(HARD) Simplify Commodities - Overview
Etf: Futures, Commodities, Indices, Derivatives
Dividends
| Dividend Yield | 3.28% |
| Yield on Cost 5y | 4.24% |
| Yield CAGR 5y | 46.01% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 20.7% |
| Relative Tail Risk | 0.26% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | 0.32 |
| Character TTM | |
|---|---|
| Beta | 0.317 |
| Beta Downside | 0.548 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.51% |
| CAGR/Max DD | 0.86 |
Description: HARD Simplify Commodities December 30, 2025
The Simplify Commodities Strategy No K-1 ETF (NYSE ARCA:HARD) aims to meet its objective by holding a diversified basket of commodity and commodity-index futures. In typical market environments the fund buys and sells these contracts to capture price appreciation from upward trends in the underlying commodities.
Key metrics to watch include the fund’s **30-day rolling open-interest** (a proxy for liquidity) and its **beta to the Bloomberg Commodity Index (BCOM)**, which currently sits around 1.1, indicating slightly higher volatility than the broad commodity market. Primary economic drivers are global supply-chain constraints, inventory levels in energy and metals, and the pace of monetary tightening, all of which can materially affect futures pricing.
For a deeper, data-driven look at HARD’s risk-adjusted performance and sector exposure, you might explore the ValueRay platform’s analytics tools.
What is the price of HARD shares?
Over the past week, the price has changed by +2.76%, over one month by +3.58%, over three months by +4.66% and over the past year by +6.34%.
Is HARD a buy, sell or hold?
What are the forecasts/targets for the HARD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 34.2 | 9.4% |
HARD Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 61.7m USD (61.7m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 61.7m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 61.7m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.08% (E(61.7m)/V(61.7m) * Re(7.08%) + (debt-free company))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)