# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0000940400-25-011470
**Filing Date:** 2025-11
**Character Count:** 25121
**Document Hash:** 3e959a9745af1561dc87034f68b46ccc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011470.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011470

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Simplify Exchange Traded Funds
- **CENTRAL INDEX KEY:** 0001810747

**ORGANIZATION NAME:**
- **EIN:** 851887571
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23570
- **FILM NUMBER:** 251534460

**BUSINESS ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038
- **BUSINESS PHONE:** 646-741-2438

**MAIL ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038

## Series and Classes Contracts Data

### Simplify Volatility Premium ETF (Series ID: S000071794)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000227300 | Simplify Volatility Premium ETF | SVOL            |

## Nport-Ex

#### Simplify

#### Volatility

#### Premium

#### ETF

#### Consolidated

#### Schedule

#### of

#### Investments
September

30,

2025

(Unaudited)

#### Principal

#### Value

#### U.S.

#### Treasury

#### Bills

#### –

#### 157.8%
U.S.

Treasury

Bill,

4.30%,

10/28/2025

(a) ......................................

$

94,000,000

$

93,715,180

U.S.

Treasury

Bill,

4.21%,

11/13/2025

(a) .......................................

44,000,000

43,789,515

U.S.

Treasury

Bill,

4.01%,

11/18/2025

(a)(b) ....................................

820,000,000

815,641,864

U.S.

Treasury

Bill,

4.10%,

12/4/2025

(a) .......................................

24,000,000

23,833,813

U.S.

Treasury

Bill,

3.94%,

12/11/2025

(a) .......................................

4,000,000

3,969,707

U.S.

Treasury

Bill,

3.94%,

12/26/2025

(a) ......................................

173,000,000

171,408,881

Total

U.S.

Treasury

Bills

(Cost

$1,152,400,189)

......................................

1,152,358,960

#### Shares

#### U.S.

#### Exchange-Traded

#### Funds

#### –

#### 47.9%

#### Alternative

#### Funds

#### –

#### 12.1%
Simplify

Multi-QIS

Alternative

ETF(c)

..........................................

4,627,620

88,693,890

#### Equity

#### Funds

#### –

#### 15.3%
Simplify

Next

Intangible

Core

Index

ETF(c)

.....................................

822,303

26,864,639

Simplify

Piper

Sandler

US

Small-Cap

PLUS

Income

ETF(c)

........................

91,464

2,608,334

Simplify

US

Equity

PLUS

Upside

Convexity

ETF(c)

...............................

1,634,812

82,067,562

111,540,535

#### Fixed

#### Income

#### Funds

#### –

#### 20.5%
Simplify

Aggregate

Bond

ETF(c)

..............................................

3,718,254

77,005,040

Simplify

Barrier

Income

ETF(c)

...............................................

273,188

7,173,917

Simplify

National

Muni

Bond

ETF(c)

...........................................

1,553,376

39,191,677

Simplify

Target

Distribution

ETF(c)

.........................................

974,406

25,924,754

149,295,388

Total

U.S.

Exchange-Traded

Funds

(Cost

$340,785,231)

..............................

349,529,813

#### Number

#### of

#### Contracts

#### Notional

#### Amount

#### Purchased

#### Options

#### –

#### 2.3%

#### Calls

#### –

#### Exchange-Traded

#### –

#### 2.2%
CBOE

Volatility

Index,

October

Strike

Price

$60,

Expires

10/22/25

.........

52,100

312,600,000

364,700

CBOE

Volatility

Index,

November

Strike

Price

$60,

Expires

11/19/25

.......

60,600

363,600,000

1,757,400

Nasdaq

Index,

October

Strike

Price

$24,525,

Expires

10/17/25

........

760,275,000

14,275,500

16,397,600

#### Puts

#### –

#### Exchange-Traded

#### –

#### 0.1%
S&P

500

Index,

October

Strike

Price

$5,900,

Expires

10/27/25

...........

1,278

754,020,000

773,190

Total

Purchased

Options

(Cost

$20,894,654)

..........................................

17,170,790

#### Shares

#### Money

#### Market

#### Fund

#### –

#### 0.6%
Dreyfus

Treasury

Obligations

Cash

Management

Fund,

Institutional

Shares,

4.00%(d)

(Cost

$4,060,715)

.......................................................

4,060,715

4,060,715

Total

Investments

–

208.6%

(Cost

$1,518,140,789)

..........................................................

$

1,523,120,278

Liabilities

in

Excess

of

Other

Assets

–

(108.6)%

.......................................

