TUG vs. CTAP

Last updated Jun 4, 2026

TUG (STF Tactical Growth ETF) and CTAP (Simplify US Equity PLUS Managed Futures Strategy ETF) are both Diversified Portfolio funds. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. TUG charges 0.65%/yr vs 0.10%/yr for CTAP.

Performance

TUG vs. CTAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STF Tactical Growth ETF (TUG) 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, TUG achieves a 20.36% return, which is significantly lower than CTAP's 21.95% return.

TUG

• 1D: -0.48%
• 1M: 11.01%
• YTD: 20.36%
• 6M: 19.04%
• 1Y: 40.10%
• 3Y*: 23.61%
• 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)

TUG vs. CTAP - Yearly Performance Comparison

	2026 (YTD)	2025
TUG STF Tactical Growth ETF	20.36%	-1.33%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	21.95%	2.44%

Correlation

The correlation between TUG and CTAP is 0.22, 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	0.22

TUG vs. CTAP - Sectors Allocation Comparison

Sectors	TUG	CTAP
Technology	54.6%	-
Communication Services	15.4%	-
Consumer Cyclical	12.0%	-
Consumer Defensive	7.4%	-
Healthcare	4.1%	-
Industrials	3.0%	-
Utilities	1.4%	-
Basic Materials	1.1%	-
Energy	0.7%	-
Financial Services	0.3%	49.3%
Real Estate	0.1%	-

Return for Risk

TUG vs. CTAP — Risk / Return Rank

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

TUG

TUG Risk / Return Rank: 70
TUG Sharpe Ratio Rank: 77
TUG Sortino Ratio Rank: 72
TUG Omega Ratio Rank: 70
TUG Calmar Ratio Rank: 66
TUG Martin Ratio Rank: 67

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.

TUG vs. CTAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STF Tactical Growth ETF (TUG) 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.

	TUG	CTAP	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.27	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.27	—	—
Martin ratio: Return relative to average drawdown	12.47	—	—
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

	TUG	CTAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	2.50	-1.38

Drawdowns

TUG vs. CTAP - Drawdown Comparison

The maximum TUG drawdown since its inception was -22.27%, which is greater than CTAP's maximum drawdown of -9.02%. Use the drawdown chart below to compare losses from any high point for TUG and CTAP.

Drawdown Indicators

	TUG	CTAP	Difference
Max Drawdown Largest peak-to-trough decline	-22.27%	-9.02%	-13.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.27%	—	—
Current Drawdown Current decline from peak	-0.48%	-4.47%	+3.99%
Average Drawdown Average peak-to-trough decline	-4.31%	-2.18%	-2.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.22%	—	—

Volatility

Volatility by Period

	TUG	CTAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.16%	23.94%	-7.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	23.94%	-5.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.02%	23.94%	-5.92%

TUG vs. CTAP - Expense Ratio Comparison

TUG has a 0.65% expense ratio, which is higher than CTAP's 0.10% expense ratio.

Dividends

TUG vs. CTAP - Dividend Comparison

TUG's dividend yield for the trailing twelve months is around 1.43%, more than CTAP's 0.65% yield.

Position	TTM	2025	2024	2023	2022
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF	0.65%	0.00%	0.00%	0.00%	0.00%
TUG STF Tactical Growth ETF	1.43%	1.75%	4.97%	1.34%	1.14%

Frequently Asked Questions

Can I hold both TUG and CTAP in my portfolio?

TUG and CTAP have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TUG 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, TUG or CTAP?

CTAP is cheaper with a 0.10% expense ratio, compared with 0.65% for TUG.

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

TUG has the higher dividend yield at 1.43%, compared with 0.65% for CTAP.

What is the main difference between TUG and CTAP?

They also come from different issuers: STF and Simplify. Their fees differ too: 0.65% for TUG and 0.10% for CTAP.