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CTAP vs NTSD

Simplify US Equity PLUS Managed Futures Strategy ETF

CTAPANYSE Arca

Wisdomtree Efficient U.s. Plus International Equity Fund

NTSDBNYSE Arca

Overlap

Expense ratio

CTAP −0.23pt a year

CTAP0.13%NTSD0.36%

Avg volume · 30D

CTAP 8.1×the volume

CTAP86.8KNTSD10.7K

CTAP vs NTSD Performance

Jul 31, 2026 – Oct 30, 2026

+11.6%CTAP−0.5%NTSD

Jul 31, 2026 to Oct 30, 2026. CTAP +11.6%. NTSD −0.5%. Use the arrow keys to read each point.5%15%Jul 2026Sep 2026Oct 2026
Expense ratio
CTAP 0.13%, better
NTSD 0.36%
Fund size
CTAP $167M
NTSD $52M
Holdings
CTAP 42
NTSD 506
Avg volume (30D)
CTAP 86.8K sh, better
NTSD 10.7K sh
NAV per share
CTAP $30.26
NTSD $46.12
52W range

ETF.net Grade

CTAP: Cost 100, Risk 45, Mission not scored, Tradability 67, Holdings 42, Durability 59. NTSD: Cost 67, Risk 78, Mission 98, Tradability 39, Holdings 72, Durability 44.
Pillar letters and Scores for CTAP, NTSD, with each pillar’s weight
PillarCTAPNTSD
Cost30% weightA100HigherB67
Mission25% weightNot scoredA98
Risk15% weightC45A78Higher
Tradability15% weightB67HigherD39
Holdings10% weightC42A72Higher
Durability5% weightB59HigherC44

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 NTSD 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 NTSD 5th 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 5BALLWState Street Bridgewater All Weather ETFScore 62
  5. Rank 5BNTSDWisdomtree Efficient U.s. Plus International Equity FundScore 62
  6. Rank 7BRSSBReturn Stacked Global Stocks & Bonds ETFScore 60

Our read on each fund

ETF.net Research

CTAPASimplify US Equity PLUS Managed Futures Strategy ETF

NTSDBWisdomtree Efficient U.s. Plus International Equity 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.

NTSD No data

Stated mandate

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

NTSD 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.

NTSD 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

NTSD No data

Full CTAP profile⁠

Full NTSD profile⁠

CTAP vs NTSD 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 NTSD Cost

Overpaying NTSD vs CTAP

$4,594

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

  • CTAP 0.13%

    $2,726

  • NTSD 0.36%

    $7,320

$10,000
30 years

Cost over time

  • CTAP 0.13%
  • NTSD 0.36%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530NTSD $7,320CTAP $2,726

Year by year

YearCTAPNTSDOverpaying
10$238$652$414
20$930$2,522$1,592
30$2,726$7,320$4,594

Expense ratio

  • 0.13%CTAP, cheaper
  • 0.36%NTSD
  • Middle half of Capital-Efficient Allocation funds
  • Median 0.67%

CTAP cheapest of 19 funds

NTSD 7th cheapest of 19 funds

CTAP vs NTSD Dividends

Last 12 months to Oct 30, 2026
Last payment
CTAP $0.30
NTSD $0.10
Ex-dividend
CTAP Sep 25, 2026
NTSD Sep 25, 2026
Paid on
CTAP Sep 30, 2026
NTSD Sep 29, 2026
Frequency
CTAP Quarterly
NTSD Quarterly

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
NTSDQuarterly · 2 paymentsAll NTSD payments⁠
One bar per payment. 2 payments in 2026 YTD. Jun 25, 2026 $0.07; Sep 25, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD

CTAP vs NTSD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
CTAP 1.34NTSD 1.21

CTAP and NTSD in the news

All news⁠

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