Simplify Commodities Strategy No K-1 ETF (HARD)

Assets	$58.89M
Expense Ratio	0.78%
PE Ratio	n/a
Shares Out	1.98M
Dividend (ttm)	$0.97
Dividend Yield	3.21%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	6,956
Open	30.24
Previous Close	29.72
Day's Range	30.15 - 30.34
52-Week Low	26.47
52-Week High	33.65
Beta	-0.06
Holdings	96
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

137.41% of assets

Name	Symbol	Weight
Simplify Government Money Market ETF	SBIL	76.06%
GOLD 100 OZ FUTR Feb26	GCG6.Comdty	10.34%
B 3/3/26 Govt	XIB.0 03.03.26	8.48%
B 3/31/26 Govt	B.0 03.31.26	8.46%
COPPER FUTURE Mar26	HGH6.Comdty	6.79%
LIVE CATTLE FUTR Feb26	LCG6.Comdty	6.60%
CATTLE FEEDER FUT Mar26	FCH6.Comdty	6.02%
B 04/21/26 Govt	B.0 04.21.26	5.06%
SUGAR #11 (WORLD) Mar26	SBH6.Comdty	4.94%
LIVE CATTLE FUTR Apr26	LCJ6.Comdty	4.67%

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 17.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.58%.