ETF Evaluator:
Simplify Brookwood Global Macro ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Macro Trading Over the Last Year
| 23.7% | Virtus AlphaSimplex Global Macro ETF (ASGM) |
| 12.9% | Macro Trading () |
| 12.0% | WisdomTree GeoAlpha Opportunities Fund (OPPG) |
| 3.1% | Unlimited HFGM Global Macro ETF (HFGM) |
| 0.0% | Simplify Brookwood Global Macro ETF (GMAC) |
Risk
Index
Risk
Index
ETF Details
Simplify Brookwood Global Macro ETF Overview
Simplify Brookwood Global Macro ETF (GMAC) is an actively managed Alternative Macro Trading exchange-traded fund (ETF). Simplify Asset Management Inc. launched the ETF in 2026.
The investment seeks capital appreciation.
The fund is an actively managed exchange-traded fund. It pursues its investment objective by investing globally across a wide range of asset classes. These broad asset classes are: (i) equities, (ii) debt, (iii) currencies and (iv) commodities. It has no set asset allocation or foreign issuer targets or ranges and takes an opportunistic approach. The fund may take long and short positions in any asset class. The Sub-Adviser employs an actively managed opportunistic strategy that focuses on macroeconomic factors that influence asset class fundamental factors and valuations. It is non-diversified.
About Simplify Brookwood Global Macro ETF (GMAC)
There are 2 members of the management team with an average tenure of 0.07 years: David Berns (2026) and Matthew Coolidge (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 0 primary benchmark: . Simplify Brookwood Global Macro ETF has 71 securities in its portfolio. The top 10 holdings constitute 172.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Simplify Brookwood Global Macro ETF is part of the Alternative Strategies global asset class and is within the Alternative ETF group. Simplify Brookwood Global Macro ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.8% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 50.3% (50.3% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Simplify Brookwood Global Macro ETF has 53.2% of the portfolio in cash.
Assets Under Management
The fund has $58 million in total assets, which is above the $49 million average for the Macro Trading category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GMAC Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Simplify Brookwood Global Macro ETF expense ratio is average compared to funds in the Macro Trading category. Simplify Brookwood Global Macro ETF has an expense ratio of 0.50%, which is 44% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Simplify Brookwood Global Macro ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 50% for the Macro Trading category.
Recently, in the month of October 2026, Simplify Brookwood Global Macro ETF returned 0.0%, which earned it a grade of NA, as the Macro Trading category had an average return of -0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Simplify Brookwood Global Macro ETF has a trailing yield of 0.00%, which is below the 2.57% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Simplify Brookwood Global Macro ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
GMAC Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GMAC Return (NAV) | na | na | na | na | na | na |
| GMAC Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Macro Trading Avg | -0.6% | 1.4% | 12.9% | na | na | na |
| GMAC Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| GMAC Tax-Cost Ratio | na | na | na | na | na | na |
GMAC Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GMAC Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| GMAC Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Macro Trading Avg | 12.2% | na | na | na | na | na | na | na | na | na | na |
| GMAC Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 58 Mil |
| Share Class Assets: | $ 58 Mil |
| Turnover: | na |
| Expense Ratio: | 0.50% |
| Index Fund: | No |
| Index Tracked: | None |
| Index Weighting: | 0% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Berns David (2026), Coolidge Matthew (2026) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 71 |
| % in Top 10 Holdings: | 172.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.8% |
| Domestic Bond: | 50.3% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -4.3% |
| Cash: | 53.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Simplify Asset Management Inc. |
| Phone Number: | 855-772-8488 |
| Website: | |
| Inception Date: | October 5, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.50% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.90% |
