Simplify Volatility Premium ETF
Simplify Volatility Premium ETF (AMEX: SVOL) is an exchange-traded fund listed on NYSE Arca, trading at $16.57 (about ₹1,589 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.66% and holds 31 securities. Indian residents can buy SVOL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$16.36
Today's high
$16.63
52 week low
$15.06
52 week high
$18.37
SVOL opened at $16.54, closed previously at $16.82, and has traded between $15.06 and $18.37 over the past 52 weeks.
About
SVOL seeks to provide the daily investment results of -0.2x to -0.3x of the performance of the S&P 500 VIX short-term futures index. The fund primarily purchases or sells futures contracts, call options, and put options on the VIX futures to pursue its investment objective. Through its short exposure and erosion of time value, the fund looks to provide a source of monthly income. The fund also uses VIX call options as a hedge against adverse moves in VIX. The funds exposure is reset daily. Due to the nature of compounding, investors who hold shares of SVOL longer than a day, may experience performance returns that are different than the index. This performance difference can be significant during times of increased volatility. The fund invests through a subsidiary, which avoids K-1 tax reporting and credit risk investors face with other products in this space.
Key statistics
Expense ratio
0.66%
Assets (AUM)
$517.7M
Holdings
31
NAV
$16.53
Avg. volume
—
1-year price change
-7.89%
5-year price change
-39.68%
Price change excludes dividends.
Top 10 holdings
SVOL holds 31 securities in total. These 10 are 114.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy SVOL from India
Indian residents can buy SVOL units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SVOL and buy
Find the fund by its ticker, SVOL, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SVOL from India
Trading and taxes when buying SVOL from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SVOL price today?
Simplify Volatility Premium ETF (SVOL) last traded at $16.57 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹1,589 a unit at the 26 Sep 2026 USD/INR rate.
When does SVOL trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SVOL, and what does it cost to hold?
Simplify Volatility Premium ETF manages about $517.7M. Its expense ratio is 0.66% a year, deducted inside the fund. It launched in 2021.
What are SVOL's largest holdings?
The top three are B 11/17/26 Govt (20.8%), B 11/24/26 Govt (16.7%) and SIMPLIFY E MULTI-QIS ALTERNATIVE ET (11.7%). SVOL's 10 largest positions make up 114.0% of the fund.
Does SVOL pay dividends?
Yes. SVOL is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on SVOL taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SVOL?
Yes. You can buy SVOL by amount rather than by whole unit, and there is no minimum trade size.
How has SVOL performed?
SVOL's price is down 7.9% over the past year and down 39.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.