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CTA

Simplify Managed Futures Strategy ETF

as of 02/21/2024

NAV

$ 25.12

NAV Change

+ $ 0.11 /0.44%

Price

$ 25.09

Price Change

+ $ 0.10 /0.40%
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 02/21/2024

Ticker Symbol
CTA
Gross Expense Ratio
0.78%
CUSIP
82889N699
Total Assets
$158,285,245.03
Shares Outstanding
6,300,001
Distribution Yield as of 12/31/2023 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.
27.81%
Distribution Frequency
Quarterly
SEC 30-Day Yield as of 01/31/2024 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.
3.20%
Unsubsidized 30-Day SEC Yield as of 01/31/2024
3.20%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 02/21/2024
-0.14%
NAV Per Share as of 02/21/2024
$25.12
Market Price as of 02/21/2024
$25.09
30-Day Median Bid-Ask Spread
0.33%
Bid/Ask
$25.09/$25.19
Midpoint Price
$25.14
Volume
24,456
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 01/31/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.63% -4.27% -1.16% 0.63% 2.04% 8.57%
Market Price 0.72% -3.81% -0.60% 0.72% 2.68% 7.85%
Annualized 1 Year 3 Year Since Inception
NAV 2.04% 4.41%
Market Price 2.68% 4.05%
Cumulative 1 Year Since Inception
NAV -3.52% 7.89%
Market Price -2.25% 7.08%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -3.52% 4.26%
Market Price -2.25% 3.84%

Historical Premium/Discount

Calendar Year 2023 4th Quarter of 2023
Days Traded at Premium
114
30
Days Traded at Discount
136
33

Portfolio Holdings

Ticker Name Quantity Weight
BAH4 COM BANK ACCEPT FUTR Mar24 -11 -1.22%
BAM4 COM BANK ACCEPT FUTR Jun24 -234 -25.98%
BAU4 COM BANK ACCEPT FUTR Sep24 -407 -45.30%
BAZ4 COM BANK ACCEPT FUTR Dec24 -324 -36.17%
BOK4 COM SOYBEAN OIL FUTR May24 -309 -5.32%
BON4 COM SOYBEAN OIL FUTR Jul24 -168 -2.91%
C K4 COM CORN FUTURE May24 -547 -7.33%
C N4 COM CORN FUTURE Jul24 -278 -3.83%
C U4 COM CORN FUTURE Sep24 -98 -1.37%
CNM4 COM CAN 10YR BOND FUT Jun24 -508 -28.41%
CTK4 COM COTTON NO.2 FUTR May24 273 8.04%
CTN4 COM COTTON NO.2 FUTR Jul24 95 2.79%
FVH4 COM US 5YR NOTE (CBT) Mar24 -156 -10.49%
GCJ4 COM GOLD 100 OZ FUTR Apr24 -232 -29.82%
GCM4 COM GOLD 100 OZ FUTR Jun24 -13 -1.69%
GCQ4 COM GOLD 100 OZ FUTR Aug24 -2 -0.26%
HGK4 COM COPPER FUTURE May24 106 6.51%
HGN4 COM COPPER FUTURE Jul24 33 2.03%
LCJ4 COM LIVE CATTLE FUTR Apr24 221 10.48%
LCM4 COM LIVE CATTLE FUTR Jun24 126 5.84%
LCQ4 COM LIVE CATTLE FUTR Aug24 52 2.40%
NGK24 COM NATURAL GAS FUTR May24 10 0.13%
NGM24 COM NATURAL GAS FUTR Jun24 14 0.19%
NGQ24 COM NATURAL GAS FUTR Aug24 -23 -0.36%
NGU24 COM NATURAL GAS FUTR Sep24 -66 -1.03%
NGV24 COM NATURAL GAS FUTR Oct24 -202 -3.24%
NGX24 COM NATURAL GAS FUTR Nov24 -40 -0.74%
SBK4 COM SUGAR #11 (WORLD) May24 -109 -1.72%
SBN4 COM SUGAR #11 (WORLD) Jul24 -34 -0.53%
SFRH5 COM 3 MONTH SOFR FUT Mar25 -1258 -190.43%
SFRM4 COM 3 MONTH SOFR FUT Jun24 -2080 -311.89%
SFRU4 COM 3 MONTH SOFR FUT Sep24 -477 -71.76%
SFRZ4 COM 3 MONTH SOFR FUT Dec24 -662 -99.92%
SIK4 COM SILVER FUTURE May24 21 1.53%
SIN4 COM SILVER FUTURE Jul24 2 0.15%
W K4 COM WHEAT FUTURE(CBT) May24 -110 -2.01%
W N4 COM WHEAT FUTURE(CBT) Jul24 -100 -1.83%
- TREASURY BILL DN 3/24 113200000 71.15%
- TREASURY BILL DN 3/24 25000000 15.71%
- TREASURY BILL DN 4/24 500000 0.31%
- TREASURY BILL DN 4/24 1000000 0.63%
- TREASURY BILL DN 4/24 2000000 1.25%
- TREASURY BILL DN 4/24 500000 0.31%
- Estimated Cash 11615327 6.60%

As of

Category Weight Est. Initial Margin Contrib to Vol
3 MONTH SOFR FUT -21.28% 4,100,250.00 33.99%
GOLD 100 OZ FUTR -31.45% 2,255,110.00 10.64%
CAN 10YR BOND FUT -26.93% 1,197,121.78 8.25%
NATURAL GAS FUTR -4.15% 851,180.00 7.27%
SOYBEAN OIL FUTR -9.24% 941,490.00 6.62%
LIVE CATTLE FUTR 18.47% 1,075,305.00 6.32%
CORN FUTURE -12.27% 1,150,904.00 5.70%
COTTON NO.2 FUTR 9.27% 1,036,200.00 5.60%
COPPER FUTURE 10.44% 748,000.00 5.34%
BANK ACCEPT FUTR -3.35% 844,356.98 4.69%
SUGAR #11 (WORLD) -2.48% 283,103.02 1.94%
US 5YR NOTE (CBT) -10.43% 240,240.00 1.83%
WHEAT FUTURE(CBT) -2.14% 285,120.00 1.63%
SILVER FUTURE 0.22% 26,400.00 0.16%
WTI CRUDE FUTURE 0.00% 0.00 0.00%
Total -85.34% 15,034,780.78 100.00%
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 88.66% 141,482,825.29 5.39%
Pure Cash 11.34% 18,099,294.22 0.00%
Total 100.00% 159,582,119.51 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
$0.38351 $0.42835 $0.82328 $0.00000 $1.63514
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.10000 $0.00000 $0.00000 $0.00000 $0.10000
$0.43565 $0.00000 $0.67531 $0.00000 $1.11096
$0.15000 $0.00000 $0.00000 $0.00000 $0.15000
View Distribution History

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