BAMA vs. CTAP

Last updated Jun 3, 2026

BAMA (Brookstone Active ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. BAMA charges 1.15%/yr vs 0.10%/yr for CTAP.

Performance

BAMA vs. CTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookstone Active ETF (BAMA) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAMA achieves a 9.45% return, which is significantly lower than CTAP's 21.95% return.

BAMA

• 1D: 0.18%
• 1M: 4.38%
• YTD: 9.45%
• 6M: 10.10%
• 1Y: 21.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTAP

• 1D: -0.32%
• 1M: -3.24%
• YTD: 21.95%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BAMA vs. CTAP - Yearly Performance Comparison

	2026 (YTD)	2025
BAMA Brookstone Active ETF	9.45%	0.51%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	21.95%	2.44%

Correlation

The correlation between BAMA and CTAP is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 10, 2025	0.17

BAMA vs. CTAP - Sectors Allocation Comparison

Sectors	BAMA	CTAP
Technology	36.8%	-
Financial Services	13.7%	49.3%
Communication Services	11.3%	-
Consumer Cyclical	9.5%	-
Industrials	9.5%	-
Healthcare	6.9%	-
Consumer Defensive	3.5%	-
Basic Materials	2.9%	-
Energy	2.5%	-
Utilities	1.9%	-
Real Estate	1.6%	-

Return for Risk

BAMA vs. CTAP — Risk / Return Rank

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

BAMA

BAMA Risk / Return Rank: 70
BAMA Sharpe Ratio Rank: 71
BAMA Sortino Ratio Rank: 75
BAMA Omega Ratio Rank: 74
BAMA Calmar Ratio Rank: 60
BAMA Martin Ratio Rank: 72

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.

BAMA vs. CTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookstone Active ETF (BAMA) 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.

	BAMA	CTAP	Difference
Sharpe ratio Return per unit of total volatility	2.39	—	—
Sortino ratio Return per unit of downside risk	3.45	—	—
Omega ratio Gain probability vs. loss probability	1.45	—	—
Calmar ratio Return relative to maximum drawdown	3.00	—	—
Martin ratio Return relative to average drawdown	13.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BAMA	CTAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.70	2.50	-0.80

Drawdowns

BAMA vs. CTAP - Drawdown Comparison

The maximum BAMA drawdown since its inception was -12.27%, which is greater than CTAP's maximum drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for BAMA and CTAP.

Drawdown Indicators

	BAMA	CTAP	Difference
Max Drawdown Largest peak-to-trough decline	-12.27%	-9.02%	-3.25%
Max Drawdown (1Y) Largest decline over 1 year	-7.35%	—	—
Current Drawdown Current decline from peak	0.00%	-4.47%	+4.47%
Average Drawdown Average peak-to-trough decline	-1.26%	-2.18%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	—	—

Volatility

Volatility by Period

	BAMA	CTAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.14%	23.94%	-14.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.22%	23.94%	-13.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.22%	23.94%	-13.72%

BAMA vs. CTAP - Expense Ratio Comparison

BAMA has a 1.15% expense ratio, which is higher than CTAP's 0.10% expense ratio.

Dividends

BAMA vs. CTAP - Dividend Comparison

BAMA's dividend yield for the trailing twelve months is around 1.30%, more than CTAP's 0.65% yield.

Position	TTM	2025	2024	2023
BAMA Brookstone Active ETF	1.30%	1.54%	1.49%	0.45%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	0.65%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BAMA and CTAP in my portfolio?

BAMA and CTAP have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BAMA 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, BAMA or CTAP?

CTAP is cheaper with a 0.10% expense ratio, compared with 1.15% for BAMA.

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

BAMA has the higher dividend yield at 1.30%, compared with 0.65% for CTAP.

What is the main difference between BAMA and CTAP?

They also come from different issuers: Brookstone and Simplify. Their fees differ too: 1.15% for BAMA and 0.10% for CTAP.