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CTA

Simplify Managed Futures Strategy ETF

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as of 12/20/2024

NAV

$ 28.67

NAV Change

- $ 0.03 /0.10%

Price

$ 28.70

Price Change

+ $ 0.14 /0.49%
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 12/20/2024

Ticker Symbol
CTA
Gross Expense Ratio
0.76%
CUSIP
82889N699
Total Assets
$427,289,628.29
Shares Outstanding
15,300,001
Distribution Rate as of 09/30/2024 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.
4.63%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 11/30/2024 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 11/30/2024
2.62%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 12/20/2024
0.12%
NAV Per Share as of 12/20/2024
$28.67
Market Price as of 12/20/2024
$28.70
30-Day Median Bid-Ask Spread
0.15%
Bid/Ask
$28.68/$28.71
Midpoint Price
$28.70
Volume
240,054
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 11/30/2024 09/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 3.65% 7.53% 3.41% 20.77% 17.82% 30.30%
Market Price 3.92% 7.95% 3.59% 20.55% 18.41% 29.08%
Annualized 1 Year 3 Year Since Inception
NAV 17.82% — 10.16%
Market Price 18.41% — 9.79%
Cumulative 1 Year Since Inception
NAV 3.27% 21.68%
Market Price 3.26% 20.72%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 3.27% — — 7.94%
Market Price 3.26% — — 7.62%
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 2023 3rd Quarter of 2024
Days Traded at Premium
114
36
Days Traded at Discount
136
28
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 12/20/2024

