---
ticker: "LITL"
name: "Simplify Piper Sandler US Small-Cap PLUS Income ETF"
url: "https://etf.net/etf/LITL"
grade: "D"
score: 29
graded_at: "2026-10-12"
category: "US Active Small-Cap"
category_rank: "32 of 41"
methodology: "https://etf.net/methodology"
---

# LITL: Simplify Piper Sandler US Small-Cap PLUS Income ETF

Grade **D**, Score 29 of 100. Rank 32 of 41 in US Active Small-Cap.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 8 | 38 of 41 |
| Mission | Not scored | — |
| Risk | 70 | 7 of 38 |
| Tradability | 9 | 40 of 41 |
| Holdings | 66 | 16 of 41 |
| Durability | 28 | 35 of 41 |

## Top holdings

The fund holds 184 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Trs Sbar 061527 | 57.55% |
| 2 | — | Trs Sbar 051427 | 13.69% |
| 3 | — | B 3/11/27 Govt | 3.27% |
| 4 | — | B 12/31/26 Govt | 1.35% |
| 5 | — | B 1/28/27 Govt | 0.84% |
| 6 | OPCH | Option Care Health Inc USD 0.0001 | 0.75% |
| 7 | HAE | Haemonetics Corp Mass USD 0.01 | 0.66% |
| 8 | APOG | Apogee Enterprises Inc USD 0.333 | 0.64% |
| 9 | ESRT | Empire St Com USD0.01 Class A | 0.63% |
| 10 | NRDS | Nerdwallet Inc USD 0.0001 | 0.62% |
| 11 | BRBR | Bellring Brands Inc New USD 0.01 | 0.62% |
| 12 | ARDT | Ardent Health Inc | 0.61% |
| 13 | SKWD | Skyward Specialty Ins Grou USD 0.01 | 0.61% |
| 14 | HURN | Huron Consulting Group Inc USD 0.01 | 0.61% |
| 15 | BLKB | Blackbaud Inc USD 0.001 | 0.61% |
| 16 | DXC | Dxc Technology Co USD 0.01 | 0.60% |
| 17 | SM | Sm Energy Co USD 0.01 | 0.60% |
| 18 | PRDO | Perdoceo Ed Corp USD 0.01 | 0.60% |
| 19 | LRN | Stride Inc USD 0.0001 | 0.60% |
| 20 | CNX | Cnx Res Corp USD 0.01 | 0.60% |
| 21 | AII | American Integrity Ins Gr USD 0.001 | 0.60% |
| 22 | HCI | Hci Group Inc Npv | 0.60% |
| 23 | MDXG | Mimedx Group Inc USD 0.001 | 0.60% |
| 24 | UVE | Universal Ins Hldgs Inc USD 0.01 | 0.59% |
| 25 | ZVRA | Zevra Therapeutics Inc USD 0.0001 | 0.59% |
| 26 | SLDE | Slide Ins Hldgs Inc USD 0.01 | 0.59% |
| 27 | PLMR | Palomar Hldgs Inc USD 0.0001 | 0.59% |
| 28 | GCT | Gigacloud Technology Inc USD 0.05 | 0.59% |
| 29 | AMPH | Amphastar Pharmaceutical USD 0.0001 | 0.59% |
| 30 | FRSH | Freshworks Inc USD 0.00001 | 0.59% |

Source: etf.net, https://etf.net/etf/LITL. Please cite the page URL.