Simplify Risk Parity Treasury ETF (TYA) NPORT-P Simplify Multi-QIS Alternative ETF (Sep 2023 report)

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

September

30,

2023

(Unaudited)

1

Principal

Value

U.S.

Treasury

Bills

–

99

.3

%

U.S.

Treasury

Bill

,

5

.47

%

,

12/19/2023

(a)

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

$

112,000,000‌

$

110,714,473‌

U.S.

Treasury

Bill

,

5

.46

%

,

12/21/2023

(a)

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

6,500,000‌

6,423,390‌

U.S.

Treasury

Bill

,

5

.54

%

,

3/28/2024

(a)

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

1,900,000‌

1,850,108‌

Total

U.S.

Treasury

Bills

(Cost

$

118,962,224

)

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

118,987,971‌

Total

Investments

–

99.3%

(Cost

$

118,962,224

)

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

$

118,987,971‌

Other

Assets

in

Excess

of

Liabilities

–

0

.7

%

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

882,503‌

Net

Assets

–

100.0%

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

$

119,870,474‌

(a)

Represents

a

zero

coupon

bond.

Rate

shown

reflects

the

effective

yield.

At

September

30,

2023,

over

the

counter

total

return

swap

contracts

outstanding

were

as

follows:

Reference

Obligation/Index

Termination

Date(a)

Financing

Rate

Paid

(Received)

by

the

Fund

Counterparty

Notional

Amount

Unrealized

Appreciation/

(Depreciation)(b)

AIJPMTRS*

7/15/2024

–%(c)

JP

Morgan

(3,496,231)

$

7,041‌

BNPIDTRS*

7/15/2024

(0.66)%(c)

BNP

Paribas

(4,759,976)

(

34,129‌

)

BNPXDTRS*

7/15/2024

0.99%(c)

BNP

Paribas

(6,182,891)

70,422‌

BPMMMTRS*

7/15/2024

0.14%(c)

BNP

Paribas

(17,702,536)

21,003‌

GSISSTRS*

7/15/2024

–%(c)

Goldman

Sachs

(8,281,332)

25,660‌

GSIVVTRS*

7/15/2024

–%(c)

Goldman

Sachs

(11,584,332)

(

80,346‌

)

GSVIKTRS*

7/17/2024

–%(c)

Goldman

Sachs

(12,986,804)

(

101,922‌

)

GSVLFTRS*

7/15/2024

–%(c)

Goldman

Sachs

(8,432,662)

383,060‌

MQIS2TRS*

7/16/2024

–%(c)

Macquarie

Bank

(7,012,566)

–‌

MQIS6TRS*

7/16/2024

–%(c)

Macquarie

Bank

(11,706,409)

(

5,886‌

)

MQISBTRS*

7/16/2024

–%(c)

Macquarie

Bank

(17,891,457)

(

39,503‌

)

VMACBTRS*

7/16/2024

–%(c)

Macquarie

Bank

(8,431,752)

(

21,054‌

)

$

224,346‌

*

The

components

of

the

basket

shown

below.

(a)

The

Fund

pays/receives

annual

coupon

payments

in

accordance

with

the

swap

contract.

On

the

termination

date

of

the

swap

contract(s),

the

Fund

will

either

receive

from

or

pay

to

the

counterparty

an

amount

equal

to

the

net

of

the

accrued

financing

fees

and

the

value

of

the

reference

security

subtracted

from

the

original

notional

cost

(notional

multiplied

by

the

price

change

of

the

reference

security).

(b)

There

are

no

upfront

payments

on

the

swap

contracts,

therefore

the

unrealized

gain

(loss)

on

the

swap

contracts

is

equal

to

their

market

value.

(c)

Payments

made

quarterly.

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

AIJPMTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

JPM

2

L

MM

Fut

IdxUSD

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

$

509‌

—

—

100

.0

%

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

2

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

AIJPMTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUD

IRS

3y

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

$

(

3,283‌

)

—

—

1

.8

%

CAD

IRS

3y

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

(

7,618‌

)

—

—

4

.2

CHF

IRS

3y

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

(

1,989‌

)

—

—

1

.1

JPM

2

ED

MM

Fut

IdxUSD

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

(

26,528‌

)

—

—

14

.8

JPM

2

ER

MM

Fut

IdxUSD

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

(

31,343‌

)

—

—

17

.4

JPM

3

ED

MM

Fut

IdxUSD

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

(

22,715‌

)

—

—

12

.6

JPM

3

ER

MM

Fut

IdxUSD

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

(

25,269‌

)

—

—

14

.1

JPM

3

L

MM

Fut

IdxUSD

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

(

2,440‌

)

—

—

1

.4

JPM

4

ED

MM

Fut

IdxUSD

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

(

21,376‌

)

—

—

11

.9

JPM

4

ER

MM

Fut

IdxUSD

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

(

21,559‌

)

—

—

12

.0

JPM

4

L

MM

Fut

IdxUSD

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

(

2,434‌

)

—

—

1

.4

JPY

IRS

3y

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

(

7,153‌

)

—

—

4

.0

SEK

IRS

3y

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

(

6,047‌

)

—

—

3

.4

Total

(

179,754‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BNPIDTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

USD

Cash

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

$

5,564,380‌

—

—

100

.0

%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BNPIDTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CBOE

VIX

FUTURE  

Oct23

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

$

(

49,511‌

)

10/15/2023

—

100

.0

%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BNPXDTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRENT

CRUDE

FUTR  Dec23

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

$

16,063‌

12/1/2023

—

0

.0

%

BRENT

CRUDE

FUTR  Dec26

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

23,656‌

12/1/2026

—

0

.0

BRENT

CRUDE

FUTR  Feb24

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

24,217‌

2/1/2024

—

0

.0

BRENT

CRUDE

FUTR  Jan24

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

23,813‌

1/1/2024

—

0

.0

BRENT

CRUDE

FUTR  Mar24

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

12,321‌

3/1/2024

—

0

.0

GASOLINE

RBOB

FUT

Mar24

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

333,333‌

3/1/2024

—

0

.4

GOLD

100

OZ

FUTR  Dec23

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

1,820‌

12/1/2023

—

0

.0

LME

COPPER

FUTURE

Dec24

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

96‌

12/1/2024

—

0

.0

LME

COPPER

FUTURE

Dec25

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

238‌

12/1/2025

—

0

.0

LME

PRI

ALUM

FUTR

Dec24

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

495‌

12/1/2024

—

0

.0

LME

PRI

ALUM

FUTR

Jan24

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

516‌

1/1/2024

—

0

.0

LME

ZINC

FUTURE  

Dec23

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

73‌

12/1/2023

—

0

.0

Low

Su

Gasoil

G  

Apr24

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

853‌

4/1/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

3

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

Low

Su

Gasoil

G  

Dec23

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

$

795‌

12/1/2023

—

0

.0

%

Low

Su

Gasoil

G  

Dec25

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

805‌

12/1/2025

—

0

.0

Low

Su

Gasoil

G  

Nov23

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

710‌

11/1/2023

—

0

.0

NATURAL

GAS

FUTR  Apr24

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

370,943‌

4/1/2024

—

0

.5

NATURAL

GAS

FUTR  Dec24

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

59,390‌

12/1/2024

—

0

.1

NATURAL

GAS

FUTR  Feb24

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

576,630‌

2/1/2024

—

0

.8

NATURAL

GAS

FUTR  Nov23

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

231,256‌

11/1/2023

—

0

.3

NATURAL

GAS

FUTR  Oct24

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

148,225‌

10/1/2024

—

0

.2

NY

Harb

ULSD

Fut  Dec23

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

201,694‌

12/1/2023

—

0

.3

NY

Harb

ULSD

Fut  Jan24

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

206,146‌

1/1/2024

—

0

.3

NY

Harb

ULSD

Fut  Mar24

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

214,162‌

3/1/2024

—

0

.3

USD

Cash

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

72,707,556‌

—

—

96

.6

WTI

CRUDE

FUTURE  Dec23

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

3,683‌

12/1/2023

—

0

.0

WTI

CRUDE

FUTURE  Dec25

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

2,969‌

12/1/2025

—

0

.0

WTI

CRUDE

FUTURE  Dec26

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

35,070‌

12/1/2026

—

0

.1

WTI

CRUDE

FUTURE  Feb24

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

28,202‌

2/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Jan24

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

21,423‌

1/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Mar24

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

28,715‌

3/1/2024

—

0

.0

Total

75,275,868‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BNPXDTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRENT

CRUDE

FUTR  Aug24

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

$

(

25,680‌

)

8/1/2024

—

0

.0

%

BRENT

CRUDE

FUTR  Jan25

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

(

4,294‌

)

1/1/2025

—

0

.0

BRENT

CRUDE

FUTR  Jun24

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

(

25,314‌

)

6/1/2024

—

0

.0

BRENT

CRUDE

FUTR  Nov24

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

(

26,174‌

)

11/1/2024

—

0

.0

BRENT

CRUDE

FUTR  Sep24

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

(

21,676‌

)

9/1/2024

—

0

.0

GASOLINE

RBOB

FUT

Apr24

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

(

106,945‌

)

4/1/2024

—

0

.2

GASOLINE

RBOB

FUT

Dec23

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

(

2,615‌

)

12/1/2023

—

0

.0

GASOLINE

RBOB

FUT

Jan24

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

(

213,500‌

)

1/1/2024

—

0

.3

GASOLINE

RBOB

FUT

Nov23

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

(

1,532‌

)

11/1/2023

—

0

.0

GOLD

100

OZ

FUTR  Feb24

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

(

1,801‌

)

2/1/2024

—

0

.0

LME

COPPER

FUTURE

Feb24

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

(

49‌

)

2/1/2024

—

0

.0

LME

COPPER

FUTURE

Jan24

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

(

172‌

)

1/1/2024

—

0

.0

LME

COPPER

FUTURE

Jun24

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

(

120‌

)

6/1/2024

—

0

.0

LME

COPPER

FUTURE

Mar24

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

(

1‌

)

3/1/2024

—

0

.0

LME

PRI

ALUM

FUTR

Dec23

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

(

525‌

)

12/1/2023

—

0

.0

LME

PRI

ALUM

FUTR

Feb24

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

(

204‌

)

2/1/2024

—

0

.0

LME

PRI

ALUM

FUTR

Nov23

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

(

314‌

)

11/1/2023

—

0

.0

LME

ZINC

FUTURE  

Nov23

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

(

73‌

)

11/1/2023

—

0

.0

Low

Su

Gasoil

G  

Dec24

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

(

346‌

)

12/1/2024

—

0

.0

Low

Su

Gasoil

G  

Feb24

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

(

824‌

)

2/1/2024

—

0

.0

Low

Su

Gasoil

G  

Jan24

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

(

810‌

)

1/1/2024

—

0

.0

Low

Su

Gasoil

G  

Jun24

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

(

869‌

)

6/1/2024

—

0

.0

Low

Su

Gasoil

G  

Mar24

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

(

319‌

)

3/1/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

4

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

NATURAL

GAS

FUTR  Dec23

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

$

(

474,035‌

)

12/1/2023

—

0

.7

%

NATURAL

GAS

FUTR  Jan24

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

(

546,798‌

)

1/1/2024

—

0

.8

NATURAL

GAS

FUTR  Mar24

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

(

197,591‌

)

3/1/2024

—

0

.3

NATURAL

GAS

FUTR  May24

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

(

129,445‌

)

5/1/2024

—

0

.2

NY

Harb

ULSD

Fut  Apr24

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

(

219,826‌

)

4/1/2024

—

0

.3

NY

Harb

ULSD

Fut  Dec24

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

(

149,547‌

)

12/1/2024

—

0

.2

NY

Harb

ULSD

Fut  Feb24

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

(

26,587‌

)

2/1/2024

—

0

.0

NY

Harb

ULSD

Fut  Jun24

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

(

54,760‌

)

6/1/2024

—

0

.1

NY

Harb

ULSD

Fut  Nov23

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

(

192,245‌

)

11/1/2023

—

0

.3

USD

Cash

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

(

66,451,150‌

)

—

—

96

.3

WTI

CRUDE

FUTURE  Aug24

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

(

254‌

)

8/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Dec24

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

(

31,174‌

)

12/1/2024

—

0

.1

WTI

CRUDE

FUTURE  Jun24

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

(

29,812‌

)

6/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Nov24

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

(

31,002‌

)

11/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Sep24

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

(

30,322‌

)

9/1/2024

—

0

.0

Total

(

68,998,705‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BPMMMTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

EUR

Cash

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

$

63,422,532‌

—

—

43

.2

%

USD

Cash

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

83,416,627‌

—

—

56

.8

Total

146,839,159‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

BPMMMTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

3

MONTH

SOFR

FUT  Dec23

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

$

(

173,091‌

)

12/1/2023

—

12

.8

%

3

MONTH

SOFR

FUT  Jun24

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

(

173,091‌

)

6/1/2024

—

12

.8

3

MONTH

SOFR

FUT  Mar24

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

(

173,091‌

)

3/1/2024

—

12

.8

3

MONTH

SOFR

FUT  Sep24

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

(

173,092‌

)

9/1/2024

—

12

.8

3MO

EURO

EURIBOR  Dec23

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

(

164,888‌

)

12/1/2023

—

12

.2

3MO

EURO

EURIBOR  Jun24

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

(

164,888‌

)

6/1/2024

—

12

.2

3MO

EURO

EURIBOR  Mar24

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

(

164,889‌

)

3/1/2024

—

12

.2

3MO

EURO

EURIBOR  Sep24

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

(

164,888‌

)

9/1/2024

—

12

.2

Total

(

1,351,918‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSISSTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_15Dec23_C_4400