Holdings - All ETFs
Ticker Name Quantity Weight
BOF5 COM SOYBEAN OIL FUTR Jan25 19 0.11%
BOH5 COM SOYBEAN OIL FUTR Mar25 -561 -3.14%
BOK5 COM SOYBEAN OIL FUTR MAY25 -168 -0.95%
C H5 COM CORN FUTURE Mar25 4 0.02%
CCH5 COM COCOA FUTURE Mar25 272 7.61%
CCK5 COM COCOA FUTURE MAY25 141 3.68%
CCN5 COM COCOA FUTURE Jul25 66 1.63%
CLN5 COM WTI CRUDE FUTURE Jul25 2 0.03%
CLQ5 COM WTI CRUDE FUTURE Aug25 1 0.02%
CLU5 COM WTI CRUDE FUTURE Sep25 2 0.03%
CNH5 COM CAN 10YR BOND FUT Mar25 -142 -2.82%
CORH5 COM 3M CORRA Futures Mar25 -470 -18.57%
CORM5 COM 3M CORRA Futures Jun25 -383 -15.15%
CORU5 COM 3M CORRA Futures Sep25 -351 -13.89%
CTH5 COM COTTON NO.2 FUTR MAR25 -226 -1.80%
CTK5 COM COTTON NO.2 FUTR May25 -95 -0.77%
CTN5 COM COTTON NO.2 FUTR Jul25 -35 -0.29%
CVH5 COM CAN 2YR BOND FUT Mar25 -293 -5.00%
FCF5 COM CATTLE FEEDER FUT JAN25 191 5.71%
FCH5 COM CATTLE FEEDER FUT Mar25 335 10.03%
FCJ5 COM CATTLE FEEDER FUT Apr25 130 3.91%
GCG5 COM GOLD 100 OZ FUTR Feb25 44 2.72%
GCJ5 COM GOLD 100 OZ FUTR Apr25 46 2.87%
GCM5 COM GOLD 100 OZ FUTR Jun25 10 0.63%
HGH5 COM COPPER FUTURE Mar25 -111 -2.66%
HGK5 COM COPPER FUTURE MAY25 -6 -0.15%
HGN5 COM COPPER FUTURE Jul25 -2 -0.05%
HOG5 COM NY Harb ULSD Fut Feb25 -31 -0.68%
HOH5 COM NY Harb ULSD Fut Mar25 -6 -0.13%
HOJ5 COM NY Harb ULSD Fut Apr25 -7 -0.15%
HOK5 COM NY Harb ULSD Fut May25 -4 -0.09%
KCH5 COM COFFEE 'C' FUTURE Mar25 95 2.71%
KCK5 COM COFFEE 'C' FUTURE MAY25 66 1.85%
KCN5 COM COFFEE 'C' FUTURE Jul25 38 1.04%
KWH5 COM KC HRW WHEAT FUT Mar25 -200 -1.28%
KWK5 COM KC HRW WHEAT FUT May25 -32 -0.21%
KWN5 COM KC HRW WHEAT FUT JUL25 -20 -0.13%
LCG5 COM LIVE CATTLE FUTR FEB25 924 16.30%
LCJ5 COM LIVE CATTLE FUTR Apr25 608 10.82%
LCM5 COM LIVE CATTLE FUTR JUN25 206 3.57%
LHG5 COM LEAN HOGS FUTURE Feb25 318 2.56%
LHJ5 COM LEAN HOGS FUTURE APR25 243 2.06%
LHM5 COM LEAN HOGS FUTURE Jun25 62 0.59%
NGG25 COM NATURAL GAS FUTR Feb25 -143 -1.14%
NGH25 COM NATURAL GAS FUTR Mar25 -26 -0.18%
NGN25 COM NATURAL GAS FUTR Jul25 6 0.05%
NGQ25 COM NATURAL GAS FUTR Aug25 26 0.21%
NGU25 COM NATURAL GAS FUTR Sep25 55 0.44%
PAH5 COM PALLADIUM FUTURE Mar25 -29 -0.62%
PLF5 COM PLATINUM FUTURE Jan25 -24 -0.26%
RSH5 COM CANOLA FUTR (WCE) Mar25 -636 -1.27%
RSK5 COM CANOLA FUTR (WCE) May25 -153 -0.31%
S H5 COM SOYBEAN FUTURE Mar25 -695 -7.96%
S K5 COM SOYBEAN FUTURE MAY25 -196 -2.27%
S N5 COM SOYBEAN FUTURE Jul25 -72 -0.84%
SBH5 COM SUGAR #11 (WORLD) MAR25 -442 -2.26%
SBK5 COM SUGAR #11 (WORLD) MAY25 -226 -1.07%
SBN5 COM SUGAR #11 (WORLD) JUL25 -124 -0.57%
SFRM5 COM 3 MONTH SOFR FUT Jun25 -2,791 -156.62%
SFRU5 COM 3 MONTH SOFR FUT Sep25 -996 -55.93%
SFRZ5 COM 3 MONTH SOFR FUT Dec25 -307 -17.24%
SIH5 COM SILVER FUTURE Mar25 -40 -1.40%
SMF5 COM SOYBEAN MEAL FUTR Jan25 -31 -0.21%
SMH5 COM SOYBEAN MEAL FUTR Mar25 -312 -2.21%
SMK5 COM SOYBEAN MEAL FUTR May25 -8 -0.06%
TUH5 COM US 2YR NOTE (CBT) Mar25 -1,429 -68.70%
W H5 COM WHEAT FUTURE(CBT) Mar25 -264 -1.65%
W K5 COM WHEAT FUTURE(CBT) May25 -42 -0.27%
W N5 COM WHEAT FUTURE(CBT) Jul25 -18 -0.12%
WNH5 COM US ULTRA BOND CBT Mar25 -16 -0.45%
XBG5 COM GASOLINE RBOB FUT Feb25 -70 -1.34%
XBH5 COM GASOLINE RBOB FUT Mar25 -26 -0.50%
XQH5 COM CAN 5YR BOND FUT Mar25 -285 -5.24%
- TREASURY BILL DN 1/25 104,300,000 24.35%
- TREASURY BILL DN 1/25 7,500,000 1.75%
- TREASURY BILL DN 2/25 24,767,000 5.76%
- TREASURY BILL DN 2/25 17,533,000 4.08%
- TREASURY BIL 0.0 3/25 70,900,000 16.44%
- TREASURY BIL 0.0 3/25 9,500,000 2.20%
- TREASURY BILL DN 4/25 133,900,000 30.98%
- TREASURY BILL DN 4/25 66,000,000 15.27%
- CANADIAN DOLLAR 3,533,102 0.58%
- CANADIAN DOLLAR 664,390 0.11%
- Estimated Cash -21,590,100 -5.03%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
COCOA FUTURE 12.93% 6,136,895 22.37%
LIVE CATTLE FUTR 30.68% 4,205,960 10.01%
COFFEE 'C' FUTURE 5.60% 1,992,660 8.20%
CATTLE FEEDER FUT 19.65% 2,976,272 7.46%
3 MONTH SOFR FUT -7.23% 3,123,485 6.25%
SOYBEAN FUTURE -11.07% 1,975,270 6.03%
SOYBEAN OIL FUTR -3.98% 1,300,090 4.51%
GOLD 100 OZ FUTR 6.22% 1,265,000 4.48%
LEAN HOGS FUTURE 5.21% 1,027,950 3.73%
NATURAL GAS FUTR -0.63% 1,209,230 3.42%
SUGAR #11 (WORLD) -3.90% 1,119,299 3.38%
US 2YR NOTE (CBT) -68.69% 1,886,280 3.24%
SOYBEAN MEAL FUTR -2.48% 774,730 1.72%
CANOLA FUTR (WCE) -1.58% 392,879 1.58%
COPPER FUTURE -2.86% 785,400 1.57%
GASOLINE RBOB FUT -1.85% 525,140 1.50%
SILVER FUTURE -1.40% 506,000 1.47%
3M CORRA FUTURES -1.50% 531,997 1.34%
COTTON NO.2 FUTR -2.86% 703,638 1.33%
WHEAT FUTURE(CBT) -2.03% 615,120 1.23%
KC HRW WHEAT FUT -1.61% 518,760 1.05%
CAN 5YR BOND FUT -5.24% 287,203 0.86%
NY HARB ULSD FUT -1.05% 303,050 0.83%
PALLADIUM FUTURE -0.62% 382,800 0.81%
CAN 10YR BOND FUT -2.64% 241,595 0.80%
CAN 2YR BOND FUT -5.00% 139,776 0.35%
US ULTRA BOND CBT -0.45% 96,800 0.23%
PLATINUM FUTURE -0.26% 73,920 0.21%
WTI CRUDE FUTURE 0.08% 23,100 0.04%
CORN FUTURE 0.02% 4,620 0.01%
Total -48.55% 35,124,920 100.00%
* 10y equivalents for 3 Month SOFR, Bank Acceptances, CORRA, and CAN 10YR Bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 100.82% 430,770,367 4.29%
Pure Cash -0.81% -3,480,738 0.00%
Total 100.00% 427,289,628 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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