Simplify
Volt
RoboCar
Disruption
and
Tech
ETF
Schedule
of
Investments
March
31,
2024
(Unaudited)
1
Shares
Value
Common
Stocks
–
93.7%
Communication
Services
–
8.4%
Alphabet,
Inc.,
Class
C*(a)
..................................................
1,268
$
193,066
Meta
Platforms,
Inc.,
Class
A
................................................
271
131,592
Netflix,
Inc.*
..............................................................
83
50,408
Verizon
Communications,
Inc.
...............................................
160
6,714
Walt
Disney
Co/The
.......................................................
458
56,041
437,821
Consumer
Discretionary
–
11.0%
Amazon.com,
Inc.*(a)
......................................................
1,185
213,750
BYD
Co.
Ltd.,
ADR
........................................................
344
17,465
Lucid
Group,
Inc.*
.........................................................
1,245
3,548
NIO,
Inc.,
ADR*
...........................................................
1,261
5,675
Rivian
Automotive
Inc,
Class
A*
..............................................
700
7,665
Sonder
Holdings,
Inc.*
.....................................................
7,667
22,694
Tesla,
Inc.*(a)
............................................................
1,720
302,359
573,156
Consumer
Staples
–
1.0%
Coca-Cola
Co.
(The)
.......................................................
107
6,546
Costco
Wholesale
Corp.
....................................................
43
31,503
PepsiCo,
Inc.
.............................................................
36
6,301
Procter
&
Gamble
Co.
(The)
.................................................
36
5,841
50,191
Financials
–
9.7%
American
Express
Co.
.....................................................
22
5,009
Bank
of
New
York
Mellon
Corp.
(The)
.........................................
73
4,206
Block,
Inc.*
..............................................................
2,947
249,257
Citigroup
Inc
.............................................................
79
4,996
Fiserv,
Inc.*
..............................................................
48
7,671
Lemonade,
Inc.*
..........................................................
13,530
222,027
Moody's
Corp
............................................................
16
6,289
PayPal
Holdings,
Inc.*
......................................................
42
2,814
502,269
Health
Care
–
0.1%
Amgen,
Inc.
..............................................................
18
5,118
Industrials
–
0.9%
Deere
&
Co
..............................................................
15
6,161
FANUC
Corp.,
ADR
........................................................
1,007
14,028
Paychex,
Inc.
.............................................................
86
10,561
Sociedad
Quimica
y
Minera
de
Chile
SA,
ADR
..................................
296
14,551
45,301
Information
Technology
–
60.9%
Adobe,
Inc.*
..............................................................
8
4,037
Advanced
Micro
Devices,
Inc.*(a)
.............................................
4,383
791,088
Amkor
Technology,
Inc.
.....................................................
753
24,277
Analog
Devices
Inc
........................................................
505
99,884
ANSYS,
Inc.*
.............................................................
28
9,720
Apple,
Inc.(a)
.............................................................
997
170,965
Applied
Materials,
Inc.
......................................................
16
3,300
Arbe
Robotics
Ltd*
........................................................
5,678
11,867
ASML
Holding
NV
.........................................................
250
242,617
Simplify
Volt
RoboCar
Disruption
and
Tech
ETF
Schedule
of
Investments
(Continued)
March
31,
2024
(Unaudited)
2
Shares
Value
Common
Stocks
(continued)
Information
Technology
(continued)
Atlassian
Corp.,
Class
A*
...................................................
3
$
585
Aurora
Innovation,
Inc.*
.....................................................
9,180
25,888
Autodesk,
Inc.*
...........................................................
83
21,615
Cadence
Design
Systems,
Inc.*
..............................................
18
5,603
Camtek
Ltd.*
.............................................................
585
49,005
Cisco
Systems,
Inc.
........................................................
83
4,142
Cognizant
Technology
Solutions
Corp.,
Class
A
..................................
62
4,544
Crowdstrike
Holdings,
Inc.,
Class
A*
...........................................
83
26,609
Datadog,
Inc.,
Class
A*
.....................................................
6
742
Fortinet,
Inc.*
.............................................................
19
1,298
GLOBALFOUNDRIES,
Inc.*(a)
...............................................
316
16,467
HP,
Inc.
.................................................................
289
8,733
Intel
Corp.
...............................................................
1,739
76,812
Intuit,
Inc.
................................................................
6
3,900
KLA
Corp.
...............................................................
44
30,737
Lam
Research
Corp.
.......................................................
40
38,863
Marvell
Technology,
Inc.
....................................................
322
22,823
Microchip
Technology
Inc
...................................................
169
15,161
Micron
Technology,
Inc.
.....................................................
391
46,095
Microsoft
Corp.(a)
.........................................................
941
395,897
NVIDIA
Corp.(a)
..........................................................
1,032
932,474
NXP
Semiconductors
NV
...................................................
88
21,804
Palo
Alto
Networks,
Inc.*
....................................................
5
1,421
QUALCOMM,
Inc.
.........................................................
36
6,095
Skyworks
Solutions,
Inc.
....................................................
43
4,658
Synopsys,
Inc.*
...........................................................
49
28,003
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.,
ADR
..............................
47
6,394
Texas
Instruments,
Inc.
.....................................................
60
10,453
VeriSign,
Inc.*
............................................................
51
9,665
3,174,241
Materials
–
1.7%
Albemarle
Corp.
..........................................................
97
12,779
BHP
Group
Ltd.,
ADR
......................................................
314
18,115
Glencore
PLC,
ADR*
.......................................................
1,714
18,768
Rio
Tinto
PLC,
ADR
........................................................
291
18,548
Talon
Metals
Corp.*
........................................................
56,046
5,801
Vale
SA,
ADR
............................................................
1,344
16,383
90,394
Total
Common
Stocks
(Cost
$3,299,611)
...........................................
4,878,491
Number
of
Contracts
Notional
Amount
Purchased
Options
–
3.5%
Calls
–
Exchange-Traded
–
2.9%
Tesla,
Inc.,
April
Strike
Price
$185,
Expires
4/19/24
.....................
100
$
1,850,000
61,250
Tesla,
Inc.,
June
Strike
Price
$666.67,
Expires
6/21/24
..................
69
4,600,023
414
Tesla,
Inc.,
March
Strike
Price
$435,
Expires
3/21/25
...................
100
4,350,000
27,200
Tesla,
Inc.,
June
Strike
Price
$440,
Expires
6/18/26
....................
50
2,200,000
65,625
154,489
Simplify
Volt
RoboCar
Disruption
and
Tech
ETF
Schedule
of
Investments
(Continued)
March
31,
2024
(Unaudited)
3
Number
of
Contracts
Notional
Amount
Value
Purchased
Options
–
3.5%
(continued)
Puts
–
Exchange-Traded
–
0.6%
S&P
500
Index,
April
Strike
Price
$4,075,
Expires
4/19/24
...............
24
$
9,780,000
$
2,160
S&P
500
Index,
May
Strike
Price
$4,280,
Expires
5/17/24
...............
25
10,700,000
8,250
S&P
500
Index,
June
Strike
Price
$4,350,
Expires
6/21/24
...............
22
9,570,000
19,360
29,770
Total
Purchased
Options
(Cost
$402,437)
............................................
184,259
Shares
Money
Market
Funds
–
4.3%
Fidelity
Investments
Money
Market
Treasury
Only
Portfolio
-
Class
I,
5.20%(b)
(Cost
$225,358)
.........................................................
225,358
225,358
Total
Investments
–
101.5%
(Cost
$3,927,406)
.............................................................
$
5,288,108
Liabilities
in
Excess
of
Other
Assets
–
(1.5)%
.........................................
(78,098)
Net
Assets
–
100.0%
............................................................
$
5,210,010
Number
of
Contracts
Notional
Amount
Written
Options
–
(0.4)%
Puts
–
Exchange-Traded
–
(0.4)%
S&P
500
Index,
April
Strike
Price
$3,840,
Expires
4/19/24
...............
(24)
$
(9,216,000)
$
(1,440)
S&P
500
Index,
May
Strike
Price
$4,025,
Expires
5/17/24
...............
(25)
(10,062,500)
(5,688)
S&P
500
Index,
June
Strike
Price
$4,090,
Expires
6/21/24
...............
(22)
(8,998,000)
(12,760)
(19,888)
Total
Written
Options
(Premiums
Received
$64,057)
....................................
$
(19,888)
*
Non
Income
Producing
(a)
Securities
with
an
aggregate
market
value
of
$1,343,556
have
been
pledged
as
collateral
for
options
as
of
March
31,
2024.
(b)
Rate
shown
reflects
the
7-day
yield
as
of
March
31,
2024.
ADR
:
American
Depositary
Receipt
Summary
of
Investment
Type††
Industry
%
of
Net
Assets
Common
Stocks
.................................................................................
93.7%
Purchased
Options
...............................................................................
3.5%
Money
Market
Funds
.............................................................................
4.3%
Total
Investments
................................................................................
101.5%
Liabilities
in
Excess
of
Other
Assets
..................................................................
(1.5)%
Net
Assets
.....................................................................................
100.0%
††
The
percentage
shown
for
each
investment
category
is
the
total
value
of
investments
in
that
category
as
a
percentage
of
the
net
assets
of
the
Fund.
The
table
depicts
the
Fund's
investments
but
may
not
represent
the
Fund's
market
exposure
to
certain
derivatives,
if
any,
w
hich
are
included
in
Liabilities
in
Excess
of
Other
Assets.