Simplify Commodities Strategy No K-1 ETF (HARD)
HARD is an actively managed ETF by Simplify. HARD launched on Mar 27, 2023 and has a 0.75% expense ratio.
ETF Info
| ISIN | US82889N5665 |
|---|---|
| Issuer | Simplify |
| Inception Date | Mar 27, 2023 |
| Category | Commodities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Commodity |
Expense Ratio
HARD features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: HARD vs. BICSX, HARD vs. BRCAX, HARD vs. SVOL, HARD vs. BIL, HARD vs. CTA, HARD vs. CCRV, HARD vs. CAOS, HARD vs. COM
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Simplify Commodities Strategy No K-1 ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Simplify Commodities Strategy No K-1 ETF had a return of 6.13% year-to-date (YTD) and 4.44% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.13% | 25.70% |
| 1 month | -1.28% | 3.51% |
| 6 months | -1.49% | 14.80% |
| 1 year | 4.44% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of HARD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.97% | 0.54% | 1.72% | 3.25% | 3.16% | -2.77% | -1.92% | 1.84% | 5.68% | -0.60% | 6.13% | ||
| 2023 | -0.40% | 1.16% | 1.79% | -3.32% | 4.19% | -0.66% | -0.02% | -5.27% | -3.03% | 0.75% | -5.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HARD is 10, indicating that it is in the bottom 10% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify Commodities Strategy No K-1 ETF (HARD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Simplify Commodities Strategy No K-1 ETF provided a 3.54% dividend yield over the last twelve months, with an annual payout of $0.86 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.86 | $0.46 |
Dividend yield | 3.54% | 1.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Commodities Strategy No K-1 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.60 | |
| 2023 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.26 | $0.46 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify Commodities Strategy No K-1 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Simplify Commodities Strategy No K-1 ETF was 11.78%, occurring on Mar 5, 2024. Recovery took 52 trading sessions.
The current Simplify Commodities Strategy No K-1 ETF drawdown is 7.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.78% | Aug 10, 2023 | 143 | Mar 5, 2024 | 52 | May 17, 2024 | 195 |
| -10.58% | May 21, 2024 | 45 | Jul 25, 2024 | — | — | — |
| -5.59% | May 22, 2023 | 26 | Jun 28, 2023 | 28 | Aug 8, 2023 | 54 |
| -2.85% | Apr 14, 2023 | 3 | Apr 18, 2023 | 10 | May 2, 2023 | 13 |
| -2.06% | May 3, 2023 | 4 | May 8, 2023 | 7 | May 17, 2023 | 11 |
Volatility
Volatility Chart
The current Simplify Commodities Strategy No K-1 ETF volatility is 6.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.