WLDR Simplify Affinity World Leaders Equity ETF
Morningstar RatingTM Close
Five‑star rating for the overall, three‑year, and five‑year periods in the Morningstar U.S. Fund Global Large‑Stock Value category as of June 30, 2026. Ratings are based on risk‑adjusted returns among 139 funds for the overall and three‑year periods, and 135 funds for the five‑year period.
The Simplify Affinity World Leaders Equity ETF (the “Fund”) seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the FTSE StarMine Affinity World Leaders Index (the “Index”).
The Fund seeks to passively replicate the Index. The Index consists of equity securities issued and traded in the US as well as international countries. The Index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S., and may invest in up to 20 countries. The Index will be significantly invested in the securities of international companies in addition to securities of U.S. companies. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the Index. The Fund may also invest in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) (collectively “Depositary Receipts”) based on the securities in the Index.
Constituents of the Index are characterized by strong global footprint (measured by market capitalization), rank high on measures of earnings quality, demonstrate improving fundamentals (positive earnings revisions on earnings estimates, revenue estimates, price targets, and analyst recommendations), show stock price momentum, and trade at relatively attractive valuations (based on a ranking from various trading multiples, which are, generally speaking, a ratio of the security’s market price to financial or accounting metrics such as earnings, book value, etc., as well as a dividend discount model, which attempts to determine the current or future value of a security based in part on its dividend payments).
Fund Overview
As of 07/30/2026
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return.
Management Fees
This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | |
|---|---|
| Adviser Fee | 0.47% |
| Total Expense Ratio | 1.05% |
| Total Expense Cap | 0.67%* |
*The Fund’s investment adviser, Simplify Asset Management Inc. (the “Adviser”) has contractually agreed to reduce the Fund’s fees and/or absorb expenses of the Fund through at least February 28, 2027 to ensure that total annual Fund operating expenses after fee waiver and/or reimbursement (exclusive of any taxes, interest, brokerage fees and commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation) will not exceed 0.67% of average daily net assets. This agreement may be terminated by the Fund’s Board of Trustees on 60 days’ written notice to the adviser. These fee waivers and/or expense reimbursements are subject to possible recoupment from the Fund in future years on a rolling three-year basis (within the three years after the fees have been waived or reimbursed) if such recoupment can be achieved without exceeding the foregoing expense limits as well as any expense limitation in effect at the time the reimbursement is made. The Fund’s Adviser and Affinity Investment Advisors, LLC (“Affinity” or the “Sub-Adviser”), have agreed that Affinity will reimburse all Fund expenses directly.
Fund Performance (Total Return)
As of 06/30/2026 06/30/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 1.62% | 25.81% | 31.52% | 31.52% | 52.14% | 125.08% | 137.64% | 180.04% |
| Market Price | 1.88% | 25.47% | 31.42% | 31.42% | 52.60% | 125.55% | 137.41% | 180.99% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 52.14% | 31.05% | 18.90% | 12.96% |
| Market Price | 52.60% | 31.14% | 18.88% | 13.00% |
| Cumulative | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 52.14% | 125.08% | 137.64% | 180.04% |
| Market Price | 52.60% | 125.55% | 137.41% | 180.99% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 52.14% | 31.05% | 18.90% | 12.96% |
| Market Price | 52.60% | 31.14% | 18.88% | 13.00% |
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.
NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.
Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.
Growth of $10,000
The growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance.
