CTIF vs. CTEF

Last updated Jun 4, 2026

CTIF (Castellan Targeted Income ETF) and CTEF (Castellan Targeted Equity ETF) are both exchange-traded funds - CTIF is a Derivative Income fund managed by Castellan, while CTEF is a Mid Cap Blend Equities fund actively managed by Castellan. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.45% expense ratio.

Performance

CTIF vs. CTEF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Castellan Targeted Income ETF (CTIF) and Castellan Targeted Equity ETF (CTEF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTIF achieves a 5.33% return, which is significantly lower than CTEF's 29.35% return.

CTIF

• 1D: 0.03%
• 1M: 2.46%
• YTD: 5.33%
• 6M: 4.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTEF

• 1D: -0.41%
• 1M: 10.65%
• YTD: 29.35%
• 6M: 31.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CTIF vs. CTEF - Yearly Performance Comparison

	2026 (YTD)	2025
CTIF Castellan Targeted Income ETF	5.33%	4.75%
CTEF Castellan Targeted Equity ETF	29.35%	30.08%

Correlation

The correlation between CTIF and CTEF is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.69

Return for Risk

CTIF vs. CTEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Castellan Targeted Income ETF (CTIF) and Castellan Targeted Equity ETF (CTEF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CTIF	CTEF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	3.54	-2.65

Drawdowns

CTIF vs. CTEF - Drawdown Comparison

The maximum CTIF drawdown since its inception was -9.43%, smaller than the maximum CTEF drawdown of -15.00%. Use the drawdown chart below to compare losses from any high point for CTIF and CTEF.

Drawdown Indicators

	CTIF	CTEF	Difference
Max Drawdown Largest peak-to-trough decline	-9.43%	-15.00%	+5.57%
Current Drawdown Current decline from peak	0.00%	-0.41%	+0.41%
Average Drawdown Average peak-to-trough decline	-1.89%	-1.80%	-0.09%

Volatility

Volatility by Period

	CTIF	CTEF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.39%	21.81%	-9.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.39%	21.81%	-9.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.39%	21.81%	-9.42%

CTIF vs. CTEF - Expense Ratio Comparison

Both CTIF and CTEF have an expense ratio of 0.45%.

Dividends

CTIF vs. CTEF - Dividend Comparison

CTIF's dividend yield for the trailing twelve months is around 3.65%, more than CTEF's 0.06% yield.

Position	TTM	2025
CTEF Castellan Targeted Equity ETF	0.06%	0.08%
CTIF Castellan Targeted Income ETF	3.65%	2.55%

Frequently Asked Questions

Can I hold both CTIF and CTEF in my portfolio?

CTIF and CTEF have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CTIF or CTEF?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CTIF or CTEF?

CTIF and CTEF have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, CTIF or CTEF?

CTIF has the higher dividend yield at 3.65%, compared with 0.06% for CTEF.

What is the main difference between CTIF and CTEF?

CTIF is categorized as Derivative Income, while CTEF is Mid Cap Blend Equities.