option premium into long-term capital gains rather than annual taxable payouts.

Stated mandate

DINE seeks capital appreciation through a diversified portfolio of income-based strategies, including fixed income, option-based, equity-income, and currency-income approaches, with tax-management techniques intended to reduce tax impact.

Why people hold it

  1. 01Exposure comes through swaps on Simplify ETFs with tenors of at least one year, so gains at expiration are eligible for long-term capital gains treatment.simplify.us
  2. 02One ticker stacks enhanced core fixed income, credit-hedged high yield, option income, equity income and currency strategies instead of five separate line items.simplify.us
  3. 03A 0.25% expense ratio, well under the typical multi-asset allocation fund, for an actively managed multi-strategy sleeve.

Worth knowing

  1. 01Launched in 2026 with a small asset base and thin trading, so spreads can be wide and the price you pay may sit away from the fund's net asset value.
  2. 02Designed to hold income inside the fund, not hand it over: distributions land annually or semiannually, so it is not a monthly-paycheck vehicle.simplify.us
  3. 03The tax angle depends on swap contracts and their counterparties working as intended, and the short history leaves little data on behavior under stress.simplify.us

DINE Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
15
Top-10 weight
189%
Largest holding
B 1/28/27 Govt41.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—B 1/28/27 Govt40.98%1,275,000$1M32
002—B 12/3/26 Govt40.44%1,250,000$1M37
003—Trs Sbar 060427 Bullet20.58%25,000$633K1
004—Trs Aggh 060427 Bullet19.10%30,933$587K1
005—B 3/11/27 Govt17.59%550,000$541K29
006—Trs Foxy 060427 Bullet15.49%17,262$476K2
007—Trs Buck 060427 Bullet12.00%15,968$369K2
008—Trs Cdx 060427 Bullet11.72%17,651$360K1
009—Trs Aggh 102527 Bullet5.79%9,372$178K1
010—Trs Foxy 102527 Bullet5.05%5,631$155K1
011—Trs Sbar 102527 Bullet4.37%5,308$134K1
012—Trs Cdx 102527 Bullet3.47%5,220$107K1
013—Trs Buck 102527 Bullet2.99%3,980$92K1
014—Cash2.99%91,914$92K112
015—B 12/31/26 Govt0.97%30,000$30K34

Showing 1–15 of 15 holdings

DINE Performance

Launched May 4, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
DINE$9,828
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. DINE $9,828. SPY $10,332. Use the arrow keys to read each point.$9,608$10,004$10,400Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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.

Trailing total return for DINE. Periods over one year show the average yearly return.
PeriodDINE
Year to dateFund launched this year—
1 month−0.6%
3 months−1.7%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for DINE
YearReturn barDINE
2026 YTD−0.4%

History from May 5, 2026

DINE in the news

Filtered to DINE · Simplify

DINE Dividends

Last payment
$0.25 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 2 payments in 2026 YTD. Jun 25, 2026 $0.05; Sep 25, 2026 $0.25. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 25, 2026Sep 30, 2026$0.25
Jun 25, 2026Jun 30, 2026$0.05

DINE Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.21
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

DINE Cost

Expense ratio0.25%
  • The middle half of Multi-Asset Income funds
  • Median 0.65%

No Multi-Asset Income fund charges less.

DINE costs $25.00 a year on $10,000. The median Multi-Asset Income fund costs $65.00.

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