RISN vs. CTAP
RISN (Inspire Tactical Balanced ESG ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. RISN charges 0.82%/yr vs 0.10%/yr for CTAP.
Performance
RISN vs. CTAP - Performance Comparison
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Returns By Period
In the year-to-date period, RISN achieves a 4.92% return, which is significantly higher than CTAP's 4.10% return.
RISN
- 1D
- 0.14%
- 1M
- 0.38%
- YTD
- 4.92%
- 6M
- 3.41%
- 1Y
- 14.17%
- 3Y*
- 10.90%
- 5Y*
- 4.21%
- 10Y*
- —
CTAP
- 1D
- 0.50%
- 1M
- -14.15%
- YTD
- 4.10%
- 6M
- 2.69%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RISN vs. CTAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
RISN Inspire Tactical Balanced ESG ETF | 4.92% | -1.87% |
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 4.10% | 2.22% |
Correlation
The correlation between RISN and CTAP is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 9, 2025 | 0.16 |
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Return for Risk
RISN vs. CTAP — Risk / Return Rank
RISN
CTAP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RISN vs. CTAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Tactical Balanced ESG ETF (RISN) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). 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.
| RISN | CTAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | — | — |
| Martin ratioReturn relative to average drawdown | 6.33 | — | — |
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Drawdowns
RISN vs. CTAP - Drawdown Comparison
The maximum RISN drawdown since its inception was -21.88%, which is greater than CTAP's maximum drawdown of -18.86%. Use the drawdown chart below to compare losses from any high point for RISN and CTAP.
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Drawdown Indicators
| RISN | CTAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -18.86% | -3.02% |
Max Drawdown (1Y)Largest decline over 1 year | -7.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | — | — |
Current DrawdownCurrent decline from peak | -2.15% | -18.45% | +16.30% |
Average DrawdownAverage peak-to-trough decline | -7.46% | -3.33% | -4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | — | — |
Volatility
RISN vs. CTAP - Volatility Comparison
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Volatility by Period
| RISN | CTAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.83% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.18% | 24.56% | -12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.25% | 24.56% | -13.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.37% | 24.56% | -13.19% |
RISN vs. CTAP - Expense Ratio Comparison
RISN has a 0.82% expense ratio, which is higher than CTAP's 0.10% expense ratio.
Dividends
RISN vs. CTAP - Dividend Comparison
RISN's dividend yield for the trailing twelve months is around 1.05%, less than CTAP's 1.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF | 1.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RISN Inspire Tactical Balanced ESG ETF | 1.05% | 0.98% | 1.39% | 2.05% | 1.27% | 9.74% | 4.71% |
Frequently Asked Questions
RISN and CTAP have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CTAP is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CTAP is cheaper with a 0.10% expense ratio, compared with 0.82% for RISN.
CTAP has the higher dividend yield at 1.91%, compared with 1.05% for RISN.
They also come from different issuers: Inspire and Simplify. Their fees differ too: 0.82% for RISN and 0.10% for CTAP.
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