Simplify China A Shares PLUS Income ETF (CAS) Performance
CAS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.7% since Dec 31, 2025
- 1 year
- +2.4% total return
- Since first price
- +45.2% since 2025
CAS trailing returns vs SPY, QQQ, AGG
| Period | CAS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −12.2% | −15.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.4% | −14.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −12.0% | −19.6% | +7.8% | +8.4% | −1.5% |
| YTD | −3.7% | −13.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.4% | −10.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 14, 2025 | +45.2% | +23.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CAS vs SPY
From Jan 14, 2025: CAS grew to $14,524, SPY to $13,310.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CAS returns by calendar year
2026 is year to date.
CAS annual returns table
| Year | CAS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.7% | −20.8% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CAS largest drawdowns
Now 19.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 30, 2026 | −20.8% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Mar 14, 2025 | −20.7% | Apr 8, 2025 | May 2, 2025 | 25 days | 49 days |
| Feb 25, 2026 | −11.3% | Mar 23, 2026 | Apr 30, 2026 | 26 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
CAS risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +29.5% |
| Volatility (annualized) | 22.9% |
| Sharpe ratio | 1.09 |
| Sortino ratio | 1.74 |
| Best month | +13.9% |
| Worst month | −14.3% |
| Best 12 months | +58.9% |
| Worst 12 months | +9.1% |
| Positive months | 75% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CAS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | −0.6% | +48.5% | +58.9% | 90% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
CAS performance overview
Simplify China A Shares PLUS Income ETF (CAS) returned +2.4% over the past year, with distributions reinvested. Since its first recorded price on Jan 14, 2025 it has returned +45.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −20.8%, from Jun 30, 2026 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 22.9% a year.
Related: CAS chart, CAS dividends. See the CAS overview for the latest quote and fund facts.
CAS performance FAQ
What is the CAS return over the past year?
CAS returned +2.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.8%.
How much would $10,000 invested in CAS be worth?
$10,000 invested in CAS at its first recorded close on January 14, 2025 would be worth about $14,524 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CAS?
The largest peak-to-trough decline was −20.8% between June 30, 2026 and October 22, 2026. It has not yet recovered to that high; it is 19.7% below its peak.
How volatile is CAS?
Over the past history CAS had an annualized volatility of 22.9% and a Sharpe ratio of 1.09 (excess return over 1–3 month T-bills per unit of risk).