SDMF vs. TFFI

Last updated Jul 14, 2026

SDMF (Simplify DBi CTA Managed Futures Index ETF) and TFFI (Chesapeake Trend-Following Fixed Income ETF) are both exchange-traded funds - SDMF is a Systematic Trend fund tracking the DBi CTA Managed Futures Index, while TFFI is a Actively Managed fund actively managed by Chesapeake. SDMF is passively managed, while TFFI is actively managed. At a 0.33 correlation, their price movements are largely independent. SDMF charges 0.35%/yr vs 1.01%/yr for TFFI.

Performance

SDMF vs. TFFI - Performance Comparison

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

Returns By Period

SDMF

• 1D: 0.28%
• 1M: 0.86%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TFFI

• 1D: 0.55%
• 1M: 1.17%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDMF vs. TFFI - Yearly Performance Comparison

	2026 (YTD)
SDMF Simplify DBi CTA Managed Futures Index ETF	1.08%
TFFI Chesapeake Trend-Following Fixed Income ETF	0.50%

Correlation

The correlation between SDMF and TFFI is 0.33, 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 24, 2026	0.33

Return for Risk

SDMF vs. TFFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify DBi CTA Managed Futures Index ETF (SDMF) and Chesapeake Trend-Following Fixed Income ETF (TFFI). 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.

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

Drawdowns

SDMF vs. TFFI - Drawdown Comparison

The maximum SDMF drawdown since its inception was -6.23%, which is greater than TFFI's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for SDMF and TFFI.

Drawdown Indicators

	SDMF	TFFI	Difference
Max Drawdown Largest peak-to-trough decline	-6.23%	-4.23%	-2.00%
Current Drawdown Current decline from peak	-1.04%	-1.62%	+0.58%
Average Drawdown Average peak-to-trough decline	-2.18%	-1.65%	-0.53%

Volatility

Volatility by Period

	SDMF	TFFI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.82%	8.02%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.82%	8.02%	+4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.82%	8.02%	+4.80%

SDMF vs. TFFI - Expense Ratio Comparison

SDMF has a 0.35% expense ratio, which is lower than TFFI's 1.01% expense ratio.

Dividends

SDMF vs. TFFI - Dividend Comparison

SDMF's dividend yield for the trailing twelve months is around 0.39%, while TFFI has not paid dividends to shareholders.

Position	TTM
SDMF Simplify DBi CTA Managed Futures Index ETF	0.39%
TFFI Chesapeake Trend-Following Fixed Income ETF	0.00%

Frequently Asked Questions

Can I hold both SDMF and TFFI in my portfolio?

SDMF and TFFI have a correlation of 0.33, 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 TFFI?

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 TFFI?

SDMF is cheaper with a 0.35% expense ratio, compared with 1.01% for TFFI.

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

SDMF has the higher dividend yield at 0.39%, compared with 0.00% for TFFI.

What is the main difference between SDMF and TFFI?

SDMF is categorized as Systematic Trend, while TFFI is Actively Managed. They also come from different issuers: Simplify and Chesapeake. Their fees differ too: 0.35% for SDMF and 1.01% for TFFI.