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CTA

Simplify Managed Futures Strategy ETF

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as of 03/21/2025

NAV

$ 29.58

NAV Change

- $ 0.31 /1.04%

Price

$ 29.67

Price Change

- $ 0.25 /0.84%
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 03/21/2025

Ticker Symbol
CTA
Gross Expense Ratio
0.76%
CUSIP
82889N699
Total Assets
$941,524,301.43
Shares Outstanding
31,825,001
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 02/28/2025 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 02/28/2025
2.54%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 03/21/2025
0.29%
NAV Per Share as of 03/21/2025
$29.58
Market Price as of 03/21/2025
$29.67
30-Day Median Bid-Ask Spread
0.10%
Bid/Ask
$29.64/$29.66
Midpoint Price
$29.65
Volume
610,498
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 Fees0.75%
Distribution and Service (12b-1) Fees0.00%
Other Expenses10.01%
Total Annual Fund Operating Expenses0.76%

1. Other Expenses includes interest expenses of 0.01%.

Fund Performance (Total Return)

As of 02/28/2025 12/31/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 0.36% 6.15% 14.14% 3.24% 19.77% 38.31%
Market Price 0.81% 6.09% 14.52% 3.01% 19.81% 36.93%
Annualized 1 Year 3 Year Since Inception
NAV 19.77% — 11.49%
Market Price 19.81% — 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 03/21/2025

