# Portfolio overlap — HARD vs GSCAX

Comparing **Simplify Commodities Strategy No K-1 ETF** (2026-03-31) and **Goldman Sachs Commodity Strategy Fund** (2026-03-31).

- Shared positions: 3
- Simplify Commodities Strategy No K-1 ETF covered by Goldman Sachs Commodity Strategy Fund: 0.2392294937143776004035811611
- Goldman Sachs Commodity Strategy Fund covered by Simplify Commodities Strategy No K-1 ETF: 0.2392294937143776004035811611

## Simplify Commodities Strategy No K-1 ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Simplify Government Money Market ETF | 0.487264 |  |
| U.S. Treasury Bills | 0.238529 | ✓ |
| U.S. Treasury Bill | 0.047579 |  |
| U.S. Treasury Bills | 0.040753 |  |
| U.S. Treasury Bills | 0.034058 |  |
| U.S. Treasury Bills | 0.030630 |  |
| DREYFUS TRSY OBLIG CASH M | 0.026356 |  |
| U.S. Treasury Bills | 0.020578 |  |
| XAV HEALTH CARE | 0.014193 |  |
| U.S. Treasury Bills | 0.013670 |  |
| BRENT CRUDE FUTR  JUN26 IFEU 20260430 | 0.009902 |  |
| WHEAT (CBT) | 0.008591 |  |
| UST BILLS 0% 05/14/2026 | 0.006843 |  |
| U.S. Treasury Bills | 0.006817 |  |
| WTI CRUDE | 0.006247 |  |
| WORLDCLIMATE PARI MAR26 | 0.004250 | ✓ |
| RAPESEED EURO FUT AUG26 IJQ6 | 0.001373 |  |
| Low Su Gasoil G   May26 | 0.000829 |  |
| RAPESEED EURO FUT NOV26 IJX6 | 0.000696 |  |
| LOW SU GASOIL G   JUN26 IFEU 20260611 | 0.000405 |  |
| SILVER SEP 26 | 0.000177 | ✓ |
| LOW SU GASOIL G FUT JUL26 QSN6 | 0.000114 |  |
| COFF ROBUSTA 10tn Jul26 | 0.000056 |  |
| RAPESEED  EURO    May26 | 0.000036 |  |
| Robusta Coffee Future 10-Tonne | 0.000019 |  |
| COFF ROBUSTA 10TN FUT SEP26 DFU6 | 0.000012 |  |
| MILL WHEAT EURO FUT DEC26 CAZ6 | 0.000012 |  |
| MILL WHEAT EURO   Sep26 | 0.000011 |  |

## Goldman Sachs Commodity Strategy Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Bills | 0.248197 | ✓ |
| U.S. Treasury Bills | 0.226162 |  |
| U.S. Treasury Bills | 0.174766 |  |
| U.S. Treasury Bills | 0.113494 |  |
| B 0 09/17/26 | 0.086574 |  |
| MONEYMKT | 0.063020 |  |
| ZOOM COMMUNICATIONS INC CLASS A | 0.014001 |  |
| U.S. Treasury Bills | 0.013656 |  |
| ZSCALER INC | 0.013052 |  |
| RBC DOM 8 REPO | 0.010339 |  |
| ZINC FUTURES 3 MONTHS | 0.009586 |  |
| U.S. Treasury Bills | 0.008073 |  |
| Long: IS39FD0   TRS USD R V 00MOBFR IS39FE1/OBFR01/+72 BPS / Short: IS39FD0   TRS USD P E IS39FD0/XXXRUGL | 0.008041 |  |
| WTI CRUDE SEP 26 | 0.006364 |  |
| WTI CRUDE MAR 26 | 0.003053 |  |
| WORLDCLIMATE PARI MAR26 | 0.000659 | ✓ |
| ZCS BRL 14.0087 05/12/25-01/04/27 CME | 0.000475 |  |
| WHEAT SEP 26 | 0.000445 |  |
| SILVER SEP 26 | 0.000041 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000940400-26-021281` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1810747/000094040026021281/0000940400-26-021281-index.htm>
- N-PORT (fund B) — accession `0001410368-26-051329` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/822977/000141036826051329/0001410368-26-051329-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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