RSSB vs. CTAP

Last updated Jun 4, 2026

RSSB (Return Stacked Global Stocks & Bonds ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both exchange-traded funds - RSSB is a Global Allocation fund actively managed by Return Stacked, while CTAP is a Diversified Portfolio fund actively managed by Simplify. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. RSSB charges 0.41%/yr vs 0.10%/yr for CTAP.

Performance

RSSB vs. CTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Return Stacked Global Stocks & Bonds ETF (RSSB) and Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RSSB achieves a 9.57% return, which is significantly lower than CTAP's 21.95% return.

RSSB

• 1D: -1.22%
• 1M: 4.37%
• YTD: 9.57%
• 6M: 9.59%
• 1Y: 27.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CTAP

• 1D: -0.32%
• 1M: -3.24%
• YTD: 21.95%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RSSB vs. CTAP - Yearly Performance Comparison

	2026 (YTD)	2025
RSSB Return Stacked Global Stocks & Bonds ETF	9.57%	1.35%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	21.95%	2.44%

Correlation

The correlation between RSSB and CTAP is 0.12, 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 10, 2025	0.12

RSSB vs. CTAP - Sectors Allocation Comparison

Sectors	RSSB	CTAP
Technology	27.9%	-
Financial Services	15.9%	49.3%
Industrials	11.5%	-
Consumer Cyclical	9.7%	-
Communication Services	8.3%	-
Healthcare	8.2%	-
Consumer Defensive	5.0%	-
Energy	4.3%	-
Basic Materials	4.1%	-
Utilities	2.7%	-
Real Estate	2.4%	-

Return for Risk

RSSB vs. CTAP — Risk / Return Rank

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

RSSB

RSSB Risk / Return Rank: 52
RSSB Sharpe Ratio Rank: 53
RSSB Sortino Ratio Rank: 52
RSSB Omega Ratio Rank: 51
RSSB Calmar Ratio Rank: 48
RSSB Martin Ratio Rank: 56

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.

RSSB vs. CTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Return Stacked Global Stocks & Bonds ETF (RSSB) 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.

	RSSB	CTAP	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.55	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.41	—	—
Martin ratio: Return relative to average drawdown	9.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RSSB	CTAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	2.50	-1.21

Drawdowns

RSSB vs. CTAP - Drawdown Comparison

The maximum RSSB drawdown since its inception was -16.21%, which is greater than CTAP's maximum drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for RSSB and CTAP.

Drawdown Indicators

	RSSB	CTAP	Difference
Max Drawdown Largest peak-to-trough decline	-16.21%	-9.02%	-7.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.63%	—	—
Current Drawdown Current decline from peak	-1.22%	-4.47%	+3.25%
Average Drawdown Average peak-to-trough decline	-2.26%	-2.18%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	—	—

Volatility

Volatility by Period

	RSSB	CTAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.26%	23.94%	-8.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.59%	23.94%	-7.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.59%	23.94%	-7.35%

RSSB vs. CTAP - Expense Ratio Comparison

RSSB has a 0.41% expense ratio, which is higher than CTAP's 0.10% expense ratio.

Dividends

RSSB vs. CTAP - Dividend Comparison

RSSB's dividend yield for the trailing twelve months is around 3.18%, more than CTAP's 0.65% yield.

Position	TTM	2025	2024	2023
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	0.65%	0.00%	0.00%	0.00%
RSSB Return Stacked Global Stocks & Bonds ETF	3.18%	3.48%	1.10%	0.61%

Frequently Asked Questions

Can I hold both RSSB and CTAP in my portfolio?

RSSB and CTAP have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RSSB or CTAP?

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.

Which ETF is cheaper, RSSB or CTAP?

CTAP is cheaper with a 0.10% expense ratio, compared with 0.41% for RSSB.

Which ETF pays a higher dividend yield, RSSB or CTAP?

RSSB has the higher dividend yield at 3.18%, compared with 0.65% for CTAP.

What is the main difference between RSSB and CTAP?

RSSB is categorized as Global Allocation, while CTAP is Diversified Portfolio. They also come from different issuers: Return Stacked and Simplify. Their fees differ too: 0.41% for RSSB and 0.10% for CTAP.