Skip to content
etf.net

Launched

Simplify Barrier Income ETF

SBARNYSE ArcaSimplifyC

$24.90−0.02 (−0.08%)

At close: Nov 2, 2026, 4:00 PM ET

C43/ 100

Rank 15 of 24 in Other Index Option Income

C43/100Rank 15 of 24inOther Index Option Income
Intraday session: down, 79 prints from 24.92 to 24.90. Range 24.83 to 25.06. Use the arrow keys to read each point.24.8525.0025.0510 AM12 PM2 PM4 PM
Expense ratio
0.77%*
Fund size
$440M
1Y total return
+7.2%
Yield · Last 12 months
12.40%
Holdings
8
Avg volume · 30D
121K sh
52W range
low $24.26high $26.78
Launched

*After a fee waiver that ends Oct 31, 2027. Without it: 0.87%.

The ETF.net SBAR Grade

Based on 5 of 6 pillars

C

Score 43 out of 100

Category
Other Index Option Income⁠
Rank
15 of 24
Six-pillar profile for SBAR. Scores out of 100: Cost 24, Risk 58, Mission not scored, Tradability 61, Holdings 37, Durability 73. Strongest: Durability (73). Weakest: Cost (24). Based on 5 of 6 pillars.

Score 43 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.
    F24 out of 100
    Rank 18 of 24

  • 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.
    B58 out of 100
    Rank 12 of 24

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B61 out of 100
    Rank 8 of 24

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D37 out of 100
    Rank 13 of 16

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 7 of 24

Our read on SBAR

ETF.net Research

In short

CWall Street sells worst-of barrier notes to private clients. SBAR puts that trade in a ticker: it sells put options struck 30% below, measured on the weakest of three US equity baskets, and pays the premiums out monthly.

Stated mandate

The fund seeks monthly income. Its adviser combines interest income with income-generating option spreads, primarily using a worst-of-three barrier put spread and adjusting other put-spread allocations as market conditions dictate.

Why people hold it

  • The risk line is drawn in advance: a 30% barrier measured on the worst performer of three baskets (US large cap, small cap, growth). You know where the trapdoor sits before you buy.simplify.ussimplify.us 2
  • No bank paper involved. Structured notes lean on the issuer staying solvent and often land a K-1 in your mailbox; this is a 1940 Act ETF that trades all day and skips both.simplify.us
  • Options roll automatically, so there is no outcome period to track and no entry window to miss. Two income engines feed the monthly payout: option premiums plus interest on the collateral.simplify.us

Worth knowing

  • You are paid in premiums, not participation. When the reference baskets rally hard, the payoff is still the income stream, not the rally.simplify.us
  • Worst-of means the weakest basket sets the risk, and small caps and growth swing hardest. Downside shows up only if that laggard closes below the barrier at expiration.simplify.ussimplify.us 2
  • Launched in 2025, so the history is thin, and the fee sits around the middle of the options-income pack rather than below it.

SBAR Holdings

Holdings pillarD37 out of 100Rank 13 of 16 in Other Index Option Income
Asset class
Stocks
Holdings
8
Top-10 weight
104%
Largest holding
SBIL89.1%

Sectors

  • Financials100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1SBILSimplify E Govt Money Mkt Etf89.13%3,918,708$392M18
2No dataB 12/31/26 Govt6.63%29,370,000$29.2M34
3No dataB 3/11/27 Govt4.15%18,530,000$18.3M27
4No dataB 12/3/26 Govt2.82%12,460,000$12.4M36
5No dataB 1/28/27 Govt0.97%4,300,000$4.26M32
6No dataSPXW US 12/18/26 P6250 Index0.17%419$767K1
7No dataCash0.12%547,341$547K104
8No dataSPXW US 11/20/26 P6100 Index0.05%421$208K1

Showing 1–8 of 8 holdings

SBAR Performance

Launched Apr 14, 2025

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.
SBAR$10,724
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SBAR $10,724. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 SBAR. Periods over one year show the average yearly return.
PeriodSBAR
Year to date+5.2%
1 month−0.7%
3 months+1.5%
1 year+7.2%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 SBAR
YearReturn barSBAR
2026 YTD+5.2%
2025+13.8%

History from Apr 15, 2025

SBAR in the news

SBAR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
12.40%Last 12 months
Payout per share
$3.09Last 12 months
Last payment
$0.25 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 18 payments from 2025 to 2026 YTD. May 27, 2025 $0.28; Jun 25, 2025 $0.28; Jul 28, 2025 $0.28; Aug 26, 2025 $0.28; Sep 25, 2025 $0.28; Oct 28, 2025 $0.28; Nov 21, 2025 $0.28; Dec 23, 2025 $0.28; Jan 27, 2026 $0.28; Feb 24, 2026 $0.25; Mar 26, 2026 $0.25; Apr 27, 2026 $0.25; May 26, 2026 $0.25; Jun 25, 2026 $0.25; Jul 28, 2026 $0.25; Aug 26, 2026 $0.25; Sep 25, 2026 $0.25; Oct 27, 2026 $0.25. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 27, 2026Oct 30, 2026$0.25
Sep 25, 2026Sep 30, 2026$0.25
Aug 26, 2026Aug 31, 2026$0.25
Jul 28, 2026Jul 31, 2026$0.25
Jun 25, 2026Jun 30, 2026$0.25
May 26, 2026May 29, 2026$0.25
Apr 27, 2026Apr 30, 2026$0.25
Mar 26, 2026Mar 31, 2026$0.25
Feb 24, 2026Feb 27, 2026$0.25
Jan 27, 2026Jan 30, 2026$0.28
Dec 23, 2025Dec 31, 2025$0.28
Nov 21, 2025Nov 28, 2025$0.28

See all 18 payments⁠

$10,000 in SBAR 1 year ago paid $1,178 in dividends.⁠

SBAR Risk

Risk pillarB58 out of 100Rank 12 of 24 in Other Index Option Income
How much the fund’s monthly returns vary, scaled to a year.
6.4%
Annualised · 18 months to Oct 2026
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.
1.10
vs 3-month T-bills · 18 months to Oct 2026
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.
−5.3%
18 months · trough Mar 2026
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.
0.40
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.

FMP measures it over up to five years of monthly returns.

SBAR Cost

Compare SBAR and EDGX

Overpaying vs EDGX, cheapest in Other Index Option Income

$14,829

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SBAR 0.77%

    $14,829

  • EDGX 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • SBAR 0.77%
  • EDGX 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SBAR $14,829EDGX $0

Year by year

YearSBAREDGXOverpaying
10$1,371$0$1,371
20$5,205$0$5,205
30$14,829$0$14,829
How the 0.77% is worked out

Full fee 0.87%− waiver 0.10%= you pay 0.77%

The waiver ends Oct 31, 2027. After that the fee is 0.87% unless Simplify renews it. Source: prospectus, Oct 2026.

Other funds in Other Index Option Income

See others