# HARD (Simplify Commodities Strategy No K-1 ETF)

Simplify · Commodity ETFs · Broad commodities · data as of Oct 2, 2026

HARD is actively managed and returned +17.8% over the past year.

## Key facts

- HARD, total return, 1 year: +17.8%, as of Oct 2, 2026.
- HARD, expense ratio: 0.78%, as of Oct 2, 2026.
- HARD, holdings: 6, as of Oct 2, 2026.
- HARD, below its high: −7.5%, as of Oct 2, 2026.
- HARD, net assets: $57m (issuer page, as of Oct 2, 2026).

## HARD over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +16.8% | +3.6% | +13.2 pts | +11.5 pts |
| 6 months | −3.3% | +17.9% | −21.3 pts | −31.7 pts |
| 1 year | +17.8% | +16.2% | +1.5 pts | −6.6 pts |
| 3 years | +48.7% | +89.3% | −40.6 pts | −66.1 pts |
| Since listing | +52.0% | +103.2% | −51.2 pts | −96.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Commodity fund | ETFIQ |
| Category | Commodities · Broad commodities | ETFIQ |
| Expense ratio | 0.78% | 485BPOS XBRL, Oct 28, 2025 |
| Price | $34.15 | ETFIQ |
| Listed since | Mar 28, 2023 | ETFIQ |
| Net assets | $57m | issuer page, as of Oct 2, 2026 |
| Below its high | −7.5% | ETFIQ |
| Holdings | 6 | ETFIQ |
| Top ten weight | 100.0% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |

## Questions

### How has HARD performed?

Over the year to Oct 2, 2026, HARD returned +17.8% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +48.7%.

### What does HARD cost?

The prospectus expense ratio is 0.78% a year.

### How far is HARD below its high?

7.5% below its high of Apr 30, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, HARD, data as of Oct 2, 2026. https://etfiq.com/funds/hard
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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