HFMF vs. SDMF
HFMF (Unlimited HFMF Managed Futures ETF) and SDMF (Simplify DBi CTA Managed Futures Index ETF) are both Systematic Trend funds. HFMF is actively managed, while SDMF is passively managed. A 0.63 correlation means they provide meaningful diversification when combined. HFMF charges 0.97%/yr vs 0.35%/yr for SDMF.
Performance
HFMF vs. SDMF - Performance Comparison
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Returns By Period
HFMF
- 1D
- -0.83%
- 1M
- -0.26%
- 6M
- -1.87%
- YTD
- 4.38%
- 1Y
- 11.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDMF
- 1D
- -0.37%
- 1M
- 1.14%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HFMF vs. SDMF - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HFMF Unlimited HFMF Managed Futures ETF | -6.53% |
SDMF Simplify DBi CTA Managed Futures Index ETF | 1.98% |
Correlation
The correlation between HFMF and SDMF is 0.63, 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 Feb 19, 2026 | 0.63 |
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Return for Risk
HFMF vs. SDMF — Risk / Return Rank
HFMF
SDMF
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HFMF vs. SDMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unlimited HFMF Managed Futures ETF (HFMF) and Simplify DBi CTA Managed Futures Index ETF (SDMF). 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 | SDMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.14 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | — | — |
| Martin ratioReturn relative to average drawdown | 1.96 | — | — |
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Drawdowns
HFMF vs. SDMF - Drawdown Comparison
The maximum HFMF drawdown since its inception was -14.69%, which is greater than SDMF's maximum drawdown of -6.23%. Use the drawdown chart below to compare losses from any high point for HFMF and SDMF.
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Drawdown Indicators
| HFMF | SDMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.69% | -6.23% | -8.46% |
Max Drawdown (1Y)Largest decline over 1 year | -14.69% | — | — |
Current DrawdownCurrent decline from peak | -12.65% | -1.35% | -11.30% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -2.15% | -1.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.81% | — | — |
Volatility
HFMF vs. SDMF - Volatility Comparison
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Volatility by Period
| HFMF | SDMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.49% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 12.65% | +3.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.06% | 12.65% | +3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.06% | 12.65% | +3.41% |
HFMF vs. SDMF - Expense Ratio Comparison
HFMF has a 0.97% expense ratio, which is higher than SDMF's 0.35% expense ratio.
Dividends
HFMF vs. SDMF - Dividend Comparison
HFMF's dividend yield for the trailing twelve months is around 2.84%, more than SDMF's 0.39% yield.
| Position | TTM | 2025 |
|---|---|---|
HFMF Unlimited HFMF Managed Futures ETF | 2.84% | 2.97% |
SDMF Simplify DBi CTA Managed Futures Index ETF | 0.39% | 0.00% |
Frequently Asked Questions
HFMF and SDMF have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SDMF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SDMF is cheaper with a 0.35% expense ratio, compared with 0.97% for HFMF.
HFMF has the higher dividend yield at 2.84%, compared with 0.39% for SDMF.
They also come from different issuers: Unlimited and Simplify. Their fees differ too: 0.97% for HFMF and 0.35% for SDMF.
Find the right allocation for HFMF and SDMF
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