CTA vs. AVDV

Last updated Jun 9, 2026

CTA (Simplify Managed Futures Strategy ETF) and AVDV (Avantis International Small Cap Value ETF) are both exchange-traded funds - CTA is a Systematic Trend fund actively managed by Simplify, while AVDV is a Foreign Small & Mid Cap Equities fund actively managed by Avantis. Both are actively managed. Over the past 3 years, CTA returned 10.94%/yr vs 26.61%/yr for AVDV. At a correlation of -0.15, they often move in opposite directions. CTA charges 0.78%/yr vs 0.36%/yr for AVDV.

Performance

CTA vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Managed Futures Strategy ETF (CTA) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTA achieves a 9.63% return, which is significantly lower than AVDV's 13.22% return.

CTA

• 1D: 0.52%
• 1M: -4.51%
• YTD: 9.63%
• 6M: 12.55%
• 1Y: 10.03%
• 3Y*: 10.94%
• 5Y*: —
• 10Y*: —

AVDV

• 1D: 0.26%
• 1M: -2.93%
• YTD: 13.22%
• 6M: 16.29%
• 1Y: 40.16%
• 3Y*: 26.61%
• 5Y*: 13.33%
• 10Y*: —

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

CTA vs. AVDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CTA Simplify Managed Futures Strategy ETF	9.63%	0.88%	24.15%	-2.23%	9.55%
AVDV Avantis International Small Cap Value ETF	13.22%	49.37%	8.67%	16.85%	-1.62%

Correlation

The correlation between CTA and AVDV is -0.00, 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	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Mar 9, 2022	-0.15

The correlation between CTA and AVDV shifts across timeframes, from -0.15 (all time) to -0.00 (1 year), reflecting how their relationship changes across market environments.

CTA vs. AVDV - Sectors Allocation Comparison

Sectors	CTA	AVDV
Basic Materials	-	22.5%
Communication Services	-	2.0%
Consumer Cyclical	-	14.4%
Consumer Defensive	-	3.4%
Energy	-	10.8%
Healthcare	-	2.1%
Industrials	-	21.3%
Real Estate	-	1.1%
Technology	-	6.4%
Utilities	-	1.7%
Financial Services	-49.1%	13.7%

Return for Risk

CTA vs. AVDV — Risk / Return Rank

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

CTA

CTA Risk / Return Rank: 19
CTA Sharpe Ratio Rank: 18
CTA Sortino Ratio Rank: 17
CTA Omega Ratio Rank: 18
CTA Calmar Ratio Rank: 22
CTA Martin Ratio Rank: 21

AVDV

AVDV Risk / Return Rank: 79
AVDV Sharpe Ratio Rank: 86
AVDV Sortino Ratio Rank: 83
AVDV Omega Ratio Rank: 84
AVDV Calmar Ratio Rank: 67
AVDV Martin Ratio Rank: 73

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.

CTA vs. AVDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Managed Futures Strategy ETF (CTA) and Avantis International Small Cap Value ETF (AVDV). 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.

	CTA	AVDV	Difference
Sharpe ratio: Return per unit of total volatility	0.50	2.54	-2.04
Sortino ratio: Return per unit of downside risk	0.78	3.35	-2.57
Omega ratio: Gain probability vs. loss probability	1.10	1.46	-0.36
Calmar ratio: Return relative to maximum drawdown	0.92	3.06	-2.14
Martin ratio: Return relative to average drawdown	2.32	12.34	-10.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CTA vs. AVDV - Sharpe Ratio Comparison

The current CTA Sharpe Ratio is 0.50, which is lower than the AVDV Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of CTA and AVDV, 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

	CTA	AVDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	2.54	-2.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.78	-0.20

Drawdowns

CTA vs. AVDV - Drawdown Comparison

The maximum CTA drawdown since its inception was -18.07%, smaller than the maximum AVDV drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for CTA and AVDV.

Drawdown Indicators

	CTA	AVDV	Difference
Max Drawdown Largest peak-to-trough decline	-18.07%	-43.01%	+24.94%
Max Drawdown (1Y) Largest decline over 1 year	-11.00%	-13.19%	+2.19%
Max Drawdown (3Y) Largest decline over 3 years	-11.23%	-14.17%	+2.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.08%	—
Current Drawdown Current decline from peak	-10.05%	-3.74%	-6.31%
Average Drawdown Average peak-to-trough decline	-5.69%	-6.77%	+1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.33%	3.26%	+1.07%

Volatility

CTA vs. AVDV - Volatility Comparison

Simplify Managed Futures Strategy ETF (CTA) has a higher volatility of 6.73% compared to Avantis International Small Cap Value ETF (AVDV) at 5.49%. This indicates that CTA's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CTA	AVDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.73%	5.49%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	17.43%	13.49%	+3.94%
Volatility (1Y) Calculated over the trailing 1-year period	20.21%	15.92%	+4.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	17.35%	-0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	19.75%	-3.16%

CTA vs. AVDV - Expense Ratio Comparison

CTA has a 0.78% expense ratio, which is higher than AVDV's 0.36% expense ratio.

Dividends

CTA vs. AVDV - Dividend Comparison

CTA's dividend yield for the trailing twelve months is around 4.97%, more than AVDV's 2.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDV Avantis International Small Cap Value ETF	2.81%	3.05%	4.31%	3.29%	3.17%	2.39%	1.67%	0.36%
CTA Simplify Managed Futures Strategy ETF	4.97%	3.19%	4.80%	7.78%	6.58%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CTA and AVDV in my portfolio?

CTA and AVDV have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CTA or AVDV?

CTA has higher volatility (6.73%) compared to AVDV (5.49%). In terms of maximum drawdown, CTA dropped -18.07% vs AVDV's -43.01%.

Which ETF is better, CTA or AVDV?

On 3-year performance, AVDV leads with 26.61% vs 10.94% for CTA. On fees, AVDV is cheaper at 0.36% per year. On volatility, AVDV has been the lower-risk option at 5.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CTA or AVDV?

Over the 3-year period, AVDV has performed better with a 26.61% return vs 10.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CTA or AVDV?

AVDV is cheaper with a 0.36% expense ratio, compared with 0.78% for CTA.

Which ETF pays a higher dividend yield, CTA or AVDV?

CTA has the higher dividend yield at 4.97%, compared with 2.81% for AVDV.

What is the main difference between CTA and AVDV?

CTA is categorized as Systematic Trend, while AVDV is Foreign Small & Mid Cap Equities. They also come from different issuers: Simplify and Avantis. Their fees differ too: 0.78% for CTA and 0.36% for AVDV.

Which has better risk-adjusted returns?

AVDV currently has the higher Sharpe Ratio (2.54 vs 0.50), 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.