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
Portfolio Holdings
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| DELL US | Dell Technologies, Inc. | 15,062 | 6.67% |
| MU US | Micron Technology, Inc. | 6,914 | 6.62% |
| STX US | Seagate Technology Holdings plc | 5,673 | 5.29% |
| HPQ US | HP, Inc. | 144,553 | 4.25% |
| JBL US | Jabil, Inc. | 8,852 | 2.99% |
| VZ US | Verizon Communications, Inc. | 47,710 | 2.41% |
| OMC US | Omnicom Group, Inc. | 27,165 | 2.37% |
| T US | AT&T, Inc. | 82,606 | 2.10% |
| EBAY US | eBay, Inc. | 13,473 | 1.67% |
| SSNC US | SS&C Technologies Holdings, Inc. | 18,749 | 1.58% |
| TGT US | Target Corporation | 9,912 | 1.57% |
| APP US | AppLovin Corporation | 3,442 | 1.52% |
| JNJ US | Johnson & Johnson | 5,397 | 1.51% |
| DG US | Dollar General Corporation | 10,508 | 1.47% |
| TPR US | Tapestry, Inc. | 8,257 | 1.38% |
| CTSH US | Cognizant Technology Solutions Corporation | 21,964 | 1.30% |
| STT US | State Street Corporation | 6,464 | 1.29% |
| C US | Citigroup, Inc. | 8,609 | 1.25% |
| CFG US | Citizens Financial Group, Inc. | 13,840 | 1.09% |
| BMY US | Bristol-Myers Squibb Company | 14,765 | 1.05% |
| 9BBH | BBH SWEEP VEHICLE | 957,483 | 1.05% |
| KEY US | KeyCorporation | 41,168 | 1.02% |
| F US | Ford Motor Company | 62,104 | 1.01% |
| 8316 JP | Sumitomo Mitsui Financial Group, Inc. | 21,800 | 1.00% |
| BBVA SM | Banco Bilbao Vizcaya Argentaria S.A. | 32,541 | 0.98% |
| GM US | General Motors Company | 10,024 | 0.97% |
| NVT US | nVent Electric plc | 6,038 | 0.96% |
| VLO US | Valero Energy Corporation | 2,799 | 0.96% |
| UCG IM | UniCredit SpA | 9,208 | 0.95% |
| MKSI US | MKS, Inc. | 2,924 | 0.94% |
| ABN NA | ABN AMRO Bank N.V. | 18,945 | 0.92% |
| ISP IM | Intesa Sanpaolo SpA | 110,903 | 0.91% |
| PFE US | Pfizer, Inc. | 33,339 | 0.91% |
| KEYS US | Keysight Technologies, Inc. | 2,497 | 0.85% |
| NWG LN | NatWest Group plc | 84,247 | 0.85% |
| CABK SM | CaixaBank S.A. | 51,584 | 0.81% |
| ITT US | ITT, Inc. | 3,623 | 0.77% |
| 285A JP | Kioxia Holdings Corporation | 2,800 | 0.76% |
| SHEL LN | Shell plc | 15,398 | 0.75% |
| CNC US | Centene Corporation | 11,314 | 0.75% |
| XYZ US | Block, Inc. | 8,057 | 0.73% |
| 4578 JP | Otsuka Holdings Company Ltd. | 9,368 | 0.73% |
| CVS US | CVS Health Corporation | 6,228 | 0.72% |
| GPN US | Global Payments, Inc. | 7,467 | 0.71% |
| KVUE US | Kenvue, Inc. | 33,326 | 0.70% |
| DVN US | Devon Energy Corporation | 14,209 | 0.69% |
| EXE US | Expand Energy Corporation | 6,790 | 0.69% |
| USFD US | US Foods Holding Corporation | 6,145 | 0.68% |
| TER US | Teradyne, Inc. | 1,690 | 0.68% |
| MO US | Altria Group, Inc. | 8,882 | 0.66% |
| ADM US | Archer-Daniels-Midland Company | 7,446 | 0.66% |
| RR/ LN | Rolls-Royce Holdings plc | 29,144 | 0.63% |
| 4503 JP | Astellas Pharma, Inc. | 39,200 | 0.62% |
| 4507 JP | Shionogi & Company Ltd. | 29,300 | 0.61% |
| FIX US | Comfort Systems USA, Inc. | 327 | 0.61% |
| REP SM | Repsol S.A. | 17,784 | 0.59% |
| MG CN | Magna International, Inc. | 7,656 | 0.59% |
| VIK US | Viking Holdings Ltd. | 5,118 | 0.59% |
| ABBN SW | ABB Ltd. | 5,447 | 0.58% |
| ALL US | Allstate Corporation (The) | 1,951 | 0.57% |
