RDFI vs. CTA

Last updated Apr 1, 2026

Compare and contrast key facts about Rareview Dynamic Fixed Income ETF (RDFI) and Simplify Managed Futures Strategy ETF (CTA).

RDFI and CTA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RDFI is an actively managed fund by Rareview Funds. It was launched on Oct 20, 2020. CTA is an actively managed fund by Simplify. It was launched on Mar 7, 2022.

Performance

RDFI vs. CTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rareview Dynamic Fixed Income ETF (RDFI) and Simplify Managed Futures Strategy ETF (CTA). The values are adjusted to include any dividend payments, if applicable.

RDFI vs. CTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
RDFI Rareview Dynamic Fixed Income ETF	-1.63%	9.83%	13.15%	8.57%	-10.10%
CTA Simplify Managed Futures Strategy ETF	12.39%	0.88%	24.15%	-2.23%	9.55%

Returns By Period

In the year-to-date period, RDFI achieves a -1.63% return, which is significantly lower than CTA's 12.39% return.

RDFI

• 1D: 2.16%
• 1M: -5.41%
• YTD: -1.63%
• 6M: -1.18%
• 1Y: 5.64%
• 3Y*: 9.09%
• 5Y*: 2.89%
• 10Y*: —

CTA

• 1D: -1.31%
• 1M: 0.45%
• YTD: 12.39%
• 6M: 10.76%
• 1Y: 6.40%
• 3Y*: 15.19%
• 5Y*: —
• 10Y*: —

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

RDFI vs. CTA - Expense Ratio Comparison

RDFI has a 3.69% expense ratio, which is higher than CTA's 0.78% expense ratio.

RDFI

Rareview Dynamic Fixed Income ETF

CTA

Simplify Managed Futures Strategy ETF

Return for Risk

RDFI vs. CTA — Risk / Return Rank

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

RDFI

RDFI Risk / Return Rank: 34
RDFI Sharpe Ratio Rank: 36
RDFI Sortino Ratio Rank: 32
RDFI Omega Ratio Rank: 38
RDFI Calmar Ratio Rank: 30
RDFI Martin Ratio Rank: 33

CTA

CTA Risk / Return Rank: 25
CTA Sharpe Ratio Rank: 25
CTA Sortino Ratio Rank: 24
CTA Omega Ratio Rank: 23
CTA Calmar Ratio Rank: 29
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.

RDFI vs. CTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) 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.

	RDFI	CTA	Difference
Sharpe ratio Return per unit of total volatility	0.67	0.40	+0.27
Sortino ratio Return per unit of downside risk	0.92	0.63	+0.29
Omega ratio Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio Return relative to maximum drawdown	0.74	0.66	+0.08
Martin ratio Return relative to average drawdown	3.00	1.14	+1.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDFI vs. CTA - Sharpe Ratio Comparison

The current RDFI Sharpe Ratio is 0.67, which is higher than the CTA Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of RDFI and CTA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RDFI	CTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.67	0.40	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.69	+0.02

Correlation

The correlation between RDFI and CTA is -0.25. 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.

Dividends

RDFI vs. CTA - Dividend Comparison

RDFI's dividend yield for the trailing twelve months is around 8.39%, more than CTA's 3.81% yield.

	TTM	2025	2024	2023	2022	2021	2020
RDFI Rareview Dynamic Fixed Income ETF	8.39%	8.17%	8.14%	7.38%	4.70%	6.78%	1.01%
CTA Simplify Managed Futures Strategy ETF	3.81%	3.19%	4.80%	7.78%	6.58%	0.00%	0.00%

Drawdowns

RDFI vs. CTA - Drawdown Comparison

The maximum RDFI drawdown since its inception was -23.71%, which is greater than CTA's maximum drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for RDFI and CTA.

Drawdown Indicators

	RDFI	CTA	Difference
Max Drawdown Largest peak-to-trough decline	-23.71%	-18.07%	-5.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.01%	-10.68%	+2.67%
Max Drawdown (5Y) Largest decline over 5 years	-23.71%	—	—
Current Drawdown Current decline from peak	-6.02%	-1.47%	-4.55%
Average Drawdown Average peak-to-trough decline	-7.34%	-5.74%	-1.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	6.16%	-4.20%

Volatility

RDFI vs. CTA - Volatility Comparison

The current volatility for Rareview Dynamic Fixed Income ETF (RDFI) is 4.47%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 8.10%. This indicates that RDFI 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

	RDFI	CTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	8.10%	-3.63%
Volatility (6M) Calculated over the trailing 6-month period	5.70%	12.72%	-7.02%
Volatility (1Y) Calculated over the trailing 1-year period	8.40%	16.05%	-7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.06%	15.58%	-7.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.96%	15.58%	-7.62%