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CTA

Simplify Managed Futures Strategy ETF

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as of 02/20/2025

NAV

$ 29.77

NAV Change

- $ 0.23 /0.77%

Price

$ 29.80

Price Change

- $ 0.41 /1.36%
The Simplify Managed Futures Strategy ETF (CTA) seeks long term capital appreciation by systematically investing in futures in an attempt to create an absolute return profile, that also has a low correlation to equities, and can provide support in risk-off events.

To this end, CTA deploys a suite of systematic models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.
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Documents

CTA Fund Deep Dive

CTA Fund Deep Dive Live

Fund Overview

As of 02/20/2025

Ticker Symbol
CTA
Gross Expense Ratio
0.76%
CUSIP
82889N699
Total Assets
$772,408,558.16
Shares Outstanding
25,950,001
Distribution Rate as of 12/31/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
10.62%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 01/31/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 01/31/2025
2.48%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 02/20/2025
0.12%
NAV Per Share as of 02/20/2025
$29.77
Market Price as of 02/20/2025
$29.80
30-Day Median Bid-Ask Spread
0.10%
Bid/Ask
$29.77/$29.79
Midpoint Price
$29.78
Volume
391,808
NAV Symbol
CTA.NV
IOPV Symbol
CTA.IV
Shares Out. Symbol
CTA.SO
Schedule K-1
No
 
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. The distribution rate may contain return of capital but an estimate cannot be provided at this time. Please refer to the 19a-1 notices for additional details regarding the distributions’ composition once they become available.

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.75%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.01%
Total Annual Fund Operating Expenses 0.76%
1. Other Expenses includes interest expenses of 0.01%.

Fund Performance

As of 01/31/2025 12/31/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 2.87% 9.63% 14.54% 2.87% 26.94% 37.81%
Market Price 2.19% 9.37% 14.71% 2.19% 25.96% 35.84%
Annualized 1 Year 3 Year Since Inception
NAV 26.94% — 11.68%
Market Price 25.96% — 11.13%
Cumulative 1 Year Since Inception
NAV 24.18% 33.97%
Market Price 24.15% 32.93%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 24.18% — — 10.93%
Market Price 24.15% — — 10.64%
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2024 4th Quarter of 2024
Days Traded at Premium
163
39
Days Traded at Discount
89
25
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

