HARDSimplifyACTIVE
14900
$35.58+2.04% vs prior close
293852-WK
Price through Oct 22, 2026 · Flows through Oct 21, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 22, 2026. Holdings snapshot retrieved Oct 22, 2026.
HARD price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | HARD close |
|---|---|
| Oct 22, 2025 | $30.85 |
| Oct 23, 2025 | $30.75 |
| Oct 24, 2025 | $29.95 |
| Oct 27, 2025 | $29.28 |
| Oct 28, 2025 | $29.21 |
| Oct 29, 2025 | $29.48 |
| Oct 30, 2025 | $29.66 |
| Oct 31, 2025 | $29.66 |
| Nov 3, 2025 | $30.13 |
| Nov 4, 2025 | $29.52 |
| Nov 5, 2025 | $29.76 |
| Nov 6, 2025 | $29.06 |
| Nov 7, 2025 | $29.37 |
| Nov 10, 2025 | $30.18 |
| Nov 11, 2025 | $30.46 |
| Nov 12, 2025 | $30.29 |
| Nov 13, 2025 | $30.32 |
| Nov 14, 2025 | $29.84 |
| Nov 17, 2025 | $30.20 |
| Nov 18, 2025 | $30.34 |
| Nov 19, 2025 | $29.77 |
| Nov 20, 2025 | $29.07 |
| Nov 21, 2025 | $28.97 |
| Nov 24, 2025 | $28.93 |
| Nov 25, 2025 | $28.94 |
| Nov 26, 2025 | $29.47 |
| Nov 28, 2025 | $30.01 |
| Dec 1, 2025 | $29.91 |
| Dec 2, 2025 | $29.89 |
| Dec 3, 2025 | $29.69 |
| Dec 4, 2025 | $29.70 |
| Dec 5, 2025 | $29.59 |
| Dec 8, 2025 | $29.41 |
| Dec 9, 2025 | $29.43 |
| Dec 10, 2025 | $29.65 |
| Dec 11, 2025 | $29.89 |
| Dec 12, 2025 | $29.46 |
| Dec 15, 2025 | $29.53 |
| Dec 16, 2025 | $29.36 |
| Dec 17, 2025 | $29.54 |
| Dec 18, 2025 | $29.50 |
| Dec 19, 2025 | $29.81 |
| Dec 22, 2025 | $30.32 |
| Dec 23, 2025 | $30.11 |
| Dec 24, 2025 | $29.99 |
| Dec 26, 2025 | $30.68 |
| Dec 29, 2025 | $29.64 |
| Dec 30, 2025 | $29.76 |
| Dec 31, 2025 | $29.64 |
| Jan 2, 2026 | $29.72 |
| Jan 5, 2026 | $30.25 |
| Jan 6, 2026 | $30.52 |
| Jan 7, 2026 | $30.09 |
| Jan 8, 2026 | $30.20 |
| Jan 9, 2026 | $30.43 |
| Jan 12, 2026 | $30.57 |
| Jan 13, 2026 | $30.55 |
| Jan 14, 2026 | $30.88 |
| Jan 15, 2026 | $30.41 |
| Jan 16, 2026 | $30.01 |
| Jan 20, 2026 | $30.35 |
| Jan 21, 2026 | $30.31 |
| Jan 22, 2026 | $30.63 |
| Jan 23, 2026 | $31.16 |
| Jan 26, 2026 | $31.48 |
| Jan 27, 2026 | $31.74 |
| Jan 28, 2026 | $32.20 |
| Jan 29, 2026 | $32.50 |
| Jan 30, 2026 | $31.09 |
| Feb 2, 2026 | $30.44 |
| Feb 3, 2026 | $31.07 |
| Feb 4, 2026 | $31.22 |
| Feb 5, 2026 | $31.05 |
| Feb 6, 2026 | $31.28 |
| Feb 9, 2026 | $31.60 |
| Feb 10, 2026 | $31.47 |
| Feb 11, 2026 | $31.83 |
| Feb 12, 2026 | $31.38 |
| Feb 13, 2026 | $31.28 |
| Feb 17, 2026 | $31.48 |
| Feb 18, 2026 | $32.10 |
| Feb 19, 2026 | $32.50 |
| Feb 20, 2026 | $32.34 |
| Feb 23, 2026 | $32.47 |
| Feb 24, 2026 | $32.59 |
