HFMF vs. CTA
HFMF (Unlimited HFMF Managed Futures ETF) and CTA (Simplify Managed Futures Strategy ETF) are both Systematic Trend funds. Both are actively managed. At a 0.46 correlation, their price movements are largely independent. HFMF charges 0.97%/yr vs 0.78%/yr for CTA.
Performance
HFMF vs. CTA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HFMF achieves a 1.95% return, which is significantly higher than CTA's -1.56% return.
HFMF
- 1D
- -0.98%
- 1M
- -7.86%
- YTD
- 1.95%
- 6M
- -0.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CTA
- 1D
- -1.80%
- 1M
- -14.21%
- YTD
- -1.56%
- 6M
- -1.59%
- 1Y
- 2.51%
- 3Y*
- 7.26%
- 5Y*
- —
- 10Y*
- —
HFMF vs. CTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HFMF Unlimited HFMF Managed Futures ETF | 1.95% | 6.34% |
CTA Simplify Managed Futures Strategy ETF | -1.56% | 0.84% |
Correlation
The correlation between HFMF and CTA is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.46 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HFMF vs. CTA — Risk / Return Rank
HFMF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CTA
HFMF vs. CTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unlimited HFMF Managed Futures ETF (HFMF) and Simplify Managed Futures Strategy ETF (CTA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HFMF | CTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.04 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.13 | — |
| Martin ratioReturn relative to average drawdown | — | 0.48 | — |
Loading charts...
Drawdowns
HFMF vs. CTA - Drawdown Comparison
The maximum HFMF drawdown since its inception was -14.69%, smaller than the maximum CTA drawdown of -19.23%. Use the drawdown chart below to compare losses from any high point for HFMF and CTA.
Loading charts...
Drawdown Indicators
| HFMF | CTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.69% | -19.23% | +4.54% |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.23% | — |
Current DrawdownCurrent decline from peak | -14.69% | -19.23% | +4.54% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -5.78% | +2.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.27% | — |
Volatility
HFMF vs. CTA - Volatility Comparison
Loading charts...
Volatility by Period
| HFMF | CTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.42% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.86% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.39% | 20.45% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 16.63% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.39% | 16.63% | -0.24% |
HFMF vs. CTA - Expense Ratio Comparison
HFMF has a 0.97% expense ratio, which is higher than CTA's 0.78% expense ratio.
Dividends
HFMF vs. CTA - Dividend Comparison
HFMF's dividend yield for the trailing twelve months is around 2.91%, less than CTA's 5.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CTA Simplify Managed Futures Strategy ETF | 5.53% | 3.19% | 4.80% | 7.78% | 6.58% |
HFMF Unlimited HFMF Managed Futures ETF | 2.91% | 2.97% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HFMF and CTA have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CTA is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CTA is cheaper with a 0.78% expense ratio, compared with 0.97% for HFMF.
CTA has the higher dividend yield at 5.53%, compared with 2.91% for HFMF.
They also come from different issuers: Unlimited and Simplify. Their fees differ too: 0.97% for HFMF and 0.78% for CTA.
Find the right allocation for HFMF and CTA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer