WLDR Simplify Affinity World Leaders Equity ETF
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 06/12/2026
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 05/31/2026 03/31/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 12.26% | 16.68% | 34.29% | 29.42% | 57.65% | 136.60% | 132.02% | 175.57% |
| Market Price | 12.06% | 16.37% | 33.71% | 28.99% | 58.22% | 135.56% | 132.07% | 175.79% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 57.65% | 33.87% | 18.33% | 12.87% |
| Market Price | 58.22% | 33.84% | 18.34% | 12.89% |
| 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 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 |
|---|---|---|---|
| MU US | Micron Technology, Inc. | 6,697 | 7.74% |
| DELL US | Dell Technologies, Inc. | 13,928 | 6.48% |
| STX US | Seagate Technology Holdings plc | 5,013 | 5.49% |
| HPQ US | HP, Inc. | 133,681 | 3.97% |
| JBL US | Jabil, Inc. | 8,186 | 3.71% |
| VZ US | Verizon Communications, Inc. | 44,122 | 2.50% |
| TGT US | Target Corporation | 14,507 | 2.31% |
| OMC US | Omnicom Group, Inc. | 25,122 | 2.27% |
| T US | AT&T, Inc. | 76,393 | 2.12% |
| DG US | Dollar General Corporation | 15,084 | 2.04% |
| APP US | AppLovin Corporation | 3,184 | 1.86% |
| EBAY US | eBay, Inc. | 12,459 | 1.59% |
| 285A JP | Kioxia Holdings Corporation | 2,500 | 1.49% |
| JNJ US | Johnson & Johnson | 4,992 | 1.42% |
| SSNC US | SS&C Technologies Holdings, Inc. | 17,339 | 1.38% |
| C US | Citigroup, Inc. | 7,961 | 1.31% |
| CTSH US | Cognizant Technology Solutions Corporation | 20,311 | 1.25% |
| STT US | State Street Corporation | 5,978 | 1.18% |
| MKSI US | MKS, Inc. | 2,705 | 1.13% |
| NVT US | nVent Electric plc | 5,585 | 1.09% |
| CFG US | Citizens Financial Group, Inc. | 12,799 | 1.02% |
| KEY US | KeyCorporation | 38,072 | 1.02% |
| TER US | Teradyne, Inc. | 2,062 | 0.98% |
| 8316 JP | Sumitomo Mitsui Financial Group, Inc. | 20,300 | 0.96% |
| KEYS US | Keysight Technologies, Inc. | 2,308 | 0.95% |
| PFE US | Pfizer, Inc. | 30,831 | 0.95% |
| BMY US | Bristol-Myers Squibb Company | 13,655 | 0.92% |
| UCG IM | UniCredit SpA | 8,518 | 0.85% |
| ABN NA | ABN AMRO Bank N.V. | 17,520 | 0.83% |
| BBVA SM | Banco Bilbao Vizcaya Argentaria S.A. | 30,066 | 0.82% |
| ISP IM | Intesa Sanpaolo SpA | 102,563 | 0.82% |
| CNC US | Centene Corporation | 10,462 | 0.80% |
| VLO US | Valero Energy Corporation | 2,574 | 0.78% |
| CABK SM | CaixaBank S.A. | 47,534 | 0.77% |
| NWG LN | NatWest Group plc | 77,917 | 0.76% |
| ITT US | ITT, Inc. | 3,350 | 0.75% |
| SHEL LN | Shell plc | 14,243 | 0.72% |
| DVN US | Devon Energy Corporation | 13,141 | 0.70% |
| F US | Ford Motor Company | 39,987 | 0.70% |
| MO US | Altria Group, Inc. | 8,213 | 0.70% |
| CVS US | CVS Health Corporation | 5,760 | 0.69% |
| FIX US | Comfort Systems USA, Inc. | 303 | 0.67% |
| 9BBH | BBH SWEEP VEHICLE | 559,262 | 0.66% |
| KVUE US | Kenvue, Inc. | 30,818 | 0.66% |
| 4578 JP | Otsuka Holdings Company Ltd. | 8,768 | 0.66% |
| EXE US | Expand Energy Corporation | 6,280 | 0.66% |
| ADM US | Archer-Daniels-Midland Company | 6,885 | 0.65% |
| GM US | General Motors Company | 6,592 | 0.63% |
| USFD US | US Foods Holding Corporation | 5,683 | 0.62% |
| XYZ US | Block, Inc. | 7,451 | 0.61% |
| ABBN SW | ABB Ltd. | 5,042 | 0.61% |
| CLS CN | Celestica, Inc. | 1,249 | 0.58% |
| LYB US | LyondellBasell Industries N.V. | 7,564 | 0.57% |
| 4503 JP | Astellas Pharma, Inc. | 36,200 | 0.57% |
| CI US | Cigna Group (The) | 1,612 | 0.57% |
| RR/ LN | Rolls-Royce Holdings plc | 26,954 | 0.56% |
