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CTA

Simplify Managed Futures Strategy ETF

Morningstar
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Overall and 3-year ratings are based on risk-adjusted returns among 61 funds in the Fund Systematic Trend category as of 04/30/26.
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As of 05/27/2026

NAV

$ 29.08

NAV Change

- $ 0.72 /2.42%

Price

$ 29.23

Price Change

- $ 0.61 /2.04%
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

Four Years In: What CTA Has Historically Delivered for Investor Portfolios

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CTA At-A-Glance

What's Trending in CTA | Ep. 11

Fund Overview

As of 05/27/2026

Ticker Symbol
CTA
Expense Ratio
0.75%
CUSIP
82889N699
Total Assets
$1,565,097,281.49
Shares Outstanding
53,825,001
Distribution Rate as of 04/30/2026 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.
5.58%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 04/30/2026
-
30-Day SEC Yield (Unsubsidized) as of 04/30/2026
1.54%
Options Available
Yes
Inception Date
03/07/2022
Premium/Discount (%) as of 05/27/2026
0.52%
NAV Per Share as of 05/27/2026
$29.08
Market Price as of 05/27/2026
$29.23
30-Day Median Bid-Ask Spread
0.16%
Bid/Ask
$29.22/$29.23
Midpoint Price
$29.23
Volume
560,838
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 may include a combination of ordinary dividends, capital gains, and return of investor capital and has the potential to change during any given tax year. Please refer to the 19a-1 Notice, which can be found on the Fund’s website, for information regarding the composition of distributions, including return of capital. The final determination of a distribution’s tax character will be made on Form 1099-DIV.

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 Fees0.75%
Distribution and Service (12b-1) Fees0.00%
Other Expenses0.00%
Total Annual Fund Operating Expenses0.75%

Fund Performance (Total Return)

As of 04/30/2026 03/31/2026

Monthly Quarterly Annually
Cumulative 1 Month 3 Month 6 Month YTD 1 Year 3 Year 5 Year Since Inception
NAV 7.92% 17.30% 21.87% 20.49% 20.39% 53.48% — 63.54%
Market Price 7.57% 17.07% 21.91% 20.89% 20.73% 53.98% — 62.12%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 20.39% 15.35% — 12.59%
Market Price 20.73% 15.47% — 12.36%
Cumulative 1 Year 3 Year 5 Year Since Inception
NAV 6.28% 52.09% — 51.53%
Market Price 6.39% 52.80% — 50.71%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 6.28% 15.00% — 10.76%
Market Price 6.39% 15.18% — 10.62%
Calendar Year NAV Market Price
2025 1.31% 0.89%
2024 24.18% 24.15%
2023 -3.52% -2.25%
2022 — —
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.

Growth of $10,000

The Growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance. 

Historical Premium/Discount

Calendar Year 2025 1st Quarter of 2026
Days Traded at Premium
170
31
Days Traded at Discount
80
30
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 05/27/2026