| Feb 25, 2026 | $32.68 |
| Feb 26, 2026 | $32.51 |
| Feb 27, 2026 | $32.88 |
| Mar 2, 2026 | $33.39 |
| Mar 3, 2026 | $33.12 |
| Mar 4, 2026 | $33.72 |
| Mar 5, 2026 | $34.02 |
| Mar 6, 2026 | $34.79 |
| Mar 9, 2026 | $34.25 |
| Mar 10, 2026 | $34.52 |
| Mar 11, 2026 | $35.00 |
| Mar 12, 2026 | $35.73 |
| Mar 13, 2026 | $35.40 |
| Mar 16, 2026 | $34.23 |
| Mar 17, 2026 | $35.14 |
| Mar 18, 2026 | $35.77 |
| Mar 19, 2026 | $35.10 |
| Mar 20, 2026 | $35.62 |
| Mar 23, 2026 | $33.10 |
| Mar 24, 2026 | $33.92 |
| Mar 25, 2026 | $33.61 |
| Mar 26, 2026 | $34.07 |
| Mar 27, 2026 | $35.19 |
| Mar 30, 2026 | $35.87 |
| Mar 31, 2026 | $35.37 |
| Apr 1, 2026 | $34.45 |
| Apr 2, 2026 | $35.99 |
| Apr 6, 2026 | $36.33 |
| Apr 7, 2026 | $35.76 |
| Apr 8, 2026 | $33.05 |
| Apr 9, 2026 | $33.56 |
| Apr 10, 2026 | $33.00 |
| Apr 13, 2026 | $33.72 |
| Apr 14, 2026 | $33.28 |
| Apr 15, 2026 | $33.20 |
| Apr 16, 2026 | $33.71 |
| Apr 17, 2026 | $32.16 |
| Apr 20, 2026 | $32.75 |
| Apr 21, 2026 | $33.45 |
| Apr 22, 2026 | $33.59 |
| Apr 23, 2026 | $34.18 |
| Apr 24, 2026 | $34.29 |
| Apr 27, 2026 | $34.92 |
| Apr 28, 2026 | $35.64 |
| Apr 29, 2026 | $36.85 |
| Apr 30, 2026 | $37.63 |
| May 1, 2026 | $36.37 |
| May 4, 2026 | $37.07 |
| May 5, 2026 | $36.65 |
| May 6, 2026 | $35.26 |
| May 7, 2026 | $34.96 |
| May 8, 2026 | $34.85 |
| May 11, 2026 | $35.77 |
| May 12, 2026 | $36.61 |
| May 13, 2026 | $36.40 |
| May 14, 2026 | $36.00 |
| May 15, 2026 | $36.09 |
| May 18, 2026 | $36.84 |
| May 19, 2026 | $36.84 |
| May 20, 2026 | $35.65 |
| May 21, 2026 | $35.05 |
| May 22, 2026 | $34.71 |
| May 26, 2026 | $33.92 |
| May 27, 2026 | $33.28 |
| May 28, 2026 | $33.32 |
| May 29, 2026 | $32.97 |
| Jun 1, 2026 | $33.86 |
| Jun 2, 2026 | $33.81 |
| Jun 3, 2026 | $33.73 |
| Jun 4, 2026 | $33.35 |
| Jun 5, 2026 | $32.57 |
| Jun 8, 2026 | $32.69 |
| Jun 9, 2026 | $32.44 |
| Jun 10, 2026 | $32.63 |
| Jun 11, 2026 | $32.32 |
| Jun 12, 2026 | $31.91 |
| Jun 15, 2026 | $31.71 |
| Jun 16, 2026 | $31.36 |
| Jun 17, 2026 | $31.00 |
| Jun 18, 2026 | $31.01 |
| Jun 22, 2026 | $30.81 |
| Jun 23, 2026 | $30.38 |
| Jun 24, 2026 | $30.00 |
| Jun 25, 2026 | $29.89 |
| Jun 26, 2026 | $29.61 |
| Jun 29, 2026 | $29.53 |
| Jun 30, 2026 | $29.66 |
| Jul 1, 2026 | $29.65 |
| Jul 2, 2026 | $29.50 |
| Jul 6, 2026 | $30.25 |
| Jul 7, 2026 | $30.10 |
| Jul 8, 2026 | $30.29 |
| Jul 9, 2026 | $30.18 |
| Jul 10, 2026 | $29.95 |
| Jul 13, 2026 | $30.75 |
| Jul 14, 2026 | $31.13 |
