Simplify Commodities Strategy No K-1 ETF

Frequently Asked Questions About HARD

What does HARD invest in?

While commodities offer an effective defense against significant inflation, traditional long-only positions often present difficulties for long-term investors due to their tendency for prolonged periods of lagging returns. The Simplify Commodities Strategy No K-1 ETF (HARD) aims for sustained capital growth by methodically allocating to commodity futures. Its strategy is designed to generate substantial returns during inflationary periods and maintain strong performance in more stable market conditions. This is accomplished by utilizing a sophisticated set of systematic long/short (L/S) trading models, which were developed by Altis Partners, a commodity trading advisor with over two decades of specialized experience.

What is the expense ratio of HARD?

Simplify Commodities Strategy No K-1 ETF (HARD) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations.

How big is HARD?

Simplify Commodities Strategy No K-1 ETF (HARD) manages $82.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is HARD actively managed or an index fund?

HARD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was HARD launched?

Simplify Commodities Strategy No K-1 ETF (HARD) launched in March 2023 and is managed by Simplify.

How has HARD performed?

HARD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.