# Simplify Target 15 Distribution ETF (XV) — Overview

XV · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/xv

## Price

Last close $23.99 on Oct 15, 2026. 52-week range $23.40 – $27.21.

## Fund profile

XV seeks to provide monthly distributions at an aspirational 15% annualized rate and a flexible hedge. The fund pursues its objective by using US government securities and employing an income generating option spread writing strategy.

| Metric | Value |
| --- | --- |
| Issuer | Simplify Asset Management Inc. |
| Industry | — |
| Inception | Apr 14, 2025 |
| Assets under management | $103.9M |
| Expense ratio | 0.75% |
| Net asset value | $23.88 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Simplify Target 15 Distribution ETF (XV)?

XV seeks to provide monthly distributions at an aspirational 15% annualized rate and a flexible hedge. The fund pursues its objective by using US government securities and employing an income generating option spread writing strategy.

### What is XV's expense ratio?

Simplify Target 15 Distribution ETF charges an annual expense ratio of 0.75%. The fund is issued by Simplify Asset Management Inc..

### How large is XV?

Simplify Target 15 Distribution ETF manages $103.9M in assets and has traded since Apr 14, 2025.

### How do I buy shares of Simplify Target 15 Distribution ETF (XV)?

XV trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).