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The Simplify Commodities Strategy No K-1 ETF (HARD) seeks long term capital appreciation by systematically investing in commodity futures in an attempt to create commodity exposure that performs strongly during inflationary periods while still performing well in more typical market environments. To this end, HARD deploys a suite of systematic long/short (l/s) models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.
Simplify Commodities Strategy No K-1 ETF trades on the ARCA stock market under the symbol HARD.
As of July 8, 2026, HARD stock price climbed to $30.18 with 9,084 million shares trading.
HARD has a beta of -0.08, meaning it tends to be less sensitive to market movements. HARD has a correlation of 0.00 to the broad based SPY ETF.
HARD has a market cap of $79.22 million. This is considered a Micro Cap stock.
In the last 3 years, HARD traded as high as $37.63 and as low as $22.69.
HARD has underperformed the market in the last year with a price return of +9.6% while the SPY ETF gained +20.5%. HARD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.8% and +0.3%, respectively, while the SPY returned +12.6% and +0.9%, respectively.
HARD support price is $29.66 and resistance is $30.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HARD shares will trade within this expected range on the day.