Holdings - All ETFs
Ticker Name Quantity Weight
SBIL SIMPLIFY GOVT MNY MRKT ET 9,617,048 61.48%
SBIL SIMPLIFY GOVT MNY MRKT ET 1,413,308 9.04%
BON6 COM SOYBEAN OIL FUTR Jul26 1,689 4.87%
BOQ6 COM SOYBEAN OIL FUTR Aug26 356 1.00%
BOU6 COM SOYBEAN OIL FUTR Sep26 172 0.48%
C N6 COM CORN FUTURE Jul26 797 1.15%
C U6 COM CORN FUTURE Sep26 251 0.37%
C Z6 COM CORN FUTURE Dec26 366 0.56%
CAU6 COM MILL WHEAT EURO Sep26 6 0.00%
CAZ6 COM MILL WHEAT EURO Dec26 5 0.00%
CCN6 COM COCOA FUTURE Jul26 -597 -1.58%
CCU6 COM COCOA FUTURE Sep26 -379 -1.02%
CCZ6 COM COCOA FUTURE Dec26 -156 -0.43%
CLF7 COM WTI CRUDE FUTURE Jan27 43 0.21%
CLG7 COM WTI CRUDE FUTURE Feb27 9 0.04%
CLN6 COM WTI CRUDE FUTURE Jul26 246 1.39%
CLQ6 COM WTI CRUDE FUTURE Aug26 107 0.59%
CLU6 COM WTI CRUDE FUTURE Sep26 81 0.43%
CLV6 COM WTI CRUDE FUTURE Oct26 78 0.41%
CLX6 COM WTI CRUDE FUTURE Nov26 78 0.40%
CLZ6 COM WTI CRUDE FUTURE Dec26 271 1.35%
CNU6 COM CAN 10YR BOND FUT Sep26 3,270 18.12%
CON6 COM BRENT CRUDE FUTR Jul26 4,924 29.67%
COQ6 COM BRENT CRUDE FUTR Aug26 1,978 11.66%
CTH7 COM COTTON NO.2 FUTR Mar27 12 0.03%
CTN6 COM COTTON NO.2 FUTR Jul26 718 1.75%
CTZ6 COM COTTON NO.2 FUTR Dec26 282 0.71%
CVU6 COM CAN 2YR BOND FUT Sep26 94 0.46%
DFN6 COM COFF ROBUSTA 10tn Jul26 -63 -0.14%
DFU6 COM COFF ROBUSTA 10tn Sep26 -22 -0.05%
DFX6 COM COFF ROBUSTA 10tn Nov26 -2 0.00%
DUM6 COM EURO-SCHATZ FUT Jun26 -381 -3.00%
ERH7 COM 3MO EURO EURIBOR Mar27 -2,371 -42.85%
ERM6 COM 3MO EURO EURIBOR Jun26 -1,631 -29.59%
ERM7 COM 3MO EURO EURIBOR Jun27 -1,295 -23.40%
ERU6 COM 3MO EURO EURIBOR SEP26 -2,767 -50.08%
ERU7 COM 3MO EURO EURIBOR SEP27 -511 -9.24%
ERZ7 COM 3MO EURO EURIBOR Dec27 -102 -1.85%
FCQ6 COM CATTLE FEEDER FUT Aug26 890 10.08%
FCU6 COM CATTLE FEEDER FUT Sep26 157 1.76%
FCV6 COM CATTLE FEEDER FUT Oct26 60 0.67%
G U6 COM LONG GILT FUTURE Sep26 1,518 11.50%
GCQ6 COM GOLD 100 OZ FUTR Aug26 94 2.69%
GCZ6 COM GOLD 100 OZ FUTR Dec26 8 0.23%
HGN6 COM COPPER FUTURE Jul26 620 6.28%
HGU6 COM COPPER FUTURE Sep26 130 1.33%
HGZ6 COM COPPER FUTURE Dec26 32 0.33%
HON6 COM NY Harb ULSD Fut Jul26 196 1.86%
HOQ6 COM NY Harb ULSD Fut Aug26 65 0.60%
HOU6 COM NY Harb ULSD Fut Sep26 50 0.46%
HOV6 COM NY Harb ULSD Fut Oct26 6 0.05%
IJG7 COM RAPESEED EURO Feb27 12 0.02%
IJQ6 COM RAPESEED EURO Aug26 1,627 3.18%
IJX6 COM RAPESEED EURO Nov26 730 1.43%
IKM6 COM Euro-BTP Future Jun26 12 0.11%
KCN6 COM COFFEE 'C' FUTURE Jul26 -48 -0.31%
KCU6 COM COFFEE 'C' FUTURE Sep26 -28 -0.18%
KCZ6 COM COFFEE 'C' FUTURE Dec26 -9 -0.05%
KWN6 COM KC HRW WHEAT FUT Jul26 67 0.14%
KWU6 COM KC HRW WHEAT FUT Sep26 17 0.04%
LCM6 COM LIVE CATTLE FUTR Jun26 364 2.34%
LCQ6 COM LIVE CATTLE FUTR Aug26 1,481 9.18%
LCV6 COM LIVE CATTLE FUTR Oct26 621 3.71%
LHN6 COM LEAN HOGS FUTURE Jul26 -13 -0.03%
NGF27 COM NATURAL GAS FUTR Jan27 -408 -1.13%
NGG27 COM NATURAL GAS FUTR Feb27 -113 -0.28%
