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CTA

Simplify Managed Futures Strategy ETF

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as of 09/27/2024

NAV

$ 26.10

NAV Change

- $ 0.05 /0.19%

Price

$ 26.13

Price Change

- $ 0.07 /0.27%
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

Fund Overview

As of 09/27/2024

Ticker Symbol
CTA
Gross Expense Ratio
0.78%
CUSIP
82889N699
Total Assets
$285,824,355.79
Shares Outstanding
10,950,001
Distribution Rate as of 06/30/2024 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.
2.23%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 08/31/2024 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 08/31/2024
3.06%
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 09/27/2024
0.10%
NAV Per Share as of 09/27/2024
$26.10
Market Price as of 09/27/2024
$26.13
30-Day Median Bid-Ask Spread
0.19%
Bid/Ask
$26.09/$26.16
Midpoint Price
$26.13
Volume
71,566
NAV Symbol
CTA.NV
IOPV Symbol
CTA.IV
Shares Out. Symbol
CTA.SO
Schedule K-1
No

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 0.03%
Total Annual Fund Operating Expenses 0.78%
1. Amount of interest expense included in percentage.

Fund Performance

As of 07/31/2024 06/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -3.80% -5.17% 10.83% 11.53% 9.54% 20.33%
Market Price -4.16% -5.28% 9.81% 10.59% 9.15% 18.42%
Annualized 1 Year 3 Year Since Inception
NAV 9.54% — 8.01%
Market Price 9.15% — 7.31%
Cumulative 1 Year Since Inception
NAV 14.52% 25.08%
Market Price 14.61% 23.56%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV 14.52% — — 10.15%
Market Price 14.61% — — 9.58%
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 09/27/2024

Holdings - All ETFs
Ticker Name Quantity Weight
BOF5 COM SOYBEAN OIL FUTR Jan25 109 0.97%
BOH5 COM SOYBEAN OIL FUTR Mar25 55 0.49%
BOZ4 COM SOYBEAN OIL FUTR Dec24 538 4.78%
C H5 COM CORN FUTURE Mar25 -98 -0.75%
C K5 COM CORN FUTURE May25 -119 -0.93%
C Z4 COM CORN FUTURE DEC24 -147 -1.07%
CCH5 COM COCOA FUTURE Mar25 152 3.60%
CCK5 COM COCOA FUTURE MAY25 56 1.23%
CCZ4 COM COCOA FUTURE Dec24 175 5.07%
CLJ5 COM WTI CRUDE FUTURE Apr25 -14 -0.33%
CLK5 COM WTI CRUDE FUTURE May25 -14 -0.33%
CLM5 COM WTI CRUDE FUTURE JUN25 -22 -0.51%
CLX4 COM WTI CRUDE FUTURE NOV24 -42 -1.00%
CLZ4 COM WTI CRUDE FUTURE DEC24 -101 -2.39%
CNZ4 COM CAN 10YR BOND FUT Dec24 -984 -31.84%
CORH5 COM 3M CORRA Futures Mar25 -16 -1.01%
CORM5 COM 3M CORRA Futures Jun25 -25 -1.58%
CORU5 COM 3M CORRA Futures Sep25 -9 -0.57%
CTK5 COM COTTON NO.2 FUTR May25 -4 -0.05%
CTZ4 COM COTTON NO.2 FUTR Dec24 20 0.25%
CVZ4 COM CAN 2YR BOND FUT Dec24 -108 -2.94%
FCF5 COM CATTLE FEEDER FUT JAN25 104 4.36%
FCV4 COM CATTLE FEEDER FUT Oct24 12 0.52%
FCX4 COM CATTLE FEEDER FUT Nov24 196 8.42%
FVZ4 COM US 5YR NOTE (CBT) DEC24 -99 -3.82%
GCG5 COM GOLD 100 OZ FUTR Feb25 8 0.75%
GCJ5 COM GOLD 100 OZ FUTR Apr25 2 0.19%
GCZ4 COM GOLD 100 OZ FUTR DEC24 99 9.24%
HGH5 COM COPPER FUTURE Mar25 40 1.62%
HGK5 COM COPPER FUTURE MAY25 9 0.37%
HGZ4 COM COPPER FUTURE DEC24 215 8.65%
HOF5 COM NY HARB ULSD FUT JAN25 -7 -0.22%
HOX4 COM NY Harb ULSD Fut Nov24 -197 -6.23%
HOZ4 COM NY HARB ULSD FUT DEC24 -25 -0.79%
KCH5 COM COFFEE 'C' FUTURE Mar25 37 1.30%
KCK5 COM COFFEE 'C' FUTURE MAY25 17 0.59%
KCZ4 COM COFFEE 'C' FUTURE Dec24 98 3.46%
KWH5 COM KC HRW WHEAT FUT Mar25 116 1.20%
KWK5 COM KC HRW WHEAT FUT May25 49 0.52%
KWZ4 COM KC HRW WHEAT FUT Dec24 272 2.74%
LCG5 COM LIVE CATTLE FUTR FEB25 135 3.51%
LCV4 COM LIVE CATTLE FUTR Oct24 7 0.18%
LCZ4 COM LIVE CATTLE FUTR Dec24 282 7.28%
LHG5 COM LEAN HOGS FUTURE Feb25 90 0.98%
LHZ4 COM LEAN HOGS FUTURE Dec24 109 1.12%
NGF25 COM NATURAL GAS FUTR Jan25 95 1.19%
NGK25 COM NATURAL GAS FUTR May25 5 0.05%
NGM25 COM NATURAL GAS FUTR Jun25 3 0.03%
NGN25 COM NATURAL GAS FUTR Jul25 4 0.05%
NGX24 COM NATURAL GAS FUTR Nov24 200 2.03%
NGZ24 COM NATURAL GAS FUTR Dec24 98 1.13%
PAZ4 COM PALLADIUM FUTURE DEC24 77 2.76%
PLF5 COM PLATINUM FUTURE Jan25 410 7.33%
RSF5 COM CANOLA FUTR (WCE) Jan25 -326 -1.04%
RSH5 COM CANOLA FUTR (WCE) Mar25 -108 -0.35%
RSX4 COM CANOLA FUTR (WCE) NOV24 -595 -1.86%
S F5 COM SOYBEAN FUTURE Jan25 104 1.97%
S H5 COM SOYBEAN FUTURE Mar25 15 0.29%
S K5 COM SOYBEAN FUTURE MAY25 7 0.14%
S X4 COM SOYBEAN FUTURE NOV24 63 1.17%
SBH5 COM SUGAR #11 (WORLD) MAR25 397 3.52%
SBK5 COM SUGAR #11 (WORLD) MAY25 183 1.52%
SBN5 COM SUGAR #11 (WORLD) JUL25 38 0.30%
SFRM5 COM 3 MONTH SOFR FUT Jun25 -187 -15.85%
SFRU5 COM 3 MONTH SOFR FUT Sep25 -259 -21.99%
SFRZ5 COM 3 MONTH SOFR FUT Dec25 -782 -66.41%
SIH5 COM SILVER FUTURE Mar25 2 0.11%
SIK5 COM SILVER FUTURE MAY25 -1 -0.06%
SIZ4 COM SILVER FUTURE DEC24 99 5.51%
SMF5 COM SOYBEAN MEAL FUTR Jan25 97 1.17%
SMZ4 COM SOYBEAN MEAL FUTR Dec24 612 7.37%
TUZ4 COM US 2YR NOTE (CBT) DEC24 -1,025 -74.82%
USZ4 COM US LONG BOND(CBT) DEC24 -174 -7.60%
W H5 COM WHEAT FUTURE(CBT) Mar25 203 2.13%
W K5 COM WHEAT FUTURE(CBT) May25 105 1.12%
W Z4 COM WHEAT FUTURE(CBT) Dec24 518 5.26%
WNZ4 COM US ULTRA BOND CBT Dec24 -135 -6.32%
XBZ4 COM GASOLINE RBOB FUT Dec24 -10 -0.28%
XQZ4 COM CAN 5YR BOND FUT Dec24 -618 -18.47%
- TREASURY BILL DN 10/24 97,350,000 34.00%
- TREASURY BILL DN 10/24 65,000,000 22.70%
- TREASURY BILL DN 11/24 6,500,000 2.26%
- TREASURY BILL DN 1/25 107,500,000 37.12%
- TREASURY BILL DN 1/25 2,500,000 0.86%
- CANADIAN DOLLAR 1,362,178 0.35%
- CANADIAN DOLLAR -2,932,184 -0.76%
- Estimated Cash 3,676,743 1.25%

