Simplify Files Six “Smart Leverage” ETFs Targeting Long-Term 2x Returns

Simplify has filed for six actively managed “Smart Leverage” ETFs spanning oil, copper, U.S. large caps, the Nasdaq-100, biotech and semiconductors. Each strategy aims to deliver roughly 2x the long-term return of its reference exposure without a daily reset. The funds would primarily use options-based risk reversals—buying calls and writing puts—while also allowing futures, swaps, reverse repos and leveraged ETPs. Resets would generally occur less frequently than monthly, seeking to reduce the compounding drag associated with traditional daily leveraged ETFs.