Simplify Managed Futures Strategy ETF
$29.97+0.35 (+1.18%)
- 0.75%
- $1.3B
- +10.6%
- 5.13%
- 0.6M sh
- $29.42
- low $25.39high $32.76
The ETF.net CTA Grade
B
Score 61 out of 100
- 5 of 16
Score 61 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A80 out of 100Rank 4 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F20 out of 100Rank 13 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 5 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 1 of 16
Our read on CTA
BSimplify didn't build its own trend models, it rented them. CTA runs systematic long/short futures programs from Altis Partners, a commodity trading advisor with 20-plus years in the chair, at the lowest fee in its peer group.
The fund seeks long-term capital appreciation by systematically investing in futures to create an absolute return profile and capture price trends.
Why people hold it
- Charges 0.75% a year, undercutting every other fund in its managed-futures peer group, including DBMF at 0.85% and ASMF at 0.80%.simplify.us
- The engine is outsourced to Altis Partners, a commodity trading advisor with over 20 years of experience, running a suite of systematic models rather than a single signal.simplify.us
- Goes long or short across 50-plus markets: equity, Treasury, commodity and currency futures. The mandate targets absolute return with low correlation to stocks.simplify.usfinance.yahoo.com
- Pays monthly and trades actively, unusual plumbing for an alternatives sleeve.
Worth knowing
- Trend systems need sustained moves to work with. Choppy, fast-reversing markets are where they struggle, so the ride is bumpier and less predictable than a plain index fund.
- Actively managed with no benchmark index to check it against, and commodity exposure runs through a wholly owned Cayman subsidiary that can hold up to 25% of assets.finance.yahoo.comsimplify.us
- Launched in 2022, so the live record is short and spans only a handful of market regimes.
CTA Holdings
- Other
- 26
- 112%
- SBIL
Sectors
- Financials100.0%
Geography
- United States100.00%
CTA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
CTA$11,060
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CTA |
|---|---|
| Year to date | +13.4% |
| 1 month | −1.8% |
| 3 months | +16.1% |
| 1 year | +10.6% |
| 3 years | +10.1% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CTA |
|---|---|---|
| 2026 YTD | +13.4% | |
| 2025 | +0.9% | |
| 2024 | +24.1% | |
| 2023 | −2.3% | |
| 2022 | +9.5% |
CTA in the news
Category Review
The largest alternatives fund has no one-year record
CTA Dividends
- 5.13%
- $1.52
- $0.13 per share
- Monthly
Distribution history
CTA Risk
- 15.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CTA Cost
0.75%
CTA0.75%
- The middle half of Managed Futures funds
- Median 0.82%
3 of the 15 Managed Futures funds charge less.
Other funds in Managed Futures
- BIMFInvesco Actively Managed Exchange-Traded Fund Trust - Invesco Managed Futures Strategy ETFExpense ratio 0.80%1 year return +21.9%
- BISMFBlackrock ETF Trust - Ishares Managed Futures Active ETFExpense ratio 0.82%1 year return +18.2%
- BDBMFiMGP DBi Managed Futures Strategy ETFExpense ratio 0.85%1 year return +29.4%
- BFFUTFidelity Managed Futures ETFExpense ratio 0.82%1 year return +27.4%
- BHOLDHarbor Alpha Layering ETF (HOLD)Expense ratio 0.70%1 year return +15.3%