ASET vs. CTAP

Last updated Jun 3, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. ASET is passively managed, while CTAP is actively managed. ASET charges 0.57%/yr vs 0.10%/yr for CTAP.

Performance

ASET vs. CTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Real Assets Allocation Index Fund (ASET) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTAP

• 1D: 0.68%
• 1M: -1.60%
• YTD: 22.34%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ASET vs. CTAP - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	16.74%

ASET vs. CTAP - Sectors Allocation Comparison

Sectors	ASET	CTAP
Real Estate	41.6%	-
Industrials	16.3%	-
Utilities	12.8%	-
Communication Services	12.1%	-
Energy	7.8%	-
Basic Materials	5.8%	-
Healthcare	2.2%	-
Consumer Defensive	1.1%	-
Technology	0.2%	-
Consumer Cyclical	0.1%	-
Financial Services	-	49.3%

Return for Risk

ASET vs. CTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ASET	CTAP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.56	—

Drawdowns

ASET vs. CTAP - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum CTAP drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for ASET and CTAP.

Drawdown Indicators

	ASET	CTAP	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-9.02%	+9.02%
Current Drawdown Current decline from peak	0.00%	-4.16%	+4.16%
Average Drawdown Average peak-to-trough decline	0.00%	-2.16%	+2.16%

Volatility

Volatility by Period

	ASET	CTAP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	24.03%	-24.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	24.03%	-24.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	24.03%	-24.03%

ASET vs. CTAP - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is higher than CTAP's 0.10% expense ratio.

Dividends

ASET vs. CTAP - Dividend Comparison

ASET has not paid dividends to shareholders, while CTAP's dividend yield for the trailing twelve months is around 0.64%.

Position	TTM
ASET FlexShares Real Assets Allocation Index Fund	0.00%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	0.64%

Frequently Asked Questions

Which ETF is better, ASET or CTAP?

On fees, CTAP is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASET or CTAP?

CTAP is cheaper with a 0.10% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, ASET or CTAP?

CTAP has the higher dividend yield at 0.64%, compared with 0.00% for ASET.

What is the main difference between ASET and CTAP?

They also come from different issuers: Northern Trust and Simplify. Their fees differ too: 0.57% for ASET and 0.10% for CTAP.