HARD

Simplify Commodities Strategy No K-1 ETF

$29.84
+0.00%
Market closed. Last update: 11:44 PM ET

📎 Investment Objective

The Simplify Commodities Strategy No K-1 ETF (HARD) seeks to provide exposure to a diversified basket of commodity futures contracts, with the goal of generating returns that are uncorrelated to traditional asset classes.

Overview

ETF tracking Simplify Commodities Strategy No K-1 ETF

Category Other
Issuer Other
Inception Date 2023-03-28
Market Cap $41.0M
Average Volume N/A
Dividend Yield 3.41%
52-Week Range $24.57 - $32.35
VWAP $30.25

Performance

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Investment Summary

📎 Investment Objective

The Simplify Commodities Strategy No K-1 ETF (HARD) seeks to provide exposure to a diversified basket of commodity futures contracts, with the goal of generating returns that are uncorrelated to traditional asset classes.

🎯 Investment Strategy

The ETF invests in a portfolio of commodity futures contracts across a range of sectors, including energy, metals, and agriculture. The fund aims to provide broad commodity exposure without the tax reporting complexities associated with direct commodity investments.

✨ Key Features

  • Diversified exposure to a range of commodity futures contracts
  • Designed to provide returns that are uncorrelated to stocks and bonds
  • No K-1 tax reporting required, simplifying tax filing for investors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Commodity futures prices can be volatile and subject to significant fluctuations
  • Potential for losses due to contango or backwardation in the futures markets
  • Counterparty risk associated with futures contracts
  • Lack of a performance history, as the fund is newly launched

👤 Best For

The Simplify Commodities Strategy No K-1 ETF may be suitable for investors seeking diversification and exposure to the commodity markets, as part of a broader, well-diversified portfolio. It may be particularly appealing to investors who want to avoid the tax reporting complexities associated with direct commodity investments.