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CTA vs. QQQI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CTA and QQQI is -0.01. 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.


-0.50.00.51.0-0.0

Performance

CTA vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Managed Futures Strategy ETF (CTA) and NEOS Nasdaq 100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
21.99%
20.26%
CTA
QQQI

Key characteristics

Daily Std Dev

CTA:

12.75%

QQQI:

14.19%

Max Drawdown

CTA:

-18.07%

QQQI:

-10.67%

Current Drawdown

CTA:

-0.93%

QQQI:

-1.94%

Returns By Period


CTA

YTD

24.47%

1M

4.52%

6M

9.68%

1Y

23.52%

5Y*

N/A

10Y*

N/A

QQQI

YTD

N/A

1M

2.59%

6M

9.44%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CTA vs. QQQI - Expense Ratio Comparison

CTA has a 0.78% expense ratio, which is higher than QQQI's 0.68% expense ratio.


CTA
Simplify Managed Futures Strategy ETF
Expense ratio chart for CTA: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%
Expense ratio chart for QQQI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CTA, currently valued at 1.88, compared to the broader market0.002.004.001.88
The chart of Sortino ratio for CTA, currently valued at 2.91, compared to the broader market-2.000.002.004.006.008.0010.002.91
The chart of Omega ratio for CTA, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.33
The chart of Calmar ratio for CTA, currently valued at 2.15, compared to the broader market0.005.0010.0015.002.15
The chart of Martin ratio for CTA, currently valued at 5.80, compared to the broader market0.0020.0040.0060.0080.00100.005.80
CTA
QQQI


Chart placeholderNot enough data

Dividends

CTA vs. QQQI - Dividend Comparison

CTA's dividend yield for the trailing twelve months is around 7.79%, less than QQQI's 11.49% yield.


TTM20232022
CTA
Simplify Managed Futures Strategy ETF
7.79%7.78%6.58%
QQQI
NEOS Nasdaq 100 High Income ETF
11.49%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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.93%
-1.94%
CTA
QQQI

Volatility

CTA vs. QQQI - Volatility Comparison

Simplify Managed Futures Strategy ETF (CTA) has a higher volatility of 4.09% compared to NEOS Nasdaq 100 High Income ETF (QQQI) at 3.09%. This indicates that CTA's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.09%
3.09%
CTA
QQQI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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