IDMO vs. CTA

Last updated Jun 9, 2026

IDMO (Invesco S&P International Developed Momentum ETF) and CTA (Simplify Managed Futures Strategy ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while CTA is a Systematic Trend fund actively managed by Simplify. IDMO is passively managed, while CTA is actively managed. Over the past 3 years, IDMO returned 24.47%/yr vs 10.94%/yr for CTA. At a correlation of -0.15, they often move in opposite directions. IDMO charges 0.25%/yr vs 0.78%/yr for CTA.

Performance

IDMO vs. CTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P International Developed Momentum ETF (IDMO) and Simplify Managed Futures Strategy ETF (CTA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDMO achieves a 5.33% return, which is significantly lower than CTA's 9.63% return.

IDMO

• 1D: 0.67%
• 1M: -3.78%
• YTD: 5.33%
• 6M: 8.93%
• 1Y: 19.27%
• 3Y*: 24.47%
• 5Y*: 15.15%
• 10Y*: 12.02%

CTA

• 1D: 0.52%
• 1M: -4.51%
• YTD: 9.63%
• 6M: 12.55%
• 1Y: 10.03%
• 3Y*: 10.94%
• 5Y*: —
• 10Y*: —

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

IDMO vs. CTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDMO Invesco S&P International Developed Momentum ETF	5.33%	42.17%	12.79%	20.16%	6.43%
CTA Simplify Managed Futures Strategy ETF	9.63%	0.88%	24.15%	-2.23%	9.55%

Correlation

The correlation between IDMO and CTA is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Mar 9, 2022	-0.15

IDMO vs. CTA - Sectors Allocation Comparison

Sectors	IDMO	CTA
Financial Services	42.4%	-49.1%
Industrials	22.6%	-
Basic Materials	10.2%	-
Utilities	8.4%	-
Technology	5.3%	-
Consumer Defensive	2.5%	-
Communication Services	2.2%	-
Real Estate	2.0%	-
Energy	1.9%	-
Consumer Cyclical	1.4%	-
Healthcare	1.2%	-

Return for Risk

IDMO vs. CTA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IDMO

IDMO Risk / Return Rank: 36
IDMO Sharpe Ratio Rank: 34
IDMO Sortino Ratio Rank: 34
IDMO Omega Ratio Rank: 35
IDMO Calmar Ratio Rank: 35
IDMO Martin Ratio Rank: 43

CTA

CTA Risk / Return Rank: 19
CTA Sharpe Ratio Rank: 18
CTA Sortino Ratio Rank: 17
CTA Omega Ratio Rank: 18
CTA Calmar Ratio Rank: 22
CTA Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IDMO vs. CTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) 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.

	IDMO	CTA	Difference
Sharpe ratio: Return per unit of total volatility	1.12	0.50	+0.62
Sortino ratio: Return per unit of downside risk	1.67	0.78	+0.90
Omega ratio: Gain probability vs. loss probability	1.21	1.10	+0.11
Calmar ratio: Return relative to maximum drawdown	1.57	0.92	+0.66
Martin ratio: Return relative to average drawdown	6.49	2.32	+4.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDMO vs. CTA - Sharpe Ratio Comparison

The current IDMO Sharpe Ratio is 1.12, which is higher than the CTA Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of IDMO and CTA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDMO	CTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	0.50	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.58	-0.13

Drawdowns

IDMO vs. CTA - Drawdown Comparison

The maximum IDMO drawdown since its inception was -39.38%, which is greater than CTA's maximum drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for IDMO and CTA.

Drawdown Indicators

	IDMO	CTA	Difference
Max Drawdown Largest peak-to-trough decline	-39.38%	-18.07%	-21.31%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-11.00%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-12.65%	-11.23%	-1.42%
Max Drawdown (5Y) Largest decline over 5 years	-27.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.34%	—	—
Current Drawdown Current decline from peak	-4.49%	-10.05%	+5.56%
Average Drawdown Average peak-to-trough decline	-9.75%	-5.69%	-4.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	4.33%	-1.34%

Volatility

IDMO vs. CTA - Volatility Comparison

The current volatility for Invesco S&P International Developed Momentum ETF (IDMO) is 6.18%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 6.73%. This indicates that IDMO experiences smaller price fluctuations and is considered to be less risky than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDMO	CTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	6.73%	-0.55%
Volatility (6M) Calculated over the trailing 6-month period	15.28%	17.43%	-2.15%
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	20.21%	-2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	16.59%	+1.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.14%	16.59%	+1.55%

IDMO vs. CTA - Expense Ratio Comparison

IDMO has a 0.25% expense ratio, which is lower than CTA's 0.78% expense ratio.

Dividends

IDMO vs. CTA - Dividend Comparison

IDMO's dividend yield for the trailing twelve months is around 3.61%, less than CTA's 4.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTA Simplify Managed Futures Strategy ETF	4.97%	3.19%	4.80%	7.78%	6.58%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IDMO Invesco S&P International Developed Momentum ETF	3.61%	3.71%	2.24%	2.89%	3.66%	1.81%	1.63%	2.78%	3.27%	3.08%	2.18%	2.52%

Frequently Asked Questions

Can I hold both IDMO and CTA in my portfolio?

IDMO and CTA have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDMO or CTA?

CTA has higher volatility (6.73%) compared to IDMO (6.18%). In terms of maximum drawdown, IDMO dropped -39.38% vs CTA's -18.07%.

Which ETF is better, IDMO or CTA?

On 3-year performance, IDMO leads with 24.47% vs 10.94% for CTA. On fees, IDMO is cheaper at 0.25% per year. On volatility, IDMO has been the lower-risk option at 6.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDMO or CTA?

Over the 3-year period, IDMO has performed better with a 24.47% return vs 10.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDMO or CTA?

IDMO is cheaper with a 0.25% expense ratio, compared with 0.78% for CTA.

Which ETF pays a higher dividend yield, IDMO or CTA?

CTA has the higher dividend yield at 4.97%, compared with 3.61% for IDMO.

What is the main difference between IDMO and CTA?

IDMO is categorized as Momentum, while CTA is Systematic Trend. They also come from different issuers: Invesco and Simplify. Their fees differ too: 0.25% for IDMO and 0.78% for CTA.

Which has better risk-adjusted returns?

IDMO currently has the higher Sharpe Ratio (1.12 vs 0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.