CTA vs. HARD
Compare and contrast key facts about Simplify Managed Futures Strategy ETF (CTA) and Simplify Commodities Strategy No K-1 ETF (HARD).
CTA and HARD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CTA is an actively managed fund by Simplify. It was launched on Mar 7, 2022. HARD is an actively managed fund by Simplify. It was launched on Mar 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTA or HARD.
Correlation
The correlation between CTA and HARD is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CTA vs. HARD - Performance Comparison
Key characteristics
CTA:
1.97
HARD:
2.57
CTA:
3.01
HARD:
3.70
CTA:
1.35
HARD:
1.45
CTA:
3.01
HARD:
3.36
CTA:
6.07
HARD:
8.23
CTA:
4.14%
HARD:
4.81%
CTA:
12.76%
HARD:
15.45%
CTA:
-18.07%
HARD:
-11.78%
CTA:
-1.49%
HARD:
-1.95%
Returns By Period
In the year-to-date period, CTA achieves a 6.70% return, which is significantly lower than HARD's 14.78% return.
CTA
6.70%
2.83%
17.67%
23.42%
N/A
N/A
HARD
14.78%
7.34%
31.24%
38.75%
N/A
N/A
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CTA vs. HARD - Expense Ratio Comparison
CTA has a 0.78% expense ratio, which is higher than HARD's 0.75% expense ratio.
Risk-Adjusted Performance
CTA vs. HARD — Risk-Adjusted Performance Rank
CTA
HARD
CTA vs. HARD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Managed Futures Strategy ETF (CTA) and Simplify Commodities Strategy No K-1 ETF (HARD). 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.
Dividends
CTA vs. HARD - Dividend Comparison
CTA's dividend yield for the trailing twelve months is around 4.50%, more than HARD's 3.05% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 4.50% | 4.80% | 7.78% | 6.58% |
HARD Simplify Commodities Strategy No K-1 ETF | 3.05% | 3.50% | 1.95% | 0.00% |
Drawdowns
CTA vs. HARD - Drawdown Comparison
The maximum CTA drawdown since its inception was -18.07%, which is greater than HARD's maximum drawdown of -11.78%. Use the drawdown chart below to compare losses from any high point for CTA and HARD. For additional features, visit the drawdowns tool.
Volatility
CTA vs. HARD - Volatility Comparison
The current volatility for Simplify Managed Futures Strategy ETF (CTA) is 4.15%, while Simplify Commodities Strategy No K-1 ETF (HARD) has a volatility of 5.41%. This indicates that CTA experiences smaller price fluctuations and is considered to be less risky than HARD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.