Simplify Health Care ETF
$37.79−0.69 (−1.79%)
- 0.51%
- $319M
- +20.0%
- 0.78%
- 0.1M sh
- $38.57
- low $32.03high $40.63
The ETF.net PINK Grade
C
Score 50 out of 100
- 13 of 25
Score 50 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.
Cost
The fund’s net expense ratio, ranked against its category.C46 out of 100Rank 14 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 11 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 11 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 17 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C52 out of 100Rank 14 of 25
Our read on PINK
CMost big health care ETFs just buy the index and sit still. PINK is a stock picker: roughly 60 U.S. names chosen bottom-up, multi-cap, growth-leaning, with room to back companies developing new medicines or cutting system costs.
PINK seeks long-term capital appreciation through U.S. health care companies, using a multi-cap, fundamental bottom-up approach. It generally follows a growth strategy and may emphasize companies developing medicines or improving health-care-system cost or quality.
Why people hold it
- Active by design: about 60 U.S. health care names picked bottom-up, not several hundred sorted by market cap. Concentration cuts both ways, but each pick actually matters here.
- Measured against an all-cap health care benchmark, so small and mid caps are in play, not just the megacap pharma that dominates S&P 500 based sector funds like XLV and RSPH.
- Charges 0.51%, right at the category median, which is unusual pricing for a hand-picked portfolio rather than an index feed.
- Sits in the upper half of the broad health care sector group on our review, and pays out quarterly.
Worth knowing
- The category's index heavyweights (VHT, FHLC, XLV) charge under a tenth of a percent. PINK's fee is roughly six times that, and it buys the manager's judgment.
- No index to hug. Holdings come from a manager's calls, so the fund can sit far from the health care benchmark in either direction.
- One sector, one country, about 60 holdings, growth lean. Trial results and health policy headlines land with full force here.
PINK Holdings
- Stocks
- 52
- 57%
- HUM
Sectors
- Health Care91.5%
- Consumer Discretionary4.6%
- Industrials3.9%
Geography
- United States96.24%
- Ireland3.75%
- France0.01%
PINK Performance
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.
PINK$11,999
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.
| Period | PINK |
|---|---|
| Year to date | +5.7% |
| 1 month | −0.3% |
| 3 months | −2.6% |
| 1 year | +20.0% |
| 3 years | +16.6% |
| 5 years | +9.8% |
| 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 | PINK |
|---|---|---|
| 2026 YTD | +5.7% | |
| 2025 | +24.4% | |
| 2024 | +8.8% | |
| 2023 | +3.8% | |
| 2022 | −4.4% | |
| 2021 | +12.2% |
PINK in the news
PINK Dividends
- 0.78%
- $0.30
- $0.10 per share
- Quarterly
Distribution history
PINK Risk
- 16.4%
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.
- 0.72
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.
- −18.8%
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.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PINK Cost
0.51%
PINK0.51%
- The middle half of Health Care (Broad) funds
- Median 0.50%
13 of the 25 Health Care (Broad) funds charge less.
Other funds in Health Care (Broad)
- BIHIiShares U.S. Medical Devices ETFExpense ratio 0.37%1 year return −9.8%
- BIHFiShares U.S. Healthcare Providers ETFExpense ratio 0.37%1 year return +16.5%
- CFMEDFidelity Disruptive Medicine ETFExpense ratio 0.50%1 year return +21.9%
- CPTHInvesco Dorsey Wright Healthcare Momentum ETFExpense ratio 0.74%1 year return +34.6%
- CMHIPMilliman Healthcare Inflation Plus ETFExpense ratio 0.55%1 year return —