Holdings Summary Risk Profile

As of 02/20/2025

Holdings - All ETFs
Ticker Name Quantity Weight
BOK5 COM SOYBEAN OIL FUTR MAY25 -201 -0.75%
BON5 COM SOYBEAN OIL FUTR JUL25 -26 -0.10%
C H5 COM CORN FUTURE Mar25 728 2.35%
C K5 COM CORN FUTURE May25 1,264 4.20%
C N5 COM CORN FUTURE Jul25 808 2.70%
C U5 COM CORN FUTURE Sep25 246 0.77%
CCK5 COM COCOA FUTURE MAY25 -63 -0.84%
CCN5 COM COCOA FUTURE Jul25 1 0.01%
CCU5 COM COCOA FUTURE Sep25 -4 -0.05%
CLJ5 COM WTI CRUDE FUTURE APR25 -208 -1.95%
CLK5 COM WTI CRUDE FUTURE MAY25 -281 -2.63%
CLM5 COM WTI CRUDE FUTURE JUN25 -56 -0.52%
CLN5 COM WTI CRUDE FUTURE Jul25 -22 -0.20%
CLQ5 COM WTI CRUDE FUTURE Aug25 -13 -0.12%
CLU5 COM WTI CRUDE FUTURE Sep25 -16 -0.15%
CLV5 COM WTI CRUDE FUTURE Oct25 -4 -0.04%
CTK5 COM COTTON NO.2 FUTR May25 -1,252 -5.47%
CTN5 COM COTTON NO.2 FUTR Jul25 -427 -1.89%
CTZ5 COM COTTON NO.2 FUTR Dec25 -6 -0.03%
CVH5 COM CAN 2YR BOND FUT Mar25 -293 -2.82%
FCJ5 COM CATTLE FEEDER FUT Apr25 -11 -0.19%
FCK5 COM CATTLE FEEDER FUT May25 -39 -0.67%
FVH5 COM US 5YR NOTE (CBT) Mar25 -954 -13.15%
GCJ5 COM GOLD 100 OZ FUTR Apr25 547 20.94%
GCM5 COM GOLD 100 OZ FUTR Jun25 72 2.78%
GCQ5 COM GOLD 100 OZ FUTR Aug25 10 0.39%
HGH5 COM COPPER FUTURE Mar25 24 0.36%
HGK5 COM COPPER FUTURE MAY25 239 3.61%
HGN5 COM COPPER FUTURE Jul25 54 0.82%
HOJ5 COM NY Harb ULSD Fut Apr25 217 2.89%
HOK5 COM NY Harb ULSD Fut May25 103 1.34%
HOM5 COM NY HARB ULSD FUT JUN25 54 0.69%
HON5 COM NY Harb ULSD Fut Jul25 7 0.09%
KCK5 COM COFFEE 'C' FUTURE MAY25 352 6.66%
KCN5 COM COFFEE 'C' FUTURE Jul25 180 3.32%
KCU5 COM COFFEE 'C' FUTURE Sep25 45 0.80%
KWK5 COM KC HRW WHEAT FUT May25 664 2.67%
KWN5 COM KC HRW WHEAT FUT JUL25 366 1.50%
LCM5 COM LIVE CATTLE FUTR JUN25 8 0.08%
LCQ5 COM LIVE CATTLE FUTR Aug25 -3 -0.03%
LHJ5 COM LEAN HOGS FUTURE APR25 69 0.32%
LHM5 COM LEAN HOGS FUTURE Jun25 92 0.48%
LHN5 COM LEAN HOGS FUTURE Jul25 13 0.07%
NGJ25 COM NATURAL GAS FUTR Apr25 759 4.02%
NGK25 COM NATURAL GAS FUTR May25 261 1.40%
NGM25 COM NATURAL GAS FUTR Jun25 58 0.32%
NGN25 COM NATURAL GAS FUTR Jul25 110 0.62%
NGQ25 COM NATURAL GAS FUTR Aug25 91 0.52%
NGU25 COM NATURAL GAS FUTR Sep25 146 0.83%
NGV25 COM NATURAL GAS FUTR Oct25 291 1.66%
NGX25 COM NATURAL GAS FUTR Nov25 56 0.33%
NGZ25 COM NATURAL GAS FUTR Dec25 15 0.10%
PAH5 COM PALLADIUM FUTURE Mar25 62 0.81%
PLJ5 COM PLATINUM FUTURE Apr25 104 0.67%
RSH5 COM CANOLA FUTR (WCE) Mar25 192 0.23%
RSK5 COM CANOLA FUTR (WCE) May25 97 0.12%
RSN5 COM CANOLA FUTR (WCE) JUL25 30 0.04%
S H5 COM SOYBEAN FUTURE Mar25 114 0.77%
S N5 COM SOYBEAN FUTURE Jul25 146 1.02%
S Q5 COM SOYBEAN FUTURE Aug25 22 0.15%
SBK5 COM SUGAR #11 (WORLD) MAY25 447 1.28%
SBN5 COM SUGAR #11 (WORLD) JUL25 54 0.15%
SBV5 COM SUGAR #11 (WORLD) Oct25 19 0.05%
SFRH6 COM 3 MONTH SOFR FUT MAR26 -67 -2.08%
SFRM5 COM 3 MONTH SOFR FUT Jun25 -3,020 -93.67%
SFRU5 COM 3 MONTH SOFR FUT Sep25 -604 -18.76%