| Jul 15, 2026 | $31.22 |
| Jul 16, 2026 | $30.61 |
| Jul 17, 2026 | $31.25 |
| Jul 20, 2026 | $31.62 |
| Jul 21, 2026 | $32.01 |
| Jul 22, 2026 | $32.39 |
| Jul 23, 2026 | $33.20 |
| Jul 24, 2026 | $32.55 |
| Jul 27, 2026 | $31.15 |
| Jul 28, 2026 | $30.82 |
| Jul 29, 2026 | $31.77 |
| Jul 30, 2026 | $31.47 |
| Jul 31, 2026 | $31.68 |
| Aug 3, 2026 | $30.32 |
| Aug 4, 2026 | $29.44 |
| Aug 5, 2026 | $29.54 |
| Aug 6, 2026 | $30.19 |
| Aug 7, 2026 | $30.01 |
| Aug 10, 2026 | $31.49 |
| Aug 11, 2026 | $31.78 |
| Aug 12, 2026 | $31.73 |
| Aug 13, 2026 | $31.38 |
| Aug 14, 2026 | $31.74 |
| Aug 17, 2026 | $32.72 |
| Aug 18, 2026 | $32.79 |
| Aug 19, 2026 | $32.84 |
| Aug 20, 2026 | $33.43 |
| Aug 21, 2026 | $33.45 |
| Aug 24, 2026 | $32.60 |
| Aug 25, 2026 | $31.53 |
| Aug 26, 2026 | $31.66 |
| Aug 27, 2026 | $32.33 |
| Aug 28, 2026 | $32.36 |
| Aug 31, 2026 | $33.49 |
| Sep 1, 2026 | $34.70 |
| Sep 2, 2026 | $34.35 |
| Sep 3, 2026 | $33.83 |
| Sep 4, 2026 | $33.61 |
| Sep 8, 2026 | $34.18 |
| Sep 9, 2026 | $35.23 |
| Sep 10, 2026 | $36.69 |
| Sep 11, 2026 | $35.86 |
| Sep 14, 2026 | $35.69 |
| Sep 15, 2026 | $36.58 |
| Sep 16, 2026 | $36.24 |
| Sep 17, 2026 | $35.39 |
| Sep 18, 2026 | $35.17 |
| Sep 21, 2026 | $34.46 |
| Sep 22, 2026 | $34.27 |
| Sep 23, 2026 | $34.97 |
| Sep 24, 2026 | $34.99 |
| Sep 25, 2026 | $34.01 |
| Sep 28, 2026 | $33.84 |
| Sep 29, 2026 | $33.30 |
| Sep 30, 2026 | $33.68 |
| Oct 1, 2026 | $34.33 |
| Oct 2, 2026 | $34.15 |
| Oct 5, 2026 | $33.72 |
| Oct 6, 2026 | $33.88 |
| Oct 7, 2026 | $33.77 |
| Oct 8, 2026 | $34.41 |
| Oct 9, 2026 | $34.11 |
| Oct 12, 2026 | $34.71 |
| Oct 13, 2026 | $35.03 |
| Oct 14, 2026 | $34.91 |
| Oct 15, 2026 | $34.50 |
| Oct 16, 2026 | $35.31 |
| Oct 19, 2026 | $35.07 |
| Oct 20, 2026 | $34.92 |
| Oct 21, 2026 | $34.87 |
| Oct 22, 2026 | $35.58 |
Weekly net flows, Max
Net outflow over the range: −$30M
- Inflow / above zero
- Outflow / below zero
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Aug 10 | $0 |
| Aug 17 | −$825K |
| Aug 24 | −$20M |
| Aug 31 | −$825K |
| Sep 7 | −$850K |
| Sep 14 | −$875K |
| Sep 21 | −$1.7M |
| Sep 28 | −$4.3M |
| Oct 5 | $0 |
| Oct 12 | $0 |
| Oct 19 | −$875K |
The desk’s read
Money is leaving — −$5M in net outflows over the past month, about 8.9% of the fund's asset base, while the price has returned +20.0% so far this year. At 0.75% a year it is not the cheapest way in — SCHF has a reported fee of 0.06%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$58Massets under management
