SPD
StockSimplify US Equity PLUS Downside Convexity ETF
Price
$38.70
as of Feb 23, 2026
All Time High: $40.73
Slightly Elevated
Current Drawdown
-5.0%
Days in Drawdown
107
Avg Max Drawdown
2.3%
Avg Length
29
Drawdown Severity Score™
1.5
SPD - Price & High Water Mark
SPD - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Simplify US Equity PLUS Downside Convexity ETF (SPD) Analysis: Current Drawdown Insights
Simplify US Equity PLUS Downside Convexity ETF is trading slightly below its recent peak. As of 2026-02-23, the stock price is $38.70, just 5.0% below its all-time high of $40.73.
Based on comprehensive historical analysis spanning 5 years, Simplify US Equity PLUS Downside Convexity ETF typically experiences drawdowns averaging 2.3% in depth, with an average duration of 29 days. Simplify US Equity PLUS Downside Convexity ETF has gone through 61 total drawdown events in the last 5 years. The largest drawdown for Simplify US Equity PLUS Downside Convexity ETF in the last 5 years was 27.4%. The longest drawdown duration in its history was 897 days.
The Drawdown Severity Score™ for Simplify US Equity PLUS Downside Convexity ETF currently stands at 1.48. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range—a routine pullback.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Simplify US Equity PLUS Downside Convexity ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 61 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2025-11-08 | Ongoing | 107 days | -5.0% | $40.73 | $38.70 | — |
| 2025-10-09 | 2025-10-24 | 16 days | -3.0% | $39.70 | $38.52 | $39.81 |
| 2025-10-07 | 2025-10-08 | 2 days | -0.7% | $39.70 | $39.44 | $39.70 |
| 2025-10-03 | 2025-10-06 | 4 days | -0.1% | $39.63 | $39.60 | $39.70 |
| 2025-09-23 | 2025-10-01 | 9 days | -2.0% | $39.57 | $38.76 | $39.61 |
| 2025-09-12 | 2025-09-19 | 8 days | -0.5% | $39.11 | $38.89 | $39.32 |
| 2025-07-07 | 2025-09-11 | 67 days | -4.5% | $38.75 | $37.02 | $39.11 |
| 2025-07-01 | 2025-07-02 | 2 days | -0.9% | $37.82 | $37.48 | $37.93 |
| 2025-05-20 | 2025-06-27 | 39 days | -3.5% | $37.15 | $35.83 | $37.36 |
| 2025-05-14 | 2025-05-16 | 3 days | -0.3% | $36.78 | $36.67 | $37.11 |
| 2025-05-05 | 2025-05-12 | 8 days | -2.1% | $35.32 | $34.59 | $36.21 |
| 2024-12-12 | 2025-05-02 | 141 days | -15.2% | $34.75 | $29.47 | $35.32 |
| 2024-12-09 | 2024-12-11 | 3 days | -0.9% | $34.72 | $34.41 | $34.75 |
| 2024-12-05 | 2024-12-06 | 2 days | -0.4% | $34.72 | $34.58 | $34.72 |
| 2024-12-03 | 2024-12-04 | 2 days | -0.0% | $34.49 | $34.47 | $34.72 |
| 2024-11-27 | 2024-11-29 | 3 days | -0.4% | $34.28 | $34.16 | $34.39 |
| 2024-11-12 | 2024-11-26 | 15 days | -2.5% | $34.23 | $33.38 | $34.28 |
