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CDX vs CTA

Simplify High Yield ETF vs Simplify Managed Futures Strategy ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

Key differences

  • CDX costs 0.50% less per year.
  • CTA is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.
  • CDX follows a multi strategy strategy; CTA uses systematic alpha.
  • Over the last 3 years, CTA has delivered higher annualized returns.

Side-by-side comparison

CDXCTA
Annual cost (TER)0.25%0.75%
Fund size (AUM)$440M$1.7B
Since20222022
Dividend yield8.37%4.03%
Asset classalternativealternative
Regionnorth america
Strategymulti strategysystematic alpha
CAGR 1Y-0.6%+12.0%
CAGR 3Y+7.6%+11.5%
CAGR 5YN/AN/A
Sharpe 3Y0.400.55
Volatility 1Y5.68%19.97%
Max drawdown-13.24%-18.07%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CDX and CTA