0.75%expense ratio · $75 per $10,000 a year
−$5Mnet flow, trailing month
20Kavg daily volume, 30 days
36holdings
2023listed March 27, 2023 · beta -0.66
The book at a glance
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
Holdings
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | —B 2/2/27 Govt | 0.02% | — | — | — | |
| 2 | —B 12/29/26 Govt | 0.10% | — | — | — | |
| 3 | —B 12/15/26 Govt | 0.03% | — | — | — | |
| 4 | —UNITED STS TREAS BILLS 0.0 08DEC26 | 0.07% | — | — | — | |
| 5 | —B 11/5/26 Govt | 0.02% | — | — | — | |
| 6 | —B 11/19/26 Govt | 0.02% | — | — | — | |
| 7 | —B 1/12/27 Govt | 0.08% | — | — | — | |
| 8 | —Cash | 0.04% | — | — | — |
Sector weights
- Other100%
- Cash & Others100%
- Government76.21%
- Mutual fund23.37%
- Cash0.42%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 100% |
| Cash & Others | 100% |
| Government | 76.21% |
| Mutual fund | 23.37% |
| Cash | 0.42% |
Country weights
- Other100%
- United States11.13%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Other | 100% |
| United States | 11.13% |
Performance
| 1 week | +0.8% |
| 1 month | +3.8% |
| 3 months | +9.8% |
| 6 months | +8.6% |
| YTD | +20.0% |
| 1 year | +15.3% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | −$875K |
| 1 month | −$5M |
| 3 months | −$30M |
| YTD | −$30M |
| 1 year | −$30M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Aug | −$20.8M |
| Sep | −$8.5M |
| Oct | −$875K |
The risk read
22%realized volatility, 30 days (annualized)
29%realized volatility, 1 year
-21.8%deepest fall from a peak, 1 year
-5.4%latest close versus that peak
The top holding is 0.1% of the book; the top ten carry 0%. Spread across 8+ names, it behaves like roughly 6 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
5Kshares traded
The case against HARD
Due diligence cuts both ways. These funds sit on the same shelf and beat HARD on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| DFUS Dimensional U.S. Equity Market ETF | 0.09% | $10.2B | — | -66bp on fee · 178× the assets | Head-to-head |
| DFAU Dimensional US Core Equity Market ETF | 0.12% | $6.3B | — | -63bp on fee · 109× the assets | Head-to-head |
| AVUS Avantis U.S. Equity ETF | 0.15% | $7.2B | — | -60bp on fee · 125× the assets | Head-to-head |
| AVLV Avantis U.S. Large Cap Value ETF | 0.15% | $4.5B | — | -60bp on fee · 78× the assets | Head-to-head |
| DFAC Dimensional U.S. Core Equity 2 ETF | 0.17% | $30.5B | — | -58bp on fee · 529× the assets | Head-to-head |