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HARD vs TUA

Simplify Commodities Strategy No K-1 ETF vs Simplify Short Term Treasury Futures Strategy ETF

HARD

Simplify Commodities Strategy No K-1 ETF

Simplify Asset Management

Annual cost

0.78%

Fund size

$118M

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

Key differences

  • TUA costs 0.53% less per year.
  • TUA is significantly larger than HARD — larger funds tend to be more liquid and less likely to close.
  • HARD is classified as commodity, while TUA is alternative — different risk/return profiles.
  • Over the last 3 years, HARD has delivered higher annualized returns.

Side-by-side comparison

HARDTUA
Annual cost (TER)0.78%0.25%
Fund size (AUM)$118M$802M
Since20232022
Dividend yield3.05%3.63%
Asset classcommodityalternative
Regionnorth america
Strategyactive selection
CAGR 1Y+25.3%-1.8%
CAGR 3Y+14.1%-2.2%
CAGR 5YN/AN/A
Sharpe 3Y0.60-0.58
Volatility 1Y26.20%6.85%
Max drawdown-13.51%-15.85%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HARD and TUA