Simplify Asset Management Launches EQLS, a Machine Learning-Powered Market Neutral Equity Long/Short ETF

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Simplify Asset Management has launched the Simplify Market Neutral Equity Long/Short ETF (EQLS) on the NYSE. This ETF utilizes a machine learning stock selection model to create an equity long/short portfolio. EQLS invests in baskets of global equities through total return swaps, which provide the returns of a basket of common stocks. The fund employs a multi-factor quantitative ranking system powered by machine learning to select the companies for these baskets.

Through the total return swaps, EQLS achieves an equity exposure of approximately 200% long on stocks with positive performance factors and 200% short on stocks with negative performance factors. The fund also incorporates a dynamic de-leveraging strategy to mitigate severe drawdowns, setting it apart from other market neutral approaches.


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There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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