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BTF vs CTA

CoinShares Bitcoin and Ether ETF vs Simplify Managed Futures Strategy ETF

BTF

CoinShares Bitcoin and Ether ETF

Annual cost

1.27%

Fund size

$14M

CTA

Simplify Managed Futures Strategy ETF

Annual cost

0.75%

Fund size

$1.6B

Key differences

BTF is a cryptocurrency ETF, while CTA is an alternative ETF. BTF charges 1.27% a year and CTA 0.75%.

  • BTF is a cryptocurrency fund, while CTA is an alternative fund. They carry different risk/return profiles.
  • CTA costs 0.52% less per year.
  • CTA is much larger than BTF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CTA has delivered higher annualized returns.

Side-by-side comparison

BTFCTA
Annual cost (TER)1.27%0.75%
Fund size (AUM)$14M$1.6B
Since20212022
Dividend yield195.21%5.05%
Asset classcryptocurrencyalternative
Region
Strategysystematic alpha
CAGR 1Y-42.7%+12.2%
CAGR 3Y+9.6%+10.9%
CAGR 5YN/AN/A
Sharpe 3Y0.380.51
Volatility 1Y54.87%20.23%
Max drawdown-77.50%-18.07%

Similar to BTF and CTA