F

 

SIMPLIFY AFFINITY WORLD LEADERS EQUITY ETF
SCHEDULE OF INVESTMENTS (Unaudited)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.1%      
    Australia - 0.4%      
2,942   Rio Tinto Ltd.       $ 353,367
             
    Bermuda - 1.0%      
4,025   Arch Capital Group Ltd.(a)         404,633
5,118   Viking Holdings Ltd.(a)         534,063
             

938,696

    Canada - 2.3%      
8,971   Barrick Mining Corporation         329,268
1,354   Celestica, Inc.(a)         448,062
10,431   Kinross Gold Corporation         240,503
7,656   Magna International, Inc.         525,085
6,450   Nutrien Ltd.         445,224
1,597   Restaurant Brands International, Inc.         118,210
             

2,106,352

    Cayman Islands - 0.2%      
21,865   CK Hutchison Holdings Ltd.         205,198
             
    France - 0.3%      
2,522   Capgemini S.E.         298,195
             
    Hong Kong - 0.2%      
10,785   Sun Hung Kai Properties Ltd.         169,425
             
    Ireland - 5.4%      
5,673   Seagate Technology Holdings PLC         4,856,825
             
    Italy - 2.8%      
17,275   Eni SpA         477,857
110,903   Intesa Sanpaolo SpA         836,538
5,788   Leonardo SpA         368,018
9,208   UniCredit SpA         866,841
             

2,549,254

    Japan - 9.1%      
39,200   Astellas Pharma, Inc.         542,293
 
 

 

SIMPLIFY AFFINITY WORLD LEADERS EQUITY ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.1% (Continued)      
    Japan - 9.1% (Continued)      
14,600   Central Japan Railway Company       $ 365,796
21,800   Chubu Electric Power Company, Inc.         381,702
14,500   Daiwa House Industry Company Ltd.         426,146
37,200   Denso Corporation         459,820
24,000   Kansai Electric Power Company, Inc. (The)         367,977
2,800   Kioxia Holdings Corporation(a),         817,978
22,900   Kirin Holdings Company Ltd.         424,844
21,700   Kubota Corporation         374,293
16,300   MS&AD Insurance Group Holdings, Inc.         504,239
9,368   Otsuka Holdings Company Ltd.         653,282
29,300   Shionogi & Company Ltd.         535,386
820   SMC Corporation         363,087
11,300   Sompo Holdings, Inc.         504,966
31,600   Sumitomo Corporation         331,539
21,800   Sumitomo Mitsui Financial Group, Inc.           933,231
7,500   Toyota Tsusho Corporation         316,731
             

8,303,310

    Netherlands - 2.2%      
18,945   ABN AMRO Bank N.V. 144A(b)         852,296
4,341   Koninklijke Ahold Delhaize N.V.         172,058
8,179   LyondellBasell Industries N.V., Class A         507,752
4,982   NN Group N.V.         468,948
             

2,001,054

    Spain - 3.1%      
2,206   ACS Actividades de Construccion y Servicios S.A.         280,680
32,541   Banco Bilbao Vizcaya Argentaria S.A.         908,400
51,584   CaixaBank S.A.         747,668
17,784   Repsol S.A.         541,172
89,307   Telefonica S.A.         369,219
             

2,847,139

    Sweden - 0.4%      
39,222   Telefonaktiebolaget LM Ericsson, Class B         386,478
             
 
 

 

SIMPLIFY AFFINITY WORLD LEADERS EQUITY ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.1% (Continued)      
    Switzerland - 0.8%      
5,447   ABB Ltd.       $ 535,826
950   Galderma Group A.G. 144A(b)         206,542
             

742,368

    United Kingdom - 5.2%      
5,121   Endeavour Mining plc         242,356
9,391   Imperial Brands plc         357,541
84,247   NatWest Group PLC         801,368
1,042   Next plc         208,470
6,038   nVent Electric PLC         928,825
29,144   Rolls-Royce Holdings plc         576,517
15,398   Shell plc         702,145
17,672   Smith & Nephew plc         275,917
31,705   Tesco PLC         209,159
262,873   Vodafone Group plc         417,515
             

4,719,813

    United States - 65.7%      
2,605   Alcoa Corporation         117,902
1,951   Allstate Corporation (The)         515,220
8,882   Altria Group, Inc.         606,907
2,741   American Electric Power Company, Inc.         350,437
12,111   Annaly Capital Management, Inc.         275,162
3,442   AppLovin Corporation, Class A(a)         1,362,688
7,446   Archer-Daniels-Midland Company         590,244
82,606   AT&T, Inc.         1,920,590
8,057   Block, Inc.(a)         654,551
14,765   Bristol-Myers Squibb Company         964,302
11,314   Centene Corporation(a)         703,957
1,744   Cigna Group (The)         486,663
8,609   Citigroup, Inc.         1,140,262
13,840   Citizens Financial Group, Inc.         991,636
21,964   Cognizant Technology Solutions Corporation, Class A         1,215,707
327   Comfort Systems USA, Inc.         565,609
6,228   CVS Health Corporation         650,390
15,062   Dell Technologies, Inc., Class C         6,105,684
 
 

 

SIMPLIFY AFFINITY WORLD LEADERS EQUITY ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.1% (Continued)      
    United States – 65.7% (Continued)      
14,209   Devon Energy Corporation       $ 641,252
10,508   Dollar General Corporation         1,335,041
13,473   eBay, Inc.         1,536,057
5,428   Edison International         398,252
7,869   Exelon Corporation         360,558
6,790   Expand Energy Corporation         638,464
1,647   Expedia Group, Inc.         485,437
950   FedEx Corporation         292,030
439   Fedex Freight Holding Company, Inc.(a)         61,693
5,941   Fidelity National Information Services, Inc.         265,979
62,104   Ford Motor Company         911,687
10,024   General Motors Company         890,733
7,467   Global Payments, Inc.         627,825
964   HCA Healthcare, Inc.         388,097
144,553   HP, Inc.         3,941,960
3,623   ITT, Inc.         710,036
8,852   Jabil, Inc.         2,788,823
5,397   Johnson & Johnson         1,383,521
33,326   Kenvue, Inc.         641,192
41,168   KeyCorporation         929,985
2,497   Keysight Technologies, Inc.(a)         796,743
6,914   Micron Technology, Inc.         5,690,429
2,924   MKS, Inc.         869,744
2,094   Newmont Corporation         196,229
2,235   NRG Energy, Inc.         300,138
27,165   Omnicom Group, Inc.         2,137,885
33,339   Pfizer, Inc.         833,808
1,547   Simon Property Group, Inc.         354,835
18,749   SS&C Technologies Holdings, Inc.         1,444,610
6,464   State Street Corporation         1,190,410
8,257   Tapestry, Inc.         1,258,119
9,912   Target Corporation         1,432,185
1,690   Teradyne, Inc.         621,396
3,088   United Airlines Holdings, Inc.(a)         374,667
 
 

 

SIMPLIFY AFFINITY WORLD LEADERS EQUITY ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2026
 
Shares             Fair Value
    COMMON STOCKS — 99.1% (Continued)      
    United States - 65.7% (Continued)      
6,145   US Foods Holding Corporation(a)       $ 618,126
2,799   Valero Energy Corporation         875,807
47,710   Verizon Communications, Inc.         2,233,305
9,954   VICI Properties, Inc.         262,288
             

59,937,257

               
    TOTAL COMMON STOCKS (Cost $69,784,834)    

  90,414,731

               
    TOTAL INVESTMENTS – 99.1% (Cost $69,784,834)     $ 90,414,731
    Other Assets in Excess of Liabilities - 0.9%    

837,668

    NET ASSETS - 100.0%        

$ 91,252,399

           
 

 

 

 

Ltd  - Limited Company
NV  - Naamioze Vennootschap
PLC  - Public Limited Company
S.A.  - Société Anonyme
S.E.  - Société Europeae
 

 

 

 

(a) Non-income producing security.
(b) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers.  As of July 31, 2026 the total market value of 144A securities is $1,058,838 or 1.2% of net assets.