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CTA vs HARD

Simplify Managed Futures Strategy ETF vs Simplify Commodities Strategy No K-1 ETF

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

HARD

Simplify Commodities Strategy No K-1 ETF

Simplify Asset Management

Annual cost

0.78%

Fund size

$118M

Key differences

  • CTA is significantly larger than HARD — larger funds tend to be more liquid and less likely to close.
  • CTA is classified as alternative, while HARD is commodity — different risk/return profiles.

Side-by-side comparison

CTAHARD
Annual cost (TER)0.75%0.78%
Fund size (AUM)$1.7B$118M
Since20222023
Dividend yield4.03%3.05%
Asset classalternativecommodity
Region
Strategysystematic alpha
CAGR 1Y+16.5%+25.3%
CAGR 3Y+13.4%+14.1%
CAGR 5YN/AN/A
Sharpe 3Y0.660.60
Volatility 1Y19.72%26.20%
Max drawdown-18.07%-13.51%

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

Similar to CTA and HARD