SDMF vs. BSCT

Last updated Jun 3, 2026

SDMF (Simplify DBi CTA Managed Futures Index ETF) and BSCT (Invesco BulletShares 2029 Corporate Bond ETF) are both exchange-traded funds - SDMF is a Systematic Trend fund tracking the DBi CTA Managed Futures Index, while BSCT is a Corporate Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2029 Index. Both are passively managed. At a correlation of -0.08, they often move in opposite directions. SDMF charges 0.35%/yr vs 0.10%/yr for BSCT.

Performance

SDMF vs. BSCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify DBi CTA Managed Futures Index ETF (SDMF) and Invesco BulletShares 2029 Corporate Bond ETF (BSCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDMF

• 1D: 0.00%
• 1M: 2.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCT

• 1D: 0.00%
• 1M: 0.09%
• YTD: 0.62%
• 6M: 1.02%
• 1Y: 4.89%
• 3Y*: 5.63%
• 5Y*: 1.35%
• 10Y*: —

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

SDMF vs. BSCT - Yearly Performance Comparison

	2026 (YTD)
SDMF Simplify DBi CTA Managed Futures Index ETF	3.28%
BSCT Invesco BulletShares 2029 Corporate Bond ETF	-0.30%

Correlation

The correlation between SDMF and BSCT is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 20, 2026	-0.08

Return for Risk

SDMF vs. BSCT — Risk / Return Rank

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

BSCT

BSCT Risk / Return Rank: 64
BSCT Sharpe Ratio Rank: 63
BSCT Sortino Ratio Rank: 72
BSCT Omega Ratio Rank: 68
BSCT Calmar Ratio Rank: 58
BSCT Martin Ratio Rank: 60

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.

SDMF vs. BSCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify DBi CTA Managed Futures Index ETF (SDMF) and Invesco BulletShares 2029 Corporate Bond ETF (BSCT). 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.

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

Sharpe Ratios by Period

	SDMF	BSCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.13	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.32	+0.59

Drawdowns

SDMF vs. BSCT - Drawdown Comparison

The maximum SDMF drawdown since its inception was -6.23%, smaller than the maximum BSCT drawdown of -19.14%. Use the drawdown chart below to compare losses from any high point for SDMF and BSCT.

Drawdown Indicators

	SDMF	BSCT	Difference
Max Drawdown Largest peak-to-trough decline	-6.23%	-19.14%	+12.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.14%	—
Current Drawdown Current decline from peak	0.00%	-0.48%	+0.48%
Average Drawdown Average peak-to-trough decline	-2.29%	-5.37%	+3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.44%	—

Volatility

Volatility by Period

	SDMF	BSCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.36%	2.31%	+11.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.36%	5.71%	+7.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.36%	7.27%	+6.09%

SDMF vs. BSCT - Expense Ratio Comparison

SDMF has a 0.35% expense ratio, which is higher than BSCT's 0.10% expense ratio.

Dividends

SDMF vs. BSCT - Dividend Comparison

SDMF has not paid dividends to shareholders, while BSCT's dividend yield for the trailing twelve months is around 4.57%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BSCT Invesco BulletShares 2029 Corporate Bond ETF	4.57%	4.53%	4.51%	3.89%	2.65%	1.94%	2.24%	0.86%
SDMF Simplify DBi CTA Managed Futures Index ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDMF and BSCT in my portfolio?

SDMF and BSCT have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SDMF or BSCT?

On fees, BSCT 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, SDMF or BSCT?

BSCT is cheaper with a 0.10% expense ratio, compared with 0.35% for SDMF.

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

BSCT has the higher dividend yield at 4.57%, compared with 0.00% for SDMF.

What is the main difference between SDMF and BSCT?

SDMF is categorized as Systematic Trend, while BSCT is Corporate Bonds. SDMF tracks DBi CTA Managed Futures Index, while BSCT tracks NASDAQ BulletShares USD Corporate Bond 2029 Index. They also come from different issuers: Simplify and Invesco. Their fees differ too: 0.35% for SDMF and 0.10% for BSCT.