Holdings - All ETFs
Ticker Name Quantity Weight
BOK5 COM SOYBEAN OIL FUTR MAY25 -467 -1.25%
BON5 COM SOYBEAN OIL FUTR JUL25 -79 -0.21%
BOQ5 COM SOYBEAN OIL FUTR Aug25 -7 -0.02%
C N5 COM CORN FUTURE Jul25 88 0.22%
C U5 COM CORN FUTURE Sep25 148 0.35%
CCK5 COM COCOA FUTURE MAY25 -45 -0.37%
CLK5 COM WTI CRUDE FUTURE MAY25 -555 -4.03%
CLM5 COM WTI CRUDE FUTURE JUN25 -512 -3.69%
CLN5 COM WTI CRUDE FUTURE Jul25 -220 -1.58%
CLQ5 COM WTI CRUDE FUTURE Aug25 -111 -0.79%
CLU5 COM WTI CRUDE FUTURE Sep25 -139 -0.98%
CLV5 COM WTI CRUDE FUTURE Oct25 -47 -0.33%
CLX5 COM WTI CRUDE FUTURE Nov25 -29 -0.20%
CLZ5 COM WTI CRUDE FUTURE Dec25 -34 -0.24%
CNM5 COM CAN 10YR BOND FUT Jun25 3,566 32.76%
CORH6 COM 3M CORRA Futures Mar26 453 8.20%
CORM5 COM 3M CORRA Futures Jun25 439 7.92%
CORU5 COM 3M CORRA Futures Sep25 1,004 18.16%
CORZ5 COM 3M CORRA Futures Dec25 930 16.83%
CTK5 COM COTTON NO.2 FUTR May25 -1,328 -4.60%
CTN5 COM COTTON NO.2 FUTR Jul25 -1,016 -3.60%
CTZ5 COM COTTON NO.2 FUTR Dec25 -310 -1.13%
CVM5 COM CAN 2YR BOND FUT Jun25 94 0.74%
FCJ5 COM CATTLE FEEDER FUT Apr25 18 0.27%
FCK5 COM CATTLE FEEDER FUT May25 736 11.14%
FCQ5 COM CATTLE FEEDER FUT Aug25 385 5.91%
GCJ5 COM GOLD 100 OZ FUTR Apr25 6 0.19%
GCM5 COM GOLD 100 OZ FUTR Jun25 846 27.39%
GCQ5 COM GOLD 100 OZ FUTR Aug25 74 2.42%
HGK5 COM COPPER FUTURE MAY25 642 8.72%
HGN5 COM COPPER FUTURE Jul25 91 1.25%
HGU5 COM COPPER FUTURE Sep25 19 0.26%
HOK5 COM NY Harb ULSD Fut May25 -168 -1.66%
HOM5 COM NY HARB ULSD FUT JUN25 -71 -0.69%
HON5 COM NY Harb ULSD Fut Jul25 -18 -0.17%
KCK5 COM COFFEE 'C' FUTURE MAY25 402 6.27%
KCN5 COM COFFEE 'C' FUTURE Jul25 342 5.25%
KCU5 COM COFFEE 'C' FUTURE Sep25 161 2.43%
KWK5 COM KC HRW WHEAT FUT May25 98 0.31%
KWN5 COM KC HRW WHEAT FUT JUL25 84 0.27%
KWU5 COM KC HRW WHEAT FUT Sep25 -3 -0.01%
LCJ5 COM LIVE CATTLE FUTR Apr25 46 0.40%
LCM5 COM LIVE CATTLE FUTR JUN25 1,862 16.04%
LCQ5 COM LIVE CATTLE FUTR Aug25 847 7.17%
LHJ5 COM LEAN HOGS FUTURE APR25 -51 -0.19%
LHM5 COM LEAN HOGS FUTURE Jun25 -748 -3.10%
LHN5 COM LEAN HOGS FUTURE Jul25 -249 -1.04%
NGK25 COM NATURAL GAS FUTR May25 235 1.00%
NGU25 COM NATURAL GAS FUTR Sep25 82 0.39%
NGV25 COM NATURAL GAS FUTR Oct25 190 0.91%
NGX25 COM NATURAL GAS FUTR Nov25 37 0.19%
NGZ25 COM NATURAL GAS FUTR Dec25 15 0.08%
PAM5 COM PALLADIUM FUTURE Jun25 16 0.16%
PLJ5 COM PLATINUM FUTURE Apr25 268 1.39%
RSK5 COM CANOLA FUTR (WCE) May25 15 0.01%
S K5 COM SOYBEAN FUTURE MAY25 -1,096 -5.88%
S N5 COM SOYBEAN FUTURE Jul25 -323 -1.75%
S Q5 COM SOYBEAN FUTURE Aug25 -31 -0.17%
S U5 COM SOYBEAN FUTURE Sep25 -19 -0.10%
SBK5 COM SUGAR #11 (WORLD) MAY25 630 1.48%
SBN5 COM SUGAR #11 (WORLD) JUL25 172 0.40%
SBV5 COM SUGAR #11 (WORLD) Oct25 54 0.13%
SFRH6 COM 3 MONTH SOFR FUT MAR26 3,021 77.38%
SFRM6 COM 3 MONTH SOFR FUT Jun26 2,054 52.64%
SFRU5 COM 3 MONTH SOFR FUT Sep25 2,537 64.79%
SFRZ5 COM 3 MONTH SOFR FUT Dec25 3,632 92.92%
SIK5 COM SILVER FUTURE MAY25 578 10.28%
SIN5 COM SILVER FUTURE Jul25 41 0.74%
SIU5 COM SILVER FUTURE Sep25 12 0.22%
SMK5 COM SOYBEAN MEAL FUTR May25 -840 -2.68%
SMN5 COM SOYBEAN MEAL FUTR Jul25 -237 -0.77%
SMQ5 COM SOYBEAN MEAL FUTR Aug25 -40 -0.13%
TUM5 COM US 2YR NOTE (CBT) Jun25 1,388 30.53%
USM5 COM US LONG BOND(CBT) Jun25 753 9.39%
UXYM5 COM US 10yr Ultra Fut Jun25 1,082 13.11%
W K5 COM WHEAT FUTURE(CBT) May25 -45 -0.13%
W N5 COM WHEAT FUTURE(CBT) Jul25 -3 -0.01%
W U5 COM WHEAT FUTURE(CBT) Sep25 -7 -0.02%
WNM5 COM US ULTRA BOND CBT Jun25 1,687 21.94%
XBK5 COM GASOLINE RBOB FUT May25 -361 -3.54%
XBM5 COM GASOLINE RBOB FUT Jun25 -177 -1.73%
XBN5 COM GASOLINE RBOB FUT Jul25 -66 -0.64%
XQM5 COM CAN 5YR BOND FUT Jun25 1,836 15.74%
- TREASURY BILL DN 4/25 218,100,000 23.14%
- TREASURY BILL DN 4/25 69,200,000 7.34%
- TREASURY BILL DN 4/25 126,000,000 13.36%
- TREASURY BILL DN 4/25 20,000,000 2.12%
- TREASURY BILL DN 6/25 153,700,000 16.16%
- TREASURY BILL DN 6/25 46,000,000 4.84%
- TREASURY BILL DN 7/25 225,000,000 23.60%
- TREASURY BILL DN 7/25 84,500,000 8.86%
- CANADIAN DOLLAR 1,111,870 0.08%
- CANADIAN DOLLAR -93,364 -0.01%
- Estimated Cash -15,834,040 -1.60%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
COFFEE 'C' FUTURE 13.94% 9,934,700 13.53%
GOLD 100 OZ FUTR 30.00% 12,732,500 10.34%
LIVE CATTLE FUTR 23.62% 6,667,100 6.99%
US ULTRA BOND CBT 21.94% 9,556,855 6.64%
COPPER FUTURE 10.23% 5,790,400 6.46%
3 MONTH SOFR FUT 9.12% 8,630,312 6.33%
SILVER FUTURE 11.23% 8,329,200 5.96%
CAN 10YR BOND FUT 29.97% 6,287,532 5.28%
CATTLE FEEDER FUT 17.32% 5,167,643 5.01%
WTI CRUDE FUTURE -11.83% 8,545,947 4.42%
COTTON NO.2 FUTR -9.34% 4,120,536 3.89%
NATURAL GAS FUTR 2.58% 1,806,410 2.99%
GASOLINE RBOB FUT -5.91% 3,344,388 2.76%
LEAN HOGS FUTURE -4.33% 1,959,760 2.55%
SOYBEAN FUTURE -7.90% 3,183,180 2.35%
US LONG BOND(CBT) 9.39% 3,064,710 2.22%
US 10YR ULTRA FUT 13.11% 3,035,010 2.11%
CAN 5YR BOND FUT 15.74% 1,886,030 1.50%
SUGAR #11 (WORLD) 2.00% 1,076,673 1.27%
NY HARB ULSD FUT -2.52% 1,736,561 1.27%
SOYBEAN MEAL FUTR -3.58% 2,545,400 1.26%
US 2YR NOTE (CBT) 30.53% 1,832,160 1.06%
3M CORRA FUTURES 1.62% 1,479,813 0.98%
PLATINUM FUTURE 1.39% 884,400 0.73%
SOYBEAN OIL FUTR -1.48% 1,084,710 0.73%
COCOA FUTURE -0.37% 587,898 0.54%
KC HRW WHEAT FUT 0.57% 376,750 0.36%
CORN FUTURE 0.57% 255,456 0.21%
PALLADIUM FUTURE 0.16% 211,200 0.11%
WHEAT FUTURE(CBT) -0.16% 104,005 0.09%
CAN 2YR BOND FUT 0.74% 42,647 0.02%
CANOLA FUTR (WCE) 0.01% 7,474 0.01%
Total 198.35% 116,267,360 100.00%
* 10y equivalents for 3 Month SOFR, Bank Acceptances, CORRA, and CAN 10YR Bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 99.43% 936,169,801 4.28%
Pure Cash 0.57% 5,354,500 0.00%
Total 100.00% 941,524,301 0.00%
Source: Bloomberg, Simplify

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.00000
$0.00000
$0.73816
$0.00000
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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