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

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.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BlackRock Introduces TIPS ETF Suite to iShares iBonds Lineup

BlackRock, a global investment management corporation, has expanded its iShares iBonds ETF offerings with the introduction of the...

Grayscale Takes a Bold Step with Ethereum Futures ETF Filing

Grayscale Investments, a leading crypto asset management firm, has submitted a filing for a new ETF focused on...

SEC Under Scrutiny Over U.S. Spot Bitcoin ETFs Decision

The U.S. Securities and Exchange Commission (SEC) faces criticism from a U.S. appeals court over its decision-making process...

Grayscale Continues Efforts To Launch Ethereum ETF

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), is making significant strides by applying for an...