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FOXY vs CTA

Simplify Currency Strategy ETF vs Simplify Managed Futures Strategy ETF

FOXY

Simplify Currency Strategy ETF

Annual cost

0.81%

Fund size

$312M

CTA

Simplify Managed Futures Strategy ETF

Annual cost

0.75%

Fund size

$1.6B

Key differences

FOXY is a currency ETF, while CTA is an alternative ETF. FOXY charges 0.81% a year and CTA 0.75%.

  • FOXY is a currency fund, while CTA is an alternative fund. They carry different risk/return profiles.
  • FOXY follows a tactical allocation strategy; CTA uses systematic alpha.
  • CTA costs 0.06% less per year.
  • CTA is much larger than FOXY. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FOXYCTA
Annual cost (TER)0.81%0.75%
Fund size (AUM)$312M$1.6B
Since20252022
Dividend yield8.23%5.05%
Asset classcurrencyalternative
Region
Strategytactical allocationsystematic alpha
CAGR 1Y+22.4%+12.2%
CAGR 3YN/A+10.9%
CAGR 5YN/AN/A
Sharpe 3YN/A0.51
Volatility 1Y9.86%20.23%
Max drawdown-13.09%-18.07%

Similar to FOXY and CTA