SPD

Stock

Simplify US Equity PLUS Downside Convexity ETF

Near all-time high

Nothing to see here.

Simplify US Equity PLUS Downside Convexity ETF is 1.1% off its high — within touching distance of its all-time high. Go live your life, we're watching.

Price $41.69 · as of Jul 9, 2026All-time high $42.16Drawdown -1.1%Severity Score™ 0.3
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Typical

Current Drawdown

-1.1%

Days in Drawdown

24

Avg Max Drawdown

2.4%

Avg Length

30

Drawdown Severity Score™

0.3

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 2026-07-09, the stock price is $41.69, just 1.1% below its all-time high of $42.16.

Based on its full tracked price history, Simplify US Equity PLUS Downside Convexity ETF typically experiences drawdowns averaging 2.4% in depth, with an average duration of 30 days. Simplify US Equity PLUS Downside Convexity ETF has gone through 65 total drawdown events in its tracked history. The largest drawdown on record for Simplify US Equity PLUS Downside Convexity ETF was 27.4%, beginning in 2021. The longest drawdown duration on record was 897 days.

The Drawdown Severity Score™ for Simplify US Equity PLUS Downside Convexity ETF currently stands at 0.26. 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 is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 65 tracked pullbacks (53 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-06-15Ongoing24 days-1.1%$42.16$41.69n/a
2026-06-022026-06-1514 days-4.1%$42.13$40.42$42.16
2026-05-152026-05-2814 days-2.2%$41.54$40.62$41.80
2026-05-122026-05-132 days-0.3%$40.99$40.87$41.25
2025-10-292026-05-08192 days-12.3%$40.73$35.72$40.83
2025-10-092025-10-2416 days-3.0%$39.70$38.52$39.81
2025-10-072025-10-082 days-0.7%$39.70$39.44$39.70
2025-10-032025-10-064 days-0.1%$39.63$39.60$39.70
2025-09-232025-10-019 days-2.0%$39.57$38.76$39.61
2025-09-122025-09-198 days-0.5%$39.11$38.89$39.32
2025-07-072025-09-1167 days-4.5%$38.75$37.02$39.11
2025-07-012025-07-022 days-0.9%$37.82$37.48$37.93
2025-05-202025-06-2739 days-3.5%$37.15$35.83$37.36
2025-05-142025-05-163 days-0.3%$36.78$36.67$37.11
2025-05-052025-05-128 days-2.1%$35.32$34.59$36.21
2024-12-122025-05-02141 days-15.2%$34.75$29.47$35.32
2024-12-092024-12-113 days-0.9%$34.72$34.41$34.75
2024-12-052024-12-062 days-0.4%$34.72$34.58$34.72
2024-12-032024-12-042 days-0.0%$34.49$34.47$34.72
2024-11-272024-11-293 days-0.4%$34.28$34.16$34.39
2024-11-122024-11-2615 days-2.5%$34.23$33.38$34.28
2024-10-152024-11-0623 days-2.4%$33.48$32.67$33.84
2024-10-102024-10-112 days-0.2%$33.12$33.06$33.28
2024-10-012024-10-099 days-1.2%$33.03$32.64$33.12
2024-07-172024-09-3076 days-7.0%$32.97$30.66$33.03
2024-07-112024-07-155 days-0.6%$32.78$32.58$32.86
2024-06-202024-07-0213 days-0.9%$32.08$31.80$32.13
2021-12-282024-06-12897 days-27.4%$31.55$22.91$31.73
2021-12-132021-12-2311 days-2.7%$30.98$30.15$31.04
2021-11-092021-12-1032 days-4.5%$30.93$29.55$30.98
2021-10-292021-11-014 days-0.5%$30.14$29.99$30.38
2021-08-312021-10-2859 days-5.6%$30.08$28.40$30.14
2021-08-262021-08-272 days-0.6%$29.79$29.61$29.84
2021-08-172021-08-237 days-1.6%$29.63$29.15$29.65
2021-08-092021-08-102 days-0.1%$29.36$29.34$29.36
2021-07-302021-08-035 days-0.7%$29.27$29.07$29.29
2021-07-272021-07-293 days-0.4%$29.21$29.10$29.27
2021-07-132021-07-2311 days-2.8%$29.01$28.19$29.14
2021-07-082021-07-092 days-0.8%$28.85$28.62$28.92
2021-07-022021-07-076 days-0.3%$28.84$28.75$28.85
2021-06-012021-06-3030 days-2.8%$28.42$27.63$28.46
2021-05-102021-05-2819 days-3.6%$28.03$27.01$28.42
2021-04-302021-05-078 days-1.2%$27.90$27.55$28.03
2021-04-282021-04-292 days-0.1%$27.76$27.73$27.90
2021-04-192021-04-268 days-1.2%$27.72$27.39$27.75
2021-04-142021-04-152 days-0.2%$27.39$27.35$27.63
2021-04-062021-04-072 days-0.1%$27.01$26.97$27.03
2021-03-182021-04-0115 days-2.0%$26.48$25.94$26.63
2021-03-162021-03-172 days-0.1%$26.45$26.42$26.48
2021-02-162021-03-1527 days-4.2%$26.30$25.20$26.45
2021-02-102021-02-112 days-0.1%$26.16$26.12$26.20
2021-01-262021-02-0410 days-3.2%$25.84$25.02$25.85
2020-10-132020-11-0928 days-7.2%$23.77$22.05$23.88
2020-09-082020-10-0831 days-5.4%$23.13$21.87$23.18

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).

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Or explore current drawdowns:

Simplify US Equity PLUS Downside Convexity ETF (SPD) is trading at $41.69 as of Jul 9, 2026. It is 1.1% below its high of $42.16. The drawdown has lasted 24 days. Severity score: 0.3 (Typical).

SPD Price History and Drawdown Data

Latest price

$41.69

High-water mark

$42.16

Current drawdown

-1.1%

Days in drawdown

24

This SPD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Simplify US Equity PLUS Downside Convexity ETF drawdowns.

What History Says About SPD

Simplify US Equity PLUS Downside Convexity ETF has dropped 5%+ from its high 7 times in its tracked history. These events lasted an average of 203 days with an average max drop of -11.4%.

The current drawdown of -1.1% has lasted 24 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Dec 2021 to Jun 2024-27.4%897 days
Dec 2024 to May 2025-15.2%141 days
Oct 2025 to May 2026-12.3%192 days
Oct 2020 to Nov 2020-7.2%28 days
Jul 2024 to Sep 2024-7.0%76 days
Aug 2021 to Oct 2021-5.6%59 days

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