| 2024-10-15 | 2024-11-06 | 23 days | -2.4% | $33.48 | $32.67 | $33.84 |
| 2024-10-10 | 2024-10-11 | 2 days | -0.2% | $33.12 | $33.06 | $33.28 |
| 2024-10-01 | 2024-10-09 | 9 days | -1.2% | $33.03 | $32.64 | $33.12 |
| 2024-07-17 | 2024-09-30 | 76 days | -7.0% | $32.97 | $30.66 | $33.03 |
| 2024-07-11 | 2024-07-15 | 5 days | -0.6% | $32.78 | $32.58 | $32.86 |
| 2024-06-20 | 2024-07-02 | 13 days | -0.9% | $32.08 | $31.80 | $32.13 |
| 2021-12-28 | 2024-06-12 | 897 days | -27.4% | $31.55 | $22.91 | $31.73 |
| 2021-12-13 | 2021-12-23 | 11 days | -2.7% | $30.98 | $30.15 | $31.04 |
| 2021-11-09 | 2021-12-10 | 32 days | -4.5% | $30.93 | $29.55 | $30.98 |
| 2021-10-29 | 2021-11-01 | 4 days | -0.5% | $30.14 | $29.99 | $30.38 |
| 2021-08-31 | 2021-10-28 | 59 days | -5.6% | $30.08 | $28.40 | $30.14 |
| 2021-08-26 | 2021-08-27 | 2 days | -0.6% | $29.79 | $29.61 | $29.84 |
| 2021-08-17 | 2021-08-23 | 7 days | -1.6% | $29.63 | $29.15 | $29.65 |
| 2021-08-09 | 2021-08-10 | 2 days | -0.1% | $29.36 | $29.34 | $29.36 |
| 2021-07-30 | 2021-08-03 | 5 days | -0.7% | $29.27 | $29.07 | $29.29 |
| 2021-07-27 | 2021-07-29 | 3 days | -0.4% | $29.21 | $29.10 | $29.27 |
| 2021-07-13 | 2021-07-23 | 11 days | -2.8% | $29.01 | $28.19 | $29.14 |
| 2021-07-08 | 2021-07-09 | 2 days | -0.8% | $28.85 | $28.62 | $28.92 |
| 2021-07-02 | 2021-07-07 | 6 days | -0.3% | $28.84 | $28.75 | $28.85 |
| 2021-06-01 | 2021-06-30 | 30 days | -2.8% | $28.42 | $27.63 | $28.46 |
| 2021-05-10 | 2021-05-28 | 19 days | -3.6% | $28.03 | $27.01 | $28.42 |
| 2021-04-30 | 2021-05-07 | 8 days | -1.2% | $27.90 | $27.55 | $28.03 |
| 2021-04-28 | 2021-04-29 | 2 days | -0.1% | $27.76 | $27.73 | $27.90 |
| 2021-04-19 | 2021-04-26 | 8 days | -1.2% | $27.72 | $27.39 | $27.75 |
| 2021-04-14 | 2021-04-15 | 2 days | -0.2% | $27.39 | $27.35 | $27.63 |
| 2021-04-06 | 2021-04-07 | 2 days | -0.1% | $27.01 | $26.97 | $27.03 |
| 2021-03-18 | 2021-04-01 | 15 days | -2.0% | $26.48 | $25.94 | $26.63 |
| 2021-03-16 | 2021-03-17 | 2 days | -0.1% | $26.45 | $26.42 | $26.48 |
| 2021-02-16 | 2021-03-15 | 27 days | -4.2% | $26.30 | $25.20 | $26.45 |
| 2021-02-10 | 2021-02-11 | 2 days | -0.1% | $26.16 | $26.12 | $26.20 |
| 2021-01-26 | 2021-02-04 | 10 days | -3.2% | $25.84 | $25.02 | $25.85 |
| 2021-01-21 | 2021-01-25 | 5 days | -0.4% | $25.84 | $25.75 | $25.84 |
| 2021-01-11 | 2021-01-20 | 10 days | -1.4% | $25.59 | $25.24 | $25.84 |
| 2021-01-04 | 2021-01-07 | 4 days | -1.4% | $25.15 | $24.81 | $25.49 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Don't Miss the Next Rare Buying Opportunity
See 9 real alerts from the past 5 years with actual returns
Average gain: +979% • Real alerts • Real results
Or explore current opportunities: