Simplify Risk Parity Treasury ETF NPORTP Simplify Next Intangible Core Index ETF (Sep 2024 report)

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

September

30,

2024

(Unaudited)

Value

Common

Stocks

–

99.9%

Communication

Services

–

7.9%

Electronic

Arts

Inc

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

6,742‌

Live

Nation

Entertainment,

Inc.*

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

2,080‌

Match

Group

Inc*

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

1,816‌

Meta

Platforms,

Inc.,

Class

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

131

74,990‌

New

York

Times

Co.

(The),

Class

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

1,614‌

News

Corp.,

Class

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

105

2,935‌

Paramount

Global,

Class

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

1,268‌

Inc,

Class

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

130

4,208‌

Reddit,

Inc.,

Class

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

1,912‌

Snap

Inc,

Class

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

265

2,835‌

Spotify

Technology

SA*

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

12,530‌

112,930‌

Consumer

Discretionary

–

7.9%

Airbnb

Inc,

Class

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

7,609‌

Aptiv

PLC*

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

1,872‌

Best

Buy

Co.,

Inc.

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

2,996‌

Booking

Holdings,

Inc.

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

12,636‌

Burlington

Stores

Inc*

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

2,108‌

Carvana

Co.*

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

1,915‌

Chewy,

Inc.,

Class

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

1,318‌

Deckers

Outdoor

Corp*

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

1,913‌

DoorDash

Inc,

Class

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

5,424‌

DraftKings

Inc,

Class

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

1,529‌

Duolingo,

Inc.*

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

1,974‌

eBay,

Inc.

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

5,274‌

Expedia

Group,

Inc.*

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

1,924‌

Genuine

Parts

Co.

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

1,816‌

Home

Depot,

Inc.

(The)

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

23,096‌

Light

Wonder,

Inc.*

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

635‌

Lowe's

Cos

Inc

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

8,667‌

NIKE

Inc,

Class

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

150

13,260‌

O'Reilly

Automotive,

Inc.*

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

6,910‌

Ralph

Lauren

Corp.

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

1,551‌

Tractor

Supply

Co.

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

1,746‌

Ulta

Beauty,

Inc.*

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

2,335‌

Williams-Sonoma

Inc

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

2,324‌

Wingstop,

Inc.

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

1,664‌

112,496‌

Consumer

Staples

–

11.5%

Albertsons

Cos.,

Inc.,

Class

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

1,460‌

Clorox

Co/The

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

1,955‌

Coca-Cola

Co.

(The)

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

265

19,043‌

Colgate-Palmolive

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

8,616‌

Estee

Lauder

Cos.,

Inc.

(The),

Class

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

3,689‌

General

Mills

Inc

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

2,511‌

Hershey

Co/The

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

2,301‌

Kellanova

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

1,695‌

Kimberly-Clark

Corp.

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

4,695‌

Kroger

Co.

(The)

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

5,329‌

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

(Continued)

September

30,

2024

(Unaudited)

Value

Common

Stocks

(continued)

Consumer

Staples

(continued)

Monster

Beverage

Corp.*

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

3,026‌

PepsiCo,

Inc.

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

14,624‌

Philip

Morris

International

Inc

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

11,533‌

Sysco

Corp.

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

2,420‌

Target

Corp.

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

9,663‌

Walmart

Inc

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

871

70,333‌

162,893‌

Energy

–

4.8%

Baker

Hughes

Co.

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

3,326‌

Exxon

Mobil

Corp

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

412

48,295‌

Marathon

Petroleum

Corp

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

5,213‌

Targa

Resources

Corp

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

4,292‌

Williams

Cos.,

Inc.

(The)

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

159

7,258‌

68,384‌

Financials

–

11.8%

Aflac,

Inc.

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

3,578‌

Allstate

Corp.

(The)

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

2,845‌

American

Express

Co.

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

10,848‌

American

International

Group

Inc

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

2,783‌

Ameriprise

Financial

Inc

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

2,819‌

Arch

Capital

Group

Ltd.*

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

2,349‌

Arthur

Gallagher

Co.

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

3,658‌

Berkshire

Hathaway,

Inc.,

Class

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

130

59,834‌

Blackstone

Inc

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

9,800‌

Brown

Brown,

Inc.

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

1,761‌

Hartford

Financial

Services

Group,

Inc.

(The)

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

1,999‌

Marsh

McLennan

Cos.,

Inc.

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

6,247‌

Mastercard,

Inc.,

Class

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

41,973‌

Progressive

Corp.

(The)

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

8,374‌

Prudential

Financial,

Inc.

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

2,543‌

Toast

Inc,

Class

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

2,576‌

Tradeweb

Markets,

Inc.,

Class

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

1,484‌

Travelers

Cos.,

Inc.

(The)

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

3,044‌

168,515‌

Health

Care

–

13.4%

Agilent

Technologies,

Inc.

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

4,158‌

Align

Technology,

Inc.*

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

8,138‌

Alkermes

PLC*

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

2,099‌

Alnylam

Pharmaceuticals

Inc*

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

15,402‌

Amedisys,

Inc.*

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

1,448‌

Amicus

Therapeutics,

Inc.*

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

148

1,581‌

Apellis

Pharmaceuticals,

Inc.*

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

1,788‌

Axsome

Therapeutics,

Inc.*

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

2,067‌

Blueprint

Medicines

Corp.*

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

2,960‌

Bridgebio

Pharma,

Inc.*

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

106

2,699‌

Centene

Corp.*

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

2,183‌

Cigna

Group

(The)

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

5,543‌

Corcept

Therapeutics,

Inc.*

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

1,990‌

CVS

Health

Corp.

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

4,590‌

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

(Continued)

September

30,

2024

(Unaudited)

Value

Common

Stocks

(continued)

Health

Care

(continued)

Cytokinetics,

Inc.*

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

2,904‌

Denali

Therapeutics,

Inc.*

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

1,631‌

Dyne

Therapeutics,

Inc.*

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

1,652‌

Elevance

Health

Inc

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

6,760‌

Exelixis,

Inc.*

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

125

3,244‌

Henry

Schein,

Inc.*

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

4,374‌

Humana,

Inc.

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

2,534‌

IDEXX

Laboratories,

Inc.*

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

18,188‌

Illumina,

Inc.*

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

1,956‌

Incyte

Corp.*

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

5,685‌

Insmed,

Inc.*

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

5,913‌

Inspire

Medical

Systems,

Inc.*

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

2,955‌

Intra-Cellular

Therapies,

Inc.*

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

3,512‌

Ionis

Pharmaceuticals

Inc*

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

3,245‌

Iovance

Biotherapeutics,

Inc.*

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

151

1,418‌

Madrigal

Pharmaceuticals,

Inc.*

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

2,334‌

Mettler-Toledo

International

Inc*

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

2,999‌

Natera,

Inc.*

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

6,728‌

Neurocrine

Biosciences

Inc*

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

5,415‌

Penumbra,

Inc.*

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

3,886‌

Sarepta

Therapeutics

Inc*

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

5,995‌

Summit

Therapeutics,

Inc.*

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

147

3,219‌

Therapeutics,

Inc.*

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

1,450‌

Ultragenyx

Pharmaceutical

Inc*

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

2,278‌

UnitedHealth

Group,

Inc.

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

31,573‌

Waters

Corp*

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

2,159‌

190,653‌

Industrials

–

8.8%

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

7,108‌

Booz

Allen

Hamilton

Holding

Corp.

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

1,953‌

CACI

International

Inc,

Class

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

2,018‌

Cintas

Corp.

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

7,824‌

Cummins

Inc

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

4,209‌

Dover

Corp.

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

1,726‌

Expeditors

International

Washington

Inc

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

1,840‌

Fastenal

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

2,285‌

FedEx

Corp

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

6,295‌

Vernova,

Inc.*

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

7,904‌

Honeywell

International

Inc

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

12,816‌

Illinois

Tool

Works

Inc

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

7,076‌

Lennox

International

Inc

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

1,813‌

Otis

Worldwide

Corp

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

2,391‌

Parker-Hannifin

Corp.

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

5,686‌

Paychex,

Inc.

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

4,428‌

Rollins,

Inc.

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

2,327‌

Textron

Inc

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

1,594‌

Trane

Technologies

PLC

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

7,775‌

Uber

Technologies

Inc*

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

202

15,182‌

United

Parcel

Service,

Inc.,

Class

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

11,180‌

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

(Continued)

September

30,

2024

(Unaudited)

Value

Common

Stocks

(continued)

Industrials

(continued)

Veralto

Corp.

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

3,580‌

Grainger

Inc

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

4,155‌

Xylem,

Inc./NY

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

2,296‌

125,461‌

Information

Technology

–

30.4%

Adobe,

Inc.*

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

44,529‌

Appfolio,

Inc.,

Class

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

1,648‌

Applied

Materials,

Inc.

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

11,517‌

AppLovin

Corp,

Class

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

5,875‌

Atlassian

Corp.,

Class

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

7,305‌

Autodesk

Inc*

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

9,917‌

Cadence

Design

Systems,

Inc.*

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

12,196‌

CDW

Corp.

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

5,205‌

Cisco

Systems,

Inc.

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

698

37,148‌

Cloudflare

Inc,

Class

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

4,853‌

Cognizant

Technology

Solutions

Corp.,

Class

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

6,792‌

Datadog,

Inc.,

Class

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

6,904‌

Dell

Technologies

Inc,

Class

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

117

13,869‌

DocuSign,

Inc.*

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

2,297‌

Dolby

Laboratories,

Inc.,

Class

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

612‌

Dynatrace

Inc*

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

2,727‌

Inc*

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

2,202‌

Fair

Isaac

Corp*

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

7,774‌

Fortinet,

Inc.*

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

137

10,624‌

Gartner,

Inc.*

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

3,547‌

Gitlab,

Inc.,

Class

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

1,495‌

GoDaddy

Inc,

Class

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

4,076‌

Guidewire

Software,

Inc.*

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

2,195‌

HP,

Inc.

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

177

6,349‌

HubSpot

Inc*

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

4,784‌

International

Business

Machine

Corp.

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

155

34,267‌

Intuit,

Inc.

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

29,808‌

Juniper

Networks,

Inc.

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

2,300‌

Keysight

Technologies,

Inc.*

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

2,543‌

Klaviyo,

Inc.,

Class

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

1,592‌

Lam

Research

Corp.

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

8,161‌

Manhattan

Associates,

Inc.*

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

2,814‌

MongoDB

Inc*

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

3,515‌

Motorola

Solutions,

Inc.

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

13,039‌

NetApp

Inc

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

4,446‌

Nutanix,

Inc.,

Class

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

2,785‌

Palantir

Technologies

Inc,

Class

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

334

12,425‌

Palo

Alto

Networks

Inc*

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

19,824‌

Procore

Technologies,

Inc.*

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

1,543‌

Pure

Storage

Inc,

Class

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

2,763‌

Samsara

Inc,

Class

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

3,946‌

Seagate

Technology

Holdings

PLC

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

4,053‌

ServiceNow

Inc*

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

31,304‌

Synopsys,

Inc.*

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

13,166‌

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

(Continued)

September

30,

2024

(Unaudited)

Value

Common

Stocks

(continued)

Information

Technology

(continued)

Teradyne

Inc

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

2,143‌

Workday

Inc,

Class

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

11,976‌

Zebra

Technologies

Corp,

Class

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

3,333‌

Zscaler,

Inc.*

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

4,445‌

432,631‌

Materials

–

1.8%

Avery

Dennison

Corp.

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

1,766‌

CRH

PLC

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

3,617‌

DuPont

Nemours,

Inc.

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

2,762‌

Ecolab

Inc

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

5,107‌

PPG

Industries,

Inc.

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

1,855‌

Reliance

Inc

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

1,446‌

Sherwin-Williams

Co.

(The)

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

5,343‌

Vulcan

Materials

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

3,005‌

24,901‌

Real

Estate

–

0.2%

CBRE

Group,

Inc.,

Class

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

2,116‌

Utilities

–

1.4%

Consolidated

Edison,

Inc.

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

4,686‌

Dominion

Energy,

Inc.

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

108

6,241‌

NiSource,

Inc.

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

1,975‌

NRG

Energy

Inc

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

2,369‌

Vistra

Corp

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

4,386‌

19,657‌

Total

Common

Stocks

(Cost

$1,292,133)

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

1,420,637‌

Money

Market

Funds

–

0.1%

Fidelity

Investments

Money

Market

Treasury

Only

Portfolio

Class

4.92%(a)

(Cost

$1,799)

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

1,799

1,799‌

Total

Investments

–

100.0%

(Cost

$1,293,932)

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

1,422,436‌

Other

Assets

Excess

Liabilities

–

0.0%†

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

293‌

Net

Assets

–

100.0%

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

1,422,729‌

Non

Income

Producing

†

Less

than

0.05%

(a)

Rate

shown

reflects

the

7-day

yield

September

30,

2024.

Simplify

Intangible

Core

Index

ETF

Schedule

Investments

(Continued)

September

30,

2024

(Unaudited)

††

The

percentage

shown

for

each

investment

Simplify Risk Parity Treasury ETF (TYA) NPORT-PSimplify Next Intangible Core Index ETF (Sep 2024 report)