About Simplify High Yield PLUS Credit Hedge ETF (CDX)

The Simplify High Yield PLUS Credit Hedge ETF, CDX is an exchange-traded fund that aims to provide investors with exposure to high yield credit markets. The fund seeks to track the performance of the CDX High Yield Credit Index, which consists of a diversified basket of credit default swaps (CDS) on high yield corporate bonds. This strategy allows investors to gain exposure to high yield credit markets without directly owning the underlying bonds.

The CDX ETF has a unique investment approach that seeks to generate attractive risk-adjusted returns by actively managing the credit exposure of the portfolio. The fund's objective is to outperform the broader high yield credit market while maintaining a targeted level of risk. The portfolio managers employ a combination of fundamental research, quantitative analysis, and market timing to identify opportunities in the credit markets.