Screener
FENI vs CTA
Fidelity Enhanced International ETF vs Simplify Managed Futures Strategy ETF
Key differences
FENI is an equity ETF, while CTA is an alternative ETF. FENI charges 0.28% a year and CTA 0.75%.
- FENI is an equity fund, while CTA is an alternative fund. They carry different risk/return profiles.
- FENI follows a active selection strategy; CTA uses managed futures.
- FENI costs 0.47% less per year.
- FENI is much larger than CTA. Larger funds are usually more liquid and less likely to close.
- FENI has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FENI | CTA | |
|---|---|---|
| Annual cost (TER) | 0.28% | 0.75% |
| Fund size (AUM) | $9.8B | $1.6B |
| Since | 2007 | 2022 |
| Dividend yield | 2.85% | 5.05% |
| Asset class | equity | alternative |
| Region | global ex us | — |
| Strategy | active selection | managed futures |
| CAGR 1Y | +26.1% | +5.6% |
| CAGR 3Y | N/A | +9.6% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | N/A | 0.43 |
| Volatility 1Y | 16.16% | 20.33% |
| Max drawdown | -14.20% | -18.07% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.