Holdings are subject to change without notice.

As of

Portfolio Risk Profile
Category Weight Est. Initial Margin Contrib to Vol
COCOA FUTURE 7.55% 4,787,918 13.40%
CANOLA FUTR (WCE) -10.42% 1,610,566 10.35%
NY HARB ULSD FUT -8.37% 1,444,520 6.97%
CAN 10YR BOND FUT -31.81% 2,093,689 6.46%
COFFEE 'C' FUTURE 5.70% 1,158,682 6.07%
US 2YR NOTE (CBT) -72.70% 1,192,895 5.41%
SUGAR #11 (WORLD) 6.16% 846,623 5.16%
GASOLINE RBOB FUT -6.15% 1,457,500 5.12%
LIVE CATTLE FUTR -10.99% 1,126,510 4.79%
CORN FUTURE -8.48% 1,358,170 4.75%
PLATINUM FUTURE 4.44% 779,240 3.80%
SOYBEAN FUTURE 5.82% 712,800 3.79%
GOLD 100 OZ FUTR 8.81% 1,074,150 3.79%
US ULTRA BOND CBT 8.59% 1,052,700 3.75%
SOYBEAN MEAL FUTR 3.38% 581,790 2.68%
LEAN HOGS FUTURE 2.96% 433,950 2.31%
WTI CRUDE FUTURE -3.51% 881,045 2.30%
CAN 5YR BOND FUT -15.93% 572,147 1.62%
PALLADIUM FUTURE 1.05% 319,000 1.26%
3M CORRA FUTURES -1.45% 363,088 1.03%
NATURAL GAS FUTR -0.53% 532,840 1.01%
COTTON NO.2 FUTR -1.67% 239,779 0.92%
SOYBEAN OIL FUTR 0.88% 151,030 0.77%
US LONG BOND(CBT) 2.11% 187,220 0.73%
CATTLE FEEDER FUT 1.00% 113,425 0.57%
COPPER FUTURE 0.78% 121,000 0.45%
3 MONTH SOFR FUT -0.17% 55,440 0.26%
KC HRW WHEAT FUT -0.43% 81,070 0.22%
CAN 2YR BOND FUT -3.11% 56,054 0.14%
WHEAT FUTURE(CBT) 0.13% 22,328 0.06%
SILVER FUTURE 0.06% 11,550 0.05%
Total -116.30% 25,418,719 100.00%
* 10y equivalents for 3 Month SOFR, Bank Acceptances, CORRA, and CAN 10YR Bond futures
Category Weight Market Value/Exposure Est. Yield
Treasury Bill 97.60% 262,989,765 5.30%
Pure Cash 2.00% 5,401,422 0.00%
Total 99.61% 268,391,187 0.00%
Source: Bloomberg, Simplify

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.00000
$0.00000
$0.15000
$0.00000
View Distribution History

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