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 135 funds for the overall and three‑year periods, and 131 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).
Why Invest in WLDR?
Fund Overview
As of 09/28/2026
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 08/31/2026 03/31/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 3.16% | 3.27% | 20.49% | 33.65% | 46.62% | 127.85% | 135.70% | 184.58% |
| Market Price | 3.43% | 3.05% | 19.91% | 32.92% | 46.68% | 127.33% | 134.92% | 184.19% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 46.62% | 31.59% | 18.71% | 12.90% |
| Market Price | 46.68% | 31.49% | 18.63% | 12.88% |
| Cumulative | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 39.47% | 89.72% | 101.82% | 122.59% |
| Market Price | 40.61% | 91.94% | 102.69% | 123.95% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 39.47% | 23.80% | 15.08% | 10.25% |
| Market Price | 40.61% | 24.27% | 15.18% | 10.33% |
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 chart above presents the Fund's daily premium or discount relative to its Net Asset Value (NAV) during the period shown. A premium occurs when the market price of the Fund's shares is greater than the Fund's NAV, while a discount occurs when the market price is less than the Fund's NAV. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time the Fund's NAV is calculated (usually 4:00 p.m. Eastern Time). The horizontal axis shows the trading dates during the period presented. The vertical axis shows the daily premium or discount expressed as a percentage of NAV. Each bar represents the Fund's premium or discount on a particular trading day. Bars above 0% indicate that the Fund traded at a premium to NAV, while bars below 0% indicate that the Fund traded at a discount to NAV. Past premiums and discounts are not indicative of future results.
Portfolio Holdings
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| DELL US | Dell Technologies, Inc. | 21,705 | 7.77% |
| MU US | Micron Technology, Inc. | 10,285 | 7.15% |
| STX US | Seagate Technology Holdings plc | 8,058 | 4.89% |
| HPQ US | HP, Inc. | 214,749 | 4.43% |
| JBL US | Jabil, Inc. | 14,180 | 2.98% |
| 9BBH | BBH SWEEP VEHICLE | 4,331,073 | 2.85% |
| VZ US | Verizon Communications, Inc. | 76,414 | 2.35% |
| T US | AT&T, Inc. | 132,310 | 2.17% |
| OMC US | Omnicom Group, Inc. | 43,509 | 2.15% |
| TGT US | Target Corporation | 15,864 | 1.66% |
| JNJ US | Johnson & Johnson | 8,637 | 1.55% |
| SSNC US | SS&C Technologies Holdings, Inc. | 30,029 | 1.54% |
| EBAY US | eBay, Inc. | 21,585 | 1.53% |
| DG US | Dollar General Corporation | 16,820 | 1.38% |
| CTSH US | Cognizant Technology Solutions Corporation | 35,188 | 1.32% |
| STT US | State Street Corporation | 10,352 | 1.23% |
| C US | Citigroup, Inc. | 13,793 | 1.19% |
| VLO US | Valero Energy Corporation | 4,599 | 1.18% |
| 285A JP | Kioxia Holdings Corporation | 15,600 | 1.16% |
| APP US | AppLovin Corporation | 5,506 | 1.12% |
| NVT US | nVent Electric plc | 9,662 | 1.02% |
| PFE US | Pfizer, Inc. | 53,403 | 1.01% |
| BMY US | Bristol-Myers Squibb Company | 23,645 | 1.00% |
| ABN NA | ABN AMRO Bank N.V. | 30,345 | 0.99% |
| BBVA SM | Banco Bilbao Vizcaya Argentaria S.A. | 52,341 | 0.99% |
| 8316 JP | Sumitomo Mitsui Financial Group, Inc. | 67,600 | 0.99% |
| TPR US | Tapestry, Inc. | 13,177 | 0.99% |
| KEYS US | Keysight Technologies, Inc. | 4,009 | 0.95% |
| CFG US | Citizens Financial Group, Inc. | 22,168 | 0.95% |
| UCG IM | UniCredit SpA | 14,728 | 0.93% |
| ISP IM | Intesa Sanpaolo SpA | 177,623 | 0.90% |
| KEY US | KeyCorporation | 65,936 | 0.89% |
| NWG LN | NatWest Group plc | 134,887 | 0.81% |
| F US | Ford Motor Company | 99,376 | 0.81% |
| CABK SM | CaixaBank S.A. | 83,984 | 0.81% |
| MKSI US | MKS, Inc. | 4,676 | 0.80% |
| ITT US | ITT, Inc. | 5,807 | 0.79% |
| SHEL LN | Shell plc | 24,638 | 0.79% |
| GM US | General Motors Company | 14,320 | 0.76% |
| CNC US | Centene Corporation | 18,130 | 0.75% |
| DVN US | Devon Energy Corporation | 23,305 | 0.72% |
| TER US | Teradyne, Inc. | 2,698 | 0.71% |
| GPN US | Global Payments, Inc. | 11,955 | 0.67% |
| REP SM | Repsol S.A. | 28,464 | 0.67% |
| 4578 JP | Otsuka Holdings Company Ltd. | 14,168 | 0.66% |
| MO US | Altria Group, Inc. | 14,234 | 0.65% |
| ADM US | Archer-Daniels-Midland Company | 11,934 | 0.63% |
| KVUE US | Kenvue, Inc. | 53,390 | 0.63% |
| XYZ US | Block, Inc. | 12,905 | 0.62% |
| 4503 JP | Astellas Pharma, Inc. | 63,200 | 0.62% |
| EXE US | Expand Energy Corporation | 10,870 | 0.61% |
| USFD US | US Foods Holding Corporation | 9,841 | 0.61% |
| RR/ LN | Rolls-Royce Holdings plc | 46,664 | 0.60% |
| CVS US | CVS Health Corporation | 9,972 | 0.58% |
| FIX US | Comfort Systems USA, Inc. | 519 | 0.57% |
| 4507 JP | Shionogi & Company Ltd. | 46,100 | 0.56% |
| 8725 JP | MS&AD Insurance Group Holdings, Inc. | 25,900 | 0.55% |
| ABBN SW | ABB Ltd. | 8,687 | 0.55% |
| 8630 JP | Sompo Holdings, Inc. | 18,500 | 0.54% |
| MG CN | Magna International, Inc. | 12,216 | 0.52% |
| CLS CN | Celestica, Inc. | 2,194 | 0.52% |
| ENI IM | Eni SpA | 27,715 | 0.51% |
| LYB US | LyondellBasell Industries N.V. | 13,099 | 0.50% |
| CI US | Cigna Group (The) | 2,800 | 0.50% |
| NTR CN | Nutrien Ltd. | 10,290 | 0.49% |
| EXPE US | Expedia Group, Inc. | 2,727 | 0.47% |
| 6902 JP | Denso Corporation | 58,800 | 0.47% |
| NN NA | NN Group N.V. | 7,862 | 0.47% |
| ALL US | Allstate Corporation (The) | 3,103 | 0.47% |
| VOD LN | Vodafone Group plc | 421,033 | 0.46% |
| 1925 JP | Daiwa House Industry Company Ltd. | 48,200 | 0.46% |
| 9503 JP | Kansai Electric Power Company, Inc. (The) | 38,400 | 0.45% |
| 2503 JP | Kirin Holdings Company Ltd. | 37,300 | 0.44% |
| HCA US | HCA Healthcare, Inc. | 1,540 | 0.44% |
| VIK US | Viking Holdings Ltd. | 8,190 | 0.43% |
| ACGL US | Arch Capital Group Ltd. | 6,449 | 0.40% |
| 9502 JP | Chubu Electric Power Company, Inc. | 33,800 | 0.40% |
| ABX CN | Barrick Mining Corporation | 14,371 | 0.39% |
| 6326 JP | Kubota Corporation | 33,700 | 0.39% |
| ERICB SS | Telefonaktiebolaget LM Ericsson | 62,862 | 0.38% |
| 9022 JP | Central Japan Railway Company | 24,200 | 0.38% |
| 8015 JP | Toyota Tsusho Corporation | 12,300 | 0.38% |
| 6273 JP | SMC Corporation | 1,300 | 0.38% |
| 8053 JP | Sumitomo Corporation | 49,000 | 0.37% |
| TEF EB | Telefonica S.A. | 143,067 | 0.37% |
| UAL US | United Airlines Holdings, Inc. | 4,960 | 0.36% |
| RIO AU | Rio Tinto Ltd. | 4,742 | 0.36% |
| AEP US | American Electric Power Company, Inc. | 4,541 | 0.35% |
| LDO IM | Leonardo SpA | 9,268 | 0.34% |
| EXC US | Exelon Corporation | 12,597 | 0.33% |
| SPG US | Simon Property Group, Inc. | 2,483 | 0.33% |
| USD | US DOLLARS | 488,848 | 0.32% |
| IMB LN | Imperial Brands plc | 15,031 | 0.32% |
| CAP1 VX | Capgemini S.E. | 4,082 | 0.31% |
| EDV CN | Endeavour Mining plc | 8,241 | 0.31% |
| FDX US | FedEx Corporation | 1,526 | 0.29% |
| EIX US | Edison International | 8,308 | 0.28% |
| NEM US | Newmont Corporation | 3,534 | 0.27% |
| K CN | Kinross Gold Corporation | 16,671 | 0.26% |
| NLY US | Annaly Capital Management, Inc. | 19,407 | 0.26% |
| SN/ LN | Smith & Nephew plc | 28,352 | 0.25% |
| ACS SM | ACS Actividades de Construccion y Servicios S.A. | 3,526 | 0.24% |
| VICI US | VICI Properties, Inc. | 15,954 | 0.24% |
| NRG US | NRG Energy, Inc. | 3,579 | 0.23% |
| TSCO LN | Tesco plc | 50,785 | 0.21% |
| NXT LN | Next plc | 1,642 | 0.21% |
| FIS US | Fidelity National Information Services, Inc. | 9,133 | 0.21% |
| GALD SW | Galderma Group A.G. | 1,550 | 0.20% |
| 1 HK | CK Hutchison Holdings Ltd. | 33,170 | 0.19% |
| RECPAY | Receivables/Payables | 259,093 | 0.17% |
| AD NA | Koninklijke Ahold Delhaize N.V. | 6,981 | 0.17% |
| 16 HK | Sun Hung Kai Properties Ltd. | 16,390 | 0.15% |
| QSR US | Restaurant Brands International, Inc. | 2,557 | 0.12% |
| AA US | Alcoa Corporation | 4,165 | 0.12% |
| FDXF US | Fedex Freight Holding Company, Inc. | 439 | 0.03% |
| EUR | EURO | 405 | 0.00% |
| GBP | GREAT BRITSH POUND | 226 | 0.00% |
| NOK | NORWEGIAN KRONE | 7 | 0.00% |
| ILS | ISRAELI NEW SHEKEL | -809,249 | -0.17% |
Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| $0.08990 | |||
| $0.19260 | |||
| $0.07740 | |||
| $2.90270 | |||
| $0.11680 |
