CTAP vs NTSI

CTAPASimplify US Equity PLUS Managed Futures Strategy ETF

NTSIBWisdomTree International Efficient Core 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.

NTSI Developed-market stocks and a U.S. Treasury futures sleeve sharing one seat. NTSI is WisdomTree's capital-efficient playbook pointed overseas: the stock exposure and the bond exposure don't have to compete for the same dollar.

Stated mandate

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

NTSI The Fund seeks total return through international equity securities and U.S. Treasury futures. WisdomTree presents it as a capital-efficient balanced strategy intended to provide international equity exposure with Treasury-futures diversification.

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.

• NTSI Charges 0.26% a year, roughly a third of what the typical allocation fund in its group costs.
• One wrapper, two jobs: developed international equities plus U.S. Treasury futures, so the bond side doesn't eat cash the stock side needs.
• The equity base is broad, roughly 500 names across developed markets outside the U.S.
• One of the stronger builds in a crowded allocation field, alongside WisdomTree siblings NTSX (U.S. version) and GDE (gold version).

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

• NTSI Futures push total exposure above the cash invested. That cuts both ways: moves are amplified up and down.
• Thinly traded, so spreads can add to the cost of getting in and out beyond the headline fee.
• Actively run on quantitative models and launched in 2021, a shorter history than the plain-vanilla balanced funds it sits next to.

Full CTAP profile⁠

Full NTSI profile⁠