NGN26 COM NATURAL GAS FUTR Jul26 -736 -1.46%
NGQ26 COM NATURAL GAS FUTR Aug26 -325 -0.65%
NGU26 COM NATURAL GAS FUTR Sep26 -305 -0.60%
NGV26 COM NATURAL GAS FUTR Oct26 -454 -0.91%
NGX26 COM NATURAL GAS FUTR Nov26 -266 -0.57%
NGZ26 COM NATURAL GAS FUTR Dec26 -277 -0.70%
OATM6 COM Euro-OAT Future Jun26 -27 -0.24%
OEM6 COM EURO-BOBL FUTURE Jun26 -3,523 -30.31%
PAU6 COM PALLADIUM FUTURE Sep26 82 0.74%
PLN6 COM PLATINUM FUTURE Jul26 429 2.64%
QCN6 COM COCOA FUTURE - IC Jul26 -47 -0.13%
QCU6 COM COCOA FUTURE - IC Sep26 -48 -0.13%
QCZ6 COM COCOA FUTURE - IC Dec26 1 0.00%
QSN6 COM Low Su Gasoil G Jul26 27 0.18%
QSQ6 COM Low Su Gasoil G Aug26 28 0.18%
QSU6 COM Low Su Gasoil G Sep26 2 0.01%
QWQ6 COM WHITE SUGAR (ICE) Aug26 -75 -0.10%
QWV6 COM WHITE SUGAR (ICE) Oct26 -19 -0.03%
QWZ6 COM WHITE SUGAR (ICE) Dec26 -10 -0.01%
RSN6 COM CANOLA FUTR (WCE) Jul26 1,356 0.95%
RSX6 COM CANOLA FUTR (WCE) Nov26 637 0.45%
RXM6 COM EURO-BUND FUTURE Jun26 -2,308 -21.60%
S N6 COM SOYBEAN FUTURE Jul26 238 0.90%
S Q6 COM SOYBEAN FUTURE Aug26 46 0.17%
S U6 COM SOYBEAN FUTURE Sep26 25 0.09%
SBH7 COM SUGAR #11 (WORLD) Mar27 -238 -0.26%
SBN6 COM SUGAR #11 (WORLD) Jul26 -1,618 -1.64%
SBV6 COM SUGAR #11 (WORLD) Oct26 -838 -0.88%
SFIM6 COM ICE 3MTH SONIA FU Jun26 -199 -4.11%
SFIU6 COM ICE 3MTH SONIA FU SEP26 -14 -0.29%
SFIZ6 COM ICE 3MTH SONIA FU Dec26 -21 -0.43%
SFRH7 COM 3 MONTH SOFR FUT Mar27 -163 -2.50%
SFRU6 COM 3 MONTH SOFR FUT Sep26 -20 -0.31%
SFRZ6 COM 3 MONTH SOFR FUT DEC26 -746 -11.46%
SIN6 COM SILVER FUTURE Jul26 216 5.17%
SIU6 COM SILVER FUTURE Sep26 20 0.48%
SIZ6 COM SILVER FUTURE Dec26 6 0.15%
SMN6 COM SOYBEAN MEAL FUTR Jul26 -209 -0.44%
SMQ6 COM SOYBEAN MEAL FUTR Aug26 -50 -0.10%
SMU6 COM SOYBEAN MEAL FUTR Sep26 -23 -0.05%
SSYH7 COM Three-Month SARON Mar27 96 1.95%
SSYZ6 COM Three-Month SARON Dec26 19 0.39%
TKYM6 COM Three Month ESTR Jun26 -525 -9.54%
TKYU6 COM Three Month ESTR Sep26 -962 -17.44%
TKYZ6 COM Three Month ESTR Dec26 -1,194 -21.62%
TUU6 COM US 2YR NOTE (CBT) Sep26 -767 -10.12%
TYU6 COM US 10YR NOTE (CBT)Sep26 -559 -3.92%
UBM6 COM EURO-BUXL 30Y BND Jun26 -528 -4.28%
USU6 COM US LONG BOND(CBT) Sep26 -1,028 -7.35%
UXYU6 COM US 10yr Ultra Fut Sep26 -463 -3.31%
W N6 COM WHEAT FUTURE(CBT) Jul26 80 0.16%
W U6 COM WHEAT FUTURE(CBT) Sep26 28 0.06%
WNU6 COM US ULTRA BOND CBT Sep26 -549 -4.00%
XBN6 COM GASOLINE RBOB FUT Jul26 323 2.66%
XBQ6 COM GASOLINE RBOB FUT Aug26 152 1.22%
XBU6 COM GASOLINE RBOB FUT Sep26 74 0.58%
XBV6 COM GASOLINE RBOB FUT Oct26 3 0.02%
XQU6 COM CAN 5YR BOND FUT Sep26 155 0.81%
- TREASURY BILL DN 7/26 15,000,000 0.95%
- TREASURY BILL DN 7/26 52,000,000 3.31%
- TREASURY BILL DN 7/26 18,000,000 1.14%
- TREASURY BILL DN 7/26 68,000,000 4.32%
- TREASURY BILL DN 8/26 70,000,000 4.44%
- TREASURY BILL DN 8/26 50,000,000 3.17%
