MFUT vs. SDMF

Last updated Aug 1, 2026

MFUT (Cambria Chesapeake Pure Trend ETF) and SDMF (Simplify DBi CTA Managed Futures Index ETF) are both Systematic Trend funds. MFUT is actively managed, while SDMF is passively managed. Their 0.47 correlation means their historical movements had little consistent relationship. MFUT charges 1.18%/yr vs 0.35%/yr for SDMF.

Performance

MFUT vs. SDMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Chesapeake Pure Trend ETF (MFUT) and Simplify DBi CTA Managed Futures Index ETF (SDMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MFUT

• 1D: 0.31%
• 1M: 5.39%
• 6M: 9.31%
• YTD: 17.76%
• 1Y: 32.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -1.69%

SDMF

• 1D: 1.66%
• 1M: 3.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MFUT Cambria Chesapeake Pure Trend ETF	$88.88K	$72.41K	$209.22K
SDMF Simplify DBi CTA Managed Futures Index ETF	$589.61K	$841.42K	$693.99K

MFUT vs. SDMF - Yearly Performance Comparison

	2026 (YTD)
MFUT Cambria Chesapeake Pure Trend ETF	8.74%
SDMF Simplify DBi CTA Managed Futures Index ETF	3.49%

Correlation

The correlation between MFUT and SDMF is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.47

Return for Risk

MFUT vs. SDMF — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MFUT

MFUT Risk / Return Rank: 80
MFUT Sharpe Ratio Rank: 85
MFUT Sortino Ratio Rank: 77
MFUT Omega Ratio Rank: 86
MFUT Calmar Ratio Rank: 84
MFUT Martin Ratio Rank: 69

SDMF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MFUT vs. SDMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Chesapeake Pure Trend ETF (MFUT) 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.

	MFUT	SDMF	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.16	—	—
Martin ratio: Return relative to average drawdown	8.45	—	—

Drawdowns

MFUT vs. SDMF - Drawdown Comparison

The maximum MFUT drawdown since its inception was -29.28%, which is greater than SDMF's maximum drawdown of -6.23%. Use the drawdown chart below to compare losses from any high point for MFUT and SDMF.

Drawdown Indicators

	MFUT	SDMF	Difference
Max Drawdown Largest peak-to-trough decline	-29.28%	-6.23%	-23.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.89%	—	—
Current Drawdown Current decline from peak	-4.31%	-0.31%	-4.00%
Average Drawdown Average peak-to-trough decline	-15.78%	-2.01%	-13.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	—	—

Volatility

Volatility by Period

	MFUT	SDMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.72%	12.51%	+3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.68%	12.51%	+1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.68%	12.51%	+1.17%

MFUT vs. SDMF - Expense Ratio Comparison

MFUT has a 1.18% expense ratio, which is higher than SDMF's 0.35% expense ratio.

Dividends

MFUT vs. SDMF - Dividend Comparison

MFUT has not paid dividends to shareholders, while SDMF's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024
MFUT Cambria Chesapeake Pure Trend ETF	0.00%	0.00%	0.33%
SDMF Simplify DBi CTA Managed Futures Index ETF	0.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MFUT and SDMF in my portfolio?

MFUT and SDMF have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MFUT or SDMF?

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.

Which ETF is cheaper, MFUT or SDMF?

SDMF is cheaper with a 0.35% expense ratio, compared with 1.18% for MFUT.

Which ETF pays a higher dividend yield, MFUT or SDMF?

SDMF has the higher dividend yield at 0.38%, compared with 0.00% for MFUT.

What is the main difference between MFUT and SDMF?

They also come from different issuers: Cambria and Simplify. Their fees differ too: 1.18% for MFUT and 0.35% for SDMF.