CTA vs. NVDA
Compare and contrast key facts about Simplify Managed Futures Strategy ETF (CTA) and NVIDIA Corporation (NVDA).
CTA is an actively managed fund by Simplify. It was launched on Mar 7, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTA or NVDA.
Key characteristics
| CTA | NVDA | |
|---|---|---|
| YTD Return | 14.45% | 198.17% |
| 1Y Return | 6.78% | 214.54% |
| Sharpe Ratio | 0.58 | 4.20 |
| Sortino Ratio | 0.90 | 4.08 |
| Omega Ratio | 1.11 | 1.53 |
| Calmar Ratio | 0.71 | 8.03 |
| Martin Ratio | 1.67 | 25.31 |
| Ulcer Index | 4.74% | 8.58% |
| Daily Std Dev | 13.71% | 51.73% |
| Max Drawdown | -18.07% | -89.73% |
| Current Drawdown | -4.90% | -0.84% |
Correlation
The correlation between CTA and NVDA is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CTA vs. NVDA - Performance Comparison
In the year-to-date period, CTA achieves a 14.45% return, which is significantly lower than NVDA's 198.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CTA vs. NVDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Managed Futures Strategy ETF (CTA) and NVIDIA Corporation (NVDA). 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. NVDA - Dividend Comparison
CTA's dividend yield for the trailing twelve months is around 8.47%, more than NVDA's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 8.47% | 7.78% | 6.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% | 1.94% |
Drawdowns
CTA vs. NVDA - Drawdown Comparison
The maximum CTA drawdown since its inception was -18.07%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for CTA and NVDA. For additional features, visit the drawdowns tool.
Volatility
CTA vs. NVDA - Volatility Comparison
The current volatility for Simplify Managed Futures Strategy ETF (CTA) is 3.94%, while NVIDIA Corporation (NVDA) has a volatility of 11.26%. This indicates that CTA experiences smaller price fluctuations and is considered to be less risky than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.