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CTAP vs GDT

Simplify US Equity PLUS Managed Futures Strategy ETF

CTAPANYSE Arca

WisdomTree Efficient TIPS Plus Gold Fund

GDTCCboe

Overlap

Expense ratio

CTAP −0.17pt a year

CTAP0.13%GDT0.30%

Avg volume · 30D

CTAP 45.2×the volume

CTAP86.8KGDT1.92K

CTAP vs GDT Performance

Jul 31, 2026 – Oct 30, 2026

+11.6%CTAP−4.4%GDT

Jul 31, 2026 to Oct 30, 2026. CTAP +11.6%. GDT −4.4%. Use the arrow keys to read each point.0%5%15%Jul 2026Sep 2026Oct 2026
Expense ratio
CTAP 0.13%, better
GDT 0.30%
Fund size
CTAP $167M
GDT $10M
Holdings
CTAP 42
GDT 22
Avg volume (30D)
CTAP 86.8K sh, better
GDT 1.92K sh
NAV per share
CTAP $30.26
GDT $31.90
52W range

ETF.net Grade

CTAP: Cost 100, Risk 45, Mission not scored, Tradability 67, Holdings 42, Durability 59. GDT: Cost 78, Risk 6, Mission not scored, Tradability 16, Holdings not scored, Durability 38.
Pillar letters and Scores for CTAP, GDT, with each pillar’s weight
PillarCTAPGDT
Cost30% weightA100HigherA78
Mission25% weightNot scoredNot scored
Risk15% weightC45HigherF6
Tradability15% weightB67HigherF16
Holdings10% weightC42Not scored
Durability5% weightB59HigherD38

Rank among Capital-Efficient Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CTAP and GDT are both graded against the same 19 Capital-Efficient Allocation funds, so their Grades compare head to head.

Capital-Efficient Allocation⁠

Category · 19 funds
See all 19 ›

CTAP ranks 2nd and GDT 10th of 19 funds in the Capital-Efficient Allocation Category.

  1. Rank 1ANTSXWisdomTree U.S. Efficient Core FundScore 77
  2. Rank 2ACTAPSimplify US Equity PLUS Managed Futures Strategy ETFScore 71
  3. Rank 3BGDEWisdomTree Efficient Gold Plus Equity Strategy FundScore 69
  4. Rank 9CNTSEWisdomTree Emerging Markets Efficient Core FundScore 48
  5. Rank 10CGDTWisdomTree Efficient TIPS Plus Gold FundScore 43
  6. Rank 10CUPARUPAR Ultra Risk Parity ETFScore 43

Our read on each fund

ETF.net Research

CTAPASimplify US Equity PLUS Managed Futures Strategy ETF

GDTCWisdomTree Efficient TIPS Plus Gold Fund

In short

CTAP Most capital-efficient funds stack bonds or gold on top of stocks. This one stacks a systematic long/short managed futures program: 100% equities plus 100% trend following in a single share, at 0.10% net of a waiver through December 4, 2026.

GDT No data

Stated mandate

CTAP The fund seeks long-term capital appreciation through two actively managed strategies: US large-cap equities and managed futures.

GDT No data

Why people hold it

  • CTAP Cheapest fee in its capital-efficient peer group: 0.10% net of a waiver through December 4, 2026 (0.28% gross), versus 0.20% for NTSX and 0.20% for GDE, neither of which is waived.
  • One share carries 100% large-cap US equity exposure plus 100% managed futures exposure, so the diversifier rides on top of the stock sleeve instead of replacing it.simplify.us
  • The trend engine isn't homemade. It's a swap on Simplify's CTA ETF, a long/short futures program designed by Altis Partners, a firm with 20 years in the category.businesswire.com
  • A below-median fee and a clean two-sleeve build put it among the stronger implementations in the capital-efficient multi-asset group.

GDT No data

Worth knowing

  • CTAP Stacking is leverage. Exposure runs to roughly twice assets via a total return swap, which magnifies losses if a sleeve falls and leaves the fund reliant on the counterparty paying.simplify.us
  • The futures sleeve is built for low correlation with stocks, not a timed hedge, so it can move against the equity leg in either direction.simplify.usbusinesswire.com
  • Launched in December 2025, so the operating history is short, and the prospectus classifies the fund as non-diversified.simplify.us

GDT No data

Full CTAP profile⁠

Full GDT profile⁠

CTAP vs GDT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CTAP vs GDT Cost

Overpaying GDT vs CTAP

$3,423

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CTAP 0.13%

    $2,726

  • GDT 0.30%

    $6,149

$10,000
30 years

Cost over time

  • CTAP 0.13%
  • GDT 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530GDT $6,149CTAP $2,726

Year by year

YearCTAPGDTOverpaying
10$238$545$307
20$930$2,113$1,183
30$2,726$6,149$3,423

Expense ratio

  • 0.13%CTAP, cheaper
  • 0.30%GDT
  • Middle half of Capital-Efficient Allocation funds
  • Median 0.67%

CTAP cheapest of 19 funds

GDT 5th cheapest of 19 funds

CTAP vs GDT Dividends

Last 12 months to Oct 30, 2026
Last payment
CTAP $0.30
GDT $0.14
Ex-dividend
CTAP Sep 25, 2026
GDT Oct 27, 2026
Paid on
CTAP Sep 30, 2026
GDT Oct 29, 2026
Frequency
CTAP Quarterly
GDT Monthly

Distribution history

Per share, 2026, same scale for both

CTAPQuarterly · 3 paymentsAll CTAP payments⁠
One bar per payment. 3 payments in 2026 YTD. Mar 26, 2026 $0.20; Jun 25, 2026 $0.30; Sep 25, 2026 $0.30. Use the arrow keys to read each point.$0$0.252026YTD
GDTMonthly · 7 paymentsAll GDT payments⁠
One bar per payment. 7 payments in 2026 YTD. Mar 26, 2026 $0.04; Apr 27, 2026 $0.24; May 26, 2026 $0.39; Jun 25, 2026 $0.27; Jul 28, 2026 $0.25; Sep 25, 2026 $0.03; Oct 27, 2026 $0.14. Use the arrow keys to read each point.$0$0.252026YTD

CTAP vs GDT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
CTAP 1.34GDT 0.37

CTAP and GDT in the news

All news⁠

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