DINE bid-ask spread and liquidity

Simplify Tax Aware Diversified Income Strategy ETF
IncomeSimplify$3m net assets0.15% fee
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IQ Liquidity Score

1 of 6 measured · Sep 23, 2026
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Closing
0 · Hard to trade100 · Trades like a giant

The IQ Liquidity Score: a fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund trades, not whether to own it. Method →

Closing: its last trading day is Oct 30, 2026, so it carries no tier.

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Ask IQ about DINE bid-ask spread and liquidity

Answers cite the figures on this page.

One dealerClosing
Cost to trade
Not measured · the issuer's 30-day median spread is not read for this fund
·
Capacity
Not measured · its book carries no long weight outside cash
·
Price fidelity
Not measured · no closing premium is held for this fund
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Primary market
1 active dealer of 16; largest 100% of creations and redemptions, N-CEN to Jun 30, 2026
25.0
Bad-day behaviour
Not measured · no daily closing premium is held for this fund
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Depth
Not measured · needs trade and quote data (Phase 2)
·

Capacity

What the holdings can absorb a day

Not measured: its book carries no long weight outside cash.

Dealers

Authorized participants · N-CEN, the year to Jun 30, 2026
Active dealers
1
of 16 authorized
Largest
100%
of creations and redemptions
One dealer
Yes
1 active

1 of 16 authorized participants created or redeemed DINE shares in the year to Jun 30, 2026. From the fund’s Form N-CEN, filed Sep 23, 2026.

The active authorized participants, largest first, by share of the dollars created and redeemed: Jane Street Capital, LLC (100.0%). 15 more were listed and created or redeemed nothing.

How to trade DINE

To buy or to sell, up to $100,000
When
ETF spreads are usually widest in the first minutes after the open and the last before the close.
Phase 2 · drawn now, filled when trade data arrives
Spread through the dayComing with trade data

Median spread by half hour, 30 days.

Buyers against sellersComing with trade data

Share of volume at the ask against at the bid.

Retail flow, estimatedComing with trade data

Sub-penny prints as a share of volume.

Large tradesComing with trade data

Prints above $500k, count and share.

Closing auctionComing with trade data

Share of the day’s volume at the close.

Questions people ask

Who is the AP for DINE?

DINE’s latest Form N-CEN, for the period ending Jun 30, 2026, lists 16 authorized participants (APs), and 1 created or redeemed shares. The only active AP was Jane Street Capital, LLC.

Who is the LMM for DINE?

DINE’s lead market maker (LMM) on Nasdaq is Jane Street Capital, LLC. Lead market maker per Nasdaq, as of Oct 23, 2026.
Sources and dates
DealersForm N-CEN · the year to Jun 30, 2026
Cite this pageCitation, APA and Markdown

ETFIQ, DINE trading: cost, capacity, premium and dealers, data as of Sep 23, 2026. https://etfiq.com/funds/dine/trading/

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The score measures trading conditions, not the fund. ETFIQ makes no recommendations.