Simplify Exchange Traded Funds Simplify Commodities Strategy No K-1 ETFSimplify Exchange Traded Funds Simplify Commodities Strategy No K-1 ETFSimplify Exchange Traded Funds Simplify Commodities Strategy No K-1 ETF

Simplify Exchange Traded Funds Simplify Commodities Strategy No K-1 ETF

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Key stats


Assets under management (AUM)
‪32.51 M‬USD
Fund flows (1Y)
‪23.14 M‬USD
Dividend yield (indicated)
2.87%
Discount/Premium to NAV
0.1%
Shares outstanding
‪1.15 M‬
Expense ratio
0.75%

About Simplify Exchange Traded Funds Simplify Commodities Strategy No K-1 ETF


Issuer
Simplify Asset Management, Inc.
Brand
Simplify
Home page
Inception date
Mar 27, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
HARD invests in commodity futures contracts expected to perform strongly during inflationary periods while still performing in typical market environments. The portfolio comprises futures contracts on hard commodities and commodity indices (crude, heating oil, natural gas, copper, gold, silver, corn, wheat, soybean, soybean oil, etc.). Using valuation and momentum signals, the adviser deploys forecasting models monthly to determine price trends and long/short positions. The fund takes a long position when experiencing a positive price trend but takes short positions during a negative trend. The fund expects to maintain a net long bias. To avoid scheduled K-1 payments, the fund does not directly invest in commodity futures contracts. Instead, it gains exposure by investing up to 25% of its assets in a wholly-owned Cayman Islands subsidiary. Thus, shareholders receive a Form 1099. The fund holds short-term US Treasury securities for direct investment or as collateral.

Classification


Asset Class
Commodities
Category
Broad market
Focus
Broad market
Niche
Optimized
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Mutual fund
Bonds, Cash & Other100.00%
Government70.37%
Mutual fund29.05%
Cash0.58%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HARD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HARD trades at 29.33 USD today, its price has risen 2.30% in the past 24 hours. Track more dynamics on HARD price chart.
HARD net asset value is 28.84 today — it's risen 4.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HARD assets under management is ‪32.51 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HARD price has risen by 2.41% over the last month, and its yearly performance shows a 17.37% increase. See more dynamics on HARD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.21% over the last month, showed a −2.78% decrease in three-month performance and has increased by 20.70% in a year.
HARD fund flows account for ‪23.14 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HARD invests in bonds. See more details in our Analysis section.
HARD expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HARD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HARD technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HARD shows the strong buy signal. See more of HARD technicals for a more comprehensive analysis.
Yes, HARD pays dividends to its holders with the dividend yield of 2.87%.
HARD trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HARD shares are issued by Simplify Asset Management, Inc.
HARD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 27, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.