Skip to content
Beacon
Screener

CTA vs MAXI

Simplify Managed Futures Strategy ETF vs Simplify Bitcoin Strategy ETF

CTA

Simplify Managed Futures Strategy ETF

Annual cost

0.75%

Fund size

$1.6B

MAXI

Simplify Bitcoin Strategy ETF

Annual cost

1.31%

Fund size

$31M

Key differences

Both CTA and MAXI are alternative ETFs. CTA charges 0.75% a year and MAXI 1.31%. The main difference: CTA follows a systematic alpha strategy; MAXI uses option income.

  • CTA follows a systematic alpha strategy; MAXI uses option income.
  • CTA costs 0.56% less per year.
  • CTA is much larger than MAXI. 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

CTAMAXI
Annual cost (TER)0.75%1.31%
Fund size (AUM)$1.6B$31M
Since20222022
Dividend yield5.05%57.40%
Asset classalternativealternative
Regionnorth america
Strategysystematic alphaoption income
CAGR 1Y+12.2%-62.3%
CAGR 3Y+10.9%+9.7%
CAGR 5YN/AN/A
Sharpe 3Y0.510.41
Volatility 1Y20.23%65.98%
Max drawdown-18.07%-68.11%

Similar to CTA and MAXI