(792,954,167)

#### Net

#### Assets

#### –

#### 100.0%

#### ............................................................

#### $

#### 730,166,111

#### Simplify

#### Volatility

#### Premium

#### ETF

#### Consolidated

#### Schedule

#### of

#### Investments
(Continued)

September

30,

2025

(Unaudited)

#### Number

#### of

#### Contracts

#### Notional

#### Amount

#### Value

#### Written

#### Options

#### –

#### (0.4)%

#### Puts

#### –

#### Exchange-Traded

#### –

#### (0.4)%
U.S.

Long

Bond,

October

Strike

Price

$112,

Expires

10/24/25

............

(1,600)

$

(179,200,000)

$

(175,000)

U.S.

Long

Bond,

October

Strike

Price

$113,

Expires

10/24/25

............

(800) (90,400,000)

(150,000)

U.S.

Long

Bond,

October

Strike

Price

$114,

Expires

10/24/25

............

(800) (91,200,000)

(262,500)

U.S.

Long

Bond,

October

Strike

Price

$115,

Expires

10/24/25

............

(800) (92,000,000)

(437,500)

U.S.

Long

Bond,

October

Strike

Price

$116,

Expires

10/24/25

............

(800) (92,800,000)

(725,000)

U.S.

Long

Bond,

November

Strike

Price

$110,

Expires

11/21/25

...........

(1,600)

(176,000,000)

(350,000)

U.S.

Long

Bond,

November

Strike

Price

$111,

Expires

11/21/25

...........

(800) (88,800,000)

(250,000)

U.S.

Treasury

Bond

Future,

October

Strike

Price

$116.5,

Expires

10/06/25

..

(800) (93,200,000)

(225,000)

(2,575,000)

Total

Written

Options

(Premiums

Received

$4,476,113)

.................................

$

(2,575,000)

(a) Represents

a

zero

coupon

bond.

Rate

shown

reflects

the

effective

yield.

(b) Security,

or

a

portion

thereof,

in

the

amount

of

$815,637,600

has

been

pledged

as

collateral

for

reverse

repurchase

agreements

as

of

September

30,

2025. (c) Affiliated

fund

managed

by

Simplify

Asset

Management

Inc.

(d) Rate

shown

reflects

the

7-day

yield

as

of

September

30,

2025. #### At

#### September

#### 30,

#### 2025,

#### open

#### futures

#### contracts

#### were

#### as

#### follows:

#### Number

#### of

#### Contracts

#### Notional

#### Value

#### Expiration

#### Date

#### Value/

#### Unrealized

#### Appreciation
(Depreciation)

#### Short

#### position

#### contracts:
CBOE

VIX

Future

............................

(12,617)

$

(221,907,796)

10/22/25

$

16,016,766

U.S.

Treasury

Long

Bond

Futures

...............

(717) (83,597,719)

12/19/25

(425,719)

S&P

500

E-Mini

Future

........................

(914) (307,960,875)

12/19/25

(4,026,062)

#### Total

#### net

#### unrealized

#### appreciation

#### $

#### 11,564,985

#### Simplify

#### Volatility

#### Premium

#### ETF

#### Consolidated

#### Schedule

#### of

#### Investments
(Continued)

September

30,

2025

(Unaudited)

#### Affiliates
Fiscal

period

to

date

transactions

with

companies

which

are

or

were

affiliates

are

as

follows:

#### Affiliate

#### Value

#### at

#### beginning

#### of

#### the

#### period

#### Purchases

#### Cost

#### Sales

#### Proceeds

#### Net

#### Realized

#### Gain/(Loss)

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation/

#### Depreciation

#### Value

#### at

#### the

#### end

#### of

#### the

#### period

#### Number

#### of

#### Shares

#### at

#### the

#### end

#### of

#### the

#### period

#### Dividend

#### Income

#### Capital

#### Gain

#### Distributions
Simplify

Aggregate

Bond

ETF

$

107,188,763

$

—

$

(30,417,980)

$

(2,905,088)

$

3,139,346

$

77,005,040

3,718,254

$

1,739,369

$

—

Simplify

Barrier

Income

ETF

28,842,000

—

(21,638,202)

883,084

(912,965)

7,173,917

273,188

524,493

—

Simplify

Intermediate

Term

Treasury

Futures

Strategy

ETF

39,352,785

—

(38,850,040)

(2,629,954)

2,127,209

—

—

126,809

—

Simplify

Multi-QIS

Alternative

ETF

86,368,364

39,752,435

(28,966,055)

(5,135,870)

(3,324,983)

88,693,890

4,627,620

462,762

—

Simplify

National

Muni

Bond

ETF

67,824,759

—

(28,033,328)

(1,270,633)

670,878

39,191,677

1,553,376

466,013

—

Simplify

Next

Intangible

Core

Index

ETF

686,375

24,696,533

—

—

1,481,731

26,864,639

822,303

41,115

—

Simplify

Piper

Sandler

US

Small-Cap

PLUS

Income

ETF

2,530,809

—

—

—

77,525

2,608,334

91,464

4,573

—

Simplify

Target

Distribution

ETF

26,630,000

—

(683,267)

43,238

(65,217)

25,924,754

974,406

981,554

—

Simplify

US

Equity

PLUS

Upside

Convexity

ETF

85,560,543

—

(12,646,339)

816,397

8,336,961

82,067,562

1,634,812

163,481

—

#### $

#### 444,984,398

#### $

#### 64,448,968

#### $

#### (161,235,211)

#### $

#### (10,198,826)

#### $

#### 11,530,485

#### $

#### 349,529,813

#### 13,695,423

#### $

#### 4,510,169

#### $

#### —

#### Summary

#### of

#### Investment

#### Type††

#### Investment

#### Categories

#### %

#### of

#### Net

#### Assets
U.S.

Treasury

Bills

.............................................................................

157.8%

U.S.

Exchange-Traded

Funds

....................................................................

47.9%

Purchased

Options

............................................................................

2.3%

Money

Market

Fund

...........................................................................

0.6%

Total

Investments

.............................................................................

208.6%

Liabilities

in

Excess

of

Other

Assets

...............................................................

(108.6)%

#### Net

#### Assets

#### ..................................................................................

#### 100.0%
††

The

percentage

shown

for

each

investment

category

is

the

total

value

of

investments

in

that

category

as

a

percentage

of

the

net

assets

of

the

Fund.

The

table

depicts

the

Fund's

investments

but

may

not

represent

the

Fund's

market

exposure

to

certain

derivatives,

if

any,

which

are

included

in

Liabilities

in

Excess

of

Other

Assets.

#### Simplify

#### Volatility

#### Premium

#### ETF

#### Consolidated

#### Schedule

#### of

#### Investments
(Continued)

September

30,

2025

(Unaudited)

#### At

#### September

#### 30,

#### 2025,

#### open

#### reverse

#### repurchase

#### agreements

#### were

#### as

#### follows:

#### Counterparty

#### Interest

#### Rate

#### Trade

#### Date

#### Maturity

#### Date

#### Face

#### Amount

#### Payable

#### for

#### Reverse

#### Repurchase

#### Agreements
Morgan

Stanley

Capital

Services

LLC

4.35%

9/30/2025

10/2/2025

$

799,335,562

$

799,335,562

$

799,335,562

$

799,335,562

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Simplify Exchange Traded Funds

- **b. Investment Company Act file number:** 811-23570

- **c. CIK number of Registrant:** 0001810747

- **d. LEI of Registrant:** 549300LDDEMEUCZQEO55

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 10845 Griffith Peak Drive

  - **City:** Las Vegas

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89135

  - **Telephone number:** (702) 389-9705

**Item A.2. Information about the Series.**

- **a. Name of Series:** Simplify Volatility Premium ETF

- **b. EDGAR series identifier (if any):** S000071794

- **c. LEI of Series:** 549300CF4TTP7FLGVJ11

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1552784964.15

**Total Liabilities:** $812690058.28

**Net Assets:** $740094905.87

**Amount of Assets Invested in Other Investment Companies:** $355738400.72

**Cash Not Reported:** $179919329.18

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227300 | -7.31%               | 4.73%                | 6.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-4815943.38             | $-4084787.18                               |
| Month 2  | $-5597577.30             | $8953745.11                                |
| Month 3  | $221501.71               | $6568931.35                                |

**Designated Index Information**

- **Index Name:** Absolute

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                | Title                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBOE GLOBAL MARKETS, INC.                           | THE CBOE VOLATILITY INDEX                           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      60600 | NC      | $1757400.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                           | S&P 500 INDEX                                       | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |       1278 | NC      | $773190.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -800 | NC      | $-725000.00    | -0.10%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE FUTURES EXCHANGE, LLC                          | CBOE VIX                                            | CUSIP: 000000000<br>LEI: 254900O9GJPIWCP8RH13 | N/A              | DE               | CORP              | US        |     -12617 | NC      | $16016766.12   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NASDAQ, INC.                                        | NASDAQ 100 INDEX                                    | CUSIP: 000000000<br>LEI: 549300L8X1Q78ERXFD06 | N/A              | DE               | CORP              | US        |        310 | NC      | $14275500.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -1600 | NC      | $-75000.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                            | Morgan Stanley                                      | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | Short            | RA               | CORP              | US        | -799233047 | PA      | $-799233047.00 | -107.99%          |  |  |  | No            |                  2 | On Loan: No      |
| Simplify Multi-QIS Alternative ETF                  | Simplify Multi-QIS Alternative ETF                  | CUSIP: 82889N533<br>LEI: 5493000ECD76VI8L4769 | Long             | EC               | RF                | US        |    4627620 | NS      | $88693890.44   | 11.98%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -800 | NC      | $-150000.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                       | United States Treasury Bill                         | CUSIP: 912797QY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    4000000 | PA      | $3969706.68    | 0.54%             | 2025-12-11      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -1600 | NC      | $-175000.00    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Simplify Piper Sandler US Small-Cap PLUS Income ETF | Simplify Piper Sandler US Small-Cap PLUS Income ETF | CUSIP: 82889N327<br>LEI: 529900HP1B2TAHG5WR46 | Long             | EC               | RF                | US        |      91464 | NS      | $2608333.77    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify US Equity PLUS Upside Convexity ETF        | Simplify US Equity PLUS Upside Convexity ETF        | CUSIP: 82889N301<br>LEI: 549300CV9WBB54HLYP95 | Long             | EC               | RF                | US        |    1634812 | NS      | $82067562.40   | 11.09%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                       | United States Treasury Bill                         | CUSIP: 912797QQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   44000000 | PA      | $43789515.00   | 5.92%             | 2025-11-13      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -800 | NC      | $-250000.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | US LONG BOND(CBT)                                   | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -717 | NC      | $-425718.75    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -800 | NC      | $-262500.00    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| DREYFUS TRSY OBLIG CASH M                           | DREYFUS TRSY OBLIG CASH M                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    4060715 | NS      | $4060714.73    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify Next Intangible Core Index ETF             | Simplify Next Intangible Core Index ETF             | CUSIP: 82889N475<br>LEI: 529900FEHCU1E5QFD534 | Long             | EC               | RF                | US        |     822303 | NS      | $26864639.01   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.                    | S&P500 EMINI                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               | CORP              | US        |       -914 | NC      | $-4026062.51   | -0.54%            |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.                           | THE CBOE VOLATILITY INDEX                           | CUSIP: 000000000<br>LEI: 529900RLNSGA90UPEH54 | N/A              | DE               | CORP              | US        |      52100 | NC      | $364700.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC.         | U.S. TREASURY BOND                                  | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       -800 | NC      | $-437500.00    | -0.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Simplify Aggregate Bond ETF                         | Simplify Aggregate Bond ETF                         | CUSIP: 82889N723<br>LEI: 549300B8RWCP96ER9S22 | Long             | EC               | RF                | US        |    3718254 | NS      | $77005040.34   | 10.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Simplify National Muni Bond ETF                     | Simplify National Muni Bond ETF                     | CUSIP: 82889N442<br>LEI: 529900353K7RNME76302 | Long             | EC               | RF                | US        |    1553376 | NS      | $39191676.48   | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplify Target 15 Distribution ETF                 | Simplify Target 15 Distribution ETF                 | CUSIP: 82889N350<br>LEI: 529900JQIPPXKF841S91 | Long             | EC               | RF                | US        |     974406 | NS      | $25924753.71   | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                       | United States Treasury Bill                         | CUSIP: 912797QS9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   24000000 | PA      | $23833813.44   | 3.22%             | 2025-12-04      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL                                       | United States Treasury Bill                         | CUSIP: 912797RE9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  103000000 | PA      | $102687910.00  | 13.87%            | 2025-10-28      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Simplify Barrier Income ETF                         | Simplify Barrier Income ETF                         | CUSIP: 82889N335<br>LEI: 529900TG4KRPU18D6A47 | Long             | EC               | RF                | US        |     273188 | NS      | $7173916.88    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                                       | United States Treasury Bill                         | CUSIP: 912797RP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  820000000 | PA      | $815641864.00  | 110.21%           | 2025-11-18      | None          | 0.00%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Simplify Exchange Traded Funds

**Signature:** Paul Kim

**Name of Signer:** Paul Kim

**Title:** Trustee & President