| MG CN | Magna International, Inc. | 7,086 | 0.56% |
| 4507 JP | Shionogi & Company Ltd. | 27,200 | 0.55% |
| GPN US | Global Payments, Inc. | 6,906 | 0.55% |
| TPR US | Tapestry, Inc. | 3,127 | 0.54% |
| ERICB SS | Telefonaktiebolaget LM Ericsson | 36,267 | 0.53% |
| VIK US | Viking Holdings Ltd. | 4,734 | 0.51% |
| 8725 JP | MS&AD Insurance Group Holdings, Inc. | 15,100 | 0.51% |
| REP SM | Repsol S.A. | 16,449 | 0.51% |
| ENI IM | Eni SpA | 15,970 | 0.50% |
| NTR CN | Nutrien Ltd. | 5,970 | 0.48% |
| ALL US | Allstate Corporation (The) | 1,807 | 0.47% |
| 6902 JP | Denso Corporation | 34,500 | 0.47% |
| 8630 JP | Sompo Holdings, Inc. | 10,400 | 0.47% |
| NN NA | NN Group N.V. | 4,622 | 0.46% |
| VOD LN | Vodafone Group plc | 243,103 | 0.44% |
| TEF EB | Telefonica S.A. | 82,587 | 0.44% |
| EIX US | Edison International | 5,068 | 0.44% |
| 2503 JP | Kirin Holdings Company Ltd. | 21,100 | 0.42% |
| 1925 JP | Daiwa House Industry Company Ltd. | 13,300 | 0.42% |
| 9502 JP | Chubu Electric Power Company, Inc. | 20,300 | 0.42% |
| RIO AU | Rio Tinto Ltd. | 2,717 | 0.42% |
| HCA US | HCA Healthcare, Inc. | 892 | 0.41% |
| 6326 JP | Kubota Corporation | 20,200 | 0.40% |
| ACGL US | Arch Capital Group Ltd. | 3,722 | 0.40% |
| EXPE US | Expedia Group, Inc. | 1,512 | 0.40% |
| EXC US | Exelon Corporation | 7,278 | 0.40% |
| ABX CN | Barrick Mining Corporation | 8,296 | 0.39% |
| LDO IM | Leonardo SpA | 5,353 | 0.39% |
| UAL US | United Airlines Holdings, Inc. | 2,854 | 0.39% |
| IMB LN | Imperial Brands plc | 8,686 | 0.38% |
| AEP US | American Electric Power Company, Inc. | 2,516 | 0.38% |
| 9503 JP | Kansai Electric Power Company, Inc. (The) | 22,200 | 0.38% |
| SPG US | Simon Property Group, Inc. | 1,430 | 0.37% |
| 6273 JP | SMC Corporation | 760 | 0.37% |
| FDX US | FedEx Corporation | 878 | 0.35% |
| ACS SM | ACS Actividades de Construccion y Servicios S.A. | 2,041 | 0.35% |
| 8053 JP | Sumitomo Corporation | 7,300 | 0.34% |
| 9022 JP | Central Japan Railway Company | 13,400 | 0.33% |
| 8015 JP | Toyota Tsusho Corporation | 6,900 | 0.31% |
| VICI US | VICI Properties, Inc. | 9,204 | 0.31% |
| CAP1 VX | Capgemini S.E. | 2,327 | 0.31% |
| NRG US | NRG Energy, Inc. | 2,067 | 0.31% |
| SN/ LN | Smith & Nephew plc | 16,337 | 0.29% |
| K CN | Kinross Gold Corporation | 9,651 | 0.29% |
| NLY US | Annaly Capital Management, Inc. | 11,199 | 0.29% |
| EDV CN | Endeavour Mining plc | 4,731 | 0.29% |
| FIS US | Fidelity National Information Services, Inc. | 5,542 | 0.26% |
| NEM US | Newmont Corporation | 1,914 | 0.23% |
| GALD SW | Galderma Group A.G. | 875 | 0.22% |
| 1 HK | CK Hutchison Holdings Ltd. | 21,270 | 0.22% |
| NXT LN | Next plc | 967 | 0.22% |
| TSCO LN | Tesco plc | 29,320 | 0.22% |
| AD NA | Koninklijke Ahold Delhaize N.V. | 4,011 | 0.20% |
| AA US | Alcoa Corporation | 2,410 | 0.20% |
| 16 HK | Sun Hung Kai Properties Ltd. | 10,490 | 0.18% |
| RECPAY | Receivables/Payables | 118,659 | 0.14% |
| QSR US | Restaurant Brands International, Inc. | 1,477 | 0.13% |
| FDXF US | Fedex Freight Holding Company, Inc. | 439 | 0.09% |
| USD | US DOLLARS | 16,631 | 0.02% |
| HKD | HONG KONG DOLLAR | 33,121 | 0.00% |
| EUR | EURO | 393 | 0.00% |
| GBP | GREAT BRITSH POUND | 226 | 0.00% |
| NOK | NORWEGIAN KRONE | 7 | 0.00% |
| ILS | ISRAELI NEW SHEKEL | -809,249 | -0.33% |
Holdings are subject to change without notice.
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| $0.07740 | |||
| $2.90270 | |||
| $0.11680 | |||
| $0.14640 | |||
| $0.04120 |