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

$

1,652,170‌

12/15/2023

—

2

.2

%

SPX_15Dec23_C_4415

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

129,809‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4445

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

825,844‌

12/15/2023

—

1

.1

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

5

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_15Dec23_C_4455

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

$

112,839‌

12/15/2023

—

0

.2

%

SPX_15Dec23_C_4460

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

118,234‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4525

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

100,014‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4530

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

120,986‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4540

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

205,531‌

12/15/2023

—

0

.3

SPX_15Dec23_C_4550

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

110,417‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4560

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

222,638‌

12/15/2023

—

0

.3

SPX_15Dec23_C_4565

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

93,515‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4570

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

87,744‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4575

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

245,889‌

12/15/2023

—

0

.3

SPX_15Dec23_C_4580

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

117,896‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4585

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

140,888‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4590

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

397,317‌

12/15/2023

—

0

.5

SPX_15Dec23_C_4595

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

147,846‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4600

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

79,641‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4605

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

134,305‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4615

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

140,821‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4625

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

112,345‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4630

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

193,089‌

12/15/2023

—

0

.3

SPX_15Dec23_C_4640

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

238,704‌

12/15/2023

—

0

.3

SPX_15Dec23_C_4650

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

354,087‌

12/15/2023

—

0

.5

SPX_15Dec23_C_4660

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

115,149‌

12/15/2023

—

0

.2

SPX_15Dec23_C_4670

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

53,801‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4680

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

41,600‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4690

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

85,351‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4710

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

18,627‌

12/15/2023

—

0

.0

SPX_15Dec23_C_4720

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

3,603‌

12/15/2023

—

0

.0

SPX_15Dec23_C_4730

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

7,203‌

12/15/2023

—

0

.0

SPX_15Dec23_C_4740

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

13,969‌

12/15/2023

—

0

.0

SPX_15Dec23_C_4750

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

40,511‌

12/15/2023

—

0

.1

SPX_15Dec23_C_4760

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

46,611‌

12/15/2023

—

0

.1

SPX_15Dec23_P_2500

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

261,634‌

12/15/2023

—

0

.3

SPX_15Dec23_P_2550

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

388,762‌

12/15/2023

—

0

.5

SPX_15Dec23_P_2575

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

431,033‌

12/15/2023

—

0

.6

SPX_15Dec23_P_2600

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

852,819‌

12/15/2023

—

1

.1

SPX_15Dec23_P_2625

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

876,432‌

12/15/2023

—

1

.2

SPX_15Dec23_P_2650

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

200,769‌

12/15/2023

—

0

.3

SPX_15Dec23_P_2675

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

413,806‌

12/15/2023

—

0

.5

SPX_15Dec23_P_2700

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

234,234‌

12/15/2023

—

0

.3

SPX_15Dec23_P_2725

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

767,200‌

12/15/2023

—

1

.0

SPX_15Dec23_P_2800

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

619,429‌

12/15/2023

—

0

.8

SPX_15Dec23_P_2850

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

559,842‌

12/15/2023

—

0

.7

SPX_15Dec23_P_2875

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

1,049,804‌

12/15/2023

—

1

.4

SPX_15Dec23_P_2900

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

1,037,184‌

12/15/2023

—

1

.4

SPX_15Dec23_P_2925

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

976,904‌

12/15/2023

—

1

.3

SPX_15Dec23_P_2950

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

958,000‌

12/15/2023

—

1

.3

SPX_15Dec23_P_2975

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

912,554‌

12/15/2023

—

1

.2

SPX_15Dec23_P_3000

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

1,022,199‌

12/15/2023

—

1

.3

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

6

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_15Dec23_P_3025

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

$

230,280‌

12/15/2023

—

0

.3

%

SPX_15Dec23_P_3050

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

518,431‌

12/15/2023

—

0

.7

SPX_16Feb24_C_4470

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

58,300‌

2/16/2024

—

0

.1

SPX_16Feb24_C_4490

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

32,452‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4510

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

18,846‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4525

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

15,387‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4530

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

21,780‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4590

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

11,113‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4600

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

15,680‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4620

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

7,704‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4630

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

27,683‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4640

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

35,646‌

2/16/2024

—

0

.1

SPX_16Feb24_C_4650

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

55,393‌

2/16/2024

—

0

.1

SPX_16Feb24_C_4660

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

152,422‌

2/16/2024

—

0

.2

SPX_16Feb24_C_4675

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

29,262‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4690

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

34,842‌

2/16/2024

—

0

.1

SPX_16Feb24_C_4700

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

30,640‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4710

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

26,168‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4720

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

39,561‌

2/16/2024

—

0

.1

SPX_16Feb24_C_4725

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

23,337‌

2/16/2024

—

0

.0

SPX_16Feb24_C_4730

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

19,554‌

2/16/2024

—

0

.0

SPX_16Feb24_P_2200

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

26,143‌

2/16/2024

—

0

.0

SPX_16Feb24_P_2300

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

70,953‌

2/16/2024

—

0

.1

SPX_16Feb24_P_2350

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

105,697‌

2/16/2024

—

0

.1

SPX_16Feb24_P_2400

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

115,627‌

2/16/2024

—

0

.2

SPX_16Feb24_P_2500

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

308,068‌

2/16/2024

—

0

.4

SPX_16Feb24_P_2550

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

412,066‌

2/16/2024

—

0

.5

SPX_16Feb24_P_2600

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

508,165‌

2/16/2024

—

0

.7

SPX_16Feb24_P_2650

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

75,749‌

2/16/2024

—

0

.1

SPX_17Nov23_C_4365

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

1,150,042‌

11/17/2023

—

1

.5

SPX_17Nov23_C_4370

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

1,452,967‌

11/17/2023

—

1

.9

SPX_17Nov23_C_4385

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

97,357‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4415

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

1,296,106‌

11/17/2023

—

1

.7

SPX_17Nov23_C_4425

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

123,097‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4430

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

112,011‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4495

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

116,683‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4525

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

14,702‌

11/17/2023

—

0

.0

SPX_17Nov23_C_4530

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

279,302‌

11/17/2023

—

0

.4

SPX_17Nov23_C_4535

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

116,453‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4540

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

699,515‌

11/17/2023

—

0

.9

SPX_17Nov23_C_4545

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

120,251‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4550

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

171,265‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4555

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

159,264‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4560

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

698,663‌

11/17/2023

—

0

.9

SPX_17Nov23_C_4570

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

153,062‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4575

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

347,501‌

11/17/2023

—

0

.5

SPX_17Nov23_C_4580

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

39,169‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4585

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

156,790‌

11/17/2023

—

0

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

7

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_17Nov23_C_4595

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

$

122,558‌

11/17/2023

—

0

.2

%

SPX_17Nov23_C_4600

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

155,001‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4605

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

274,076‌

11/17/2023

—

0

.4

SPX_17Nov23_C_4610

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

182,647‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4615

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

137,782‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4620

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

300,027‌

11/17/2023

—

0

.4

SPX_17Nov23_C_4625

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

302,761‌

11/17/2023

—

0

.4

SPX_17Nov23_C_4630

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

182,438‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4640

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

100,704‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4650

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

133,384‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4660

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

147,723‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4665

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

129,847‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4670

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

48,075‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4675

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

54,738‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4680

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

80,754‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4690

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

147,246‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4700

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

74,435‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4710

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

131,706‌

11/17/2023

—

0

.2

SPX_17Nov23_C_4720

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

220,817‌

11/17/2023

—

0

.3

SPX_17Nov23_C_4725

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

78,138‌

11/17/2023

—

0

.1

SPX_17Nov23_C_4730

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

80,722‌

11/17/2023

—

0

.1

SPX_17Nov23_P_2450

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

133,754‌

11/17/2023

—

0

.2

SPX_17Nov23_P_2500

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

30,293‌

11/17/2023

—

0

.0

SPX_17Nov23_P_2550

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

267,798‌

11/17/2023

—

0

.4

SPX_17Nov23_P_2600

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

241,229‌

11/17/2023

—

0

.3

SPX_17Nov23_P_2625

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

192,111‌

11/17/2023

—

0

.3

SPX_17Nov23_P_2650

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

167,388‌

11/17/2023

—

0

.2

SPX_17Nov23_P_2700

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

739,074‌

11/17/2023

—

1

.0

SPX_17Nov23_P_2725

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

793,738‌

11/17/2023

—

1

.0

SPX_17Nov23_P_2750

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

1,304,124‌

11/17/2023

—

1

.7

SPX_17Nov23_P_2775

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

1,499,868‌

11/17/2023

—

2

.0

SPX_17Nov23_P_2800

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

1,448,381‌

11/17/2023

—

1

.9

SPX_17Nov23_P_2825

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

670,873‌

11/17/2023

—

0

.9

SPX_17Nov23_P_2850

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

217,332‌

11/17/2023

—

0

.3

SPX_17Nov23_P_2875

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

558,755‌

11/17/2023

—

0

.7

SPX_17Nov23_P_2900

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

872,931‌

11/17/2023

—

1

.1

SPX_17Nov23_P_2925

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

362,148‌

11/17/2023

—

0

.5

SPX_17Nov23_P_2975

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

291,803‌

11/17/2023

—

0

.4

SPX_17Nov23_P_3025

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

358,908‌

11/17/2023

—

0

.5

SPX_17Nov23_P_3050

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

262,237‌

11/17/2023

—

0

.3

SPX_17Nov23_P_3075

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

301,710‌

11/17/2023

—

0

.4

SPX_17Nov23_P_3100

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

1,915,334‌

11/17/2023

—

2

.5

SPX_17Nov23_P_3150

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

1,288,624‌

11/17/2023

—

1

.7

SPX_17Nov23_P_3200

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

391,928‌

11/17/2023

—

0

.5

SPX_17Nov23_P_3225

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

1,000,578‌

11/17/2023

—

1

.3

SPX_17Nov23_P_3275

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

585,104‌

11/17/2023

—

0

.8

SPX_19Jan24_C_4440

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

590,570‌

1/19/2024

—

0

.8

SPX_19Jan24_C_4455

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

91,948‌

1/19/2024

—

0

.1

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

8

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_19Jan24_C_4480

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

$

236,647‌

1/19/2024

—

0

.3

%

SPX_19Jan24_C_4495

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

82,065‌

1/19/2024

—

0

.1

SPX_19Jan24_C_4500

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

85,046‌

1/19/2024

—

0

.1

SPX_19Jan24_C_4565

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

73,159‌

1/19/2024

—

0

.1

SPX_19Jan24_C_4600

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

68,813‌

1/19/2024

—

0

.1

SPX_19Jan24_P_2500

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

237,447‌

1/19/2024

—

0

.3

SPX_19Jan24_P_2550

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

229,457‌

1/19/2024

—

0

.3

SPX_19Jan24_P_2650

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

835,714‌

1/19/2024

—

1

.1

SPX_19Jan24_P_2750

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

179,039‌

1/19/2024

—

0

.2

SPX_19Jan24_P_2800

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

169,451‌

1/19/2024

—

0

.2

SPX_20Oct23_C_4330

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

980,329‌

10/20/2023

—

1

.3

SPX_20Oct23_C_4335

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

1,375,264‌

10/20/2023

—

1

.8

SPX_20Oct23_C_4380

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

1,442,462‌

10/20/2023

—

1

.9

SPX_20Oct23_C_4510

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

849,747‌

10/20/2023

—

1

.1

SPX_20Oct23_C_4515

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

71,892‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4520

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

257,447‌

10/20/2023

—

0

.3

SPX_20Oct23_C_4525

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

81,672‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4530

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

393,902‌

10/20/2023

—

0

.5

SPX_20Oct23_C_4535

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

155,643‌

10/20/2023

—

0

.2

SPX_20Oct23_C_4540

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

54,022‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4545

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

619,505‌

10/20/2023

—

0

.8

SPX_20Oct23_C_4550

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

86,167‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4555

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

26,132‌

10/20/2023

—

0

.0

SPX_20Oct23_C_4570

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

284,967‌

10/20/2023

—

0

.4

SPX_20Oct23_C_4575

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

279,428‌

10/20/2023

—

0

.4

SPX_20Oct23_C_4580

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

335,501‌

10/20/2023

—

0

.4

SPX_20Oct23_C_4585

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

155,200‌

10/20/2023

—

0

.2

SPX_20Oct23_C_4590

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

435,061‌

10/20/2023

—

0

.6

SPX_20Oct23_C_4595

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

377,798‌

10/20/2023

—

0

.5

SPX_20Oct23_C_4600

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

78,054‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4610

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

146,228‌

10/20/2023

—

0

.2

SPX_20Oct23_C_4615

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

229,458‌

10/20/2023

—

0

.3

SPX_20Oct23_C_4630

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

448,459‌

10/20/2023

—

0

.6

SPX_20Oct23_C_4640

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

77,454‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4650

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

81,194‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4655

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

111,921‌

10/20/2023

—

0

.2

SPX_20Oct23_C_4660

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

197,128‌

10/20/2023

—

0

.3

SPX_20Oct23_C_4675

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

100,847‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4680

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

81,718‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4685

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

206,114‌

10/20/2023

—

0

.3

SPX_20Oct23_C_4690

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

202,518‌

10/20/2023

—

0

.3

SPX_20Oct23_C_4695

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

108,919‌

10/20/2023

—

0

.1

SPX_20Oct23_C_4705

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

113,251‌

10/20/2023

—

0

.2

SPX_20Oct23_P_2100

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

227,394‌

10/20/2023

—

0

.3

SPX_20Oct23_P_2200

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

298,609‌

10/20/2023

—

0

.4

SPX_20Oct23_P_2300

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

117,277‌

10/20/2023

—

0

.2

SPX_20Oct23_P_2400

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

256,456‌

10/20/2023

—

0

.3

SPX_20Oct23_P_2450

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

292,100‌

10/20/2023

—

0

.4

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

9

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_20Oct23_P_2500

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

$

512,715‌

10/20/2023

—

0

.7

%

SPX_20Oct23_P_2550

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

390,825‌

10/20/2023

—

0

.5

SPX_20Oct23_P_2600

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

349,615‌

10/20/2023

—

0

.5

SPX_20Oct23_P_2650

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

813,538‌

10/20/2023

—

1

.1

SPX_20Oct23_P_2700

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

454,964‌

10/20/2023

—

0

.6

SPX_20Oct23_P_2750

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

721,710‌

10/20/2023

—

1

.0

SPX_20Oct23_P_2775

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

540,938‌

10/20/2023

—

0

.7

SPX_20Oct23_P_2800

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

287,380‌

10/20/2023

—

0

.4

SPX_20Oct23_P_2825

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

475,277‌

10/20/2023

—

0

.6

SPX_20Oct23_P_2850

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

244,700‌

10/20/2023

—

0

.3

SPX_20Oct23_P_2875

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

313,178‌

10/20/2023

—

0

.4

SPX_20Oct23_P_2900

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

693,451‌

10/20/2023

—

0

.9

SPX_20Oct23_P_2925

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

801,026‌

10/20/2023

—

1

.1

SPX_20Oct23_P_2950

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

661,157‌

10/20/2023

—

0

.9

SPX_20Oct23_P_2975

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

839,975‌

10/20/2023

—

1

.1

SPX_20Oct23_P_3000

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

1,714,794‌

10/20/2023

—

2

.3

SPX_20Oct23_P_3025

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

442,014‌

10/20/2023

—

0

.6

SPX_20Oct23_P_3050

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

434,771‌

10/20/2023

—

0

.6

SPX_20Oct23_P_3075

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

858,047‌

10/20/2023

—

1

.1

SPX_20Oct23_P_3100

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

370,436‌

10/20/2023

—

0

.5

SPX_20Oct23_P_3125

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

626,819‌

10/20/2023

—

0

.8

SPX_20Oct23_P_3175

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

1,235,102‌

10/20/2023

—

1

.6

SPX_20Oct23_P_3225

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

320,995‌

10/20/2023

—

0

.4

SPX_20Oct23_P_3325

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

287,126‌

10/20/2023

—

0

.4

Total

76,291,497‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSISSTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_15Dec23_Fwd_4300

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

$

(

4,266,855‌

)

12/15/2023

—

6

.9

%

SPX_15Dec23_P_3890

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

(

331,854‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_3910

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

(

583,967‌

)

12/15/2023

—

1

.0

SPX_15Dec23_P_3920

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

(

263,625‌

)

12/15/2023

—

0

.4

SPX_15Dec23_P_3940

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

(

306,492‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_3950

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

(

820,761‌

)

12/15/2023

—

1

.3

SPX_15Dec23_P_3960

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

(

268,734‌

)

12/15/2023

—

0

.4

SPX_15Dec23_P_3970

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

(

283,274‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_3975

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

(

276,568‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_3990

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

(

788,862‌

)

12/15/2023

—

1

.3

SPX_15Dec23_P_4010

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

(

658,652‌

)

12/15/2023

—

1

.1

SPX_15Dec23_P_4020

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

(

166,246‌

)

12/15/2023

—

0

.3

SPX_15Dec23_P_4025

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

(

172,705‌

)

12/15/2023

—

0

.3

SPX_15Dec23_P_4030

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

(

297,096‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_4040

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

(

251,139‌

)

12/15/2023

—

0

.4

SPX_15Dec23_P_4050

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

(

96,700‌

)

12/15/2023

—

0

.2

SPX_15Dec23_P_4060

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

(

179,760‌

)

12/15/2023

—

0

.3

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

10

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_15Dec23_P_4070

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

$

(

371,623‌

)

12/15/2023

—

0

.6

%

SPX_15Dec23_P_4090

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

(

400,234‌

)

12/15/2023

—

0

.7

SPX_15Dec23_P_4100

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

(

345,993‌

)

12/15/2023

—

0

.6

SPX_15Dec23_P_4105

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

(

349,407‌

)

12/15/2023

—

0

.6

SPX_15Dec23_P_4110

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

(

734,394‌

)

12/15/2023

—

1

.2

SPX_15Dec23_P_4120

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

(

898,072‌

)

12/15/2023

—

1

.5

SPX_15Dec23_P_4125

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

(

326,607‌

)

12/15/2023

—

0

.5

SPX_15Dec23_P_4130

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

(

28,064‌

)

12/15/2023

—

0

.1

SPX_15Dec23_P_4135

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

(

366,405‌

)

12/15/2023

—

0

.6

SPX_15Dec23_P_4140

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

(

350,687‌

)

12/15/2023

—

0

.6

SPX_15Dec23_P_4145

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

(

1,387,443‌

)

12/15/2023

—

2

.3

SPX_15Dec23_P_4150

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

(

75,210‌

)

12/15/2023

—

0

.1

SPX_15Dec23_P_4160

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

(

348,478‌

)

12/15/2023

—

0

.6

SPX_15Dec23_P_4170

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

(

63,833‌

)

12/15/2023

—

0

.1

SPX_15Dec23_P_4185

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

(

518,431‌

)

12/15/2023

—

0

.8

SPX_16Feb24_Fwd_4300

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

(

480,236‌

)

2/16/2024

—

0

.8

SPX_16Feb24_P_3790

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

(

68,659‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3810

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

(

73,754‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3825

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

(

6,646‌

)

2/16/2024

—

0

.0

SPX_16Feb24_P_3840

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

(

78,853‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3860

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

(

33,075‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3870

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

(

65,023‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3875

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

(

50,717‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3890

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

(

52,830‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3900

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

(

37,038‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3925

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

(

24,875‌

)

2/16/2024

—

0

.0

SPX_16Feb24_P_3940

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

(

41,873‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_3970

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

(

27,196‌

)

2/16/2024

—

0

.0

SPX_16Feb24_P_3990

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

(

80,103‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_4010

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

(

156,540‌

)

2/16/2024

—

0

.3

SPX_16Feb24_P_4020

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

(

246,669‌

)

2/16/2024

—

0

.4

SPX_16Feb24_P_4025

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

(

96,204‌

)

2/16/2024

—

0

.2

SPX_16Feb24_P_4030

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

(

96,989‌

)

2/16/2024

—

0

.2

SPX_16Feb24_P_4040

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

(

65,088‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_4050

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

(

187,178‌

)

2/16/2024

—

0

.3

SPX_16Feb24_P_4060

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

(

57,409‌

)

2/16/2024

—

0

.1

SPX_16Feb24_P_4080

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

(

75,750‌

)

2/16/2024

—

0

.1

SPX_17Nov23_Fwd_4300

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

(

5,446,261‌

)

11/17/2023

—

8

.9

SPX_17Nov23_P_3880

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

(

48,251‌

)

11/17/2023

—

0

.1

SPX_17Nov23_P_3890

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

(

39,039‌

)

11/17/2023

—

0

.1

SPX_17Nov23_P_3910

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

(

23,329‌

)

11/17/2023

—

0

.0

SPX_17Nov23_P_3925

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

(

15,705‌

)

11/17/2023

—

0

.0

SPX_17Nov23_P_3930

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

(

30,293‌

)

11/17/2023

—

0

.1

SPX_17Nov23_P_3940

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

(

52,511‌

)

11/17/2023

—

0

.1

SPX_17Nov23_P_3950

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

(

7,431‌

)

11/17/2023

—

0

.0

SPX_17Nov23_P_3960

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

(

810,274‌

)

11/17/2023

—

1

.3

SPX_17Nov23_P_3970

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

(

103,770‌

)

11/17/2023

—

0

.2

SPX_17Nov23_P_3975

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

(

410,884‌

)

11/17/2023

—

0

.7

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

11

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_17Nov23_P_3980

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

$

(

380,065‌

)

11/17/2023

—

0

.6

%

SPX_17Nov23_P_4000

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

(

379,256‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4010

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

(

668,360‌

)

11/17/2023

—

1

.1

SPX_17Nov23_P_4020

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

(

794,107‌

)

11/17/2023

—

1

.3

SPX_17Nov23_P_4030

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

(

358,669‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4035

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

(

301,710‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4040

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

(

375,584‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4050

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

(

631,383‌

)

11/17/2023

—

1

.0

SPX_17Nov23_P_4055

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

(

271,699‌

)

11/17/2023

—

0

.4

SPX_17Nov23_P_4060

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

(

274,515‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4070

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

(

1,271,001‌

)

11/17/2023

—

2

.1

SPX_17Nov23_P_4075

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

(

291,617‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4090

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

(

545,776‌

)

11/17/2023

—

0

.9

SPX_17Nov23_P_4095

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

(

358,908‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4100

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

(

247,121‌

)

11/17/2023

—

0

.4

SPX_17Nov23_P_4110

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

(

816,225‌

)

11/17/2023

—

1

.3

SPX_17Nov23_P_4120

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

(

332,849‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4125

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

(

140,684‌

)

11/17/2023

—

0

.2

SPX_17Nov23_P_4130

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

(

190,676‌

)

11/17/2023

—

0

.3

SPX_17Nov23_P_4135

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

(

285,556‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4140

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

(

408,754‌

)

11/17/2023

—

0

.7

SPX_17Nov23_P_4145

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

(

396,700‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4160

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

(

683,434‌

)

11/17/2023

—

1

.1

SPX_17Nov23_P_4165

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

(

391,928‌

)

11/17/2023

—

0

.6

SPX_17Nov23_P_4170

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

(

1,830,169‌

)

11/17/2023

—

3

.0

SPX_17Nov23_P_4180

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

(

925,354‌

)

11/17/2023

—

1

.5

SPX_17Nov23_P_4185

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

(

286,764‌

)

11/17/2023

—

0

.5

SPX_17Nov23_P_4190

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

(

515,673‌

)

11/17/2023

—

0

.8

SPX_19Jan24_Fwd_4300

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

(

717,408‌

)

1/19/2024

—

1

.2

SPX_19Jan24_P_3830

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

(

237,447‌

)

1/19/2024

—

0

.4

SPX_19Jan24_P_3850

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

(

229,457‌

)

1/19/2024

—

0

.4

SPX_19Jan24_P_3890

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

(

223,416‌

)

1/19/2024

—

0

.4

SPX_19Jan24_P_3910

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

(

204,868‌

)

1/19/2024

—

0

.3

SPX_19Jan24_P_3920

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

(

201,140‌

)

1/19/2024

—

0

.3

SPX_19Jan24_P_3930

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

(

206,290‌

)

1/19/2024

—

0

.3

SPX_19Jan24_P_4010

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

(

179,039‌

)

1/19/2024

—

0

.3

SPX_19Jan24_P_4060

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

(

169,451‌

)

1/19/2024

—

0

.3

SPX_20Oct23_Fwd_4300

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

(

3,556,175‌

)

10/20/2023

—

5

.8

SPX_20Oct23_P_3580

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

(

63,543‌

)

10/20/2023

—

0

.1

SPX_20Oct23_P_3620

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

(

45,225‌

)

10/20/2023

—

0

.1

SPX_20Oct23_P_3625

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

(

76,101‌

)

10/20/2023

—

0

.1

SPX_20Oct23_P_3670

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

(

28,529‌

)

10/20/2023

—

0

.1

SPX_20Oct23_P_3675

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

(

13,996‌

)

10/20/2023

—

0

.0

SPX_20Oct23_P_3690

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

(

200,171‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3700

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

(

98,439‌

)

10/20/2023

—

0

.2

SPX_20Oct23_P_3750

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

(

117,277‌

)

10/20/2023

—

0

.2

SPX_20Oct23_P_3820

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

(

135,132‌

)

10/20/2023

—

0

.2

SPX_20Oct23_P_3825

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

(

121,324‌

)

10/20/2023

—

0

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

12

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPX_20Oct23_P_3840

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

$

(

152,250‌

)

10/20/2023

—

0

.3

%

SPX_20Oct23_P_3850

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

(

139,850‌

)

10/20/2023

—

0

.2

SPX_20Oct23_P_3875

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

(

159,378‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3880

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

(

170,339‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3920

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

(

182,998‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3925

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

(

210,750‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3940

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

(

208,728‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3950

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

(

192,327‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3960

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

(

400,013‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_3975

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

(

192,544‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_3980

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

(

213,048‌

)

10/20/2023

—

0

.4

SPX_20Oct23_P_3990

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

(

241,916‌

)

10/20/2023

—

0

.4

SPX_20Oct23_P_4000

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

(

175,989‌

)

10/20/2023

—

0

.3

SPX_20Oct23_P_4010

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

(

677,154‌

)

10/20/2023

—

1

.1

SPX_20Oct23_P_4020

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

(

218,183‌

)

10/20/2023

—

0

.4

SPX_20Oct23_P_4025

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

(

775,024‌

)

10/20/2023

—

1

.3

SPX_20Oct23_P_4030

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

(

289,180‌

)

10/20/2023

—

0

.5

SPX_20Oct23_P_4045

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

(

478,512‌

)

10/20/2023

—

0

.8

SPX_20Oct23_P_4070

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

(

1,364,325‌

)

10/20/2023

—

2

.2

SPX_20Oct23_P_4080

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

(

652,344‌

)

10/20/2023

—

1

.1

SPX_20Oct23_P_4085

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

(

442,112‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_4090

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

(

244,700‌

)

10/20/2023

—

0

.4

SPX_20Oct23_P_4110

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

(

442,014‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_4115

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

(

386,789‌

)

10/20/2023

—

0

.6

SPX_20Oct23_P_4120

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

(

634,172‌

)

10/20/2023

—

1

.0

SPX_20Oct23_P_4125

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

(

400,644‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_4130

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

(

406,378‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_4140

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

(

1,669,873‌

)

10/20/2023

—

2

.7

SPX_20Oct23_P_4145

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

(

361,463‌

)

10/20/2023

—

0

.6

SPX_20Oct23_P_4155

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

(

440,132‌

)

10/20/2023

—

0

.7

SPX_20Oct23_P_4160

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

(

935,405‌

)

10/20/2023

—

1

.5

SPX_20Oct23_P_4165

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

(

287,126‌

)

10/20/2023

—

0

.5

SPX_20Oct23_P_4175

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

(

310,173‌

)

10/20/2023

—

0

.5

SPX_20Oct23_P_4180

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

(

626,819‌

)

10/20/2023

—

1

.0

Total

(

61,530,241‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSIVVTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

VIX_15Nov23_C_47.5

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

$

27,175‌

11/15/2023

—

0

.8

%

VIX_15Nov23_C_50

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

44,069‌

11/15/2023

—

1

.2

VIX_15Nov23_C_55

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

40,700‌

11/15/2023

—

1

.1

VIX_15Nov23_C_60

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

94,864‌

11/15/2023

—

2

.7

VIX_15Nov23_C_65

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

60,907‌

11/15/2023

—

1

.7

VIX_15Nov23_C_70

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

16,877‌

11/15/2023

—

0

.5

VIX_18Oct23_C_33

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

68,302‌

10/18/2023

—

1

.9

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

13

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

VIX_18Oct23_C_34

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

$

104,144‌

10/18/2023

—

2

.9

%

VIX_18Oct23_C_35

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

51,979‌

10/18/2023

—

1

.5

VIX_18Oct23_C_36

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

234,874‌

10/18/2023

—

6

.6

VIX_18Oct23_C_37

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

205,727‌

10/18/2023

—

5

.8

VIX_18Oct23_C_38

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

161,667‌

10/18/2023

—

4

.5

VIX_18Oct23_C_39

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

219,245‌

10/18/2023

—

6

.1

VIX_18Oct23_C_40

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

257,817‌

10/18/2023

—

7

.2

VIX_18Oct23_C_42.5

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

646,690‌

10/18/2023

—

18

.1

VIX_18Oct23_C_45

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

416,439‌

10/18/2023

—

11

.6

VIX_18Oct23_C_47.5

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

327,787‌

10/18/2023

—

9

.2

VIX_18Oct23_C_50

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

254,825‌

10/18/2023

—

7

.1

VIX_18Oct23_C_55

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

159,219‌

10/18/2023

—

4

.5

VIX_18Oct23_C_60

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

69,921‌

10/18/2023

—

2

.0

VIX_18Oct23_C_65

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

34,880‌

10/18/2023

—

1

.0

VIX_18Oct23_C_70

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

48,892‌

10/18/2023

—

1

.4

VIX_18Oct23_C_75

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

16,265‌

10/18/2023

—

0

.5

VIX_18Oct23_C_80

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

6,969‌

10/18/2023

—

0

.2

VIX_18Oct23_C_85

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

6,960‌

10/18/2023

—

0

.2

Total

3,577,194‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSIVVTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CBOE

VIX

FUTURE  

Oct23

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

$

(

4,889‌

)

10/15/2023

—

0

.1

%

EqSp

-VX-X23

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

(

66,531‌

)

11/15/2023

—

0

.9

VIX

10/18/23

C16

Index

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

(

117,970‌

)

10/18/2023

—

1

.6

VIX_15Nov23_C_18

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

(

3,411‌

)

11/15/2023

—

0

.1

VIX_15Nov23_C_19

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

(

3,411‌

)

11/15/2023

—

0

.1

VIX_15Nov23_C_20

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

(

54,254‌

)

11/15/2023

—

0

.8

VIX_15Nov23_C_21

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

(

94,864‌

)

11/15/2023

—

1

.3

VIX_15Nov23_C_22

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

(

74,575‌

)

11/15/2023

—

1

.0

VIX_15Nov23_C_23

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

(

37,198‌

)

11/15/2023

—

0

.5

VIX_15Nov23_C_24

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

(

16,877‌

)

11/15/2023

—

0

.2

VIX_15Nov23_P_16

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

(

6,823‌

)

11/15/2023

—

0

.1

VIX_15Nov23_P_17

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

(

88,211‌

)

11/15/2023

—

1

.2

VIX_15Nov23_P_18

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

(

135,482‌

)

11/15/2023

—

1

.9

VIX_15Nov23_P_19

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

(

37,198‌

)

11/15/2023

—

0

.5

VIX_15Nov23_P_20

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

(

16,877‌

)

11/15/2023

—

0

.2

VIX_18Oct23_C_17

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

(

617,607‌

)

10/18/2023

—

8

.6

VIX_18Oct23_C_18

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

(

826,193‌

)

10/18/2023

—

11

.4

VIX_18Oct23_C_19

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

(

799,599‌

)

10/18/2023

—

11

.1

VIX_18Oct23_C_20

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

(

468,498‌

)

10/18/2023

—

6

.5

VIX_18Oct23_C_21

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

(

272,450‌

)

10/18/2023

—

3

.8

VIX_18Oct23_C_22

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

(

113,524‌

)

10/18/2023

—

1

.6

VIX_18Oct23_C_23

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

(

51,186‌

)

10/18/2023

—

0

.7

VIX_18Oct23_C_24

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

(

20,940‌

)

10/18/2023

—

0

.3

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

14

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

VIX_18Oct23_C_25

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

$

(

4,635‌

)

10/18/2023

—

0

.1

%

VIX_18Oct23_P_14.5

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

(

117,970‌

)

10/18/2023

—

1

.6

VIX_18Oct23_P_15

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

(

883,715‌

)

10/18/2023

—

12

.2

VIX_18Oct23_P_16

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

(

1,069,007‌

)

10/18/2023

—

14

.8

VIX_18Oct23_P_17

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

(

697,457‌

)

10/18/2023

—

9

.7

VIX_18Oct23_P_18

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

(

367,387‌

)

10/18/2023

—

5

.1

VIX_18Oct23_P_19

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

(

152,432‌

)

10/18/2023

—

2

.1

VIX_18Oct23_P_20

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

(

4,635‌

)

10/18/2023

—

0

.1

Total

(

7,225,806‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSVIKTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

HYG.P_

2Oct23_Fwd_74

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

$

(

19,255,870‌

)

10/2/2023

—

21

.2

%

HYG.P_15Dec23_C_73

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

(

106,430‌

)

12/15/2023

—

0

.1

HYG.P_15Dec23_C_74

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

(

505,425‌

)

12/15/2023

—

0

.6

HYG.P_15Dec23_C_75

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

(

74,412‌

)

12/15/2023

—

0

.1

HYG.P_15Dec23_P_71

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

(

168,790‌

)

12/15/2023

—

0

.2

HYG.P_15Dec23_P_72

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

(

405,663‌

)

12/15/2023

—

0

.5

HYG.P_15Dec23_P_73

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

(

392,919‌

)

12/15/2023

—

0

.4

HYG.P_15Dec23_P_74

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

(

62,028‌

)

12/15/2023

—

0

.1

HYG.P_17Nov23_C_74

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

(

2,152,310‌

)

11/17/2023

—

2

.4

HYG.P_17Nov23_C_75

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

(

4,777,732‌

)

11/17/2023

—

5

.3

HYG.P_17Nov23_C_76

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

(

794,762‌

)

11/17/2023

—

0

.9

HYG.P_17Nov23_P_72

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

(

1,334,497‌

)

11/17/2023

—

1

.5

HYG.P_17Nov23_P_73

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

(

4,818,300‌

)

11/17/2023

—

5

.3

HYG.P_17Nov23_P_74

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

(

4,690,702‌

)

11/17/2023

—

5

.2

HYG.P_17Nov23_P_75

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

(

743,707‌

)

11/17/2023

—

0

.8

HYG.P_20Oct23_C_73.5

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

(

413,195‌

)

10/20/2023

—

0

.5

HYG.P_20Oct23_C_74

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

(

2,367,325‌

)

10/20/2023

—

2

.6

HYG.P_20Oct23_C_74.5

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

(

1,245,139‌

)

10/20/2023

—

1

.4

HYG.P_20Oct23_C_75

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

(

13,172,876‌

)

10/20/2023

—

14

.5

HYG.P_20Oct23_C_76

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

(

3,093,533‌

)

10/20/2023

—

3

.4

HYG.P_20Oct23_P_72

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

(

963,228‌

)

10/20/2023

—

1

.1

HYG.P_20Oct23_P_72.5

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

(

413,195‌

)

10/20/2023

—

0

.5

HYG.P_20Oct23_P_73

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

(

7,280,949‌

)

10/20/2023

—

8

.0

HYG.P_20Oct23_P_73.5

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

(

1,845,414‌

)

10/20/2023

—

2

.0

HYG.P_20Oct23_P_74

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

(

14,785,231‌

)

10/20/2023

—

16

.2

HYG.P_20Oct23_P_74.5

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

(

818,648‌

)

10/20/2023

—

0

.9

HYG.P_20Oct23_P_75

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

(

4,331,437‌

)

10/20/2023

—

4

.8

Total

(

91,013,717‌

)

—

100.0%

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

15

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSVLFTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SWO

Call

USD  1Nov23

459  2Aug23

2y

.....

$

10,961,355‌

11/1/2023

—

2

.1

%

SWO

Call

USD  1Oct25

319  5Jul23

5y

......

10,719,155‌

10/1/2025

—

2

.0

SWO

Call

USD  3Dec25

374  6Sep23

10y

....

6,673,069‌

12/3/2025

—

1

.3

SWO

Call

USD  4Oct23

461  5Jul23

2y

......

10,719,155‌

10/4/2023

—

2

.0

SWO

Call

USD  5Nov25

336  9Aug23

5y

.....

10,917,528‌

11/5/2025

—

2

.1

SWO

Call

USD  6Dec23

462  6Sep23

2y

.....

6,673,069‌

12/6/2023

—

1

.3

SWO

Call

USD  8Nov23

442  9Aug23

2y

.....

10,917,528‌

11/8/2023

—

2

.1

SWO

Call

USD  8Oct25

339

12Jul23

5y

.....

11,179,134‌

10/8/2025

—

2

.1

SWO

Call

USD

10Dec25

375

13Sep23

10y

...

6,818,597‌

12/10/2025

—

1

.3

SWO

Call

USD

11Dec30

385

20Sep23

5y

....

6,738,842‌

12/11/2030

—

1

.3

SWO

Call

USD

11Oct23

460

12Jul23

2y

.....

11,179,134‌

10/11/2023

—

2

.1

SWO

Call

USD

12Nov25

358

16Aug23

5y

....

11,599,166‌

11/12/2025

—

2

.2

SWO

Call

USD

13Dec23

469

13Sep23

2y

....

6,818,597‌

12/13/2023

—

1

.3

SWO

Call

USD

15Nov23

457

16Aug23

2y

....

11,599,166‌

11/15/2023

—

2

.2

SWO

Call

USD

15Oct25

311

19Jul23

5y

.....

10,208,345‌

10/15/2025

—

1

.9

SWO

Call

USD

18Oct23

434

19Jul23

2y

.....

10,208,345‌

10/18/2023

—

1

.9

SWO

Call

USD

19Nov25

379

23Aug23

20y

...

4,372,109‌

11/19/2025

—

0

.8

SWO

Call

USD

20Dec23

405

20Sep23

7y

....

6,738,842‌

12/20/2023

—

1

.3

SWO

Call

USD

22Nov23

471

23Aug23

2y

....

4,372,109‌

11/22/2023

—

0

.8

SWO

Call

USD

22Oct25

329

26Jul23

5y

.....

10,695,508‌

10/22/2025

—

2

.0

SWO

Call

USD

24Dec25

401

27Sep23

20y

...

4,439,359‌

12/24/2025

—

0

.8

SWO

Call

USD

25Oct23

460

26Jul23

2y

.....

10,695,508‌

10/25/2023

—

2

.0

SWO

Call

USD

26Nov25

364

30Aug23

10y

...

6,480,962‌

11/26/2025

—

1

.2

SWO

Call

USD

27Dec23

484

27Sep23

2y

....

4,439,359‌

12/27/2023

—

0

.8

SWO

Call

USD

29Nov23

458

30Aug23

2y

....

6,480,962‌

11/29/2023

—

1

.2

SWO

Call

USD

29Oct25

343  2Aug23

5y

.....

10,961,355‌

10/29/2025

—

2

.1

SWO

Put

USD  1Nov23

459  2Aug23

2y

.....

10,961,355‌

11/1/2023

—

2

.1

SWO

Put

USD  1Oct25

319  5Jul23

5y

......

10,719,155‌

10/1/2025

—

2

.0

SWO

Put

USD  3Dec25

374  6Sep23

10y

....

6,673,069‌

12/3/2025

—

1

.3

SWO

Put

USD  4Oct23

461  5Jul23

2y

......

10,719,155‌

10/4/2023

—

2

.0

SWO

Put

USD  5Nov25

336  9Aug23

5y

.....

10,917,528‌

11/5/2025

—

2

.1

SWO

Put

USD  6Dec23

462  6Sep23

2y

.....

6,673,069‌

12/6/2023

—

1

.3

SWO

Put

USD  8Nov23

442  9Aug23

2y

.....

10,917,528‌

11/8/2023

—

2

.1

SWO

Put

USD  8Oct25

339

12Jul23

5y

......

11,179,134‌

10/8/2025

—

2

.1

SWO

Put

USD

10Dec25

375

13Sep23

10y

...

6,818,597‌

12/10/2025

—

1

.3

SWO

Put

USD

11Dec30

385

20Sep23

5y

....

6,738,842‌

12/11/2030

—

1

.3

SWO

Put

USD

11Oct23

460

12Jul23

2y

......

11,179,134‌

10/11/2023

—

2

.1

SWO

Put

USD

12Nov25

358

16Aug23

5y

....

11,599,166‌

11/12/2025

—

2

.2

SWO

Put

USD

13Dec23

469

13Sep23

2y

....

6,818,597‌

12/13/2023

—

1

.3

SWO

Put

USD

15Nov23

457

16Aug23

2y

....

11,599,166‌

11/15/2023

—

2

.2

SWO

Put

USD

15Oct25

311

19Jul23

5y

......

10,208,345‌

10/15/2025

—

1

.9

SWO

Put

USD

18Oct23

434

19Jul23

2y

.....

10,208,345‌

10/18/2023

—

1

.9

SWO

Put

USD

19Nov25

379

23Aug23

20y

...

4,372,109‌

11/19/2025

—

0

.8

SWO

Put

USD

20Dec23

405

20Sep23

7y

....

6,738,842‌

12/20/2023

—

1

.3

SWO

Put

USD

22Nov23

471

23Aug23

2y

....

4,372,108‌

11/22/2023

—

0

.8

SWO

Put

USD

22Oct25

329

26Jul23

5y

.....

10,695,508‌

10/22/2025

—

2

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

16

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SWO

Put

USD

24Dec25

401

27Sep23

20y

...

$

4,439,359‌

12/24/2025

—

0

.8

%

SWO

Put

USD

25Oct23

460

26Jul23

2y

.....

10,695,508‌

10/25/2023

—

2

.0

SWO

Put

USD

26Nov25

364

30Aug23

10y

...

6,480,962‌

11/26/2025

—

1

.2

SWO

Put

USD

27Dec23

484

27Sep23

2y

....

4,439,359‌

12/27/2023

—

0

.8

SWO

Put

USD

29Nov23

458

30Aug23

2y

....

6,480,962‌

11/29/2023

—

1

.2

SWO

Put

USD

29Oct25

343  2Aug23

5y

.....

10,961,355‌

10/29/2025

—

2

.1

SWP

USD10y

060923031225

0.0374

.......

3,675,247‌

12/3/2025

—

0

.7

SWP

USD10y

130923101225

0.0375

.......

3,328,510‌

12/10/2025

—

0

.6

SWP

USD10y

300823261125

0.0364

........

4,583,484‌

11/26/2025

—

0

.9

SWP

USD20y

230823191125

0.0379

........

1,901,504‌

11/19/2025

—

0

.4

SWP

USD5y

020823291025

0.0343

........

10,377,219‌

10/29/2025

—

2

.0

SWP

USD5y

050723011025

0.0319

.........

8,411,304‌

10/1/2025

—

1

.6

SWP

USD5y

090823051125

0.0336

.........

9,825,947‌

11/5/2025

—

1

.9

SWP

USD5y

120723081025

0.0339

........

10,069,986‌

10/8/2025

—

1

.9

SWP

USD5y

160823121125

0.0358

.........

9,394,408‌

11/12/2025

—

1

.8

SWP

USD5y

190723151025

0.0311

.........

7,628,782‌

10/15/2025

—

1

.4

SWP

USD5y

200923111230

0.0385

.........

5,320,804‌

12/11/2030

—

1

.0

SWP

USD5y

260723221025

0.0329

........

9,966,242‌

10/22/2025

—

1

.9

Total

531,695,952‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

GSVLFTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SWO

Call

USD  1Nov23

379  2Aug23

7y

.....

$

(

10,961,355‌

)

11/1/2023

—

4

.9

%

SWO

Call

USD  4Oct23

363  5Jul23

7y

......

(

10,719,155‌

)

10/4/2023

—

4

.8

SWO

Call

USD  6Dec23

391  6Sep23

10y

....

(

4,003,841‌

)

12/6/2023

—

1

.8

SWO

Call

USD  6Dec23

392  6Sep23

15y

....

(

2,669,227‌

)

12/6/2023

—

1

.2

SWO

Call

USD  8Nov23

369  9Aug23

7y

.....

(

10,917,528‌

)

11/8/2023

—

4

.9

SWO

Call

USD

11Oct23

377

12Jul23

7y

.....

(

11,179,134‌

)

10/11/2023

—

5

.0

SWO

Call

USD

13Dec23

394

13Sep23

10y

...

(

4,091,158‌

)

12/13/2023

—

1

.8

SWO

Call

USD

13Dec23

394

13Sep23

15y

...

(

2,727,439‌

)

12/13/2023

—

1

.2

SWO

Call

USD

15Nov23

389

16Aug23

7y

....

(

11,599,166‌

)

11/15/2023

—

5

.2

SWO

Call

USD

18Oct23

349

19Jul23

7y

.....

(

10,208,345‌

)

10/18/2023

—

4

.6

SWO

Call

USD

20Dec23

397

20Sep23

15y

...

(

2,695,537‌

)

12/20/2023

—

1

.2

SWO

Call

USD

20Dec23

399

20Sep23

10y

...

(

4,043,305‌

)

12/20/2023

—

1

.8

SWO

Call

USD

22Nov23

372

23Aug23

30y

...

(

874,422‌

)

11/22/2023

—

0

.4

SWO

Call

USD

22Nov23

395

23Aug23

20y

...

(

3,497,687‌

)

11/22/2023

—

1

.6

SWO

Call

USD

25Oct23

369

26Jul23

7y

.....

(

10,695,508‌

)

10/25/2023

—

4

.8

SWO

Call

USD

27Dec23

395

27Sep23

30y

...

(

887,872‌

)

12/27/2023

—

0

.4

SWO

Call

USD

27Dec23

416

27Sep23

20y

...

(

3,551,487‌

)

12/27/2023

—

1

.6

SWO

Call

USD

29Nov23

382

30Aug23

10y

...

(

3,888,577‌

)

11/29/2023

—

1

.7

SWO

Call

USD

29Nov23

383

30Aug23

15y

...

(

2,592,385‌

)

11/29/2023

—

1

.2

SWO

Put

USD  1Nov23

379  2Aug23

7y

.....

(

10,961,355‌

)

11/1/2023

—

4

.9

SWO

Put

USD  4Oct23

363  5Jul23

7y

......

(

10,719,155‌

)

10/4/2023

—

4

.8

SWO

Put

USD  6Dec23

391  6Sep23

10y

....

(

4,003,841‌

)

12/6/2023

—

1

.8

SWO

Put

USD  6Dec23

392  6Sep23

15y

....

(

2,669,228‌

)

12/6/2023

—

1

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

17

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SWO

Put

USD  8Nov23

369  9Aug23

7y

.....

$

(

10,917,528‌

)

11/8/2023

—

4

.9

%

SWO

Put

USD

11Oct23

377

12Jul23

7y

......

(

11,179,134‌

)

10/11/2023

—

5

.0

SWO

Put

USD

13Dec23

394

13Sep23

10y

...

(

4,091,158‌

)

12/13/2023

—

1

.8

SWO

Put

USD

13Dec23

394

13Sep23

15y

...

(

2,727,439‌

)

12/13/2023

—

1

.2

SWO

Put

USD

15Nov23

389

16Aug23

7y

....

(

11,599,166‌

)

11/15/2023

—

5

.2

SWO

Put

USD

18Oct23

349

19Jul23

7y

.....

(

10,208,345‌

)

10/18/2023

—

4

.6

SWO

Put

USD

20Dec23

397

20Sep23

15y

...

(

2,695,537‌

)

12/20/2023

—

1

.2

SWO

Put

USD

20Dec23

399

20Sep23

10y

...

(

4,043,305‌

)

12/20/2023

—

1

.8

SWO

Put

USD

22Nov23

372

23Aug23

30y

...

(

874,422‌

)

11/22/2023

—

0

.4

SWO

Put

USD

22Nov23

395

23Aug23

20y

...

(

3,497,687‌

)

11/22/2023

—

1

.6

SWO

Put

USD

25Oct23

369

26Jul23

7y

.....

(

10,695,508‌

)

10/25/2023

—

4

.8

SWO

Put

USD

27Dec23

395

27Sep23

30y

...

(

887,872‌

)

12/27/2023

—

0

.4

SWO

Put

USD

27Dec23

416

27Sep23

20y

...

(

3,551,487‌

)

12/27/2023

—

1

.6

SWO

Put

USD

29Nov23

382

30Aug23

10y

...

(

3,888,577‌

)

11/29/2023

—

1

.7

SWO

Put

USD

29Nov23

383

30Aug23

15y

...

(

2,592,385‌

)

11/29/2023

—

1

.2

SWP

USD20y

270923241225

0.0401

.......

(

410,554‌

)

12/24/2025

—

0

.2

Total

(

224,016,811‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQIS2TRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUD

Currency

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

$

13,502‌

—

—

0

.1

%

BRENT

CRUDE

FUTR  Jan24

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

271,818‌

1/1/2024

—

2

.0

CAD

Currency

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

20,106‌

—

—

0

.1

COCOA

FUTURE

-

IC

Dec23

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

154,518‌

12/1/2023

—

1

.1

COFF

ROBUSTA

10tn

Jan24

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

2,603‌

1/1/2024

—

0

.0

COFF

ROBUSTA

10tn

Nov23

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

5,411‌

11/1/2023

—

0

.0

COTTON

NO.2

FUTR  Dec23

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

32,937‌

12/1/2023

—

0

.2

EUR

Currency

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

36,204‌

—

—

0

.3

FCOJ-A

FUTURE    

Jan24

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

30,234‌

1/1/2024

—

0

.2

FCOJ-A

FUTURE    

Nov23

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

86,779‌

11/1/2023

—

0

.6

GASOLINE

RBOB

FUT

Nov23

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

43,667‌

11/1/2023

—

0

.3

JPY

Currency

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

14,632‌

12/11/2013

—

0

.1

LIVE

CATTLE

FUTR  Dec23

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

84,172‌

12/1/2023

—

0

.6

LME

LEAD

FUTURE  

Dec23

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

18,508‌

12/1/2023

—

0

.1

LME

LEAD

FUTURE  

Nov23

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

158,831‌

11/1/2023

—

1

.1

LME

PRI

ALUM

FUTR

Nov23

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

59,275‌

11/1/2023

—

0

.4

LONG

GILT

FUTURE  Dec23

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

12,280,470‌

12/1/2023

—

88

.1

NY

Harb

ULSD

Fut  Nov23

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

86,970‌

11/1/2023

—

0

.6

ROUGH

RICE

(CBOT)

Jan24

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

15,870‌

1/1/2024

—

0

.1

ROUGH

RICE

(CBOT)

Nov23

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

31,123‌

11/1/2023

—

0

.2

SGX

Iron

Ore

62%  Nov23

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

81,009‌

11/1/2023

—

0

.6

UK

Natural

Gas

FutDec23

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

84‌

12/1/2023

—

0

.0

UK

Natural

Gas

FutNov23

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

150‌

11/1/2023

—

0

.0

WHITE

SUGAR

(ICE)

Dec23

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

91,548‌

12/1/2023

—

0

.7

WHITE

SUGAR

(ICE)

Mar24

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

45,638‌

3/1/2024

—

0

.3

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

18

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

WTI

CRUDE

FUTURE  Nov23

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

$

281,287‌

11/1/2023

—

2

.0

%

Total

13,947,346‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQIS2TRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUST

10Y

BOND

FUT

Dec23

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

$

(

83,221,098,649‌

)

12/1/2023

—

64

.6

%

BRLUSD

Currency

Forward

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

(

102,362‌

)

10/19/2023

—

0

.0

CAN

10YR

BOND

FUT

Dec23

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

(

98,556,717‌

)

12/1/2023

—

0

.1

CNHUSD

Currency

Forward

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

(

649,558‌

)

10/18/2023

—

0

.0

COCOA

FUTURE      Dec23

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

(

7,496‌

)

12/1/2023

—

0

.0

COFFEE

'C'

FUTURE

Dec23

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

(

15,499‌

)

12/1/2023

—

0

.0

CORN

FUTURE      

Dec23

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

(

21,767‌

)

12/1/2023

—

0

.0

ECX

EMISSION      Dec23

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

(

66,878‌

)

12/1/2023

—

0

.0

EURO

STOXX

50    

Dec23

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

(

724,859‌

)

12/1/2023

—

0

.0

EURO-BOBL

FUTURE  Dec23

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

(

56,753,414‌

)

12/1/2023

—

0

.1

EURO-BUND

FUTURE  Dec23

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

(

120,950,372‌

)

12/1/2023

—

0

.1

EURO-SCHATZ

FUT  

Dec23

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

(

162,018,397‌

)

12/1/2023

—

0

.1

GBP

Currency

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

(

11,985‌

)

—

—

0

.0

GOLD

100

OZ

FUTR  Dec23

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

(

273,785‌

)

12/1/2023

—

0

.0

IDRUSD

Currency

Forward

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

(

598,008‌

)

10/19/2023

—

0

.0

INRUSD

Currency

Forward

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

(

696,254‌

)

10/19/2023

—

0

.0

JPN

10Y

BOND(OSE)

Dec23

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

(

44,830,807,819‌

)

12/1/2023

—

34

.8

KRWUSD

Currency

Forward

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

(

549,479‌

)

10/19/2023

—

0

.0

LEAN

HOGS

FUTURE  Dec23

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

(

12,996‌

)

12/1/2023

—

0

.0

LME

COPPER

FUTURE

Nov23

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

(

91,557‌

)

11/1/2023

—

0

.0

LME

NICKEL

FUTURE

Nov23

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

(

75,039‌

)

11/1/2023

—

0

.0

LME

TIN

FUTURE    Dec23

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

(

19,438‌

)

12/1/2023

—

0

.0

LME

TIN

FUTURE    Nov23

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

(

38,706‌

)

11/1/2023

—

0

.0

MILK

FUTURE      

Nov23

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

(

5,186‌

)

11/1/2023

—

0

.0

MILK

FUTURE      

Oct23

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

(

10,196‌

)

10/1/2023

—

0

.0

MILL

WHEAT

EURO  

Dec23

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

(

12,317‌

)

12/1/2023

—

0

.0

MXNUSD

Currency

Forward

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

(

186,995‌

)

10/18/2023

—

0

.0

NASDAQ

100

E-MINI

Dec23

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

(

237,326‌

)

12/1/2023

—

0

.0

NATURAL

GAS

FUTR  Nov23

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

(

40,435‌

)

11/1/2023

—

0

.0

OAT

FUTURE        Dec23

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

(

17,211‌

)

12/1/2023

—

0

.0

PALLADIUM

FUTURE  Dec23

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

(

25,119‌

)

12/1/2023

—

0

.0

PLATINUM

FUTURE  

Jan24

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

(

133,789‌

)

1/1/2024

—

0

.0

RAPESEED  EURO    Feb24

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

(

9,640‌

)

2/1/2024

—

0

.0

RAPESEED  EURO    Nov23

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

(

18,597‌

)

11/1/2023

—

0

.0

RED

WHEAT

FUT

MGE

Dec23

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

(

124,651‌

)

12/1/2023

—

0

.0

S&P500

EMINI

FUT  Dec23

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

(

1,303,403‌

)

12/1/2023

—

0

.0

SGDUSD

Currency

Forward

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

(

1,320,081‌

)

10/18/2023

—

0

.0

SILVER

FUTURE    

Dec23

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

(

51,709‌

)

12/1/2023

—

0

.0

SOYBEAN

FUTURE    Nov23

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

(

26,931‌

)

11/1/2023

—

0

.0

SOYBEAN

MEAL

FUTR

Dec23

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

(

7,273‌

)

12/1/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

19

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SPI

200

FUTURES  

Dec23

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

$

(

220,262‌

)

12/1/2023

—

0

.0

%

TTF

NAT

GAS

F    

Dec23

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

(

468‌

)

12/1/2023

—

0

.0

TTF

NAT

GAS

F    

Nov23

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

(

861‌

)

11/1/2023

—

0

.0

TWDUSD

Currency

Forward

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

(

1,260,428‌

)

10/19/2023

—

0

.0

US

10YR

NOTE

(CBT)Dec23

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

(

158,622,166‌

)

12/1/2023

—

0

.1

US

2YR

NOTE

(CBT)

Dec23

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

(

158,758,241‌

)

12/1/2023

—

0

.1

US

5YR

NOTE

(CBT)

Dec23

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

(

75,219,701‌

)

12/1/2023

—

0

.1

WHEAT

FUTURE(CBT)

Dec23

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

(

27,986‌

)

12/1/2023

—

0

.0

ZARUSD

Currency

Forward

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

(

147,238‌

)

10/18/2023

—

0

.0

Total

(

128,891,929,244‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQIS6TRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRLUSD

Currency

Forward

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

$

1,314,789‌

10/19/2023

—

12

.8

%

CLPUSD

Currency

Forward

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

1,078,975‌

10/19/2023

—

10

.5

HUFUSD

Currency

Forward

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

2,185,580‌

10/18/2023

—

21

.3

INRUSD

Currency

Forward

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

1,333,388‌

10/19/2023

—

13

.0

MXNUSD

Currency

Forward

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

2,060,587‌

10/18/2023

—

20

.1

NZDUSD

Currency

Forward

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

793,699‌

10/18/2023

—

7

.7

PLNUSD

Currency

Forward

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

342,357‌

10/18/2023

—

3

.3

ZARUSD

Currency

Forward

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

1,157,757‌

10/18/2023

—

11

.3

Total

10,267,132‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQIS6TRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUDUSD

Currency

Forward

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

$

(

1,584,111‌

)

10/18/2023

—

15

.4

%

CADUSD

Currency

Forward

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

(

1,176,712‌

)

10/17/2023

—

11

.5

CHFUSD

Currency

Forward

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

(

1,962,764‌

)

10/18/2023

—

19

.1

CNHUSD

Currency

Forward

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

(

1,198,919‌

)

10/18/2023

—

11

.7

EURUSD

Currency

Forward

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

(

1,440,005‌

)

10/5/2023

—

14

.0

JPYUSD

Currency

Forward

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

(

867,754‌

)

10/5/2023

—

8

.5

KRWUSD

Currency

Forward

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

(

470,361‌

)

10/19/2023

—

4

.6

NOKUSD

Currency

Forward

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

(

1,567,217‌

)

10/18/2023

—

15

.3

Total

(

10,267,843‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQISBTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUD

Currency

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

$

2,260‌

—

—

0

.0

%

BRENT

CRUDE

FUTR  Dec23

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

2,194,083‌

12/1/2023

—

4

.4

BRENT

CRUDE

FUTR  Feb24

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

82,933‌

2/1/2024

—

0

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

20

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRENT

CRUDE

FUTR  Jan24

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

$

84,229‌

1/1/2024

—

0

.2

%

BRENT

CRUDE

FUTR  Mar24

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

10,133‌

3/1/2024

—

0

.0

BRLUSD

Currency

Forward

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

400,327‌

10/19/2023

—

0

.8

CAD

Currency

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

3,204‌

—

—

0

.0

CATTLE

FEEDER

FUT

Aug24

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

73,639‌

8/1/2024

—

0

.2

CATTLE

FEEDER

FUT

Jan24

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

187,269‌

1/1/2024

—

0

.4

CATTLE

FEEDER

FUT

Mar24

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

8,708‌

3/1/2024

—

0

.0

CATTLE

FEEDER

FUT

May24

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

50,733‌

5/1/2024

—

0

.1

CLPUSD

Currency

Forward

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

343,388‌

10/19/2023

—

0

.7

COCOA

FUTURE      Jul24

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

202,380‌

7/1/2024

—

0

.4

COCOA

FUTURE      Mar24

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

220,344‌

3/1/2024

—

0

.4

COCOA

FUTURE

-

IC

Dec23

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

81,640‌

12/1/2023

—

0

.2

COFF

ROBUSTA

10tn

Jan24

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

26,548‌

1/1/2024

—

0

.1

COFF

ROBUSTA

10tn

Nov23

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

55,181‌

11/1/2023

—

0

.1

COFFEE

'C'

FUTURE

Jul24

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

63,889‌

7/1/2024

—

0

.1

COFFEE

'C'

FUTURE

Mar24

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

167,932‌

3/1/2024

—

0

.3

COFFEE

'C'

FUTURE

May24

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

281,481‌

5/1/2024

—

0

.6

COPPER

FUTURE    

Jul24

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

445,840‌

7/1/2024

—

0

.9

COPPER

FUTURE    

Mar24

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

891,103‌

3/1/2024

—

1

.8

COPPER

FUTURE    

May24

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

229,649‌

5/1/2024

—

0

.5

CORN

FUTURE      

Jul24

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

330,950‌

7/1/2024

—

0

.7

CORN

FUTURE      

May24

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

511,812‌

5/1/2024

—

1

.0

COTTON

NO.2

FUTR  Dec24

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

1‌

—

—

0

.0

COTTON

NO.2

FUTR  Jul24

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

69,587‌

7/1/2024

—

0

.1

COTTON

NO.2

FUTR  Mar24

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

178,491‌

3/1/2024

—

0

.4

COTTON

NO.2

FUTR  May24

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

70,335‌

5/1/2024

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C    98

.........

1,563‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  

100

........

544‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  

101

........

452‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  99.5

........

295‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

98.75

........

341‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    35

.........

123‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    38

.........

61‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    39

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    40

.........

61‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    41

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    42

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    43

.........

184‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    44

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    46

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    47

.........

61‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    49

.........

31‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

103

.........

741‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

104

.........

333‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

110

.........

2,394‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

111

.........

339‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    43

.........

183‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    44

.........

183‌

12/21/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

21

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Feb24P    45

.........

$

183‌

12/21/2023

—

0

.0

%

CRUDE

OIL

OPT

IPE

Feb24P    46

.........

214‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    47

.........

641‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    48

.........

641‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    49

.........

244‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    50

.........

488‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    51

.........

549‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    52

.........

823‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C    99

.........

508‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

100

.........

887‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

102

.........

1,010‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

103

.........

598‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

105

.........

1,839‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

110

.........

130‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    43

.........

122‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    44

.........

367‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    45

.........

856‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    46

.........

856‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    47

.........

458‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    48

.........

153‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

111

.........

245‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

112

.........

453‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

114

.........

196‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24P    45

.........

823‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24P    46

.........

305‌

1/26/2024

—

0

.0

CZKUSD

Currency

Forward

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

34,686‌

10/18/2023

—

0

.1

EUR

Currency

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

1,583‌

—

—

0

.0

EURO

STOXX

50    

Dec23

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

661‌

12/1/2023

—

0

.0

EURUSD

Currency

Forward

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

4,024‌

10/5/2023

—

0

.0

FCOJ-A

FUTURE    

Jan24

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

15,974‌

1/1/2024

—

0

.0

FCOJ-A

FUTURE    

Nov23

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

12,506‌

11/1/2023

—

0

.0

FTSE

100

IDX

FUT  Dec23

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

6,995‌

12/1/2023

—

0

.0

GASOLINE

RBOB

FUT

Dec23

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

17,548‌

12/1/2023

—

0

.0

GASOLINE

RBOB

FUT

Feb24

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

11,596‌

2/1/2024

—

0

.0

GASOLINE

RBOB

FUT

Jan24

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

320,280‌

1/1/2024

—

0

.6

GASOLINE

RBOB

FUT

Jul24

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

226,573‌

7/1/2024

—

0

.5

GASOLINE

RBOB

FUT

Mar24

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

161,065‌

3/1/2024

—

0

.3

GBP

Currency

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

2,520‌

—

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2115

.......

9‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2120

.......

38‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2125

.......

5‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2155

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2165

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2175

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2180

.......

13‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2195

.......

13‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2210

.......

21‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2215

.......

21‌

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

22

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Dec23C  2225

.......

$

8‌

11/27/2023

—

0

.0

%

GOLD

FUT

OPT(CMX)

Dec23C  2235

.......

9‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2240

.......

3‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2245

.......

13‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2250

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2255

.......

28‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2260

.......

12‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2270

.......

5‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2285

.......

13‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2300

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1760

.......

200‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1765

.......

221‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1775

.......

402‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1780

.......

438‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1785

.......

161‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1790

.......

353‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1795

.......

395‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1800

.......

850‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1805

.......

701‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1810

.......

1,285‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1815

.......

565‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1820

.......

19‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1825

.......

1,056‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1830

.......

773‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1835

.......

406‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2120

.......

32‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2150

.......

81‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2175

.......

204‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2185

.......

18‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2200

.......

88‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2225

.......

8‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2250

.......

40‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2255

.......

8‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2265

.......

10‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2275

.......

34‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1740

.......

162‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1780

.......

278‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1790

.......

1,581‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1795

.......

1,012‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1800

.......

1,443‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1805

.......

1,158‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1810

.......

1,234‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1825

.......

498‌

1/25/2024

—

0

.0

HUFUSD

Currency

Forward

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

617,852‌

10/18/2023

—

1

.2

IDRUSD

Currency

Forward

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

189,769‌

10/19/2023

—

0

.4

INRUSD

Currency

Forward

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

382,151‌

10/19/2023

—

0

.8

JPYUSD

Currency

Forward

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

3,053‌

10/5/2023

—

0

.0

KC

HRW

WHEAT

FUT  Jul24

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

108,769‌

7/1/2024

—

0

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

23

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

KC

HRW

WHEAT

FUT  May24

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

$

228,674‌

5/1/2024

—

0

.5

%

LEAN

HOGS

FUTURE  Jun24

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

505,092‌

6/1/2024

—

1

.0

LEAN

HOGS

FUTURE  Oct23

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

190,349‌

10/1/2023

—

0

.4

LIVE

CATTLE

FUTR  Feb24

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

268,125‌

2/1/2024

—

0

.5

LIVE

CATTLE

FUTR  Jun24

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

624,015‌

6/1/2024

—

1

.3

LIVE

CATTLE

FUTR  Oct23

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

337,945‌

10/1/2023

—

0

.7

LME

LEAD

FUTURE  

Apr24

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

23,382‌

4/1/2024

—

0

.1

LME

LEAD

FUTURE  

Dec23

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

219,708‌

12/1/2023

—

0

.4

LME

LEAD

FUTURE  

Feb24

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

51,865‌

2/1/2024

—

0

.1

LME

LEAD

FUTURE  

Jan24

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

12,520‌

1/1/2024

—

0

.0

LME

LEAD

FUTURE  

Mar24

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

65,476‌

3/1/2024

—

0

.1

LME

LEAD

FUTURE  

May24

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

57,665‌

5/1/2024

—

0

.1

LME

LEAD

FUTURE  

Oct23

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

110,681‌

10/1/2023

—

0

.2

LME

NICKEL

FUTURE

Dec23

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

23,516‌

12/1/2023

—

0

.1

LME

NICKEL

FUTURE

Feb24

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

87,132‌

2/1/2024

—

0

.2

LME

NICKEL

FUTURE

Jan24

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

41,857‌

1/1/2024

—

0

.1

LME

NICKEL

FUTURE

Jul24

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

32,958‌

7/1/2024

—

0

.1

LME

NICKEL

FUTURE

Mar24

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

144,936‌

3/1/2024

—

0

.3

LME

NICKEL

FUTURE

May24

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

102,898‌

5/1/2024

—

0

.2

LME

NICKEL

FUTURE

Oct23

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

403,520‌

10/1/2023

—

0

.8

LME

PRI

ALUM

FUTR

Dec23

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

481,575‌

12/1/2023

—

1

.0

LME

PRI

ALUM

FUTR

Feb24

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

4,245‌

2/1/2024

—

0

.0

LME

PRI

ALUM

FUTR

Jan24

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

195,045‌

1/1/2024

—

0

.4

LME

PRI

ALUM

FUTR

Jul24

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

56,682‌

7/1/2024

—

0

.1

LME

PRI

ALUM

FUTR

Mar24

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

288,033‌

3/1/2024

—

0

.6

LME

PRI

ALUM

FUTR

May24

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

310,381‌

5/1/2024

—

0

.6

LME

PRI

ALUM

FUTR

Oct23

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

266,147‌

10/1/2023

—

0

.5

LME

TIN

FUTURE    Dec23

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

3,468‌

12/1/2023

—

0

.0

LME

TIN

FUTURE    Nov23

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

18,534‌

11/1/2023

—

0

.0

LME

ZINC

FUTURE  

Dec23

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

349,710‌

12/1/2023

—

0

.7

LME

ZINC

FUTURE  

Feb24

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

34,983‌

2/1/2024

—

0

.1

LME

ZINC

FUTURE  

Jan24

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

324,773‌

1/1/2024

—

0

.7

LME

ZINC

FUTURE  

Mar24

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

593,363‌

3/1/2024

—

1

.2

LME

ZINC

FUTURE  

May24

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

157,135‌

5/1/2024

—

0

.3

LME

ZINC

FUTURE  

Oct23

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

367,203‌

10/1/2023

—

0

.7

Low

Su

Gasoil

G  

Apr24

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

78,540‌

4/1/2024

—

0

.2

Low

Su

Gasoil

G  

Dec23

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

191,248‌

12/1/2023

—

0

.4

Low

Su

Gasoil

G  

Jan24

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

415,162‌

1/1/2024

—

0

.8

Low

Su

Gasoil

G  

Mar24

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

153,055‌

3/1/2024

—

0

.3

Low

Su

Gasoil

G  

Oct23

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

610,647‌

10/1/2023

—

1

.2

MXNUSD

Currency

Forward

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

510,923‌

10/18/2023

—

1

.0

NASDAQ

100

E-MINI

Dec23

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

25,271‌

12/1/2023

—

0

.1

NATURAL

GAS

FUTR  Jan24

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

796,751‌

1/1/2024

—

1

.6

NATURAL

GAS

FUTR  Jul24

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

262,926‌

7/1/2024

—

0

.5

NATURAL

GAS

FUTR  Mar24

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

986,770‌

3/1/2024

—

2

.0

NIKKEI

225  (OSE)

Dec23

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

19,976,065‌

12/1/2023

—

40

.0

NY

Harb

ULSD

Fut  Dec23

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

311,027‌

12/1/2023

—

0

.6

NY

Harb

ULSD

Fut  Feb24

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

3,576‌

2/1/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

24

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

NY

Harb

ULSD

Fut  Jan24

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

$

551,835‌

1/1/2024

—

1

.1

%

NY

Harb

ULSD

Fut  Mar24

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

150,162‌

3/1/2024

—

0

.3

NZDUSD

Currency

Forward

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

121,163‌

10/18/2023

—

0

.2

OAT

FUTURE        Dec23

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

13,298‌

12/1/2023

—

0

.0

PLNUSD

Currency

Forward

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

211,142‌

10/18/2023

—

0

.4

RED

WHEAT

FUT

MGE

Dec23

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

6,011‌

12/1/2023

—

0

.0

ROUGH

RICE

(CBOT)

Jan24

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

8,936‌

1/1/2024

—

0

.0

ROUGH

RICE

(CBOT)

Nov23

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

17,526‌

11/1/2023

—

0

.0

S&P500

EMINI

FUT  Dec23

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

642‌

12/1/2023

—

0

.0

SGX

Iron

Ore

62%  Nov23

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

43,810‌

11/1/2023

—

0

.1

SILVER

FUTURE    

Mar24

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

17,388‌

3/1/2024

—

0

.0

SOYBEAN

FUTURE    Jul24

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

209,462‌

7/1/2024

—

0

.4

SOYBEAN

FUTURE    Mar24

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

249,706‌

3/1/2024

—

0

.5

SOYBEAN

FUTURE    May24

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

706,843‌

5/1/2024

—

1

.4

SOYBEAN

MEAL

FUTR

Jan24

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

364,425‌

1/1/2024

—

0

.7

SOYBEAN

MEAL

FUTR

Jul24

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

47,853‌

7/1/2024

—

0

.1

SOYBEAN

MEAL

FUTR

Mar24

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

294,109‌

3/1/2024

—

0

.6

SOYBEAN

MEAL

FUTR

May24

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

201,889‌

5/1/2024

—

0

.4

SOYBEAN

OIL

FUTR  Jan24

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

274,477‌

1/1/2024

—

0

.6

SOYBEAN

OIL

FUTR  Mar24

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

226,465‌

3/1/2024

—

0

.5

SOYBEAN

OIL

FUTR  May24

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

214,662‌

5/1/2024

—

0

.4

SUGAR

#11

(WORLD)

Jul24

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

643,209‌

7/1/2024

—

1

.3

SUGAR

#11

(WORLD)

May24

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

218,517‌

5/1/2024

—

0

.4

WHEAT

FUTURE(CBT)

Jul24

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

204,874‌

7/1/2024

—

0

.4

WHEAT

FUTURE(CBT)

May24

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

533,281‌

5/1/2024

—

1

.1

WHITE

SUGAR

(ICE)

Mar24

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

30,753‌

3/1/2024

—

0

.1

WTI

CRUDE

FUTURE  Dec23

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

458,368‌

12/1/2023

—

0

.9

WTI

CRUDE

FUTURE  Jan24

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

1,164,714‌

1/1/2024

—

2

.3

WTI

CRUDE

FUTURE  Mar24

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

1,086,022‌

3/1/2024

—

2

.2

WTI

CRUDE

FUTURE  May24

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

566,693‌

5/1/2024

—

1

.1

ZARUSD

Currency

Forward

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

424,679‌

10/18/2023

—

0

.9

Total

49,991,718‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

MQISBTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

AUDUSD

Currency

Forward

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

$

(

544,357‌

)

10/18/2023

—

0

.0

%

AUST

10Y

BOND

FUT

Dec23

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

(

14,201,356,133‌

)

12/1/2023

—

95

.6

CADUSD

Currency

Forward

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

(

666,266‌

)

10/17/2023

—

0

.0

CAN

10YR

BOND

FUT

Dec23

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

(

12,510,170‌

)

12/1/2023

—

0

.1

CATTLE

FEEDER

FUT

Nov23

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

(

343,637‌

)

11/1/2023

—

0

.0

CBOE

VIX

FUTURE  

Feb24

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

(

114,035‌

)

2/1/2024

—

0

.0

CBOE

VIX

FUTURE  

Jan24

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

(

210,940‌

)

1/1/2024

—

0

.0

CHFUSD

Currency

Forward

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

(

685,104‌

)

10/18/2023

—

0

.0

CNHUSD

Currency

Forward

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

(

462,543‌

)

10/18/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3200

......

(

131‌

)

11/3/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

25

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COCOA

FUTR

OPTION

Dec23C  3250

......

$

(

96‌

)

11/3/2023

—

0

.0

%

COCOA

FUTR

OPTION

Dec23C  3300

......

(

78‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3350

......

(

159‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3400

......

(

201‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3450

......

(

82‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3500

......

(

155‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3550

......

(

121‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3600

......

(

90‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3650

......

(

31‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3700

......

(

724‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3750

......

(

144‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3800

......

(

108‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3850

......

(

155‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2800

......

(

1‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2850

......

(

1‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2900

......

(

3‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2950

......

(

9‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3000

......

(

9‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3050

......

(

18‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3100

......

(

35‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3150

......

(

52‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3200

......

(

36‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3250

......

(

84‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3300

......

(

97‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3350

......

(

53‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3400

......

(

36‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3450

......

(

144‌

)

11/3/2023

—

0

.0

COCOA

FUTURE      Dec23

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

(

108,116‌

)

12/1/2023

—

0

.0

COCOA

FUTURE      May24

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

(

92,171‌

)

5/1/2024

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

165

.........

(

13,067‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

170

.........

(

26,638‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

175

.........

(

9,589‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

180

.........

(

7,517‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

185

.........

(

8,301‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

190

.........

(

2,114‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

195

.........

(

1,005‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

200

.........

(

815‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

205

.........

(

328‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

210

.........

(

737‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

215

.........

(

202‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

220

.........

(

154‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

167.5

........

(

27,377‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

172.5

........

(

12,620‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

177.5

........

(

6,254‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

182.5

........

(

12,219‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

187.5

........

(

1,576‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

192.5

........

(

1,758‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

197.5

........

(

461‌

)

11/10/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

26

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COFFEE

'C'

FUT

OP

Dec23C

212.5

........

$

(

227‌

)

11/10/2023

—

0

.0

%

COFFEE

'C'

FUT

OP

Dec23P  

140

.........

(

34,614‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

145

.........

(

135,646‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

150

.........

(

207,729‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

155

.........

(

530,321‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

160

.........

(

641,797‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

165

.........

(

180,601‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

170

.........

(

104,383‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

175

.........

(

253,286‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

180

.........

(

135,687‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

142.5

.........

(

217,663‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

147.5

.........

(

355,159‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

152.5

.........

(

441,893‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

157.5

.........

(

572,608‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

162.5

.........

(

167,155‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P

172.5

.........

(

356,443‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

160

.........

(

136,689‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

165

.........

(

183,176‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

170

.........

(

69,412‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

175

.........

(

59,731‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

180

.........

(

54,494‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C  

185

.........

(

13,766‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

157.5

........

(

23,064‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

162.5

........

(

187,143‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

167.5

........

(

48,438‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

172.5

........

(

90,331‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

177.5

........

(

115,077‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

182.5

........

(

23,083‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

187.5

........

(

13,144‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

135

.........

(

186,934‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

140

.........

(

215,245‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

145

.........

(

419,833‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

150

.........

(

656,414‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

155

.........

(

344,478‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P

137.5

.........

(

433,024‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P

142.5

.........

(

135,040‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P

147.5

.........

(

495,715‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P

152.5

.........

(

110,175‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P

157.5

.........

(

144,791‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUTURE

Dec23

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

(

1,036,747‌

)

12/1/2023

—

0

.0

COPPER

FUTURE    

Dec23

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

(

1,657,279‌

)

12/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8225

........

(

1,788‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8250

........

(

1,706‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8275

........

(

1,574‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8325

........

(

1,368‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8350

........

(

1,267‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8400

........

(

1,310‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8425

........

(

2,144‌

)

11/1/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

27

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COPPER

LME

OPT    Nov23C  8450

........

$

(

954‌

)

11/1/2023

—

0

.0

%

COPPER

LME

OPT    Nov23C  8475

........

(

2,853‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8500

........

(

893‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8525

........

(

877‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8550

........

(

3,137‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8575

........

(

2,216‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8625

........

(

669‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8650

........

(

1,864‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8675

........

(

537‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8725

........

(

994‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8775

........

(

1,280‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8800

........

(

1,144‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8900

........

(

602‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7775

........

(

400‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7800

........

(

433‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7825

........

(

493‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7875

........

(

609‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7900

........

(

1,439‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7975

........

(

2,594‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8000

........

(

1,871‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8025

........

(

2,803‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8050

........

(

2,437‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8075

........

(

6,236‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8100

........

(

1,083‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8125

........

(

2,823‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8175

........

(

1,359‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8200

........

(

1,595‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8225

........

(

3,299‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8250

........

(

1,912‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8275

........

(

5,769‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8300

........

(

3,966‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8325

........

(

2,302‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8350

........

(

2,591‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8325

........

(

325‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8375

........

(

231‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8400

........

(

339‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8425

........

(

131‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8450

........

(

109‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8475

........

(

95‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8500

........

(

131‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8525

........

(

101‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8550

........

(

48‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8575

........

(

147‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8600

........

(

74‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8625

........

(

24‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8650

........

(

39‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8675

........

(

15‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8700

........

(

22‌

)

10/4/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

28

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COPPER

LME

OPT    Oct23C  8725

........

$

(

27‌

)

10/4/2023

—

0

.0

%

COPPER

LME

OPT    Oct23C  8750

........

(

22‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8775

........

(

10‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8800

........

(

8‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8850

........

(

11‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8875

........

(

2‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9000

........

(

1‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9075

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9125

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9200

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7800

........

(

10‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7825

........

(

14‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7875

........

(

24‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7900

........

(

137‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7925

........

(

42‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7975

........

(

82‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8000

........

(

103‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8025

........

(

747‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8075

........

(

169‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8100

........

(

499‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8125

........

(

1,165‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8150

........

(

1,376‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8175

........

(

385‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8200

........

(

519‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8225

........

(

1,147‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8250

........

(

2,759‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8325

........

(

4,319‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8350

........

(

2,674‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8400

........

(

3,307‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8450

........

(

2,309‌

)

10/4/2023

—

0

.0

CORN

FUTURE      

Dec23

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

(

138‌

)

12/1/2023

—

0

.0

CORN

FUTURE      

Mar24

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

(

219,942‌

)

3/1/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24C  

510

.......

(

151,332‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24C  

520

.......

(

34,453‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24C  

530

.......

(

49,181‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24C  

540

.......

(

61,779‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24P  

460

.......

(

146,581‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24P  

480

.......

(

201,160‌

)

2/23/2024

—

0

.0

CORN

FUTURE

OPTN  Mar24P  

490

.......

(

53,911‌

)

2/23/2024

—

0

.0

COTTON

NO.2

FUTR  Dec23

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

(

129,979‌

)

12/1/2023

—

0

.0

COTTON

OPTION    

Dec23C    86

.........

(

74,146‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    87

.........

(

35,154‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    88

.........

(

52,283‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    89

.........

(

167,440‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    90

.........

(

144,437‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    91

.........

(

99,416‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    92

.........

(

52,561‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    93

.........

(

106,002‌

)

11/10/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

29

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COTTON

OPTION    

Dec23C    94

.........

$

(

30,012‌

)

11/10/2023

—

0

.0

%

COTTON

OPTION    

Dec23C    95

.........

(

25,252‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23C    97

.........

(

6,053‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    78

.........

(

12,866‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    79

.........

(

7,778‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    80

.........

(

8,650‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    81

.........

(

37,381‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    82

.........

(

113,031‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    83

.........

(

70,489‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    84

.........

(

125,880‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    85

.........

(

149,139‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    86

.........

(

142,278‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    87

.........

(

55,727‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    88

.........

(

38,273‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Mar24C    91

.........

(

68,376‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24C    92

.........

(

26,402‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24C    93

.........

(

53,130‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24C    96

.........

(

42,194‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24C    98

.........

(

52,350‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24P    80

.........

(

40,690‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24P    82

.........

(

77,761‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24P    85

.........

(

64,889‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24P    86

.........

(

38,293‌

)

2/9/2024

—

0

.0

COTTON

OPTION    

Mar24P    87

.........

(

72,512‌

)

2/9/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    89

.........

(

6,943‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    91

.........

(

10,203‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    92

.........

(

3,746‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    95

.........

(

1,864‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    96

.........

(

1,833‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    97

.........

(

1,150‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    99

.........

(

4,152‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  85.5

........

(

23,573‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  86.5

........

(

10,351‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  87.5

........

(

8,763‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  89.5

........

(

14,709‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  90.5

........

(

11,325‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  92.5

........

(

10,773‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  93.5

........

(

2,656‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  94.5

........

(

2,896‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  95.5

........

(

5,213‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  96.5

........

(

2,659‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  97.5

........

(

191‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

86.25

........

(

10,025‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

87.25

........

(

9,026‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

90.25

........

(

6,451‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

91.25

........

(

5,235‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

91.75

........

(

3,819‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

92.75

........

(

3,441‌

)

10/26/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

30

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Dec23C

93.75

........

$

(

2,674‌

)

10/26/2023

—

0

.0

%

CRUDE

OIL

OPT

IPE

Dec23C

94.25

........

(

2,132‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

94.75

........

(

3,983‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

95.25

........

(

1,895‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

95.75

........

(

1,699‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

97.75

........

(

1,242‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

98.25

........

(

2,237‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    77

.........

(

644‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    78

.........

(

704‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    79

.........

(

423‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    81

.........

(

563‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    83

.........

(

1,493‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    84

.........

(

1,854‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    85

.........

(

1,062‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    86

.........

(

1,223‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    87

.........

(

1,366‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    88

.........

(

5,359‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  79.5

.........

(

446‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  82.5

.........

(

730‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  84.5

.........

(

1,950‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  86.5

.........

(

2,732‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  87.5

.........

(

4,742‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  88.5

.........

(

2,001‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  89.5

.........

(

2,200‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  90.5

.........

(

2,401‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  91.5

.........

(

5,703‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

80.75

........

(

996‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

81.75

........

(

1,146‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

82.75

........

(

676‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

84.75

........

(

1,050‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

86.25

........

(

1,334‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

87.25

........

(

1,435‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

88.25

........

(

5,581‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

89.75

........

(

2,193‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

90.25

........

(

2,309‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

90.75

........

(

2,417‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

91.25

........

(

2,921‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

91.75

........

(

2,890‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C    96

.........

(

2,775‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

101

.........

(

295‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  98.5

.........

(

3,218‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C

93.75

........

(

3,833‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C

94.25

........

(

3,689‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    89

.........

(

5,220‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P  88.5

.........

(

4,963‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

84.25

........

(

3,593‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

84.75

........

(

3,847‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

85.75

........

(

4,158‌

)

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

31

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Jan24P

90.25

........

$

(

6,040‌

)

11/27/2023

—

0

.0

%

ECX

EMISSION      Dec23

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

(

13,515‌

)

12/1/2023

—

0

.0

EURO-BOBL

FUTURE  Dec23

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

(

8,630,524‌

)

12/1/2023

—

0

.1

EURO-BUND

FUTURE  Dec23

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

(

14,055,583‌

)

12/1/2023

—

0

.1

EURO-SCHATZ

FUT  

Dec23

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

(

27,274,062‌

)

12/1/2023

—

0

.2

EURUSD

Currency

Forward

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

(

422,368‌

)

10/5/2023

—

0

.0

GASOLINE

RBOB

FUT

Apr24

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

(

150,829‌

)

4/1/2024

—

0

.0

GASOLINE

RBOB

FUT

May24

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

(

73,523‌

)

5/1/2024

—

0

.0

GASOLINE

RBOB

FUT

Nov23

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

(

190,646‌

)

11/1/2023

—

0

.0

GASOLINE

RBOB

OPT

Dec23C  

256

.......

(

13,809‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

OPT

Dec23C  

257

.......

(

10,401‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

OPT

Dec23C  

266

.......

(

15,989‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

OPT

Dec23P  

230

.......

(

55,286‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

OPT

Dec23P  

240

.......

(

87,484‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

257

.......

(

57,490‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

265

.......

(

87,909‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

266

.......

(

12,764‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

284

.......

(

27,024‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

285

.......

(

1,791‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

290

.......

(

1,102‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

225

.......

(

56,799‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

230

.......

(

5,596‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

240

.......

(

245,136‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

246

.......

(

267,039‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

247

.......

(

282,659‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

255

.......

(

469,927‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

266

.......

(

51,811‌

)

10/26/2023

—

0

.0

GBPUSD

Currency

Forward

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

(

160,766‌

)

10/18/2023

—

0

.0

GOLD

100

OZ

FUTR  Apr24

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

(

1,174,471‌

)

4/1/2024

—

0

.0

GOLD

100

OZ

FUTR  Dec23

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

(

1,677,879‌

)

12/1/2023

—

0

.0

GOLD

100

OZ

FUTR  Feb24

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

(

1,684,681‌

)

2/1/2024

—

0

.0

GOLD

100

OZ

FUTR  Jun24

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

(

487,986‌

)

6/1/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2010

.......

(

504‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2015

.......

(

508‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2020

.......

(

477‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2025

.......

(

952‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2035

.......

(

444‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2045

.......

(

817‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2050

.......

(

393‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2055

.......

(

385‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2065

.......

(

689‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2070

.......

(

316‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2075

.......

(

1,551‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2080

.......

(

1,794‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2085

.......

(

584‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2090

.......

(

274‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2095

.......

(

622‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2100

.......

(

305‌

)

3/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

32

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Apr24C  2105

.......

$

(

799‌

)

3/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Apr24C  2110

.......

(

746‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2115

.......

(

1,149‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2120

.......

(

997‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2130

.......

(

648‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2135

.......

(

251‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2140

.......

(

239‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2145

.......

(

225‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2155

.......

(

211‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2165

.......

(

382‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2170

.......

(

372‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2175

.......

(

559‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2180

.......

(

850‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2185

.......

(

327‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2190

.......

(

328‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2200

.......

(

145‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2205

.......

(

442‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2210

.......

(

136‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2215

.......

(

671‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2220

.......

(

144‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2225

.......

(

124‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2235

.......

(

235‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1840

.......

(

1,579‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1845

.......

(

848‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1850

.......

(

1,763‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1855

.......

(

928‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1860

.......

(

3,555‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1865

.......

(

4,102‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1870

.......

(

3,877‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1875

.......

(

3,130‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1880

.......

(

2,179‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1885

.......

(

1,229‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1890

.......

(

3,817‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1895

.......

(

1,367‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1900

.......

(

2,453‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1905

.......

(

2,565‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1910

.......

(

5,404‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1915

.......

(

5,559‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1920

.......

(

3,043‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1925

.......

(

4,266‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1930

.......

(

1,440‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1935

.......

(

1,534‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1945

.......

(

3,290‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1950

.......

(

6,499‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1955

.......

(

3,206‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1960

.......

(

5,190‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1965

.......

(

8,792‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1970

.......

(

3,695‌

)

3/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

33

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Apr24P  1975

.......

$

(

6,045‌

)

3/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Apr24P  1985

.......

(

2,127‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1990

.......

(

2,004‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1995

.......

(

8,537‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2000

.......

(

6,225‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2005

.......

(

7,040‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2015

.......

(

4,474‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1965

.......

(

198‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1970

.......

(

93‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1975

.......

(

84‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1980

.......

(

74‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1985

.......

(

70‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1990

.......

(

66‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1995

.......

(

60‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2005

.......

(

106‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2015

.......

(

42‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2065

.......

(

22‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2070

.......

(

50‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2080

.......

(

38‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2085

.......

(

42‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2090

.......

(

16‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2095

.......

(

19‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2100

.......

(

31‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2105

.......

(

18‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2110

.......

(

28‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2130

.......

(

4‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2135

.......

(

7‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2140

.......

(

11‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2145

.......

(

1‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2150

.......

(

16‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2160

.......

(

35‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2170

.......

(

9‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2185

.......

(

18‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2190

.......

(

9‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2205

.......

(

15‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2220

.......

(

7‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2230

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2265

.......

(

4‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2275

.......

(

10‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2280

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2290

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2295

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2310

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2320

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2330

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2340

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1740

.......

(

72‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1750

.......

(

86‌

)

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

34

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Dec23P  1755

.......

$

(

182‌

)

11/27/2023

—

0

.0

%

GOLD

FUT

OPT(CMX)

Dec23P  1770

.......

(

247‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1840

.......

(

375‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1845

.......

(

1,226‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1850

.......

(

434‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1855

.......

(

1,032‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1860

.......

(

518‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1865

.......

(

1,665‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1870

.......

(

602‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1875

.......

(

2,197‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1880

.......

(

2,168‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1890

.......

(

4,377‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1905

.......

(

2,950‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1910

.......

(

3,377‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1915

.......

(

4,905‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1920

.......

(

3,905‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1930

.......

(

1,158‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1940

.......

(

4,066‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1955

.......

(

1,444‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1965

.......

(

1,552‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1970

.......

(

1,774‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1980

.......

(

2,222‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1985

.......

(

3,811‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1990

.......

(

4,068‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1995

.......

(

2,136‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2000

.......

(

2,200‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2005

.......

(

4,404‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2010

.......

(

4,616‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2015

.......

(

2,298‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2020

.......

(

6,889‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2025

.......

(

9,528‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2030

.......

(

2,527‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2035

.......

(

2,589‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2040

.......

(

2,623‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2055

.......

(

2,902‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2045

.......

(

154‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2050

.......

(

147‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2070

.......

(

121‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2075

.......

(

121‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2085

.......

(

212‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2095

.......

(

96‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2100

.......

(

564‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2105

.......

(

180‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2110

.......

(

256‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2115

.......

(

80‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2125

.......

(

75‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2130

.......

(

71‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2135

.......

(

70‌

)

1/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

35

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Feb24C  2140

.......

$

(

192‌

)

1/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Feb24C  2145

.......

(

126‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2155

.......

(

51‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2160

.......

(

51‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2165

.......

(

37‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2170

.......

(

154‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2190

.......

(

176‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2195

.......

(

9‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2205

.......

(

38‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2210

.......

(

113‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2215

.......

(

152‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2220

.......

(

24‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2235

.......

(

28‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2240

.......

(

100‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2260

.......

(

27‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2270

.......

(

26‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2280

.......

(

24‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2290

.......

(

23‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2300

.......

(

64‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2320

.......

(

39‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2330

.......

(

35‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2340

.......

(

16‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2350

.......

(

47‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2360

.......

(

14‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2380

.......

(

13‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1855

.......

(

723‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1865

.......

(

798‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1870

.......

(

866‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1875

.......

(

2,740‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1880

.......

(

4,776‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1885

.......

(

2,041‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1890

.......

(

3,191‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1895

.......

(

4,193‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1900

.......

(

4,292‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1905

.......

(

3,473‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1910

.......

(

2,557‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1915

.......

(

2,608‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1920

.......

(

2,513‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1925

.......

(

2,655‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1930

.......

(

2,761‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1935

.......

(

2,871‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1940

.......

(

2,950‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1945

.......

(

3,067‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1960

.......

(

1,699‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1965

.......

(

1,742‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1970

.......

(

3,667‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1975

.......

(

3,663‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1980

.......

(

1,988‌

)

1/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

36

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Feb24P  1985

.......

$

(

13,837‌

)

1/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Feb24P  1990

.......

(

8,380‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1995

.......

(

2,121‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2000

.......

(

4,102‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2005

.......

(

4,301‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2010

.......

(

2,056‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2015

.......

(

6,490‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2020

.......

(

4,428‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2040

.......

(

4,919‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2045

.......

(

7,418‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2055

.......

(

5,190‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2060

.......

(

2,625‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2065

.......

(

2,675‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2075

.......

(

2,790‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2010

.......

(

897‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2040

.......

(

773‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2055

.......

(

1,859‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2060

.......

(

1,217‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2065

.......

(

1,143‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2070

.......

(

2,855‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2075

.......

(

1,630‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2080

.......

(

1,632‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2090

.......

(

501‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2095

.......

(

2,089‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2105

.......

(

471‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2125

.......

(

523‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2145

.......

(

1,273‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2150

.......

(

813‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2155

.......

(

403‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2160

.......

(

791‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2165

.......

(

1,535‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2170

.......

(

751‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2175

.......

(

361‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2180

.......

(

1,062‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2185

.......

(

343‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2195

.......

(

664‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2200

.......

(

325‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2205

.......

(

310‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1830

.......

(

920‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1860

.......

(

1,185‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1865

.......

(

2,160‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1870

.......

(

8,964‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1875

.......

(

2,331‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1880

.......

(

3,656‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1885

.......

(

1,259‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1890

.......

(

5,084‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1895

.......

(

2,751‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1900

.......

(

1,379‌

)

5/28/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

37

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Jun24P  1910

.......

$

(

1,400‌

)

5/28/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Jun24P  1940

.......

(

1,707‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1950

.......

(

3,346‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1955

.......

(

5,081‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1960

.......

(

12,300‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1965

.......

(

5,317‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1970

.......

(

5,585‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1980

.......

(

3,968‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1985

.......

(

3,959‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1990

.......

(

2,027‌

)

5/28/2024

—

0

.0

JPN

10Y

BOND(OSE)

Dec23

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

(

486,728,121‌

)

12/1/2023

—

3

.3

JPY

Currency

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

(

2,823‌

)

12/11/2013

—

0

.0

JPYUSD

Currency

Forward

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

(

454,353‌

)

10/5/2023

—

0

.0

KC

HRW

WHEAT

FUT  Dec23

.............

(

395,386‌

)

12/1/2023

—

0

.0

KC

HRW

WHEAT

FUT  Mar24

.............

(

58,770‌

)

3/1/2024

—

0

.0

KRWUSD

Currency

Forward

..............

(

82,288‌

)

10/19/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2150

.......

(

238‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2175

.......

(

163‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2225

.......

(

25‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2250

.......

(

37‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2275

.......

(

90‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2300

.......

(

121‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2325

.......

(

13‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2350

.......

(

9‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2375

.......

(

8‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2400

.......

(

20‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2425

.......

(

6‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1875

.......

(

6‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1900

.......

(

20‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1925

.......

(

22‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1950

.......

(

7‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2000

.......

(

47‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2025

.......

(

34‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2050

.......

(

55‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2075

.......

(

17‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2100

.......

(

130‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2175

.......

(

58‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2200

.......

(

111‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2175

.......

(

38‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2200

.......

(

108‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2225

.......

(

62‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2250

.......

(

166‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2275

.......

(

46‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2325

.......

(

62‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2350

.......

(

36‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2375

.......

(

74‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2400

.......

(

53‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  1925

.......

(

34‌

)

2/7/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

38

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LEAD

LME

SPOT

OPT

Feb24P  1950

.......

$

(

39‌

)

2/7/2024

—

0

.0

%

LEAD

LME

SPOT

OPT

Feb24P  1975

.......

(

63‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2000

.......

(

70‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2050

.......

(

86‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2075

.......

(

51‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2100

.......

(

167‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2125

.......

(

65‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2150

.......

(

236‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2175

.......

(

43‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2200

.......

(

29‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2225

.......

(

114‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2250

.......

(

24‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2275

.......

(

138‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2300

.......

(

25‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2325

.......

(

18‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2350

.......

(

27‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2375

.......

(

34‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2400

.......

(

9‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1900

.......

(

32‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1925

.......

(

7‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1950

.......

(

27‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1975

.......

(

25‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2000

.......

(

86‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2025

.......

(

14‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2050

.......

(

18‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2075

.......

(

105‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2100

.......

(

27‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2125

.......

(

24‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2175

.......

(

41‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2225

.......

(

229‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2250

.......

(

165‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2275

.......

(

172‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2300

.......

(

52‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2350

.......

(

105‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2375

.......

(

97‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2400

.......

(

82‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2425

.......

(

45‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1925

.......

(

15‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1950

.......

(

89‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1975

.......

(

100‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2000

.......

(

71‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2025

.......

(

103‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2050

.......

(

56‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2075

.......

(

182‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2100

.......

(

169‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2125

.......

(

148‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2150

.......

(

77‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2175

.......

(

43‌

)

3/6/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

39

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LEAD

LME

SPOT

OPT

Nov23C  2150

.......

$

(

37‌

)

11/1/2023

—

0

.0

%

LEAD

LME

SPOT

OPT

Nov23C  2175

.......

(

34‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2200

.......

(

17‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2225

.......

(

77‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2250

.......

(

77‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2275

.......

(

133‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2300

.......

(

62‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2325

.......

(

44‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2350

.......

(

34‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2375

.......

(

16‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  1925

.......

(

1‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  1950

.......

(

3‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2050

.......

(

16‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2075

.......

(

20‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2100

.......

(

77‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2125

.......

(

326‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2150

.......

(

277‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2175

.......

(

294‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2200

.......

(

255‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2225

.......

(

300‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2075

.......

(

54‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2100

.......

(

200‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2125

.......

(

30‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2150

.......

(

87‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2175

.......

(

39‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2200

.......

(

44‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2225

.......

(

20‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2250

.......

(

8‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2275

.......

(

3‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2300

.......

(

1‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2325

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2350

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2375

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2400

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2425

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1850

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1875

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1900

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1925

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1950

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  1975

.......

0‌

—

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2000

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2025

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2050

.......

(

1‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2075

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2100

.......

(

2‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2125

.......

(

3‌

)

10/4/2023

—

0

.0

LEAN

HOGS

FUTURE  Apr24

.............

(

89,530‌

)

4/1/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

40

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LEAN

HOGS

FUTURE  Dec23

.............

$

(

319,459‌

)

12/1/2023

—

0

.0

%

LEAN

HOGS

FUTURE  Feb24

.............

(

169,535‌

)

2/1/2024

—

0

.0

LIVE

CATTLE

FUTR  Apr24

...............

(

6,712‌

)

4/1/2024

—

0

.0

LIVE

CATTLE

FUTR  Dec23

...............

(

977,514‌

)

12/1/2023

—

0

.0

LME

COPPER

FUTURE

Feb24

............

(

4,218‌

)

2/1/2024

—

0

.0

LME

COPPER

FUTURE

Nov23

............

(

797,988‌

)

11/1/2023

—

0

.0

LME

COPPER

FUTURE

Oct23

............

(

1,271,964‌

)

10/1/2023

—

0

.0

LME

LEAD

FUTURE  

Nov23

..............

(

376,879‌

)

11/1/2023

—

0

.0

LME

NICKEL

FUTURE

Nov23

.............

(

1,030,314‌

)

11/1/2023

—

0

.0

LME

PRI

ALUM

FUTR

Nov23

..............

(

1,158,931‌

)

11/1/2023

—

0

.0

LME

ZINC

FUTURE  

Nov23

..............

(

1,393,795‌

)

11/1/2023

—

0

.0

LONG

GILT

FUTURE  Dec23

..............

(

6,717,121‌

)

12/1/2023

—

0

.1

Low

Su

Gasoil

G  

Feb24

.................

(

35,882‌

)

2/1/2024

—

0

.0

Low

Su

Gasoil

G  

Nov23

.................

(

1,346,982‌

)

11/1/2023

—

0

.0

MILK

FUTURE      

Nov23

.................

(

16,792‌

)

11/1/2023

—

0

.0

MILK

FUTURE      

Oct23

.................

(

33,016‌

)

10/1/2023

—

0

.0

MILL

WHEAT

EURO  

Dec23

..............

(

544‌

)

12/1/2023

—

0

.0

NATURAL

GAS

FUTR  Dec23

.............

(

590,403‌

)

12/1/2023

—

0

.0

NATURAL

GAS

FUTR  Feb24

.............

(

436,740‌

)

2/1/2024

—

0

.0

NATURAL

GAS

FUTR  May24

.............

(

148,558‌

)

5/1/2024

—

0

.0

NATURAL

GAS

FUTR  Nov23

.............

(

771,362‌

)

11/1/2023

—

0

.0

NOKUSD

Currency

Forward

...............

(

218,789‌

)

10/18/2023

—

0

.0

NY

Harb

ULSD

Fut  Nov23

................

(

846,952‌

)

11/1/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23C  

320

..........

(

45,312‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23C  

330

..........

(

39,783‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23C  

340

..........

(

31,139‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23C  

350

..........

(

19,973‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23P  

283

..........

(

21,605‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23P  

290

..........

(

26,396‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23P  

300

..........

(

34,090‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23P  

306

..........

(

44,411‌

)

11/27/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

313

..........

(

80,293‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

316

..........

(

207,774‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

320

..........

(

165,274‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

325

..........

(

131,858‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

330

..........

(

69,768‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

331

..........

(

78,774‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

335

..........

(

288,801‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

340

..........

(

178,923‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

350

..........

(

133,849‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

355

..........

(

25,907‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

360

..........

(

43,620‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23C  

375

..........

(

6,920‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

275

..........

(

5,394‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

280

..........

(

5,096‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

287

..........

(

9,190‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

290

..........

(

28,527‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

295

..........

(

31,495‌

)

10/26/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

41

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

NY

Harb

ULSD

Opt  Nov23P  

300

..........

$

(

36,328‌

)

10/26/2023

—

0

.0

%

NY

Harb

ULSD

Opt  Nov23P  

303

..........

(

20,018‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

305

..........

(

3,685‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

306

..........

(

48,345‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

308

..........

(

61,928‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

310

..........

(

24,759‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

313

..........

(

111,597‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

315

..........

(

17,503‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

320

..........

(

142,638‌

)

10/26/2023

—

0

.0

PALLADIUM

FUTURE  Dec23

.............

(

59,942‌

)

12/1/2023

—

0

.0

PLATINUM

FUTURE  

Jan24

..............

(

73,713‌

)

1/1/2024

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2225

......

(

5,298‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2250

......

(

3,790‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2275

......

(

3,270‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2300

......

(

4,038‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2325

......

(

1,118‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2075

......

(

9‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2100

......

(

83‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2125

......

(

79‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2150

......

(

217‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2175

......

(

246‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2200

......

(

154‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2225

......

(

41‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2150

......

(

718‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2175

......

(

5,856‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2200

......

(

1,740‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2225

......

(

5,840‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2250

......

(

3,043‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2275

......

(

1,834‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2300

......

(

789‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2325

......

(

152‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2350

......

(

220‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2025

......

0‌

—

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2050

......

0‌

—

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2075

......

0‌

—

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2100

......

0‌

—

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2125

......

0‌

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2150

......

(

1‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2175

......

(

1‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2200

......

(

1‌

)

10/4/2023

—

0

.0

RAPESEED  EURO    Feb24

..............

(

7,417‌

)

2/1/2024

—

0

.0

RAPESEED  EURO    Nov23

..............

(

14,309‌

)

11/1/2023

—

0

.0

SEKUSD

Currency

Forward

...............

(

115,207‌

)

10/18/2023

—

0

.0

SGDUSD

Currency

Forward

...............

(

112,428‌

)

10/18/2023

—

0

.0

SILVER

FUTURE    

Dec23

................

(

15,521‌

)

12/1/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24C  1340

.......

(

64,200‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24C  1350

.......

(

86,704‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24C  1380

.......

(

22,622‌

)

12/22/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

42

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

SOYBEAN

FUT

OPTN  Jan24C  1390

.......

$

(

17,038‌

)

12/22/2023

—

0

.0

%

SOYBEAN

FUT

OPTN  Jan24C  1400

.......

(

52,606‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1240

.......

(

67,508‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1250

.......

(

36,197‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1260

.......

(

88,698‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1280

.......

(

64,332‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1290

.......

(

63,077‌

)

12/22/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24P  1300

.......

(

185,120‌

)

12/22/2023

—

0

.0

SOYBEAN

FUTURE    Jan24

..............

(

90,904‌

)

1/1/2024

—

0

.0

SOYBEAN

FUTURE    Nov23

..............

(

1,059,300‌

)

11/1/2023

—

0

.0

SOYBEAN

MEAL

FUTR

Dec23

............

(

879,953‌

)

12/1/2023

—

0

.0

SOYBEAN

OIL

FUTR  Dec23

..............

(

742,158‌

)

12/1/2023

—

0

.0

SPI

200

FUTURES  

Dec23

...............

(

4,512‌

)

12/1/2023

—

0

.0

SUGAR

#11

(WORLD)

Mar24

..............

(

658,036‌

)

3/1/2024

—

0

.0

TTF

NAT

GAS

F    

Dec23

................

(

2,255‌

)

12/1/2023

—

0

.0

TTF

NAT

GAS

F    

Nov23

................

(

4,149‌

)

11/1/2023

—

0

.0

TWDUSD

Currency

Forward

..............

(

161,147‌

)

10/19/2023

—

0

.0

UK

Natural

Gas

FutDec23

................

(

1,983‌

)

12/1/2023

—

0

.0

UK

Natural

Gas

FutNov23

................

(

3,533‌

)

11/1/2023

—

0

.0

US

10YR

NOTE

(CBT)Dec23

..............

(

20,134,500‌

)

12/1/2023

—

0

.1

US

2YR

NOTE

(CBT)

Dec23

..............

(

22,275,459‌

)

12/1/2023

—

0

.2

US

5YR

NOTE

(CBT)

Dec23

..............

(

9,547,916‌

)

12/1/2023

—

0

.1

WHEAT

FUTURE(CBT)

Dec23

.............

(

602,384‌

)

12/1/2023

—

0

.0

WHEAT

FUTURE(CBT)

Mar24

.............

(

148,088‌

)

3/1/2024

—

0

.0

WHITE

SUGAR

(ICE)

Dec23

..............

(

12,037‌

)

12/1/2023

—

0

.0

WTI

CRUDE

FUTURE  Feb24

.............

(

235,858‌

)

2/1/2024

—

0

.0

WTI

CRUDE

FUTURE  Nov23

.............

(

2,733,539‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2500

.........

(

845‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2525

.........

(

1,506‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2550

.........

(

4,333‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2575

.........

(

2,776‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2600

.........

(

2,037‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2625

.........

(

2,232‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2650

.........

(

2,383‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2675

.........

(

1,378‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2700

.........

(

527‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2725

.........

(

252‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2325

.........

(

81‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2350

.........

(

120‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2375

.........

(

132‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2400

.........

(

308‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2425

.........

(

606‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2450

.........

(

72‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2475

.........

(

541‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2500

.........

(

237‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2525

.........

(

278‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2350

.........

(

4,486‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2375

.........

(

3,881‌

)

10/4/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

43

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

ZINC

SPT

OP

(LME)

Oct23C  2400

.........

$

(

1,069‌

)

10/4/2023

—

0

.0

%

ZINC

SPT

OP

(LME)

Oct23C  2425

.........

(

2,086‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2450

.........

(

5,165‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2475

.........

(

4,201‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2500

.........

(

2,312‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2525

.........

(

2,724‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2550

.........

(

1,420‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2575

.........

(

2,394‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2600

.........

(

272‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2625

.........

(

232‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2650

.........

(

315‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2675

.........

(

283‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2700

.........

(

69‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2150

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2175

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2200

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2225

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2250

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2275

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2300

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2325

.........

0‌

—

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2350

.........

0‌

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2375

.........

0‌

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2400

.........

(

1‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2425

.........

(

2‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2450

.........

(

4‌

)

10/4/2023

—

0

.0

Total

(

14,859,401,085‌

)

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

VMACBTRS

basket

-

Long.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRENT

CRUDE

FUTR  Dec23

.............

$

2,166,410‌

12/1/2023

—

65

.5

%

COCOA

FUTURE      Dec23

...............

91,316‌

12/1/2023

—

2

.8

CORN

FUTURE      

Mar24

................

8,131‌

3/1/2024

—

0

.3

COTTON

NO.2

FUTR  Dec23

..............

44,984‌

12/1/2023

—

1

.4

COTTON

NO.2

FUTR  Mar24

..............

1,721‌

3/1/2024

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C    98

.........

1,458‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  

100

........

508‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  

101

........

422‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  99.5

........

275‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

98.75

........

318‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    35

.........

114‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    38

.........

57‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    39

.........

29‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    40

.........

57‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    41

.........

29‌

10/26/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

44

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Dec23P    42

.........

$

29‌

10/26/2023

—

0

.0

%

CRUDE

OIL

OPT

IPE

Dec23P    43

.........

171‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    44

.........

29‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    46

.........

29‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    47

.........

57‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    49

.........

29‌

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

103

.........

692‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

104

.........

311‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24C  

110

.........

2,234‌

12/21/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Feb24C  

111

.........

316‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    43

.........

171‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    44

.........

171‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    45

.........

171‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    46

.........

199‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    47

.........

598‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    48

.........

598‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    49

.........

228‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    50

.........

455‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    51

.........

512‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Feb24P    52

.........

768‌

12/21/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C    99

.........

474‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

100

.........

827‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

102

.........

943‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

103

.........

558‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C  

105

.........

1,716‌

11/27/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Jan24C  

110

.........

122‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    43

.........

114‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    44

.........

342‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    45

.........

798‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    46

.........

798‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    47

.........

428‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    48

.........

143‌

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

111

.........

229‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

112

.........

422‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24C  

114

.........

183‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24P    45

.........

768‌

1/26/2024

—

0

.0

CRUDE

OIL

OPT

IPE

Mar24P    46

.........

284‌

1/26/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2115

.......

8‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2120

.......

36‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2125

.......

5‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2155

.......

3‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2165

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2175

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2180

.......

12‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2195

.......

12‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2210

.......

20‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2215

.......

20‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2225

.......

8‌

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

45

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Dec23C  2235

.......

$

8‌

11/27/2023

—

0

.0

%

GOLD

FUT

OPT(CMX)

Dec23C  2240

.......

2‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2245

.......

12‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2250

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2255

.......

26‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2260

.......

11‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2270

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2285

.......

12‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2300

.......

4‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1760

.......

187‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1765

.......

205‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1775

.......

375‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1780

.......

408‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1785

.......

149‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1790

.......

329‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1795

.......

367‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1800

.......

793‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1805

.......

654‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1810

.......

1,199‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1815

.......

527‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1820

.......

16‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1825

.......

983‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1830

.......

719‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1835

.......

378‌

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2120

.......

29‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2150

.......

75‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2175

.......

190‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2185

.......

16‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2200

.......

82‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2225

.......

7‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2250

.......

38‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2255

.......

7‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2265

.......

9‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2275

.......

32‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1740

.......

151‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1780

.......

259‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1790

.......

1,475‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1795

.......

945‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1800

.......

1,346‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1805

.......

1,081‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1810

.......

1,152‌

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1825

.......

465‌

1/25/2024

—

0

.0

LME

LEAD

FUTURE  

Dec23

..............

6,270‌

12/1/2023

—

0

.2

LME

LEAD

FUTURE  

Feb24

..............

2,820‌

2/1/2024

—

0

.1

LME

LEAD

FUTURE  

Jan24

..............

5,949‌

1/1/2024

—

0

.2

LME

LEAD

FUTURE  

Mar24

..............

2,622‌

3/1/2024

—

0

.1

LME

LEAD

FUTURE  

Oct23

..............

20,027‌

10/1/2023

—

0

.6

LME

PRI

ALUM

FUTR

Nov23

..............

132,160‌

11/1/2023

—

4

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

46

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LME

PRI

ALUM

FUTR

Oct23

..............

$

250,120‌

10/1/2023

—

7

.6

%

LME

ZINC

FUTURE  

Nov23

..............

100,261‌

11/1/2023

—

3

.0

LME

ZINC

FUTURE  

Oct23

...............

345,090‌

10/1/2023

—

10

.4

NY

Harb

ULSD

Fut  Dec23

................

1,812‌

12/1/2023

—

0

.1

NY

Harb

ULSD

Fut  Nov23

................

91,623‌

11/1/2023

—

2

.8

Total

3,306,363‌

—

100.0%

*

The

following

table

shows

the

individual

positions

and

related

values

of

the

securities

within

the

VMACBTRS

basket

-

Short.

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

BRENT

CRUDE

FUTR  Jan24

.............

$

(

3,963‌

)

1/1/2024

—

0

.0

%

COCOA

FUTR

OPTION

Dec23C  3200

......

(

822‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3250

......

(

602‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3300

......

(

486‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3350

......

(

994‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3400

......

(

1,262‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3450

......

(

515‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3500

......

(

971‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3550

......

(

759‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3600

......

(

562‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3650

......

(

197‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3700

......

(

454‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3750

......

(

90‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3800

......

(

68‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23C  3850

......

(

97‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2800

......

(

4‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2850

......

(

6‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2900

......

(

19‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  2950

......

(

59‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3000

......

(

56‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3050

......

(

112‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3100

......

(

217‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3150

......

(

325‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3200

......

(

226‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3250

......

(

529‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3300

......

(

605‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3350

......

(

331‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3400

......

(

228‌

)

11/3/2023

—

0

.0

COCOA

FUTR

OPTION

Dec23P  3450

......

(

900‌

)

11/3/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

165

.........

(

8,187‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

170

.........

(

16,689‌

)

11/10/2023

—

0

.1

COFFEE

'C'

FUT

OP

Dec23C  

175

.........

(

6,008‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

180

.........

(

4,710‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

185

.........

(

5,201‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

190

.........

(

1,324‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

195

.........

(

629‌

)

11/10/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

47

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COFFEE

'C'

FUT

OP

Dec23C  

200

.........

$

(

511‌

)

11/10/2023

—

0

.0

%

COFFEE

'C'

FUT

OP

Dec23C  

205

.........

(

206‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

210

.........

(

462‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

215

.........

(

127‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C  

220

.........

(

97‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

167.5

........

(

17,152‌

)

11/10/2023

—

0

.1

COFFEE

'C'

FUT

OP

Dec23C

172.5

........

(

7,907‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

177.5

........

(

3,919‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

182.5

........

(

7,655‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

187.5

........

(

987‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

192.5

........

(

1,101‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

197.5

........

(

289‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23C

212.5

........

(

142‌

)

11/10/2023

—

0

.0

COFFEE

'C'

FUT

OP

Dec23P  

140

.........

(

21,686‌

)

11/10/2023

—

0

.1

COFFEE

'C'

FUT

OP

Dec23P  

145

.........

(

84,985‌

)

11/10/2023

—

0

.4

COFFEE

'C'

FUT

OP

Dec23P  

150

.........

(

130,147‌

)

11/10/2023

—

0

.7

COFFEE

'C'

FUT

OP

Dec23P  

155

.........

(

332,257‌

)

11/10/2023

—

1

.7

COFFEE

'C'

FUT

OP

Dec23P  

160

.........

(

402,099‌

)

11/10/2023

—

2

.1

COFFEE

'C'

FUT

OP

Dec23P  

165

.........

(

113,150‌

)

11/10/2023

—

0

.6

COFFEE

'C'

FUT

OP

Dec23P  

170

.........

(

65,398‌

)

11/10/2023

—

0

.3

COFFEE

'C'

FUT

OP

Dec23P  

175

.........

(

158,689‌

)

11/10/2023

—

0

.8

COFFEE

'C'

FUT

OP

Dec23P  

180

.........

(

85,010‌

)

11/10/2023

—

0

.4

COFFEE

'C'

FUT

OP

Dec23P

142.5

.........

(

136,370‌

)

11/10/2023

—

0

.7

COFFEE

'C'

FUT

OP

Dec23P

147.5

.........

(

222,515‌

)

11/10/2023

—

1

.1

COFFEE

'C'

FUT

OP

Dec23P

152.5

.........

(

276,855‌

)

11/10/2023

—

1

.4

COFFEE

'C'

FUT

OP

Dec23P

157.5

.........

(

358,751‌

)

11/10/2023

—

1

.8

COFFEE

'C'

FUT

OP

Dec23P

162.5

.........

(

104,726‌

)

11/10/2023

—

0

.5

COFFEE

'C'

FUT

OP

Dec23P

172.5

.........

(

223,318‌

)

11/10/2023

—

1

.1

COFFEE

'C'

FUT

OP

Mar24C  

160

.........

(

85,639‌

)

2/9/2024

—

0

.4

COFFEE

'C'

FUT

OP

Mar24C  

165

.........

(

114,763‌

)

2/9/2024

—

0

.6

COFFEE

'C'

FUT

OP

Mar24C  

170

.........

(

43,488‌

)

2/9/2024

—

0

.2

COFFEE

'C'

FUT

OP

Mar24C  

175

.........

(

37,423‌

)

2/9/2024

—

0

.2

COFFEE

'C'

FUT

OP

Mar24C  

180

.........

(

34,141‌

)

2/9/2024

—

0

.2

COFFEE

'C'

FUT

OP

Mar24C  

185

.........

(

8,625‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24C

157.5

........

(

14,450‌

)

2/9/2024

—

0

.1

COFFEE

'C'

FUT

OP

Mar24C

162.5

........

(

117,249‌

)

2/9/2024

—

0

.6

COFFEE

'C'

FUT

OP

Mar24C

167.5

........

(

30,348‌

)

2/9/2024

—

0

.2

COFFEE

'C'

FUT

OP

Mar24C

172.5

........

(

56,594‌

)

2/9/2024

—

0

.3

COFFEE

'C'

FUT

OP

Mar24C

177.5

........

(

72,098‌

)

2/9/2024

—

0

.4

COFFEE

'C'

FUT

OP

Mar24C

182.5

........

(

14,462‌

)

2/9/2024

—

0

.1

COFFEE

'C'

FUT

OP

Mar24C

187.5

........

(

8,235‌

)

2/9/2024

—

0

.0

COFFEE

'C'

FUT

OP

Mar24P  

135

.........

(

117,118‌

)

2/9/2024

—

0

.6

COFFEE

'C'

FUT

OP

Mar24P  

140

.........

(

134,855‌

)

2/9/2024

—

0

.7

COFFEE

'C'

FUT

OP

Mar24P  

145

.........

(

263,034‌

)

2/9/2024

—

1

.4

COFFEE

'C'

FUT

OP

Mar24P  

150

.........

(

411,256‌

)

2/9/2024

—

2

.1

COFFEE

'C'

FUT

OP

Mar24P  

155

.........

(

215,823‌

)

2/9/2024

—

1

.1

COFFEE

'C'

FUT

OP

Mar24P

137.5

.........

(

271,298‌

)

2/9/2024

—

1

.4

COFFEE

'C'

FUT

OP

Mar24P

142.5

.........

(

84,605‌

)

2/9/2024

—

0

.4

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

48

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COFFEE

'C'

FUT

OP

Mar24P

147.5

.........

$

(

310,575‌

)

2/9/2024

—

1

.6

%

COFFEE

'C'

FUT

OP

Mar24P

152.5

.........

(

69,027‌

)

2/9/2024

—

0

.4

COFFEE

'C'

FUT

OP

Mar24P

157.5

.........

(

90,715‌

)

2/9/2024

—

0

.5

COFFEE

'C'

FUTURE

Dec23

..............

(

216,222‌

)

12/1/2023

—

1

.1

COFFEE

'C'

FUTURE

Mar24

..............

(

75,350‌

)

3/1/2024

—

0

.4

COPPER

LME

OPT    Nov23C  8225

........

(

1,681‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8250

........

(

1,604‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8275

........

(

1,479‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8325

........

(

1,286‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8350

........

(

1,191‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8400

........

(

1,231‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8425

........

(

2,015‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8450

........

(

897‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8475

........

(

2,681‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8500

........

(

840‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8525

........

(

824‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8550

........

(

2,948‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8575

........

(

2,082‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8625

........

(

629‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8650

........

(

1,752‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8675

........

(

505‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8725

........

(

934‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8775

........

(

1,203‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8800

........

(

1,075‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23C  8900

........

(

566‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7775

........

(

376‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7800

........

(

407‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7825

........

(

463‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7875

........

(

573‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7900

........

(

1,352‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  7975

........

(

2,438‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8000

........

(

1,758‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8025

........

(

2,635‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8050

........

(

2,290‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8075

........

(

5,860‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8100

........

(

1,018‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8125

........

(

2,653‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8175

........

(

1,277‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8200

........

(

1,499‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8225

........

(

3,100‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8250

........

(

1,797‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8275

........

(

5,422‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8300

........

(

3,727‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8325

........

(

2,164‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Nov23P  8350

........

(

2,435‌

)

11/1/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8325

........

(

305‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8375

........

(

217‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8400

........

(

319‌

)

10/4/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

49

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

COPPER

LME

OPT    Oct23C  8425

........

$

(

124‌

)

10/4/2023

—

0

.0

%

COPPER

LME

OPT    Oct23C  8450

........

(

102‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8475

........

(

89‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8500

........

(

123‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8525

........

(

95‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8550

........

(

45‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8575

........

(

138‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8600

........

(

69‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8625

........

(

23‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8650

........

(

37‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8675

........

(

14‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8700

........

(

21‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8725

........

(

26‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8750

........

(

20‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8775

........

(

9‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8800

........

(

8‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8850

........

(

10‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  8875

........

(

2‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9000

........

(

1‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9075

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9125

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23C  9200

........

0‌

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7800

........

(

9‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7825

........

(

13‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7875

........

(

22‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7900

........

(

128‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7925

........

(

39‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  7975

........

(

77‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8000

........

(

97‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8025

........

(

702‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8075

........

(

159‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8100

........

(

469‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8125

........

(

1,095‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8150

........

(

1,293‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8175

........

(

362‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8200

........

(

488‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8225

........

(

1,078‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8250

........

(

2,593‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8325

........

(

4,059‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8350

........

(

2,513‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8400

........

(

3,108‌

)

10/4/2023

—

0

.0

COPPER

LME

OPT    Oct23P  8450

........

(

2,170‌

)

10/4/2023

—

0

.0

CORN

FUTURE

OPTN  Mar24C  

510

.......

(

113,775‌

)

2/23/2024

—

0

.6

CORN

FUTURE

OPTN  Mar24C  

520

.......

(

25,903‌

)

2/23/2024

—

0

.1

CORN

FUTURE

OPTN  Mar24C  

530

.......

(

36,976‌

)

2/23/2024

—

0

.2

CORN

FUTURE

OPTN  Mar24C  

540

.......

(

46,447‌

)

2/23/2024

—

0

.2

CORN

FUTURE

OPTN  Mar24P  

460

.......

(

110,203‌

)

2/23/2024

—

0

.6

CORN

FUTURE

OPTN  Mar24P  

480

.......

(

151,237‌

)

2/23/2024

—

0

.8

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

50

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CORN

FUTURE

OPTN  Mar24P  

490

.......

$

(

40,532‌

)

2/23/2024

—

0

.2

%

COTTON

OPTION    

Dec23C    86

.........

(

46,454‌

)

11/10/2023

—

0

.2

COTTON

OPTION    

Dec23C    87

.........

(

22,024‌

)

11/10/2023

—

0

.1

COTTON

OPTION    

Dec23C    88

.........

(

32,756‌

)

11/10/2023

—

0

.2

COTTON

OPTION    

Dec23C    89

.........

(

104,905‌

)

11/10/2023

—

0

.5

COTTON

OPTION    

Dec23C    90

.........

(

90,493‌

)

11/10/2023

—

0

.5

COTTON

OPTION    

Dec23C    91

.........

(

62,286‌

)

11/10/2023

—

0

.3

COTTON

OPTION    

Dec23C    92

.........

(

32,931‌

)

11/10/2023

—

0

.2

COTTON

OPTION    

Dec23C    93

.........

(

66,412‌

)

11/10/2023

—

0

.3

COTTON

OPTION    

Dec23C    94

.........

(

18,803‌

)

11/10/2023

—

0

.1

COTTON

OPTION    

Dec23C    95

.........

(

15,821‌

)

11/10/2023

—

0

.1

COTTON

OPTION    

Dec23C    97

.........

(

3,792‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    78

.........

(

8,061‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    79

.........

(

4,873‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    80

.........

(

5,419‌

)

11/10/2023

—

0

.0

COTTON

OPTION    

Dec23P    81

.........

(

23,420‌

)

11/10/2023

—

0

.1

COTTON

OPTION    

Dec23P    82

.........

(

70,816‌

)

11/10/2023

—

0

.4

COTTON

OPTION    

Dec23P    83

.........

(

44,163‌

)

11/10/2023

—

0

.2

COTTON

OPTION    

Dec23P    84

.........

(

78,866‌

)

11/10/2023

—

0

.4

COTTON

OPTION    

Dec23P    85

.........

(

93,438‌

)

11/10/2023

—

0

.5

COTTON

OPTION    

Dec23P    86

.........

(

89,140‌

)

11/10/2023

—

0

.5

COTTON

OPTION    

Dec23P    87

.........

(

34,914‌

)

11/10/2023

—

0

.2

COTTON

OPTION    

Dec23P    88

.........

(

23,979‌

)

11/10/2023

—

0

.1

COTTON

OPTION    

Mar24C    91

.........

(

42,839‌

)

2/9/2024

—

0

.2

COTTON

OPTION    

Mar24C    92

.........

(

16,541‌

)

2/9/2024

—

0

.1

COTTON

OPTION    

Mar24C    93

.........

(

33,287‌

)

2/9/2024

—

0

.2

COTTON

OPTION    

Mar24C    96

.........

(

26,435‌

)

2/9/2024

—

0

.1

COTTON

OPTION    

Mar24C    98

.........

(

32,798‌

)

2/9/2024

—

0

.2

COTTON

OPTION    

Mar24P    80

.........

(

25,493‌

)

2/9/2024

—

0

.1

COTTON

OPTION    

Mar24P    82

.........

(

48,719‌

)

2/9/2024

—

0

.3

COTTON

OPTION    

Mar24P    85

.........

(

40,655‌

)

2/9/2024

—

0

.2

COTTON

OPTION    

Mar24P    86

.........

(

23,991‌

)

2/9/2024

—

0

.1

COTTON

OPTION    

Mar24P    87

.........

(

45,430‌

)

2/9/2024

—

0

.2

CRUDE

OIL

OPT

IPE

Dec23C    89

.........

(

6,524‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    91

.........

(

9,588‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C    92

.........

(

3,521‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    95

.........

(

1,756‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    96

.........

(

1,738‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    97

.........

(

1,084‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C    99

.........

(

3,902‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  85.5

........

(

22,154‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C  86.5

........

(

9,728‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C  87.5

........

(

8,235‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  89.5

........

(

13,823‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C  90.5

........

(

10,643‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C  92.5

........

(

10,124‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C  93.5

........

(

2,496‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  94.5

........

(

2,721‌

)

10/26/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

51

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Dec23C  95.5

........

$

(

4,903‌

)

10/26/2023

—

0

.0

%

CRUDE

OIL

OPT

IPE

Dec23C  96.5

........

(

2,506‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C  97.5

........

(

188‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

86.25

........

(

9,421‌

)

10/26/2023

—

0

.1

CRUDE

OIL

OPT

IPE

Dec23C

87.25

........

(

8,483‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

90.25

........

(

6,063‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

91.25

........

(

4,919‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

91.75

........

(

3,589‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

92.75

........

(

3,234‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

93.75

........

(

2,513‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

94.25

........

(

2,004‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

94.75

........

(

3,743‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

95.25

........

(

1,781‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

95.75

........

(

1,597‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

97.75

........

(

1,168‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23C

98.25

........

(

2,102‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    77

.........

(

605‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    78

.........

(

662‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    79

.........

(

398‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    81

.........

(

529‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    83

.........

(

1,403‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    84

.........

(

1,742‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    85

.........

(

998‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    86

.........

(

1,149‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    87

.........

(

1,284‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P    88

.........

(

5,037‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  79.5

.........

(

419‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  82.5

.........

(

686‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  84.5

.........

(

1,832‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  86.5

.........

(

2,567‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  87.5

.........

(

4,456‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  88.5

.........

(

1,881‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  89.5

.........

(

2,068‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  90.5

.........

(

2,256‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P  91.5

.........

(

5,360‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

80.75

........

(

936‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

81.75

........

(

1,077‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

82.75

........

(

635‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

84.75

........

(

987‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

86.25

........

(

1,254‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

87.25

........

(

1,349‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

88.25

........

(

5,245‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

89.75

........

(

2,061‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

90.25

........

(

2,170‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

90.75

........

(

2,271‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

91.25

........

(

2,745‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Dec23P

91.75

........

(

2,716‌

)

10/26/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C    96

.........

(

2,608‌

)

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

52

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

CRUDE

OIL

OPT

IPE

Jan24C  

101

.........

$

(

285‌

)

11/27/2023

—

0

.0

%

CRUDE

OIL

OPT

IPE

Jan24C  98.5

.........

(

3,032‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C

93.75

........

(

3,602‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24C

94.25

........

(

3,467‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P    89

.........

(

4,906‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P  88.5

.........

(

4,664‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

84.25

........

(

3,376‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

84.75

........

(

3,615‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

85.75

........

(

3,907‌

)

11/27/2023

—

0

.0

CRUDE

OIL

OPT

IPE

Jan24P

90.25

........

(

5,676‌

)

11/27/2023

—

0

.0

GASOLINE

RBOB

FUT

Dec23

.............

(

2,854‌

)

12/1/2023

—

0

.0

GASOLINE

RBOB

FUT

Nov23

.............

(

32,296‌

)

11/1/2023

—

0

.2

GASOLINE

RBOB

OPT

Dec23C  

256

.......

(

12,978‌

)

11/27/2023

—

0

.1

GASOLINE

RBOB

OPT

Dec23C  

257

.......

(

9,774‌

)

11/27/2023

—

0

.1

GASOLINE

RBOB

OPT

Dec23C  

266

.......

(

15,027‌

)

11/27/2023

—

0

.1

GASOLINE

RBOB

OPT

Dec23P  

230

.......

(

51,957‌

)

11/27/2023

—

0

.3

GASOLINE

RBOB

OPT

Dec23P  

240

.......

(

82,216‌

)

11/27/2023

—

0

.4

GASOLINE

RBOB

OPT

Nov23C  

257

.......

(

54,028‌

)

10/26/2023

—

0

.3

GASOLINE

RBOB

OPT

Nov23C  

265

.......

(

82,615‌

)

10/26/2023

—

0

.4

GASOLINE

RBOB

OPT

Nov23C  

266

.......

(

11,996‌

)

10/26/2023

—

0

.1

GASOLINE

RBOB

OPT

Nov23C  

284

.......

(

25,397‌

)

10/26/2023

—

0

.1

GASOLINE

RBOB

OPT

Nov23C  

285

.......

(

1,684‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23C  

290

.......

(

1,036‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

225

.......

(

53,379‌

)

10/26/2023

—

0

.3

GASOLINE

RBOB

OPT

Nov23P  

230

.......

(

5,259‌

)

10/26/2023

—

0

.0

GASOLINE

RBOB

OPT

Nov23P  

240

.......

(

230,374‌

)

10/26/2023

—

1

.2

GASOLINE

RBOB

OPT

Nov23P  

246

.......

(

250,958‌

)

10/26/2023

—

1

.3

GASOLINE

RBOB

OPT

Nov23P  

247

.......

(

265,637‌

)

10/26/2023

—

1

.4

GASOLINE

RBOB

OPT

Nov23P  

255

.......

(

441,628‌

)

10/26/2023

—

2

.3

GASOLINE

RBOB

OPT

Nov23P  

266

.......

(

48,691‌

)

10/26/2023

—

0

.3

GOLD

100

OZ

FUTR  Apr24

...............

(

1,103,744‌

)

4/1/2024

—

5

.7

GOLD

100

OZ

FUTR  Dec23

..............

(

1,368,879‌

)

12/1/2023

—

7

.0

GOLD

100

OZ

FUTR  Feb24

..............

(

1,569,253‌

)

2/1/2024

—

8

.0

GOLD

100

OZ

FUTR  Jun24

..............

(

458,599‌

)

6/1/2024

—

2

.4

GOLD

FUT

OPT(CMX)

Apr24C  2010

.......

(

474‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2015

.......

(

477‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2020

.......

(

449‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2025

.......

(

895‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2035

.......

(

417‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2045

.......

(

768‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2050

.......

(

369‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2055

.......

(

362‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2065

.......

(

648‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2070

.......

(

297‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2075

.......

(

1,458‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2080

.......

(

1,686‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2085

.......

(

549‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2090

.......

(

257‌

)

3/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

53

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Apr24C  2095

.......

$

(

585‌

)

3/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Apr24C  2100

.......

(

286‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2105

.......

(

751‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2110

.......

(

701‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2115

.......

(

1,080‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2120

.......

(

937‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2130

.......

(

609‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2135

.......

(

236‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2140

.......

(

224‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2145

.......

(

211‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2155

.......

(

198‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2165

.......

(

359‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2170

.......

(

350‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2175

.......

(

525‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2180

.......

(

799‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2185

.......

(

307‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2190

.......

(

309‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2200

.......

(

136‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2205

.......

(

416‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2210

.......

(

128‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2215

.......

(

630‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2220

.......

(

136‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2225

.......

(

117‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24C  2235

.......

(

221‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1840

.......

(

1,484‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1845

.......

(

797‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1850

.......

(

1,656‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1855

.......

(

872‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1860

.......

(

3,341‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1865

.......

(

3,855‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1870

.......

(

3,644‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1875

.......

(

2,942‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1880

.......

(

2,048‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1885

.......

(

1,155‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1890

.......

(

3,587‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1895

.......

(

1,285‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1900

.......

(

2,305‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1905

.......

(

2,411‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1910

.......

(

5,079‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1915

.......

(

5,224‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1920

.......

(

2,860‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1925

.......

(

4,009‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1930

.......

(

1,354‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1935

.......

(

1,442‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1945

.......

(

3,092‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1950

.......

(

6,107‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1955

.......

(

3,013‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1960

.......

(

4,877‌

)

3/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

54

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Apr24P  1965

.......

$

(

8,262‌

)

3/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Apr24P  1970

.......

(

3,472‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1975

.......

(

5,681‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1985

.......

(

1,999‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1990

.......

(

1,884‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  1995

.......

(

8,023‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2000

.......

(

5,850‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2005

.......

(

6,616‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Apr24P  2015

.......

(

4,204‌

)

3/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1965

.......

(

186‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1970

.......

(

88‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1975

.......

(

79‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1980

.......

(

70‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1985

.......

(

66‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1990

.......

(

62‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  1995

.......

(

56‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2005

.......

(

100‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2015

.......

(

39‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2065

.......

(

21‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2070

.......

(

47‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2080

.......

(

36‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2085

.......

(

40‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2090

.......

(

15‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2095

.......

(

18‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2100

.......

(

29‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2105

.......

(

17‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2110

.......

(

26‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2130

.......

(

4‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2135

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2140

.......

(

10‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2145

.......

(

1‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2150

.......

(

15‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2160

.......

(

32‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2170

.......

(

8‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2185

.......

(

17‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2190

.......

(

8‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2205

.......

(

14‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2220

.......

(

7‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2230

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2265

.......

(

4‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2275

.......

(

9‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2280

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2290

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2295

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2310

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2320

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2330

.......

(

6‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23C  2340

.......

(

6‌

)

11/27/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

55

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Dec23P  1740

.......

$

(

67‌

)

11/27/2023

—

0

.0

%

GOLD

FUT

OPT(CMX)

Dec23P  1750

.......

(

80‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1755

.......

(

171‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1770

.......

(

233‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1840

.......

(

352‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1845

.......

(

1,152‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1850

.......

(

408‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1855

.......

(

970‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1860

.......

(

486‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1865

.......

(

1,564‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1870

.......

(

566‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1875

.......

(

2,064‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1880

.......

(

2,037‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1890

.......

(

4,114‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1905

.......

(

2,773‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1910

.......

(

3,173‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1915

.......

(

4,609‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1920

.......

(

3,669‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1930

.......

(

1,088‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1940

.......

(

3,822‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1955

.......

(

1,357‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1965

.......

(

1,458‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1970

.......

(

1,667‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1980

.......

(

2,088‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1985

.......

(

3,582‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1990

.......

(

3,823‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  1995

.......

(

2,008‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2000

.......

(

2,068‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2005

.......

(

4,138‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2010

.......

(

4,338‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2015

.......

(

2,159‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2020

.......

(

6,474‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2025

.......

(

8,955‌

)

11/27/2023

—

0

.1

GOLD

FUT

OPT(CMX)

Dec23P  2030

.......

(

2,375‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2035

.......

(

2,433‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2040

.......

(

2,465‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Dec23P  2055

.......

(

2,727‌

)

11/27/2023

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2045

.......

(

145‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2050

.......

(

138‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2070

.......

(

114‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2075

.......

(

113‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2085

.......

(

200‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2095

.......

(

90‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2100

.......

(

530‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2105

.......

(

169‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2110

.......

(

241‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2115

.......

(

75‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2125

.......

(

70‌

)

1/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

56

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Feb24C  2130

.......

$

(

67‌

)

1/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Feb24C  2135

.......

(

65‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2140

.......

(

181‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2145

.......

(

119‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2155

.......

(

48‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2160

.......

(

48‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2165

.......

(

36‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2170

.......

(

145‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2190

.......

(

165‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2195

.......

(

9‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2205

.......

(

36‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2210

.......

(

107‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2215

.......

(

143‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2220

.......

(

23‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2235

.......

(

27‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2240

.......

(

94‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2260

.......

(

25‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2270

.......

(

25‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2280

.......

(

23‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2290

.......

(

22‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2300

.......

(

60‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2320

.......

(

36‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2330

.......

(

33‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2340

.......

(

15‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2350

.......

(

45‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2360

.......

(

14‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24C  2380

.......

(

12‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1855

.......

(

679‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1865

.......

(

750‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1870

.......

(

814‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1875

.......

(

2,575‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1880

.......

(

4,489‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1885

.......

(

1,918‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1890

.......

(

2,999‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1895

.......

(

3,940‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1900

.......

(

4,033‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1905

.......

(

3,264‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1910

.......

(

2,403‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1915

.......

(

2,451‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1920

.......

(

2,361‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1925

.......

(

2,495‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1930

.......

(

2,594‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1935

.......

(

2,698‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1940

.......

(

2,773‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1945

.......

(

2,882‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1960

.......

(

1,596‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1965

.......

(

1,637‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1970

.......

(

3,446‌

)

1/25/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

57

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Feb24P  1975

.......

$

(

3,442‌

)

1/25/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Feb24P  1980

.......

(

1,868‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1985

.......

(

13,004‌

)

1/25/2024

—

0

.1

GOLD

FUT

OPT(CMX)

Feb24P  1990

.......

(

7,875‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  1995

.......

(

1,993‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2000

.......

(

3,855‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2005

.......

(

4,042‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2010

.......

(

1,932‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2015

.......

(

6,099‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2020

.......

(

4,161‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2040

.......

(

4,623‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2045

.......

(

6,971‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2055

.......

(

4,877‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2060

.......

(

2,467‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2065

.......

(

2,514‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Feb24P  2075

.......

(

2,622‌

)

1/25/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2010

.......

(

843‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2040

.......

(

727‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2055

.......

(

1,747‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2060

.......

(

1,144‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2065

.......

(

1,074‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2070

.......

(

2,683‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2075

.......

(

1,532‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2080

.......

(

1,534‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2090

.......

(

471‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2095

.......

(

1,963‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2105

.......

(

443‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2125

.......

(

492‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2145

.......

(

1,196‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2150

.......

(

764‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2155

.......

(

378‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2160

.......

(

743‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2165

.......

(

1,443‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2170

.......

(

705‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2175

.......

(

339‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2180

.......

(

998‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2185

.......

(

323‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2195

.......

(

624‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2200

.......

(

305‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24C  2205

.......

(

291‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1830

.......

(

865‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1860

.......

(

1,113‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1865

.......

(

2,030‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1870

.......

(

8,424‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1875

.......

(

2,191‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1880

.......

(

3,436‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1885

.......

(

1,183‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1890

.......

(

4,778‌

)

5/28/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

58

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

GOLD

FUT

OPT(CMX)

Jun24P  1895

.......

$

(

2,586‌

)

5/28/2024

—

0

.0

%

GOLD

FUT

OPT(CMX)

Jun24P  1900

.......

(

1,296‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1910

.......

(

1,315‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1940

.......

(

1,604‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1950

.......

(

3,144‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1955

.......

(

4,775‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1960

.......

(

11,559‌

)

5/28/2024

—

0

.1

GOLD

FUT

OPT(CMX)

Jun24P  1965

.......

(

4,996‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1970

.......

(

5,249‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1980

.......

(

3,729‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1985

.......

(

3,721‌

)

5/28/2024

—

0

.0

GOLD

FUT

OPT(CMX)

Jun24P  1990

.......

(

1,905‌

)

5/28/2024

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2150

.......

(

224‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2175

.......

(

153‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2225

.......

(

24‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2250

.......

(

34‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2275

.......

(

85‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2300

.......

(

113‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2325

.......

(

13‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2350

.......

(

9‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2375

.......

(

8‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2400

.......

(

19‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23C  2425

.......

(

6‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1875

.......

(

6‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1900

.......

(

19‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1925

.......

(

21‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  1950

.......

(

6‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2000

.......

(

44‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2025

.......

(

31‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2050

.......

(

52‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2075

.......

(

16‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2100

.......

(

122‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2175

.......

(

55‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Dec23P  2200

.......

(

104‌

)

12/6/2023

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2175

.......

(

36‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2200

.......

(

101‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2225

.......

(

59‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2250

.......

(

156‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2275

.......

(

43‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2325

.......

(

59‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2350

.......

(

34‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2375

.......

(

69‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24C  2400

.......

(

50‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  1925

.......

(

32‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  1950

.......

(

37‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  1975

.......

(

59‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2000

.......

(

66‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2050

.......

(

80‌

)

2/7/2024

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

59

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LEAD

LME

SPOT

OPT

Feb24P  2075

.......

$

(

48‌

)

2/7/2024

—

0

.0

%

LEAD

LME

SPOT

OPT

Feb24P  2100

.......

(

157‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Feb24P  2125

.......

(

61‌

)

2/7/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2150

.......

(

222‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2175

.......

(

40‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2200

.......

(

27‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2225

.......

(

107‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2250

.......

(

23‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2275

.......

(

130‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2300

.......

(

24‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2325

.......

(

17‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2350

.......

(

26‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2375

.......

(

32‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24C  2400

.......

(

8‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1900

.......

(

30‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1925

.......

(

7‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1950

.......

(

26‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  1975

.......

(

24‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2000

.......

(

81‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2025

.......

(

13‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2050

.......

(

17‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2075

.......

(

98‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2100

.......

(

25‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Jan24P  2125

.......

(

23‌

)

1/3/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2175

.......

(

39‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2225

.......

(

215‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2250

.......

(

155‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2275

.......

(

162‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2300

.......

(

49‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2350

.......

(

99‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2375

.......

(

91‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2400

.......

(

77‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24C  2425

.......

(

42‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1925

.......

(

15‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1950

.......

(

83‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  1975

.......

(

94‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2000

.......

(

66‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2025

.......

(

97‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2050

.......

(

53‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2075

.......

(

171‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2100

.......

(

158‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2125

.......

(

139‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2150

.......

(

72‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Mar24P  2175

.......

(

40‌

)

3/6/2024

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2150

.......

(

35‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2175

.......

(

32‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2200

.......

(

16‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2225

.......

(

72‌

)

11/1/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

60

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

LEAD

LME

SPOT

OPT

Nov23C  2250

.......

$

(

72‌

)

11/1/2023

—

0

.0

%

LEAD

LME

SPOT

OPT

Nov23C  2275

.......

(

125‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2300

.......

(

58‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2325

.......

(

41‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2350

.......

(

32‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23C  2375

.......

(

15‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  1925

.......

(

1‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  1950

.......

(

2‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2050

.......

(

15‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2075

.......

(

19‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2100

.......

(

72‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2125

.......

(

307‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2150

.......

(

260‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2175

.......

(

276‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2200

.......

(

240‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Nov23P  2225

.......

(

282‌

)

11/1/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2075

.......

(

50‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2100

.......

(

188‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2125

.......

(

28‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2150

.......

(

82‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2175

.......

(

37‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2200

.......

(

41‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2225

.......

(

18‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2250

.......

(

8‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2275

.......

(

3‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2300

.......

(

1‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2325

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2350

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2375

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2400

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23C  2425

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1850

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1875

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1900

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1925

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1950

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  1975

.......

—‌

—

—

—

LEAD

LME

SPOT

OPT

Oct23P  2000

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2025

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2050

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2075

.......

0‌

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2100

.......

(

2‌

)

10/4/2023

—

0

.0

LEAD

LME

SPOT

OPT

Oct23P  2125

.......

(

3‌

)

10/4/2023

—

0

.0

LME

COPPER

FUTURE

Nov23

............

(

705,238‌

)

11/1/2023

—

3

.6

LME

COPPER

FUTURE

Oct23

............

(

1,522,078‌

)

10/1/2023

—

7

.8

LME

LEAD

FUTURE  

Nov23

..............

(

8,492‌

)

11/1/2023

—

0

.0

NY

Harb

ULSD

Opt  Dec23C  

320

..........

(

42,583‌

)

11/27/2023

—

0

.2

NY

Harb

ULSD

Opt  Dec23C  

330

..........

(

37,387‌

)

11/27/2023

—

0

.2

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

61

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

NY

Harb

ULSD

Opt  Dec23C  

340

..........

$

(

29,264‌

)

11/27/2023

—

0

.2

%

NY

Harb

ULSD

Opt  Dec23C  

350

..........

(

18,770‌

)

11/27/2023

—

0

.1

NY

Harb

ULSD

Opt  Dec23P  

283

..........

(

20,304‌

)

11/27/2023

—

0

.1

NY

Harb

ULSD

Opt  Dec23P  

290

..........

(

24,807‌

)

11/27/2023

—

0

.1

NY

Harb

ULSD

Opt  Dec23P  

300

..........

(

32,037‌

)

11/27/2023

—

0

.2

NY

Harb

ULSD

Opt  Dec23P  

306

..........

(

41,736‌

)

11/27/2023

—

0

.2

NY

Harb

ULSD

Opt  Nov23C  

313

..........

(

75,458‌

)

10/26/2023

—

0

.4

NY

Harb

ULSD

Opt  Nov23C  

316

..........

(

195,262‌

)

10/26/2023

—

1

.0

NY

Harb

ULSD

Opt  Nov23C  

320

..........

(

155,321‌

)

10/26/2023

—

0

.8

NY

Harb

ULSD

Opt  Nov23C  

325

..........

(

123,917‌

)

10/26/2023

—

0

.6

NY

Harb

ULSD

Opt  Nov23C  

330

..........

(

65,566‌

)

10/26/2023

—

0

.3

NY

Harb

ULSD

Opt  Nov23C  

331

..........

(

74,031‌

)

10/26/2023

—

0

.4

NY

Harb

ULSD

Opt  Nov23C  

335

..........

(

271,409‌

)

10/26/2023

—

1

.4

NY

Harb

ULSD

Opt  Nov23C  

340

..........

(

168,148‌

)

10/26/2023

—

0

.9

NY

Harb

ULSD

Opt  Nov23C  

350

..........

(

125,789‌

)

10/26/2023

—

0

.6

NY

Harb

ULSD

Opt  Nov23C  

355

..........

(

24,347‌

)

10/26/2023

—

0

.1

NY

Harb

ULSD

Opt  Nov23C  

360

..........

(

40,993‌

)

10/26/2023

—

0

.2

NY

Harb

ULSD

Opt  Nov23C  

375

..........

(

6,503‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

275

..........

(

5,069‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

280

..........

(

4,790‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

287

..........

(

8,636‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

290

..........

(

26,809‌

)

10/26/2023

—

0

.1

NY

Harb

ULSD

Opt  Nov23P  

295

..........

(

29,598‌

)

10/26/2023

—

0

.2

NY

Harb

ULSD

Opt  Nov23P  

300

..........

(

34,140‌

)

10/26/2023

—

0

.2

NY

Harb

ULSD

Opt  Nov23P  

303

..........

(

18,813‌

)

10/26/2023

—

0

.1

NY

Harb

ULSD

Opt  Nov23P  

305

..........

(

3,463‌

)

10/26/2023

—

0

.0

NY

Harb

ULSD

Opt  Nov23P  

306

..........

(

45,433‌

)

10/26/2023

—

0

.2

NY

Harb

ULSD

Opt  Nov23P  

308

..........

(

58,198‌

)

10/26/2023

—

0

.3

NY

Harb

ULSD

Opt  Nov23P  

310

..........

(

23,268‌

)

10/26/2023

—

0

.1

NY

Harb

ULSD

Opt  Nov23P  

313

..........

(

104,876‌

)

10/26/2023

—

0

.5

NY

Harb

ULSD

Opt  Nov23P  

315

..........

(

16,449‌

)

10/26/2023

—

0

.1

NY

Harb

ULSD

Opt  Nov23P  

320

..........

(

134,048‌

)

10/26/2023

—

0

.7

PRIMARY

ALUMNM

OP

Nov23C  2225

......

(

4,979‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2250

......

(

3,562‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2275

......

(

3,073‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2300

......

(

3,795‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23C  2325

......

(

1,051‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2075

......

(

8‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2100

......

(

78‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2125

......

(

74‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2150

......

(

204‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2175

......

(

231‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2200

......

(

144‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Nov23P  2225

......

(

39‌

)

11/1/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2150

......

(

675‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2175

......

(

5,504‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2200

......

(

1,635‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2225

......

(

5,489‌

)

10/4/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

62

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

PRIMARY

ALUMNM

OP

Oct23C  2250

......

$

(

2,860‌

)

10/4/2023

—

0

.0

%

PRIMARY

ALUMNM

OP

Oct23C  2275

......

(

1,724‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2300

......

(

741‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2325

......

(

142‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23C  2350

......

(

207‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2025

......

—‌

—

—

—

PRIMARY

ALUMNM

OP

Oct23P  2050

......

—‌

—

—

—

PRIMARY

ALUMNM

OP

Oct23P  2075

......

—‌

—

—

—

PRIMARY

ALUMNM

OP

Oct23P  2100

......

—‌

—

—

—

PRIMARY

ALUMNM

OP

Oct23P  2125

......

0‌

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2150

......

(

1‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2175

......

(

1‌

)

10/4/2023

—

0

.0

PRIMARY

ALUMNM

OP

Oct23P  2200

......

(

1‌

)

10/4/2023

—

0

.0

SOYBEAN

FUT

OPTN  Jan24C  1340

.......

(

50,278‌

)

12/22/2023

—

0

.3

SOYBEAN

FUT

OPTN  Jan24C  1350

.......

(

67,902‌

)

12/22/2023

—

0

.4

SOYBEAN

FUT

OPTN  Jan24C  1380

.......

(

17,717‌

)

12/22/2023

—

0

.1

SOYBEAN

FUT

OPTN  Jan24C  1390

.......

(

13,343‌

)

12/22/2023

—

0

.1

SOYBEAN

FUT

OPTN  Jan24C  1400

.......

(

41,198‌

)

12/22/2023

—

0

.2

SOYBEAN

FUT

OPTN  Jan24P  1240

.......

(

52,869‌

)

12/22/2023

—

0

.3

SOYBEAN

FUT

OPTN  Jan24P  1250

.......

(

28,348‌

)

12/22/2023

—

0

.2

SOYBEAN

FUT

OPTN  Jan24P  1260

.......

(

69,464‌

)

12/22/2023

—

0

.4

SOYBEAN

FUT

OPTN  Jan24P  1280

.......

(

50,381‌

)

12/22/2023

—

0

.3

SOYBEAN

FUT

OPTN  Jan24P  1290

.......

(

49,398‌

)

12/22/2023

—

0

.3

SOYBEAN

FUT

OPTN  Jan24P  1300

.......

(

144,976‌

)

12/22/2023

—

0

.7

SOYBEAN

FUTURE    Jan24

..............

(

983‌

)

1/1/2024

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2500

.........

(

794‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2525

.........

(

1,416‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2550

.........

(

4,072‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2575

.........

(

2,609‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2600

.........

(

1,914‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2625

.........

(

2,098‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2650

.........

(

2,240‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2675

.........

(

1,295‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2700

.........

(

495‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23C  2725

.........

(

237‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2325

.........

(

76‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2350

.........

(

113‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2375

.........

(

124‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2400

.........

(

289‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2425

.........

(

570‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2450

.........

(

68‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2475

.........

(

508‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2500

.........

(

223‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Nov23P  2525

.........

(

261‌

)

11/1/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2350

.........

(

4,216‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2375

.........

(

3,647‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2400

.........

(

1,005‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2425

.........

(

1,960‌

)

10/4/2023

—

0

.0

Simplify

Multi-QIS

Alternative

ETF

Schedule

of

Investments

(Continued)

September

30,

2023

(Unaudited)

63

Security

description

Notional

Value

Expiration

Date

Value/

Unrealized

Appreciation

(Depreciation)

%

of

basket

ZINC

SPT

OP

(LME)

Oct23C  2450

.........

$

(

4,854‌

)

10/4/2023

—

0

.0

%

ZINC

SPT

OP

(LME)

Oct23C  2475

.........

(

3,948‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2500

.........

(

2,172‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2525

.........

(

2,560‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2550

.........

(

1,334‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2575

.........

(

2,250‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2600

.........

(

256‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2625

.........

(

218‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2650

.........

(

296‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2675

.........

(

266‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23C  2700

.........

(

65‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2150

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2175

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2200

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2225

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2250

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2275

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2300

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2325

.........

—‌

—

—

—

ZINC

SPT

OP

(LME)

Oct23P  2350

.........

0‌

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2375

.........

0‌

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2400

.........

(

1‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2425

.........

(

2‌

)

10/4/2023

—

0

.0

ZINC

SPT

OP

(LME)

Oct23P  2450

.........

(

4‌

)

10/4/2023

—

0

.0

Total

(

19,530,513‌

)

—

100.0%

Summary

of

Investment

Type

Industry

%

of

Net

Assets

U.S.

Treasury

Bills

................................................................................

99

.3‌

%

Total

Investments

................................................................................

99

.3‌

%

Other

Assets

in

Excess

of

Liabilities

..................................................................

0

.7‌

%

Net

Assets

.....................................................................................

100

.0‌

%