CTA vs. QQQI
Compare and contrast key facts about Simplify Managed Futures Strategy ETF (CTA) and NEOS Nasdaq 100 High Income ETF (QQQI).
CTA and QQQI 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. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CTA or QQQI.
Correlation
The correlation between CTA and QQQI is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CTA vs. QQQI - Performance Comparison
Key characteristics
CTA:
1.46
QQQI:
1.18
CTA:
2.29
QQQI:
1.61
CTA:
1.26
QQQI:
1.22
CTA:
2.25
QQQI:
1.59
CTA:
4.51
QQQI:
6.56
CTA:
4.16%
QQQI:
2.58%
CTA:
12.84%
QQQI:
14.40%
CTA:
-18.07%
QQQI:
-10.67%
CTA:
-4.90%
QQQI:
-4.56%
Returns By Period
In the year-to-date period, CTA achieves a 3.01% return, which is significantly higher than QQQI's 0.30% return.
CTA
3.01%
0.60%
14.52%
21.55%
N/A
N/A
QQQI
0.30%
-1.95%
8.52%
15.43%
N/A
N/A
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CTA vs. QQQI - Expense Ratio Comparison
CTA has a 0.78% expense ratio, which is higher than QQQI's 0.68% expense ratio.
Risk-Adjusted Performance
CTA vs. QQQI — Risk-Adjusted Performance Rank
CTA
QQQI
CTA vs. QQQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Managed Futures Strategy ETF (CTA) and NEOS Nasdaq 100 High Income ETF (QQQI). 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. QQQI - Dividend Comparison
CTA's dividend yield for the trailing twelve months is around 4.66%, less than QQQI's 14.37% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 4.66% | 4.80% | 7.78% | 6.58% |
QQQI NEOS Nasdaq 100 High Income ETF | 14.37% | 12.85% | 0.00% | 0.00% |
Drawdowns
CTA vs. QQQI - Drawdown Comparison
The maximum CTA drawdown since its inception was -18.07%, which is greater than QQQI's maximum drawdown of -10.67%. Use the drawdown chart below to compare losses from any high point for CTA and QQQI. For additional features, visit the drawdowns tool.
Volatility
CTA vs. QQQI - Volatility Comparison
The current volatility for Simplify Managed Futures Strategy ETF (CTA) is 4.04%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 4.27%. This indicates that CTA experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.