Correlation
The correlation between CTA and AMFAX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
CTA vs. AMFAX
Compare and contrast key facts about Simplify Managed Futures Strategy ETF (CTA) and AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX).
CTA is an actively managed fund by Simplify. It was launched on Mar 7, 2022. AMFAX is managed by Blackrock. It was launched on Jul 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTA or AMFAX.
Performance
CTA vs. AMFAX - Performance Comparison
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Key characteristics
CTA:
0.35
AMFAX:
-2.04
CTA:
0.32
AMFAX:
-2.74
CTA:
1.04
AMFAX:
0.64
CTA:
0.20
AMFAX:
-0.78
CTA:
0.47
AMFAX:
-1.86
CTA:
4.25%
AMFAX:
15.36%
CTA:
12.35%
AMFAX:
13.51%
CTA:
-18.07%
AMFAX:
-36.84%
CTA:
-9.76%
AMFAX:
-35.39%
Returns By Period
In the year-to-date period, CTA achieves a -2.26% return, which is significantly higher than AMFAX's -17.21% return.
CTA
-2.26%
-0.59%
1.60%
4.27%
7.94%
N/A
N/A
AMFAX
-17.21%
-0.42%
-17.41%
-27.39%
-9.81%
2.27%
0.37%
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CTA vs. AMFAX - Expense Ratio Comparison
CTA has a 0.78% expense ratio, which is lower than AMFAX's 1.72% expense ratio.
Risk-Adjusted Performance
CTA vs. AMFAX — Risk-Adjusted Performance Rank
CTA
AMFAX
CTA vs. AMFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Managed Futures Strategy ETF (CTA) and AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
CTA vs. AMFAX - Dividend Comparison
CTA's dividend yield for the trailing twelve months is around 4.82%, more than AMFAX's 1.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 4.82% | 4.80% | 7.78% | 6.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AMFAX AlphaSimplex Managed Futures Strategy Fund Class A | 1.54% | 1.28% | 0.30% | 32.70% | 5.74% | 3.14% | 6.12% | 1.32% | 0.00% | 0.00% | 4.92% | 13.43% |
Drawdowns
CTA vs. AMFAX - Drawdown Comparison
The maximum CTA drawdown since its inception was -18.07%, smaller than the maximum AMFAX drawdown of -36.84%. Use the drawdown chart below to compare losses from any high point for CTA and AMFAX.
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Volatility
CTA vs. AMFAX - Volatility Comparison
Simplify Managed Futures Strategy ETF (CTA) has a higher volatility of 2.98% compared to AlphaSimplex Managed Futures Strategy Fund Class A (AMFAX) at 2.71%. This indicates that CTA's price experiences larger fluctuations and is considered to be riskier than AMFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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