ITDD vs. CTA
Compare and contrast key facts about Ishares Lifepath Target Date 2040 ETF (ITDD) and Simplify Managed Futures Strategy ETF (CTA).
ITDD and CTA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITDD is an actively managed fund by iShares. It was launched on Oct 17, 2023. CTA is an actively managed fund by Simplify. It was launched on Mar 7, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITDD or CTA.
Correlation
The correlation between ITDD and CTA is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
ITDD vs. CTA - Performance Comparison
Key characteristics
ITDD:
0.73
CTA:
0.71
ITDD:
1.11
CTA:
1.11
ITDD:
1.16
CTA:
1.13
ITDD:
0.80
CTA:
1.04
ITDD:
3.62
CTA:
1.98
ITDD:
2.75%
CTA:
4.52%
ITDD:
13.74%
CTA:
12.61%
ITDD:
-12.46%
CTA:
-18.07%
ITDD:
-4.53%
CTA:
-5.94%
Returns By Period
In the year-to-date period, ITDD achieves a -0.36% return, which is significantly lower than CTA's 1.88% return.
ITDD
-0.36%
-0.27%
-0.87%
9.69%
N/A
N/A
CTA
1.88%
-3.84%
10.56%
7.27%
N/A
N/A
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ITDD vs. CTA - Expense Ratio Comparison
ITDD has a 0.11% expense ratio, which is lower than CTA's 0.78% expense ratio.
Risk-Adjusted Performance
ITDD vs. CTA — Risk-Adjusted Performance Rank
ITDD
CTA
ITDD vs. CTA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2040 ETF (ITDD) 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.
Dividends
ITDD vs. CTA - Dividend Comparison
ITDD's dividend yield for the trailing twelve months is around 1.57%, less than CTA's 4.62% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ITDD Ishares Lifepath Target Date 2040 ETF | 1.57% | 1.56% | 0.89% | 0.00% |
CTA Simplify Managed Futures Strategy ETF | 4.62% | 4.80% | 7.78% | 6.58% |
Drawdowns
ITDD vs. CTA - Drawdown Comparison
The maximum ITDD drawdown since its inception was -12.46%, smaller than the maximum CTA drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for ITDD and CTA. For additional features, visit the drawdowns tool.
Volatility
ITDD vs. CTA - Volatility Comparison
Ishares Lifepath Target Date 2040 ETF (ITDD) has a higher volatility of 9.86% compared to Simplify Managed Futures Strategy ETF (CTA) at 4.60%. This indicates that ITDD's price experiences larger fluctuations and is considered to be riskier than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.