# CAS (Simplify China A Shares PLUS Income ETF)

Simplify · Stock ETFs · China region · data as of Nov 12, 2026

CAS returned −17.1% from May 28, 2026 to Nov 12, 2026, charges 0.94% a year and holds $11m in net assets on Nov 11, 2026.

Promise check: Not measured. It names no index it tracks. https://etfiq.com/promise-index/stocks/

CAS is actively managed and returned −17.1% since May 28, 2026, the first day of its prices here.

## Key facts

- CAS, total return, since May 28, 2026: −17.1%, as of Nov 12, 2026.
- CAS, expense ratio: 0.94%, as of Oct 28, 2026.
- CAS, holdings: 1, as of Jun 30, 2026.
- CAS, below its high since May 28, 2026: −20.5%, as of Nov 12, 2026.
- CAS, last payment (paid monthly), ex-date Oct 27, 2026: $1.00, as of Oct 27, 2026.
- CAS, net assets: $11m (issuer page, as of Nov 11, 2026).

## CAS over each window to Nov 12, 2026

| Window | Total return | Benchmark (VOO) | Gap to VOO |
| --- | --- | --- | --- |
| 1 month | −6.4% | −2.7% | −3.7 pts |
| 3 months | −15.2% | −2.4% | −12.8 pts |
| Since May 28, 2026 | −17.1% | +0.9% | −18.0 pts |

## CAS key stats

- 52-week high, daily closes to Nov 12, 2026: $29.12 on Jun 22, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Nov 12, 2026: $19.46 on Oct 30, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $20.32, 9% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Holdings: 1
- Top ten weight: 41.4%

## CAS trading

- Not scored.
- Premium to NAV at the Nov 11 close: +0.81%; 95% of days within ±0.81%.
- The full trading page: https://etfiq.com/funds/cas/trading/

## CAS for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- CAS interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · China region | ETFIQ |
| Region | Emerging markets | ETFIQ |
| Expense ratio | 0.94% | 485BPOS XBRL, Oct 28, 2026 |
| Price | $20.32 | ETFIQ |
| First traded | Jan 13, 2025 | ETFIQ |
| Net assets | $11m | issuer page, as of Nov 11, 2026 |
| Benchmark | S&P 500 Index, measured by VOO, which tracks the same index | ETFIQ, from its filings |
| Benchmark named in | its prospectus, 497, Oct 31, 2025 | ETFIQ |
| Why this benchmark | Its prospectus names no index it tracks. Its daily returns fit VOO at R-squared 0.32 over the year to Nov 12, 2026 (117 days), above the 0.30 floor. | ETFIQ |
| Below its high since May 28, 2026 | −20.5% | ETFIQ |
| Holdings | 1 | ETFIQ |
| Top ten weight | 41.4% | ETFIQ |
| Cash, not in the top ten | 58.6% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 0.0% | ETFIQ |
| Active share vs the S&P 500 | 100.0% | ETFIQ |
| Already in the Nasdaq-100, by weight | 0.0% | ETFIQ |
| Promise check | Not measured. It names no index it tracks. | ETFIQ |

## Money in and out, to Nov 11, 2026

| Window | Dates | Net flow |
| --- | --- | --- |
| 1 day | Nov 11, 2026 | $0 |

Daily counts start Nov 11, 2026, so these windows have no daily data: 1 week, 1 month, 3 months, Year to date, 1 year.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/cas.json>. Method: https://etfiq.com/methodology/flows

## Questions

### What does CAS cost?

The prospectus expense ratio is 0.94% a year.

### What does CAS hold?

1 position as filed for Jun 30, 2026, with the top ten at 41.4% of the fund. 0% of its weight is in stocks the S&P 500 also holds.

### How far is CAS below its high?

20.5% below its high of Jun 30, 2026, measured on the reinvested series to Nov 12, 2026.


## Cite this page

ETFIQ, CAS, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/cas
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/cas  ·  JSON: https://etfiq.com/funds/cas.json