BGR vs. CTA
BGR (BlackRock Energy and Resources Trust) is a stock, while CTA (Simplify Managed Futures Strategy ETF) is Systematic Trend fund actively managed by Simplify. Over the past 3 years, BGR returned 18.73%/yr vs 8.19%/yr for CTA. At a 0.05 correlation, their price movements are largely independent.
Performance
BGR vs. CTA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BGR achieves a 22.51% return, which is significantly higher than CTA's 0.33% return.
BGR
- 1D
- 2.96%
- 1M
- 1.77%
- 6M
- 19.94%
- YTD
- 22.51%
- 1Y
- 27.18%
- 3Y*
- 18.73%
- 5Y*
- 18.88%
- 10Y*
- 8.39%
CTA
- 1D
- 2.70%
- 1M
- -5.44%
- 6M
- -2.22%
- YTD
- 0.33%
- 1Y
- -0.10%
- 3Y*
- 8.19%
- 5Y*
- —
- 10Y*
- —
BGR vs. CTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 22.51% | 17.34% | 8.07% | 5.73% | 16.25% |
CTA Simplify Managed Futures Strategy ETF | 0.33% | 0.88% | 24.15% | -2.23% | 9.01% |
Correlation
The correlation between BGR and CTA is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2022 | 0.05 |
Over the past year, BGR and CTA have become more correlated (0.42) than their long-term average of 0.05, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BGR vs. CTA — Risk / Return Rank
BGR
CTA
BGR vs. CTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Energy and Resources Trust (BGR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGR | CTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.02 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | -0.00 | +1.89 |
| Martin ratioReturn relative to average drawdown | 5.73 | -0.01 | +5.74 |
Loading charts...
Drawdowns
BGR vs. CTA - Drawdown Comparison
The maximum BGR drawdown since its inception was -72.74%, which is greater than CTA's maximum drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for BGR and CTA.
Loading charts...
Drawdown Indicators
| BGR | CTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.74% | -20.44% | -52.30% |
Max Drawdown (1Y)Largest decline over 1 year | -14.50% | -20.44% | +5.94% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -20.44% | +2.19% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | — | — |
Current DrawdownCurrent decline from peak | -6.42% | -17.68% | +11.26% |
Average DrawdownAverage peak-to-trough decline | -20.20% | -5.93% | -14.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.78% | 6.76% | -1.98% |
Volatility
BGR vs. CTA - Volatility Comparison
BlackRock Energy and Resources Trust (BGR) has a higher volatility of 7.24% compared to Simplify Managed Futures Strategy ETF (CTA) at 5.15%. This indicates that BGR's price experiences larger fluctuations and is considered to be riskier than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BGR | CTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 5.15% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 17.93% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.38% | 20.61% | -0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.80% | 16.63% | +6.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.85% | 16.63% | +10.22% |
Dividends
BGR vs. CTA - Dividend Comparison
BGR's dividend yield for the trailing twelve months is around 7.31%, more than CTA's 5.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 7.31% | 8.62% | 6.66% | 6.22% | 4.62% | 4.75% | 9.26% | 7.84% | 8.91% | 6.57% | 6.90% | 11.93% |
CTA Simplify Managed Futures Strategy ETF | 5.00% | 3.19% | 4.80% | 7.78% | 6.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BGR and CTA have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGR has higher volatility (7.24%) compared to CTA (5.15%). In terms of maximum drawdown, BGR dropped -72.74% vs CTA's -20.44%.
BGR currently has the higher Sharpe Ratio (1.34 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BGR and CTA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer