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CTA

Simplify Managed Futures Strategy ETF

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as of 01/17/2025

NAV

$ 28.66

NAV Change

- $ 0.16 /0.56%

Price

$ 28.69

Price Change

- $ 0.21 /0.73%
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 01/17/2025

Ticker Symbol
CTA
Gross Expense Ratio
0.76%
CUSIP
82889N699
Total Assets
$558,069,274.16
Shares Outstanding
19,475,001
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 12/31/2024 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 12/31/2024
2.64%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 01/17/2025
0.12%
NAV Per Share as of 01/17/2025
$28.66
Market Price as of 01/17/2025
$28.69
30-Day Median Bid-Ask Spread
0.11%
Bid/Ask
$28.68/$28.69
Midpoint Price
$28.69
Volume
526,966
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 12/31/2024 12/31/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 2.82% 10.11% 7.12% 24.18% 24.18% 33.97%
Market Price 2.98% 10.12% 7.58% 24.15% 24.15% 32.93%
Annualized 1 Year 3 Year Since Inception
NAV 24.18% — 10.93%
Market Price 24.15% — 10.64%
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 01/17/2025

Holdings - All ETFs
Ticker Name Quantity Weight
BOH5 COM SOYBEAN OIL FUTR Mar25 433 2.13%
BOK5 COM SOYBEAN OIL FUTR MAY25 308 1.53%
BON5 COM SOYBEAN OIL FUTR JUL25 236 1.17%
C H5 COM CORN FUTURE Mar25 2,053 8.91%
C K5 COM CORN FUTURE May25 842 3.72%
C N5 COM CORN FUTURE Jul25 644 2.85%
C U5 COM CORN FUTURE Sep25 186 0.76%
CCH5 COM COCOA FUTURE Mar25 1 0.02%
CCK5 COM COCOA FUTURE MAY25 32 0.62%
CCN5 COM COCOA FUTURE Jul25 16 0.30%
CLH5 COM WTI CRUDE FUTURE MAR25 53 0.74%
CLJ5 COM WTI CRUDE FUTURE APR25 92 1.26%
CLK5 COM WTI CRUDE FUTURE MAY25 66 0.89%
CLM5 COM WTI CRUDE FUTURE JUN25 123 1.63%
CLN5 COM WTI CRUDE FUTURE Jul25 38 0.50%
CLQ5 COM WTI CRUDE FUTURE Aug25 26 0.34%
CLU5 COM WTI CRUDE FUTURE Sep25 32 0.41%
CNH5 COM CAN 10YR BOND FUT Mar25 -762 -11.51%
CORH5 COM 3M CORRA Futures Mar25 -470 -14.13%
CORM5 COM 3M CORRA Futures Jun25 -383 -11.53%
CORU5 COM 3M CORRA Futures Sep25 -351 -10.57%
CTH5 COM COTTON NO.2 FUTR MAR25 -575 -3.48%
CTK5 COM COTTON NO.2 FUTR May25 -271 -1.67%
CTN5 COM COTTON NO.2 FUTR Jul25 -93 -0.58%
CVH5 COM CAN 2YR BOND FUT Mar25 -293 -3.81%
FCH5 COM CATTLE FEEDER FUT Mar25 298 7.16%
FCJ5 COM CATTLE FEEDER FUT Apr25 136 3.27%
FCK5 COM CATTLE FEEDER FUT May25 6 0.14%
GCJ5 COM GOLD 100 OZ FUTR Apr25 223 11.09%
GCM5 COM GOLD 100 OZ FUTR Jun25 41 2.06%
HGH5 COM COPPER FUTURE Mar25 402 7.87%
HGK5 COM COPPER FUTURE MAY25 53 1.04%
HGN5 COM COPPER FUTURE Jul25 23 0.46%
HOG5 COM NY Harb ULSD Fut Feb25 39 0.77%
HOH5 COM NY Harb ULSD Fut Mar25 375 7.23%
HOJ5 COM NY Harb ULSD Fut Apr25 152 2.85%
HOK5 COM NY Harb ULSD Fut May25 79 1.45%
KCK5 COM COFFEE 'C' FUTURE MAY25 31 0.68%
KCN5 COM COFFEE 'C' FUTURE Jul25 19 0.41%
KWK5 COM KC HRW WHEAT FUT May25 16 0.08%
KWN5 COM KC HRW WHEAT FUT JUL25 22 0.11%
LCG5 COM LIVE CATTLE FUTR FEB25 688 9.70%
LCJ5 COM LIVE CATTLE FUTR Apr25 753 10.66%
LCM5 COM LIVE CATTLE FUTR JUN25 316 4.35%
LHJ5 COM LEAN HOGS FUTURE APR25 184 1.16%
LHM5 COM LEAN HOGS FUTURE Jun25 124 0.91%
NGH25 COM NATURAL GAS FUTR Mar25 1,104 6.88%
NGJ25 COM NATURAL GAS FUTR Apr25 591 3.66%
NGK25 COM NATURAL GAS FUTR May25 212 1.35%
NGM25 COM NATURAL GAS FUTR Jun25 107 0.72%
NGN25 COM NATURAL GAS FUTR Jul25 143 1.00%
NGQ25 COM NATURAL GAS FUTR Aug25 115 0.81%
NGU25 COM NATURAL GAS FUTR Sep25 179 1.25%
NGV25 COM NATURAL GAS FUTR Oct25 363 2.57%
NGX25 COM NATURAL GAS FUTR Nov25 9 0.07%
PAH5 COM PALLADIUM FUTURE Mar25 23 0.40%
PLJ5 COM PLATINUM FUTURE Apr25 215 1.86%
RSH5 COM CANOLA FUTR (WCE) Mar25 192 0.29%
RSK5 COM CANOLA FUTR (WCE) May25 97 0.15%
RSN5 COM CANOLA FUTR (WCE) JUL25 30 0.05%
S H5 COM SOYBEAN FUTURE Mar25 899 8.33%
S K5 COM SOYBEAN FUTURE MAY25 287 2.69%
S N5 COM SOYBEAN FUTURE Jul25 249 2.35%
S Q5 COM SOYBEAN FUTURE Aug25 29 0.27%
SBH5 COM SUGAR #11 (WORLD) MAR25 -674 -2.46%
SBK5 COM SUGAR #11 (WORLD) MAY25 -609 -2.09%
SBN5 COM SUGAR #11 (WORLD) JUL25 -275 -0.93%
SFRM5 COM 3 MONTH SOFR FUT Jun25 -3,020 -129.74%
SFRU5 COM 3 MONTH SOFR FUT Sep25 -1,280 -55.03%
SFRZ5 COM 3 MONTH SOFR FUT Dec25 -801 -34.45%
SIH5 COM SILVER FUTURE Mar25 48 1.34%
SIK5 COM SILVER FUTURE MAY25 7 0.20%
SIN5 COM SILVER FUTURE Jul25 3 0.09%
SMH5 COM SOYBEAN MEAL FUTR Mar25 448 2.39%
SMK5 COM SOYBEAN MEAL FUTR May25 264 1.44%
SMN5 COM SOYBEAN MEAL FUTR Jul25 172 0.96%
TUH5 COM US 2YR NOTE (CBT) Mar25 -2,064 -75.99%
USH5 COM US LONG BOND(CBT) Mar25 -56 -1.13%
W K5 COM WHEAT FUTURE(CBT) May25 22 0.11%
W N5 COM WHEAT FUTURE(CBT) Jul25 19 0.10%
WNH5 COM US ULTRA BOND CBT MAR25 -49 -1.04%
XBH5 COM GASOLINE RBOB FUT Mar25 19 0.31%
XBJ5 COM GASOLINE RBOB FUT APR25 32 0.57%
XBK5 COM GASOLINE RBOB FUT May25 9 0.16%
XQH5 COM CAN 5YR BOND FUT Mar25 -461 -6.45%
- TREASURY BILL DN 2/25 55,767,000 9.96%
- TREASURY BILL DN 2/25 37,533,000 6.70%
- TREASURY BILL DN 2/25 30,000,000 5.35%
- TREASURY BILL DN 3/25 74,000,000 13.18%
- TREASURY BILL DN 3/25 5,500,000 0.98%
- TREASURY BILL DN 4/25 133,900,000 23.80%
- TREASURY BILL DN 4/25 63,200,000 11.23%
- TREASURY BILL DN 4/25 125,000,000 22.19%
- TREASURY BILL DN 4/25 25,000,000 4.44%
- CANADIAN DOLLAR 3,038,983 0.38%
- CANADIAN DOLLAR -228,026 -0.03%
- Estimated Cash -15,457,770 -2.79%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
NATURAL GAS FUTR 18.30% 13,630,320 24.13%
LIVE CATTLE FUTR 24.72% 4,251,940 7.68%
SOYBEAN FUTURE 13.64% 3,124,880 7.51%
CORN FUTURE 16.24% 4,182,153 7.45%
NY HARB ULSD FUT 12.30% 4,105,310 6.86%
GOLD 100 OZ FUTR 13.15% 3,339,600 5.19%
3 MONTH SOFR FUT -6.97% 3,946,072 4.19%
COPPER FUTURE 9.37% 3,154,800 4.08%
SOYBEAN OIL FUTR 4.83% 1,741,190 3.73%
SOYBEAN MEAL FUTR 4.79% 1,975,160 3.54%
SUGAR #11 (WORLD) -5.48% 2,142,600 3.34%
CATTLE FEEDER FUT 10.57% 1,996,280 3.19%
US 2YR NOTE (CBT) -75.99% 2,724,480 2.91%
CAN 10YR BOND FUT -10.77% 1,291,142 2.36%
COTTON NO.2 FUTR -5.73% 1,851,816 2.26%
WTI CRUDE FUTURE 5.76% 2,192,190 1.84%
COCOA FUTURE 0.94% 731,991 1.71%
SILVER FUTURE 1.62% 733,700 1.31%
PLATINUM FUTURE 1.86% 662,200 1.28%
LEAN HOGS FUTURE 2.07% 508,200 1.05%
COFFEE 'C' FUTURE 1.08% 515,304 0.83%
3M CORRA FUTURES -1.15% 528,837 0.77%
CAN 5YR BOND FUT -6.45% 458,866 0.76%
GASOLINE RBOB FUT 1.04% 324,500 0.44%
PALLADIUM FUTURE 0.40% 303,600 0.33%
US ULTRA BOND CBT -1.03% 296,450 0.32%
CANOLA FUTR (WCE) 0.49% 157,550 0.31%
US LONG BOND(CBT) -1.13% 227,920 0.28%
CAN 2YR BOND FUT -3.81% 136,208 0.16%
WHEAT FUTURE(CBT) 0.20% 72,325 0.10%
KC HRW WHEAT FUT 0.19% 72,820 0.09%
Total 25.02% 61,380,406 100.00%
* 10y equivalents for 3 Month SOFR, Bank Acceptances, CORRA, and CAN 10YR Bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 97.83% 545,977,379 4.30%
Pure Cash 2.17% 12,091,895 0.00%
Total 100.00% 558,069,274 0.00%
Source: Bloomberg, Simplify

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
$0.73816
$0.00000
$0.00000
$0.30000
$0.00000
This Fund is required to meet the reporting requirement of Section 19(a) of the Investment Company Act of 1940 where the payment of any distribution is to be accompanied by a written notice that discloses the sources of a payment if it is made from any source other than the Fund's net income. The distribution may contain return of capital but an estimate cannot be provided at this time. Please refer to the 19a-1 notice for additional details regarding the distribution composition, once it is available.
View Distribution History
Supplemental Tax Information: S19(a) Notices

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