ARB.TO vs. CTA

Last updated Jun 5, 2026

ARB.TO (Accelerate Arbitrage Fund) and CTA (Simplify Managed Futures Strategy ETF) are both exchange-traded funds - ARB.TO is a Long-Short fund tracking the S&P Merger Arbitrage TR USD, while CTA is a Systematic Trend fund actively managed by Simplify. ARB.TO is passively managed, while CTA is actively managed. Over the past 3 years, ARB.TO returned 6.39%/yr vs 12.61%/yr for CTA. At a correlation of -0.08, they often move in opposite directions. ARB.TO charges 1.38%/yr vs 0.78%/yr for CTA.

Performance

ARB.TO vs. CTA - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Accelerate Arbitrage Fund (ARB.TO) and Simplify Managed Futures Strategy ETF (CTA). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ARB.TO is traded in CAD, while CTA is traded in USD. To make them comparable, the CTA values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ARB.TO achieves a 1.09% return, which is significantly lower than CTA's 12.25% return.

ARB.TO

• 1D: 0.18%
• 1M: -0.43%
• YTD: 1.09%
• 6M: 0.80%
• 1Y: 4.58%
• 3Y*: 6.39%
• 5Y*: 4.61%
• 10Y*: —

CTA

• 1D: -1.31%
• 1M: -6.12%
• YTD: 12.25%
• 6M: 12.02%
• 1Y: 15.79%
• 3Y*: 12.61%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARB.TO vs. CTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ARB.TO Accelerate Arbitrage Fund	1.09%	10.15%	5.30%	3.48%	5.88%
CTA Simplify Managed Futures Strategy ETF	12.25%	-3.74%	34.81%	-4.39%	15.17%

Correlation

The correlation between ARB.TO and CTA is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Mar 9, 2022	-0.08

ARB.TO vs. CTA - Sectors Allocation Comparison

Sectors	ARB.TO	CTA
Financial Services	73.9%	-49.1%
Healthcare	6.8%	-
Real Estate	5.5%	-
Technology	3.4%	-
Basic Materials	2.0%	-
Consumer Cyclical	2.0%	-
Industrials	1.8%	-
Utilities	1.8%	-
Communication Services	1.8%	-
Energy	1.2%	-
Consumer Defensive	-	-

Return for Risk

ARB.TO vs. CTA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARB.TO

ARB.TO Risk / Return Rank: 27
ARB.TO Sharpe Ratio Rank: 19
ARB.TO Sortino Ratio Rank: 19
ARB.TO Omega Ratio Rank: 19
ARB.TO Calmar Ratio Rank: 46
ARB.TO Martin Ratio Rank: 32

CTA

CTA Risk / Return Rank: 23
CTA Sharpe Ratio Rank: 21
CTA Sortino Ratio Rank: 20
CTA Omega Ratio Rank: 22
CTA Calmar Ratio Rank: 27
CTA Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARB.TO vs. CTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Accelerate Arbitrage Fund (ARB.TO) and Simplify Managed Futures Strategy ETF (CTA). 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.

	ARB.TO	CTA	Difference
Sharpe ratio: Return per unit of total volatility	0.59	0.77	-0.17
Sortino ratio: Return per unit of downside risk	0.94	1.12	-0.18
Omega ratio: Gain probability vs. loss probability	1.12	1.15	-0.04
Calmar ratio: Return relative to maximum drawdown	2.24	1.57	+0.67
Martin ratio: Return relative to average drawdown	4.79	3.42	+1.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARB.TO vs. CTA - Sharpe Ratio Comparison

The current ARB.TO Sharpe Ratio is 0.59, which is comparable to the CTA Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of ARB.TO and CTA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARB.TO	CTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	0.77	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.63	+0.74

Drawdowns

ARB.TO vs. CTA - Drawdown Comparison

The maximum ARB.TO drawdown since its inception was -13.46%, smaller than the maximum CTA drawdown of -20.71%. Use the drawdown chart below to compare losses from any high point for ARB.TO and CTA.

Drawdown Indicators

	ARB.TO	CTA	Difference
Max Drawdown Largest peak-to-trough decline	-13.46%	-20.71%	+7.25%
Max Drawdown (1Y) Largest decline over 1 year	-2.50%	-10.11%	+7.61%
Max Drawdown (3Y) Largest decline over 3 years	-2.50%	-14.25%	+11.75%
Max Drawdown (5Y) Largest decline over 5 years	-5.23%	—	—
Current Drawdown Current decline from peak	-1.07%	-7.42%	+6.35%
Average Drawdown Average peak-to-trough decline	-4.69%	-7.16%	+2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	4.64%	-3.55%

Volatility

ARB.TO vs. CTA - Volatility Comparison

The current volatility for Accelerate Arbitrage Fund (ARB.TO) is 2.20%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 7.97%. This indicates that ARB.TO experiences smaller price fluctuations and is considered to be less risky than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARB.TO	CTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.20%	7.97%	-5.77%
Volatility (6M) Calculated over the trailing 6-month period	6.27%	17.72%	-11.45%
Volatility (1Y) Calculated over the trailing 1-year period	9.42%	20.62%	-11.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.33%	18.66%	-10.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.64%	18.66%	-9.02%

ARB.TO vs. CTA - Expense Ratio Comparison

ARB.TO has a 1.38% expense ratio, which is higher than CTA's 0.78% expense ratio.

Dividends

ARB.TO vs. CTA - Dividend Comparison

ARB.TO's dividend yield for the trailing twelve months is around 3.75%, less than CTA's 4.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
ARB.TO Accelerate Arbitrage Fund	3.75%	3.75%	3.98%	3.56%	7.25%	2.63%	4.04%
CTA Simplify Managed Futures Strategy ETF	4.92%	3.19%	4.80%	7.78%	6.58%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARB.TO and CTA in my portfolio?

ARB.TO and CTA have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARB.TO or CTA?

On fees, CTA is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARB.TO or CTA?

CTA is cheaper with a 0.78% expense ratio, compared with 1.38% for ARB.TO.

What is the main difference between ARB.TO and CTA?

ARB.TO is categorized as Long-Short, while CTA is Systematic Trend. Their fees differ too: 1.38% for ARB.TO and 0.78% for CTA.