WCOS.L vs. CTA

Last updated Jun 5, 2026

WCOS.L (SPDR MSCI World Consumer Staples UCITS ETF) and CTA (Simplify Managed Futures Strategy ETF) are both exchange-traded funds - WCOS.L is a Consumer Staples Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while CTA is a Systematic Trend fund actively managed by Simplify. WCOS.L is passively managed, while CTA is actively managed. Over the past 3 years, WCOS.L returned 6.13%/yr vs 11.34%/yr for CTA. At a correlation of -0.10, they often move in opposite directions. WCOS.L charges 0.30%/yr vs 0.78%/yr for CTA.

Performance

WCOS.L vs. CTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Consumer Staples UCITS ETF (WCOS.L) and Simplify Managed Futures Strategy ETF (CTA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCOS.L achieves a 3.82% return, which is significantly lower than CTA's 10.72% return.

WCOS.L

• 1D: 0.05%
• 1M: -2.38%
• YTD: 3.82%
• 6M: 4.03%
• 1Y: 1.22%
• 3Y*: 6.13%
• 5Y*: 3.94%
• 10Y*: 5.58%

CTA

• 1D: -1.40%
• 1M: -8.08%
• YTD: 10.72%
• 6M: 12.41%
• 1Y: 13.86%
• 3Y*: 11.34%
• 5Y*: —
• 10Y*: —

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

WCOS.L vs. CTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WCOS.L SPDR MSCI World Consumer Staples UCITS ETF	3.82%	8.52%	5.94%	1.94%	3.49%
CTA Simplify Managed Futures Strategy ETF	10.72%	0.88%	24.15%	-2.23%	9.55%

Correlation

The correlation between WCOS.L and CTA is -0.00, 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 (1Y) Calculated over the trailing 1-year period	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	-0.07
Correlation (All Time) Calculated using the full available price history since Mar 9, 2022	-0.10

The correlation between WCOS.L and CTA shifts across timeframes, from -0.10 (all time) to -0.00 (1 year), reflecting how their relationship changes across market environments.

WCOS.L vs. CTA - Sectors Allocation Comparison

Sectors	WCOS.L	CTA
Consumer Defensive	97.5%	-
Consumer Cyclical	2.3%	-
Healthcare	0.2%	-
Basic Materials	-	-
Communication Services	-	-
Energy	-	-
Financial Services	-	-49.1%
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

WCOS.L vs. CTA — Risk / Return Rank

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

WCOS.L

WCOS.L Risk / Return Rank: 10
WCOS.L Sharpe Ratio Rank: 11
WCOS.L Sortino Ratio Rank: 10
WCOS.L Omega Ratio Rank: 10
WCOS.L Calmar Ratio Rank: 11
WCOS.L Martin Ratio Rank: 11

CTA

CTA Risk / Return Rank: 23
CTA Sharpe Ratio Rank: 21
CTA Sortino Ratio Rank: 20
CTA Omega Ratio Rank: 22
CTA Calmar Ratio Rank: 27
CTA Martin Ratio Rank: 25

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.

WCOS.L vs. CTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Consumer Staples UCITS ETF (WCOS.L) and Simplify Managed Futures Strategy ETF (CTA). 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.

	WCOS.L	CTA	Difference
Sharpe ratio: Return per unit of total volatility	0.10	0.69	-0.59
Sortino ratio: Return per unit of downside risk	0.22	1.01	-0.79
Omega ratio: Gain probability vs. loss probability	1.03	1.14	-0.11
Calmar ratio: Return relative to maximum drawdown	0.12	1.26	-1.14
Martin ratio: Return relative to average drawdown	0.28	3.28	-3.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WCOS.L vs. CTA - Sharpe Ratio Comparison

The current WCOS.L Sharpe Ratio is 0.10, which is lower than the CTA Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of WCOS.L and CTA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WCOS.L	CTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	0.69	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.59	-0.13

Drawdowns

WCOS.L vs. CTA - Drawdown Comparison

The maximum WCOS.L drawdown since its inception was -23.55%, which is greater than CTA's maximum drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for WCOS.L and CTA.

Drawdown Indicators

	WCOS.L	CTA	Difference
Max Drawdown Largest peak-to-trough decline	-23.55%	-18.07%	-5.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.72%	-11.00%	+1.28%
Max Drawdown (3Y) Largest decline over 3 years	-11.62%	-11.23%	-0.39%
Max Drawdown (5Y) Largest decline over 5 years	-17.62%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.55%	—	—
Current Drawdown Current decline from peak	-8.82%	-9.15%	+0.33%
Average Drawdown Average peak-to-trough decline	-4.19%	-5.68%	+1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.38%	4.23%	+0.15%

Volatility

WCOS.L vs. CTA - Volatility Comparison

The current volatility for SPDR MSCI World Consumer Staples UCITS ETF (WCOS.L) is 4.45%, while Simplify Managed Futures Strategy ETF (CTA) has a volatility of 7.79%. This indicates that WCOS.L experiences smaller price fluctuations and is considered to be less risky than CTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WCOS.L	CTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.45%	7.79%	-3.34%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	17.37%	-7.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.28%	20.17%	-7.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.16%	16.59%	-4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.58%	16.59%	-4.01%

WCOS.L vs. CTA - Expense Ratio Comparison

WCOS.L has a 0.30% expense ratio, which is lower than CTA's 0.78% expense ratio.

Dividends

WCOS.L vs. CTA - Dividend Comparison

WCOS.L has not paid dividends to shareholders, while CTA's dividend yield for the trailing twelve months is around 4.92%.

Position	TTM	2025	2024	2023	2022
CTA Simplify Managed Futures Strategy ETF	4.92%	3.19%	4.80%	7.78%	6.58%
WCOS.L SPDR MSCI World Consumer Staples UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WCOS.L and CTA in my portfolio?

WCOS.L and CTA have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WCOS.L or CTA?

On fees, WCOS.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WCOS.L or CTA?

WCOS.L is cheaper with a 0.30% expense ratio, compared with 0.78% for CTA.

What is the main difference between WCOS.L and CTA?

WCOS.L is categorized as Consumer Staples Equities, while CTA is Systematic Trend. They also come from different issuers: State Street and Simplify. Their fees differ too: 0.30% for WCOS.L and 0.78% for CTA.