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CTA vs LALT

Simplify Managed Futures Strategy ETF vs First Trust Multi-Strategy Alternative ETF

CTA

Simplify Managed Futures Strategy ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$1.7B

LALT

First Trust Multi-Strategy Alternative ETF

First Trust

Annual cost

1.18%

Fund size

$61M

Key differences

  • CTA costs 0.43% less per year.
  • CTA is significantly larger than LALT — larger funds tend to be more liquid and less likely to close.
  • CTA follows a systematic alpha strategy; LALT uses multi strategy.
  • Over the last 3 years, CTA has delivered higher annualized returns.

Side-by-side comparison

CTALALT
Annual cost (TER)0.75%1.18%
Fund size (AUM)$1.7B$61M
Since20222023
Dividend yield4.03%3.67%
Asset classalternativealternative
Region
Strategysystematic alphamulti strategy
CAGR 1Y+16.5%+23.1%
CAGR 3Y+13.4%+10.8%
CAGR 5YN/AN/A
Sharpe 3Y0.661.16
Volatility 1Y19.72%6.79%
Max drawdown-18.07%-6.96%

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

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