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CTA

Simplify Managed Futures Strategy ETF

as of 05/24/2024

NAV

$ 27.59

NAV Change

- $ 0.19 /0.68%

Price

$ 27.60

Price Change

- $ 0.25 /0.90%
The Simplify Managed Futures Strategy ETF (CTA) seeks long term capital appreciation by systematically investing in futures in an attempt to create an absolute return profile, that also has a low correlation to equities, and can provide support in risk-off events.

To this end, CTA deploys a suite of systematic models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.

CTA Fund Deep Dive

Fund Overview

As of 05/24/2024

Ticker Symbol
CTA
Gross Expense Ratio
0.78%
CUSIP
82889N699
Total Assets
$199,365,461.27
Shares Outstanding
7,225,001
Distribution Yield as of 03/31/2024 Distribution yield calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution yield.
Distribution Yield Close
Distribution yield calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution yield.
2.41%
Distribution Frequency
Quarterly
SEC 30-Day Yield as of 04/30/2024 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
2.94%
Unsubsidized 30-Day SEC Yield as of 04/30/2024
2.94%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 05/24/2024
0.02%
NAV Per Share as of 05/24/2024
$27.59
Market Price as of 05/24/2024
$27.60
30-Day Median Bid-Ask Spread
0.21%
Bid/Ask
$27.61/$27.63
Midpoint Price
$27.62
Volume
67,566
NAV Symbol
CTA.NV
IOPV Symbol
CTA.IV
Shares Out. Symbol
CTA.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.75%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.03%
Total Annual Fund Operating Expenses 0.78%
1. Amount of interest expense included in percentage.

Fund Performance

As of 04/30/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 10.42% 16.87% 11.88% 17.61% 19.08% 26.88%
Market Price 9.78% 15.92% 11.51% 16.76% 18.74% 25.02%
Annualized 1 Year 3 Year Since Inception
NAV 19.08% 11.72%
Market Price 18.74% 10.97%
Cumulative 1 Year Since Inception
NAV 15.34% 14.92%
Market Price 15.46% 13.88%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 15.34% 6.96%
Market Price 15.46% 6.50%

Historical Premium/Discount

Calendar Year 2023 1st Quarter of 2024
Days Traded at Premium
114
39
Days Traded at Discount
136
22

Portfolio Holdings

Ticker Name Quantity Weight
BON4 COM SOYBEAN OIL FUTR Jul24 241 3.26%
BOQ4 COM SOYBEAN OIL FUTR Aug24 41 0.56%
BOU4 COM SOYBEAN OIL FUTR Sep24 28 0.38%
C N4 COM CORN FUTURE Jul24 -89 -1.04%
CLN4 COM WTI CRUDE FUTURE Jul24 -16 -0.62%
CLQ4 COM WTI CRUDE FUTURE Aug24 -64 -2.48%
CLU4 COM WTI CRUDE FUTURE Sep24 -36 -1.39%
CLV4 COM WTI CRUDE FUTURE Oct24 -15 -0.57%
CNU4 COM CAN 10YR BOND FUT Sep24 -1128 -49.36%
CORH5 COM 3M CORRA Futures Mar25 -604 -53.08%
CORM4 COM 3M CORRA Futures Jun24 -280 -24.46%
CORU4 COM 3M CORRA Futures Sep24 -761 -66.63%
CORZ4 COM 3M CORRA Futures Dec24 -855 -75.00%
CTH5 COM COTTON NO.2 FUTR Mar25 -4 -0.08%
CTN4 COM COTTON NO.2 FUTR Jul24 -79 -1.60%
CTZ4 COM COTTON NO.2 FUTR Dec24 -75 -1.47%
FVU4 COM US 5YR NOTE (CBT) Sep24 -503 -26.70%
GCQ4 COM GOLD 100 OZ FUTR Aug24 102 12.06%
GCV4 COM GOLD 100 OZ FUTR Oct24 10 1.19%
HGN4 COM COPPER FUTURE Jul24 62 3.70%
HGU4 COM COPPER FUTURE Sep24 44 2.62%
HGZ4 COM COPPER FUTURE Dec24 13 0.77%
LCM4 COM LIVE CATTLE FUTR Jun24 20 0.74%
LCQ4 COM LIVE CATTLE FUTR Aug24 550 19.99%
LCV4 COM LIVE CATTLE FUTR Oct24 308 11.37%
NGF25 COM NATURAL GAS FUTR Jan25 192 3.74%
NGG25 COM NATURAL GAS FUTR Feb25 72 1.34%
NGH25 COM NATURAL GAS FUTR Mar25 59 0.98%
NGN24 COM NATURAL GAS FUTR Jul24 283 3.94%
NGQ24 COM NATURAL GAS FUTR Aug24 272 3.85%
NGU24 COM NATURAL GAS FUTR Sep24 118 1.65%
NGV24 COM NATURAL GAS FUTR Oct24 58 0.83%
NGX24 COM NATURAL GAS FUTR Nov24 29 0.46%
NGZ24 COM NATURAL GAS FUTR Dec24 83 1.50%
SBH5 COM SUGAR #11 (WORLD) Mar25 -103 -1.08%
SBN4 COM SUGAR #11 (WORLD) Jul24 -622 -6.43%
SBV4 COM SUGAR #11 (WORLD) Oct24 -389 -4.02%
SFRH5 COM 3 MONTH SOFR FUT Mar25 -705 -84.17%
SFRM5 COM 3 MONTH SOFR FUT Jun25 -1251 -149.67%
SFRU4 COM 3 MONTH SOFR FUT Sep24 -705 -83.82%
SFRZ4 COM 3 MONTH SOFR FUT Dec24 -593 -70.64%
SIN4 COM SILVER FUTURE Jul24 113 8.64%
SIU4 COM SILVER FUTURE Sep24 7 0.54%
SIZ4 COM SILVER FUTURE Dec24 6 0.47%
W N4 COM WHEAT FUTURE(CBT) Jul24 185 3.24%
W U4 COM WHEAT FUTURE(CBT) Sep24 68 1.22%
W Z4 COM WHEAT FUTURE(CBT) Dec24 17 0.32%
- TREASURY BILL DN 6/24 117000000 58.49%
- TREASURY BILL DN 6/24 24500000 12.25%
- TREASURY BILL DN 7/24 20600000 10.28%
- TREASURY BILL DN 7/24 3000000 1.50%
- TREASURY BILL DN 8/24 9700000 4.81%
- TREASURY BILL DN 8/24 6500000 3.22%
- CANADIAN DOLLAR 5919464 2.17%
- EURO 85 0.00%
- Estimated Cash 10171647 5.24%

As of

Category Weight Est. Initial Margin Contrib to Vol
NATURAL GAS FUTR 18.29% 5,285,830 17.79%
LIVE CATTLE FUTR 32.09% 2,366,210 12.37%
3 MONTH SOFR FUT -12.14% 2,964,940 9.84%
SILVER FUTURE 9.66% 1,593,900 9.71%
CAN 10YR BOND FUT -45.95% 2,302,226 9.37%
SUGAR #11 (WORLD) -11.53% 2,263,150 8.53%
GOLD 100 OZ FUTR 13.25% 1,232,000 6.82%
COPPER FUTURE 7.09% 719,950 5.60%
WHEAT FUTURE(CBT) 4.77% 614,350 4.61%
3M CORRA FUTURES -6.85% 1,618,735 4.09%
SOYBEAN OIL FUTR 4.20% 603,130 3.53%
US 5YR NOTE (CBT) -26.70% 774,620 2.67%
COTTON NO.2 FUTR -3.14% 506,825 2.46%
WTI CRUDE FUTURE -5.06% 918,830 2.06%
CORN FUTURE -1.04% 127,270 0.55%
BANK ACCEPT FUTR 0.00% 0 0.00%
Total -23.08% 23,891,966 100.00%
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 90.54% 180,513,084 5.37%
Pure Cash 9.46% 18,852,377 0.00%
Total 100.00% 199,365,461 0.00%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$0.00000 $0.00000 $0.00000 $0.00000 $0.00000
$0.00000 $0.00000 $0.00000 $0.00000 $0.00000
$0.15000 $0.00000 $0.00000 $0.00000 $0.15000
$0.00000 $0.00000 $0.00000 $0.00000 $0.00000
$0.00000 $0.00000 $0.00000 $0.00000 $0.00000
View Distribution History

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