| 6902 JP | Denso Corporation | 37,200 | 0.56% |
| 8630 JP | Sompo Holdings, Inc. | 11,300 | 0.56% |
| 8725 JP | MS&AD Insurance Group Holdings, Inc. | 16,300 | 0.56% |
| CI US | Cigna Group (The) | 1,744 | 0.55% |
| LYB US | LyondellBasell Industries N.V. | 8,179 | 0.54% |
| EXPE US | Expedia Group, Inc. | 1,647 | 0.53% |
| CLS CN | Celestica, Inc. | 1,354 | 0.52% |
| ENI IM | Eni SpA | 17,275 | 0.52% |
| NN NA | NN Group N.V. | 4,982 | 0.51% |
| NTR CN | Nutrien Ltd. | 6,450 | 0.50% |
| 2503 JP | Kirin Holdings Company Ltd. | 22,900 | 0.48% |
| 1925 JP | Daiwa House Industry Company Ltd. | 14,500 | 0.48% |
| EIX US | Edison International | 5,428 | 0.47% |
| VOD LN | Vodafone Group plc | 262,873 | 0.46% |
| ACGL US | Arch Capital Group Ltd. | 4,025 | 0.45% |
| ERICB SS | Telefonaktiebolaget LM Ericsson | 39,222 | 0.42% |
| 9022 JP | Central Japan Railway Company | 14,600 | 0.42% |
| UAL US | United Airlines Holdings, Inc. | 3,088 | 0.42% |
| HCA US | HCA Healthcare, Inc. | 964 | 0.42% |
| 6326 JP | Kubota Corporation | 21,700 | 0.42% |
| TEF EB | Telefonica S.A. | 89,307 | 0.41% |
| 9502 JP | Chubu Electric Power Company, Inc. | 21,800 | 0.41% |
| 9503 JP | Kansai Electric Power Company, Inc. (The) | 24,000 | 0.40% |
| IMB LN | Imperial Brands plc | 9,391 | 0.39% |
| EXC US | Exelon Corporation | 7,869 | 0.39% |
| LDO IM | Leonardo SpA | 5,788 | 0.39% |
| SPG US | Simon Property Group, Inc. | 1,547 | 0.39% |
| AEP US | American Electric Power Company, Inc. | 2,741 | 0.38% |
| RIO AU | Rio Tinto Ltd. | 2,942 | 0.38% |
| 6273 JP | SMC Corporation | 820 | 0.37% |
| ABX CN | Barrick Mining Corporation | 8,971 | 0.37% |
| 8053 JP | Sumitomo Corporation | 31,600 | 0.35% |
| 8015 JP | Toyota Tsusho Corporation | 7,500 | 0.34% |
| NRG US | NRG Energy, Inc. | 2,235 | 0.33% |
| CAP1 VX | Capgemini S.E. | 2,522 | 0.32% |
| FDX US | FedEx Corporation | 950 | 0.32% |
| SN/ LN | Smith & Nephew plc | 17,672 | 0.31% |
| NLY US | Annaly Capital Management, Inc. | 12,111 | 0.31% |
| ACS SM | ACS Actividades de Construccion y Servicios S.A. | 2,206 | 0.31% |
| FIS US | Fidelity National Information Services, Inc. | 5,941 | 0.30% |
| VICI US | VICI Properties, Inc. | 9,954 | 0.29% |
| EDV CN | Endeavour Mining plc | 5,121 | 0.28% |
| K CN | Kinross Gold Corporation | 10,431 | 0.27% |
| NXT LN | Next plc | 1,042 | 0.23% |
| GALD SW | Galderma Group A.G. | 950 | 0.23% |
| TSCO LN | Tesco plc | 31,705 | 0.23% |
| 1 HK | CK Hutchison Holdings Ltd. | 21,865 | 0.22% |
| NEM US | Newmont Corporation | 2,094 | 0.22% |
| AD NA | Koninklijke Ahold Delhaize N.V. | 4,341 | 0.19% |
| 16 HK | Sun Hung Kai Properties Ltd. | 10,785 | 0.18% |
| QSR US | Restaurant Brands International, Inc. | 1,597 | 0.13% |
| AA US | Alcoa Corporation | 2,605 | 0.13% |
| RECPAY | Receivables/Payables | 111,952 | 0.12% |
| FDXF US | Fedex Freight Holding Company, Inc. | 439 | 0.07% |
| USD | US DOLLARS | 22,307 | 0.02% |
| GBP | GREAT BRITSH POUND | 6,171 | 0.01% |
| EUR | EURO | 389 | 0.00% |
| NOK | NORWEGIAN KRONE | 7 | 0.00% |
| ILS | ISRAELI NEW SHEKEL | -809,249 | -0.29% |
Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| $0.19260 | |||
| $0.07740 | |||
| $2.90270 | |||
| $0.11680 | |||
| $0.14640 |
