SURI ETF — Holdings & Analysis
The Simplify Propel Opportunities ETF (SURI) is an actively managed equity ETF with $0.07 billion in assets under management. Launched in 2023, SURI focuses on biotech, pharma, health care technology, and life science companies identified as overlooked opportunities.
A key differentiator is its sub-adviser, Propel, which uses scientific and commercial expertise to select investments. However, investors should note SURI's high expense ratio of 2.82%.
Simplify Propel Opportunities ETF (SURI) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
What does SURI hold?
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Healthcare | 59.5% |
| Energy | 40.5% |
| Country | Weight |
|---|---|
| Other | 4.1% |
| United States | 78.1% |
| Denmark | 0.8% |
| Netherlands | 0.7% |
| Switzerland | 2.5% |
| Canada | 10.2% |
| France | 2.0% |
| China | 0.2% |
| United Kingdom | 1.4% |
Dividend Yield
- Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
- State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
- iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
- iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
- Simplify Currency Strategy ETF (FOXY) (Alternatives) — 0.81% expense ratio
- Simplify Bitcoin Strategy PLUS Income ETF (MAXI) (Alternatives) — 1.00% expense ratio
- Simplify Health Care ETF (PINK) (Equity) — 0.51% expense ratio
- Simplify Aggregate Bond ETF (AGGH) (Fixed Income) — 0.55% expense ratio
- Simplify DBi CTA Managed Futures Index ETF (SDMF) (Alternatives) — 0.35% expense ratio
- Simplify Government Money Market ETF (SBIL) (Fixed Income) — 0.15% expense ratio
Risk Metrics
- Beta: 1.29
Questions & Answers
What is SURI and what does it track?
The Simplify Propel Opportunities ETF (SURI) is an actively managed equity ETF that aims to provide long-term capital growth by investing in biotech, pharma, health care technology, and life science companies.
The fund seeks to identify companies that are believed to be overlooked by investors, presenting significant opportunities for capital appreciation.
What is the expense ratio for SURI?
The expense ratio for the Simplify Propel Opportunities ETF (SURI) is 2.82%. This means that for every $10,000 invested in the fund, investors will pay $282 in annual fees to cover the fund's operating expenses.
This expense ratio is significantly higher than the category average for equity ETFs, which is approximately 0.44%.
What are the top holdings in SURI?
As of 2026-03-15, the top holdings in the Simplify Propel Opportunities ETF (SURI) are: Plains GP Holdings LP Class A (PAGP) at 36.76%, Achieve Life Sciences Inc at 6.92%, Phathom Pharmaceuticals Inc Ordinary shares at 4.93%, Milestone Pharmaceuticals Inc at…
3.30%, and Abeona Therapeutics Inc at 3.28%.
Is SURI a good long-term investment?
Whether SURI is a suitable long-term investment depends on an individual investor's risk tolerance, investment goals, and time horizon. SURI offers exposure to biotech, pharma, health care technology, and life science companies, potentially providing growth opportunities.
However, the fund's high expense ratio of 2.82% can negatively impact long-term returns.
How does SURI compare to similar ETFs?
SURI differentiates itself from similar ETFs through its active management and focus on overlooked opportunities within the health sciences sector. Its expense ratio of 2.82% is considerably higher than many passively managed healthcare ETFs.
With AUM of $0.07 billion, SURI is relatively small compared to established healthcare ETFs.
Does SURI pay dividends?
As of 2026-03-15, the Simplify Propel Opportunities ETF (SURI) has a dividend yield of 0.00%. This indicates that the fund does not currently distribute any dividends to its shareholders.
Investors seeking income-generating investments may want to consider other ETFs with a history of dividend payments. However, it is important to note that dividend yields can fluctuate over time and are not guaranteed.