MYCL vs. CTA

Last updated Jul 14, 2026

MYCL (State Street My2032 Corporate Bond ETF) and CTA (Simplify Managed Futures Strategy ETF) are both exchange-traded funds - MYCL is a Corporate Bonds fund actively managed by State Street, while CTA is a Systematic Trend fund actively managed by Simplify. Both are actively managed. Over the past year, MYCL returned 4.34% vs -0.10% for CTA. At a correlation of -0.21, they often move in opposite directions. MYCL charges 0.15%/yr vs 0.78%/yr for CTA.

Performance

MYCL vs. CTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2032 Corporate Bond ETF (MYCL) 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, MYCL achieves a -0.14% return, which is significantly lower than CTA's 0.33% return.

MYCL

• 1D: -0.39%
• 1M: -0.61%
• 6M: -0.20%
• YTD: -0.14%
• 1Y: 4.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTA

• 1D: 2.70%
• 1M: -5.44%
• 6M: -2.22%
• YTD: 0.33%
• 1Y: -0.10%
• 3Y*: 8.19%
• 5Y*: —
• 10Y*: —

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

MYCL vs. CTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYCL State Street My2032 Corporate Bond ETF	-0.14%	9.03%	-2.95%
CTA Simplify Managed Futures Strategy ETF	0.33%	0.88%	11.02%

Correlation

The correlation between MYCL and CTA is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.32
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	-0.21

The correlation between MYCL and CTA shifts across timeframes, from -0.32 (1 year) to -0.21 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MYCL vs. CTA — Risk / Return Rank

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

MYCL

MYCL Risk / Return Rank: 38
MYCL Sharpe Ratio Rank: 39
MYCL Sortino Ratio Rank: 39
MYCL Omega Ratio Rank: 36
MYCL Calmar Ratio Rank: 38
MYCL Martin Ratio Rank: 37

CTA

CTA Risk / Return Rank: 9
CTA Sharpe Ratio Rank: 9
CTA Sortino Ratio Rank: 9
CTA Omega Ratio Rank: 9
CTA Calmar Ratio Rank: 9
CTA Martin Ratio Rank: 9

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.

MYCL vs. CTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2032 Corporate Bond ETF (MYCL) 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.

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.

	MYCL	CTA	Difference
Sharpe ratio: Return per unit of total volatility	1.14	-0.00	+1.15
Sortino ratio: Return per unit of downside risk	1.67	0.13	+1.54
Omega ratio: Gain probability vs. loss probability	1.20	1.02	+0.18
Calmar ratio: Return relative to maximum drawdown	1.57	-0.00	+1.58
Martin ratio: Return relative to average drawdown	4.61	-0.01	+4.62

MYCL vs. CTA - Sharpe Ratio Comparison

The current MYCL Sharpe Ratio is 1.14, which is higher than the CTA Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of MYCL 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.

Drawdowns

MYCL vs. CTA - Drawdown Comparison

The maximum MYCL drawdown since its inception was -4.39%, smaller than the maximum CTA drawdown of -20.44%. Use the drawdown chart below to compare losses from any high point for MYCL and CTA.

Drawdown Indicators

	MYCL	CTA	Difference
Max Drawdown Largest peak-to-trough decline	-4.39%	-20.44%	+16.05%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	-20.44%	+17.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.44%	—
Current Drawdown Current decline from peak	-1.83%	-17.68%	+15.85%
Average Drawdown Average peak-to-trough decline	-1.07%	-5.93%	+4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	6.76%	-5.82%

Volatility

MYCL vs. CTA - Volatility Comparison

The current volatility for State Street My2032 Corporate Bond ETF (MYCL) is 1.22%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 5.15%. This indicates that MYCL 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

	MYCL	CTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	5.15%	-3.93%
Volatility (6M) Calculated over the trailing 6-month period	3.01%	17.93%	-14.92%
Volatility (1Y) Calculated over the trailing 1-year period	3.81%	20.61%	-16.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.84%	16.63%	-11.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.84%	16.63%	-11.79%

MYCL vs. CTA - Expense Ratio Comparison

MYCL has a 0.15% expense ratio, which is lower than CTA's 0.78% expense ratio.

Dividends

MYCL vs. CTA - Dividend Comparison

MYCL's dividend yield for the trailing twelve months is around 4.69%, less than CTA's 5.00% yield.

Position	TTM	2025	2024	2023	2022
CTA Simplify Managed Futures Strategy ETF	5.00%	3.19%	4.80%	7.78%	6.58%
MYCL State Street My2032 Corporate Bond ETF	4.69%	4.60%	1.27%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYCL and CTA in my portfolio?

MYCL and CTA have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYCL or CTA?

CTA has higher volatility (5.15%) compared to MYCL (1.22%). In terms of maximum drawdown, MYCL dropped -4.39% vs CTA's -20.44%.

Which ETF is better, MYCL or CTA?

On 1-year performance, MYCL leads with 4.34% vs -0.10% for CTA. On fees, MYCL is cheaper at 0.15% per year. On volatility, MYCL has been the lower-risk option at 1.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYCL or CTA?

Over the 1-year period, MYCL has performed better with a 4.34% return vs -0.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYCL or CTA?

MYCL is cheaper with a 0.15% expense ratio, compared with 0.78% for CTA.

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

CTA has the higher dividend yield at 5.00%, compared with 4.69% for MYCL.

What is the main difference between MYCL and CTA?

MYCL is categorized as Corporate Bonds, while CTA is Systematic Trend. They also come from different issuers: State Street and Simplify. Their fees differ too: 0.15% for MYCL and 0.78% for CTA.

Which has better risk-adjusted returns?

MYCL currently has the higher Sharpe Ratio (1.14 vs -0.00), 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.