HIDE vs. CTAP
HIDE (Alpha Architect High Inflation And Deflation ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. HIDE charges 0.29%/yr vs 0.10%/yr for CTAP.
Performance
HIDE vs. CTAP - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with HIDE having a 5.36% return and CTAP slightly lower at 5.23%.
HIDE
- 1D
- 0.14%
- 1M
- -2.13%
- YTD
- 5.36%
- 6M
- 5.18%
- 1Y
- 8.58%
- 3Y*
- 3.89%
- 5Y*
- —
- 10Y*
- —
CTAP
- 1D
- -2.94%
- 1M
- -14.89%
- YTD
- 5.23%
- 6M
- 3.79%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HIDE vs. CTAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HIDE Alpha Architect High Inflation And Deflation ETF | 5.36% | 0.20% |
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 5.23% | 2.22% |
Correlation
The correlation between HIDE and CTAP is 0.51, 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 Dec 9, 2025 | 0.51 |
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Return for Risk
HIDE vs. CTAP — Risk / Return Rank
HIDE
CTAP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HIDE vs. CTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alpha Architect High Inflation And Deflation ETF (HIDE) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). 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.
| HIDE | CTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.37 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | — | — |
| Martin ratioReturn relative to average drawdown | 10.88 | — | — |
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Drawdowns
HIDE vs. CTAP - Drawdown Comparison
The maximum HIDE drawdown since its inception was -5.15%, smaller than the maximum CTAP drawdown of -17.57%. Use the drawdown chart below to compare losses from any high point for HIDE and CTAP.
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Drawdown Indicators
| HIDE | CTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.15% | -17.57% | +12.42% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -5.15% | — | — |
Current DrawdownCurrent decline from peak | -3.04% | -17.57% | +14.53% |
Average DrawdownAverage peak-to-trough decline | -0.96% | -3.10% | +2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | — | — |
Volatility
HIDE vs. CTAP - Volatility Comparison
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Volatility by Period
| HIDE | CTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.08% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.62% | 24.63% | -20.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.29% | 24.63% | -20.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.29% | 24.63% | -20.34% |
HIDE vs. CTAP - Expense Ratio Comparison
HIDE has a 0.29% expense ratio, which is higher than CTAP's 0.10% expense ratio.
Dividends
HIDE vs. CTAP - Dividend Comparison
HIDE's dividend yield for the trailing twelve months is around 3.00%, more than CTAP's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% |
HIDE Alpha Architect High Inflation And Deflation ETF | 3.00% | 3.16% | 2.86% | 3.90% | 6.25% |
Frequently Asked Questions
HIDE and CTAP have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CTAP is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CTAP is cheaper with a 0.10% expense ratio, compared with 0.29% for HIDE.
HIDE has the higher dividend yield at 3.00%, compared with 0.75% for CTAP.
They also come from different issuers: Alpha Architect and Simplify. Their fees differ too: 0.29% for HIDE and 0.10% for CTAP.
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