- TREASURY BILL DN 8/26 54,000,000 3.42%
- TREASURY BILL DN 8/26 50,000,000 3.17%
- TREASURY BILL DN 9/26 32,000,000 2.02%
- TREASURY BILL DN 9/26 40,000,000 2.53%
- EURO 8,243,329 0.61%
- EURO 5,801,261 0.43%
- POUND STERLING 2,135,279 0.18%
- POUND STERLING 1,776,824 0.15%
- CANADIAN DOLLAR 1,344,284 0.06%
- SWISS FRANC -4,538 0.00%
- CANADIAN DOLLAR -189,970 -0.01%
- DREYFUS TRSY OBLIG CASH M 5,662,434 0.36%
- Estimated Cash 47,903,981 3.05%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
BRENT CRUDE FUTR 41.32% 83,401,420 42.49%
SILVER FUTURE 5.80% 11,228,074 5.17%
LIVE CATTLE FUTR 15.23% 8,951,580 3.84%
CATTLE FEEDER FUT 12.52% 7,306,200 3.79%
COCOA FUTURE -3.03% 7,145,168 3.65%
COPPER FUTURE 7.94% 10,322,400 3.59%
GASOLINE RBOB FUT 4.47% 4,907,462 3.46%
WTI CRUDE FUTURE 4.82% 8,284,767 3.27%
NATURAL GAS FUTR -6.29% 7,756,842 2.89%
NY HARB ULSD FUT 2.97% 4,084,045 2.62%
3MO EURO EURIBOR -19.67% 6,206,955 2.48%
SOYBEAN OIL FUTR 6.35% 5,053,730 2.33%
LONG GILT FUTURE 16.15% 5,129,920 2.33%
CAN 10YR BOND FUT 16.47% 5,151,596 2.14%
EURO-BUND FUTURE -21.60% 5,162,297 2.01%
PLATINUM FUTURE 2.64% 5,065,203 1.68%
RAPESEED EURO 4.63% 0 1.44%
COTTON NO.2 FUTR 2.49% 2,272,803 1.33%
SUGAR #11 (WORLD) -2.78% 2,297,635 1.29%
US LONG BOND(CBT) -11.17% 4,183,960 1.12%
GOLD 100 OZ FUTR 2.92% 3,056,458 0.92%
CORN FUTURE 2.08% 1,656,875 0.75%
EURO-BUXL 30Y BND -4.28% 2,315,195 0.74%
THREE MONTH ESTR -6.09% 1,825,789 0.70%
US ULTRA BOND CBT -7.62% 3,110,085 0.65%
PALLADIUM FUTURE 0.74% 1,524,872 0.46%
CANOLA FUTR (WCE) 1.40% 974,423 0.45%
US 10YR ULTRA FUT -3.31% 1,298,715 0.35%
SOYBEAN FUTURE 1.17% 738,375 0.33%
COCOA FUTURE - IC -0.25% 709,513 0.32%
COFFEE 'C' FUTURE -0.54% 563,612 0.26%
US 2YR NOTE (CBT) -2.43% 1,012,440 0.26%
3 MONTH SOFR FUT -1.79% 840,403 0.21%
SOYBEAN MEAL FUTR -0.59% 474,265 0.18%
WHEAT FUTURE(CBT) 0.22% 228,580 0.13%
KC HRW WHEAT FUT 0.18% 183,865 0.10%
CAN 5YR BOND FUT 0.44% 154,171 0.06%
WHITE SUGAR (ICE) -0.14% 156,143 0.06%
ICE 3MTH SONIA FU -0.60% 343,092 0.05%
EURO-OAT FUTURE -0.23% 63,985 0.03%
THREE-MONTH SARON 0.29% 69,038 0.02%
CAN 2YR BOND FUT 0.11% 43,795 0.01%
EURO-BTP FUTURE 0.11% 35,483 0.01%
LEAN HOGS FUTURE -0.03% 24,310 0.01%
MILL WHEAT EURO 0.01% 0 0.00%
Total 61.02% 215,315,541 100.00%
* 10y equivalents for interest rate and bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 28.48% 445,683,454 3.67%
Money Market 70.51% 1,103,587,118 0.00%
Pure Cash 1.01% 15,826,710 0.00%
Total 100.00% 1,565,097,281 0.00%
Source: Bloomberg, Simplify

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.15000
$0.15000
$0.15000
$0.15000
View Distribution History
S19(a) Notices Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.
S19(a) Notices Close
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.

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