SDMF vs. MFUT

Last updated Jun 24, 2026

SDMF (Simplify DBi CTA Managed Futures Index ETF) and MFUT (Cambria Chesapeake Pure Trend ETF) are both Systematic Trend funds. SDMF is passively managed, while MFUT is actively managed. At a 0.41 correlation, their price movements are largely independent. SDMF charges 0.35%/yr vs 1.18%/yr for MFUT.

Performance

SDMF vs. MFUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify DBi CTA Managed Futures Index ETF (SDMF) and Cambria Chesapeake Pure Trend ETF (MFUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDMF

• 1D: -1.31%
• 1M: -1.80%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MFUT

• 1D: -2.52%
• 1M: -4.70%
• YTD: 13.81%
• 6M: 12.83%
• 1Y: 28.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDMF vs. MFUT - Yearly Performance Comparison

	2026 (YTD)
SDMF Simplify DBi CTA Managed Futures Index ETF	0.56%
MFUT Cambria Chesapeake Pure Trend ETF	5.10%

Correlation

The correlation between SDMF and MFUT is 0.41, 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 Feb 19, 2026	0.41

Return for Risk

SDMF vs. MFUT — Risk / Return Rank

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

SDMF

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

MFUT

MFUT Risk / Return Rank: 61
MFUT Sharpe Ratio Rank: 62
MFUT Sortino Ratio Rank: 53
MFUT Omega Ratio Rank: 68
MFUT Calmar Ratio Rank: 66
MFUT Martin Ratio Rank: 57

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. MFUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify DBi CTA Managed Futures Index ETF (SDMF) and Cambria Chesapeake Pure Trend ETF (MFUT). 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.

	SDMF	MFUT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.91	—
Sortino ratio: Return per unit of downside risk	—	2.39	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	3.11	—
Martin ratio: Return relative to average drawdown	—	9.35	—

Drawdowns

SDMF vs. MFUT - Drawdown Comparison

The maximum SDMF drawdown since its inception was -6.23%, smaller than the maximum MFUT drawdown of -29.28%. Use the drawdown chart below to compare losses from any high point for SDMF and MFUT.

Drawdown Indicators

	SDMF	MFUT	Difference
Max Drawdown Largest peak-to-trough decline	-6.23%	-29.28%	+23.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.23%	—
Current Drawdown Current decline from peak	-2.72%	-7.52%	+4.80%
Average Drawdown Average peak-to-trough decline	-2.18%	-16.28%	+14.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.07%	—

Volatility

Volatility by Period

	SDMF	MFUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.16%	15.05%	-1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.16%	13.49%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.16%	13.49%	-0.33%

SDMF vs. MFUT - Expense Ratio Comparison

SDMF has a 0.35% expense ratio, which is lower than MFUT's 1.18% expense ratio.

Dividends

SDMF vs. MFUT - Dividend Comparison

Neither SDMF nor MFUT has paid dividends to shareholders.

Position	TTM	2025	2024
MFUT Cambria Chesapeake Pure Trend ETF	0.00%	0.00%	0.33%
SDMF Simplify DBi CTA Managed Futures Index ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDMF and MFUT in my portfolio?

SDMF and MFUT have a correlation of 0.41, 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 MFUT?

On fees, SDMF is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDMF or MFUT?

SDMF is cheaper with a 0.35% expense ratio, compared with 1.18% for MFUT.

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

SDMF and MFUT have nearly identical dividend yields, around 0.00%.

What is the main difference between SDMF and MFUT?

They also come from different issuers: Simplify and Cambria. Their fees differ too: 0.35% for SDMF and 1.18% for MFUT.