SFRZ5 COM 3 MONTH SOFR FUT Dec25 -276 -8.58%
SIK5 COM SILVER FUTURE MAY25 16 0.35%
SIN5 COM SILVER FUTURE Jul25 11 0.24%
SMH5 COM SOYBEAN MEAL FUTR Mar25 47 0.18%
SMK5 COM SOYBEAN MEAL FUTR May25 1,176 4.64%
SMN5 COM SOYBEAN MEAL FUTR Jul25 722 2.91%
TUH5 COM US 2YR NOTE (CBT) Mar25 -1,567 -41.70%
TYH5 COM US 10YR NOTE (CBT)Mar25 -584 -8.26%
USH5 COM US LONG BOND(CBT) Mar25 -299 -4.45%
UXYH5 COM US 10yr Ultra Fut Mar25 -426 -6.18%
W K5 COM WHEAT FUTURE(CBT) May25 896 3.48%
W N5 COM WHEAT FUTURE(CBT) Jul25 447 1.78%
WNH5 COM US ULTRA BOND CBT MAR25 -220 -3.41%
XBJ5 COM GASOLINE RBOB FUT APR25 -283 -3.57%
XBK5 COM GASOLINE RBOB FUT May25 -31 -0.39%
XBM5 COM GASOLINE RBOB FUT Jun25 1 0.01%
- TREASURY BILL DN 2/25 41,500,000 5.37%
- TREASURY BILL DN 3/25 106,900,000 13.81%
- TREASURY BILL DN 3/25 46,300,000 5.98%
- TREASURY BILL DN 4/25 216,900,000 27.96%
- TREASURY BILL DN 4/25 80,200,000 10.34%
- TREASURY BILL DN 4/25 130,000,000 16.74%
- TREASURY BILL DN 4/25 23,000,000 2.96%
- TREASURY BILL DN 6/25 92,000,000 11.75%
- TREASURY BILL DN 6/25 40,000,000 5.11%
- CANADIAN DOLLAR 129,197 0.01%
- CANADIAN DOLLAR -1,265,409 -0.12%
- Estimated Cash -19,987,138 -2.59%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
NATURAL GAS FUTR 9.78% 5,135,966 16.81%
COFFEE 'C' FUTURE 10.78% 5,908,206 13.93%
GOLD 100 OZ FUTR 24.10% 8,648,750 11.41%
SOYBEAN MEAL FUTR 7.73% 4,204,750 7.08%
CORN FUTURE 10.01% 3,354,486 6.45%
WHEAT FUTURE(CBT) 5.26% 2,388,375 4.45%
NY HARB ULSD FUT 5.00% 2,690,530 4.01%
KC HRW WHEAT FUT 4.16% 1,999,140 3.84%
COPPER FUTURE 4.79% 2,266,550 3.62%
COTTON NO.2 FUTR -7.39% 3,080,031 3.53%
WTI CRUDE FUTURE -5.61% 3,160,225 2.86%
3 MONTH SOFR FUT -3.88% 2,685,080 2.72%
GASOLINE RBOB FUT -3.95% 1,741,760 2.37%
US 2YR NOTE (CBT) -41.69% 2,068,440 2.08%
US 5YR NOTE (CBT) -13.15% 1,311,750 1.73%
US LONG BOND(CBT) -4.45% 1,216,930 1.59%
US 10YR ULTRA FUT -6.18% 1,194,930 1.52%
US ULTRA BOND CBT -3.41% 1,246,300 1.51%
SOYBEAN FUTURE 1.94% 581,020 1.40%
COCOA FUTURE -0.87% 1,026,884 1.35%
PALLADIUM FUTURE 0.81% 818,400 1.04%
SUGAR #11 (WORLD) 1.48% 570,414 1.03%
SOYBEAN OIL FUTR -0.84% 421,630 0.83%
LEAN HOGS FUTURE 0.86% 306,240 0.75%
PLATINUM FUTURE 0.67% 343,200 0.63%
SILVER FUTURE 0.59% 356,400 0.50%
CATTLE FEEDER FUT -0.86% 226,850 0.46%
CANOLA FUTR (WCE) 0.39% 160,816 0.28%
CAN 2YR BOND FUT -2.81% 137,586 0.15%
LIVE CATTLE FUTR 0.05% 26,620 0.05%
Total -6.67% 59,278,258 100.00%
* 10y equivalents for 3 Month SOFR, Bank Acceptances, CORRA, and CAN 10YR Bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 100.00% 772,399,546 4.32%
Pure Cash 0.00% 9,012 0.00%
Total 100.00% 772,408,558 0.00%
Source: Bloomberg, Simplify

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.00000
$0.73816
$0.00000
$0.00000
View Distribution History
Supplemental Information: S19(a) Notices

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