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CTA vs CDX

Simplify Managed Futures Strategy ETF vs Simplify High Yield ETF

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

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.
  • CTA follows a systematic alpha strategy; CDX uses multi strategy.
  • Over the last 3 years, CTA has delivered higher annualized returns.

Side-by-side comparison

CTACDX
Annual cost (TER)0.75%0.25%
Fund size (AUM)$1.7B$440M
Since20222022
Dividend yield4.03%8.37%
Asset classalternativealternative
Regionnorth america
Strategysystematic alphamulti strategy
CAGR 1Y+12.0%-0.6%
CAGR 3Y+11.5%+7.6%
CAGR 5YN/AN/A
Sharpe 3Y0.550.40
Volatility 1Y19.97%5.68%
Max drawdown-18.07%-13.24%

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

Similar to CTA and CDX