Simplify Commodities Strategy No K-1 ETF (HARD)

Assets	$59.71M
Expense Ratio	0.78%
PE Ratio	n/a
Shares Out	1.98M
Dividend (ttm)	$0.97
Dividend Yield	3.19%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	141
Open	30.38
Previous Close	30.43
Day's Range	30.38 - 30.57
52-Week Low	27.31
52-Week High	33.65
Beta	-0.06
Holdings	100
Inception Date	Mar 27, 2023

About HARD

Fund Home Page

The Simplify Commodities Strategy No K-1 ETF (HARD) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed ETF that targets futures contracts on hard commodities, making use of long/short models, anticipated to perform positivelyduring inflationary periods. HARD was launched on Mar 27, 2023 and is issued by Simplify.

• Asset Class: Commodity
• Category: Commodities Broad Basket
• Stock Exchange: NYSEARCA
• Ticker Symbol: HARD
• ETF Provider: Simplify

Top 10 Holdings

141.05% of assets

Name	Symbol	Weight
Simplify Government Money Market ETF	SBIL	74.56%
CATTLE FEEDER FUT Mar26	FCH6.Comdty	10.37%
GOLD 100 OZ FUTR Apr26	GCJ6.Comdty	9.09%
B 3/3/26 Govt	B.0 03.03.26	8.31%
B 3/31/26 Govt	B.0 03.31.26	8.29%
LIVE CATTLE FUTR Apr26	LCJ6.Comdty	7.84%
COPPER FUTURE Mar26	HGH6.Comdty	6.41%
LIVE CATTLE FUTR Feb26	LCG6.Comdty	5.93%
SILVER FUTURE Mar26	SIH6.Comdty	5.30%
B 04/21/26 Govt	B.0 04.21.26	4.96%

Dividends

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.300	Dec 31, 2025
Sep 25, 2025	$0.300	Sep 30, 2025
Jun 25, 2025	$0.250	Jun 30, 2025
Mar 26, 2025	$0.120	Mar 31, 2025
Dec 23, 2024	$0.3484	Dec 31, 2024
Sep 25, 2024	$0.300	Sep 30, 2024

Performance

HARD had a total return of 17.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.77%.