HARD vs. RAAX ETF Comparison

Comparison of Simplify Commodities Strategy No K-1 ETF (HARD) to VanEck Vectors Real Asset Allocation ETF (RAAX)

HARD

Simplify Commodities Strategy No K-1 ETF

HARD Description

The Simplify Commodities Strategy No K-1 ETF (HARD) seeks long term capital appreciation by systematically investing in commodity futures in an attempt to create commodity exposure that performs strongly during inflationary periods while still performing well in more typical market environments. To this end, HARD deploys a suite of systematic long/short (l/s) models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.

Grade (RS Rating)

Last Trade

$25.43

Average Daily Volume

7,317

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.28

Average Daily Volume

13,258

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	HARD	RAAX
30 Days	6.70%	3.50%
60 Days	7.79%	7.37%
90 Days	5.77%	6.63%
12 Months	3.83%	18.88%

0 Overlapping Holdings

	Symbol	Grade	Weight in HARD	Weight in RAAX	Overlap

HARD Overweight 1 Positions Relative to RAAX

	Symbol	Grade	Weight
	HARD	B	23.53%

HARD Underweight 9 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	B	-20.31%
	EINC	A	-12.44%
	REZ	C	-6.67%
	PAVE	A	-4.98%
	NLR	B	-2.08%
	SLX	B	-1.75%
	GDX	C	-1.45%
	PHO	A	-1.03%
	MOO	A	-0.99%

HARD: Top Represented Industries & Keywords

Industries:

Keywords: Commodity Commodity Markets Commodity Trading Advisor Exchange Traded Fund

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust