Simplify Commodities Strategy No K-1 ETF (HARD)

Assets	$60.94M
Expense Ratio	0.78%
PE Ratio	n/a
Shares Out	2.00M
Dividend (ttm)	$0.97
Dividend Yield	3.07%
Ex-Dividend Date	Dec 23, 2025
Payout Frequency	Quarterly
Payout Ratio	n/a

Volume	8,837
Open	31.40
Previous Close	31.16
Day's Range	31.40 - 31.49
52-Week Low	27.31
52-Week High	33.65
Beta	-0.06
Holdings	101
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

162.11% of assets

Name	Symbol	Weight
Simplify Government Money Market ETF	SBIL	73.22%
GOLD 100 OZ FUTR Apr26	GCJ6.Comdty	18.56%
CATTLE FEEDER FUT Mar26	FCH6.Comdty	14.20%
LIVE CATTLE FUTR Apr26	LCJ6.Comdty	13.26%
B 3/31/26 Govt	B.0 03.31.26	7.99%
B 04/21/26 Govt	B.0 04.21.26	7.98%
CATTLE FEEDER FUT Apr26	FCJ6.Comdty	7.50%
COPPER FUTURE Mar26	HGH6.Comdty	6.70%
B 3/3/26 Govt	B.0 03.03.26	6.41%
LIVE CATTLE FUTR Jun26	LCM6.Comdty	6.28%

Dividend History

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 12.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.08%.