CTA Simplify Managed Futures Strategy ETF
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.
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.
Why Invest in CTA?
CTA Spotlight
Fund Overview
As of 06/30/2026
Ticker Symbol
CTA
Expense Ratio
0.75%
CUSIP
82889N699
Total Assets
$1,505,345,565.81
Shares Outstanding
58,175,001
Distribution Rate as of 05/31/2026
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.6.27%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 05/31/2026
1.73%
30-Day SEC Yield (Unsubsidized) as of 05/31/2026
1.73%
Options Available
Yes
Inception Date
03/07/2022
Premium/Discount (%) as of 06/30/2026
0.25%
NAV Per Share as of 06/30/2026
$25.88
Market Price as of 06/30/2026
$25.94
30-Day Median Bid-Ask Spread
0.11%
Bid/Ask
$25.88/$25.93
Midpoint Price
$25.91
Volume
805,610
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 Fees | 0.75% |
| Distribution and Service (12b-1) Fees | 0.00% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.75% |
Fund Performance (Total Return)
As of 05/31/2026 03/31/2026
| Cumulative | 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | -10.58% | -3.50% | 7.86% | 7.74% | 11.43% | 34.91% | — | 46.23% |
| Market Price | -10.28% | -3.06% | 8.66% | 8.46% | 12.11% | 35.50% | — | 45.46% |
| Annualized | 1 Year | 3 Year | 5 Year | Since Inception |
|---|---|---|---|---|
| NAV | 11.43% | 10.50% | — | 9.39% |
| Market Price | 12.11% | 10.66% | — | 9.26% |
| 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.
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
| Ticker | Name | Quantity | Weight |
|---|---|---|---|
| SBIL | SIMPLIFY GOVT MNY MRKT ET | 11,068,048 | 73.57% |
| SBIL | SIMPLIFY GOVT MNY MRKT ET | 1,200,000 | 7.98% |
| BOQ6 COM | SOYBEAN OIL FUTR Aug26 | 322 | 0.86% |
| BOU6 COM | SOYBEAN OIL FUTR Sep26 | 175 | 0.46% |
| C Z6 COM | CORN FUTURE Dec26 | 244 | 0.35% |
| CAU6 COM | MILL WHEAT EURO Sep26 | 5 | 0.00% |
| CCH7 COM | COCOA FUTURE Mar27 | 2 | 0.01% |
| CCU6 COM | COCOA FUTURE Sep26 | -456 | -1.54% |
| CCZ6 COM | COCOA FUTURE Dec26 | -234 | -0.81% |
| CLF7 COM | WTI CRUDE FUTURE Jan27 | 22 | 0.10% |
| CLG7 COM | WTI CRUDE FUTURE Feb27 | 8 | 0.04% |
| CLQ6 COM | WTI CRUDE FUTURE Aug26 | 2 | 0.01% |
| CLU6 COM | WTI CRUDE FUTURE Sep26 | -21 | -0.10% |
| CLX6 COM | WTI CRUDE FUTURE Nov26 | 4 | 0.02% |
| CLZ6 COM | WTI CRUDE FUTURE Dec26 | 68 | 0.31% |
| CNU6 COM | CAN 10YR BOND FUT Sep26 | 3,291 | 18.67% |
| COU6 COM | BRENT CRUDE FUTR Sep26 | 3,237 | 15.69% |
| CTH7 COM | COTTON NO.2 FUTR Mar27 | 3 | 0.01% |
| CTZ6 COM | COTTON NO.2 FUTR Dec26 | 102 | 0.26% |
| CVU6 COM | CAN 2YR BOND FUT Sep26 | 94 | 0.46% |
| DFF7 COM | COFF ROBUSTA 10tn Jan27 | 60 | 0.14% |
| DFU6 COM | COFF ROBUSTA 10tn Sep26 | 583 | 1.42% |
| DFX6 COM | COFF ROBUSTA 10tn Nov26 | 201 | 0.48% |
| DUU6 COM | EURO-SCHATZ FUT Sep26 | -381 | -3.06% |
| ERH7 COM | 3MO EURO EURIBOR Mar27 | -3,038 | -56.14% |
| ERM7 COM | 3MO EURO EURIBOR Jun27 | -1,788 | -33.04% |
| ERU7 COM | 3MO EURO EURIBOR SEP27 | -593 | -10.96% |
| ERZ6 COM | 3MO EURO EURIBOR DEC26 | -4,012 | -74.17% |
| ERZ7 COM | 3MO EURO EURIBOR Dec27 | -102 | -1.89% |
| FCQ6 COM | CATTLE FEEDER FUT Aug26 | 886 | 10.73% |
| FCU6 COM | CATTLE FEEDER FUT Sep26 | 332 | 4.00% |
| FCV6 COM | CATTLE FEEDER FUT Oct26 | 189 | 2.26% |
| FVU6 COM | US 5YR NOTE (CBT) Sep26 | -4 | -0.03% |
| G U6 COM | LONG GILT FUTURE Sep26 | 3,309 | 26.01% |
| GCQ6 COM | GOLD 100 OZ FUTR Aug26 | 106 | 2.84% |
| GCZ6 COM | GOLD 100 OZ FUTR Dec26 | 14 | 0.38% |
| HGU6 COM | COPPER FUTURE Sep26 | 322 | 3.34% |
| HGZ6 COM | COPPER FUTURE Dec26 | 67 | 0.71% |
| HOQ6 COM | NY Harb ULSD Fut Aug26 | -12 | -0.11% |
| HOU6 COM | NY Harb ULSD Fut Sep26 | -5 | -0.04% |
| HOV6 COM | NY Harb ULSD Fut Oct26 | -2 | -0.02% |
| IJG7 COM | RAPESEED EURO Feb27 | 12 | 0.02% |
| IJQ6 COM | RAPESEED EURO Aug26 | 277 | 0.53% |
| IJX6 COM | RAPESEED EURO Nov26 | 730 | 1.42% |
| KCH7 COM | COFFEE 'C' FUTURE Mar27 | 76 | 0.53% |
| KCU6 COM | COFFEE 'C' FUTURE Sep26 | 388 | 2.87% |
| KCZ6 COM | COFFEE 'C' FUTURE Dec26 | 168 | 1.18% |
| KWH7 COM | KC HRW WHEAT FUT Mar27 | -6 | -0.01% |
| KWU6 COM | KC HRW WHEAT FUT Sep26 | -542 | -1.13% |
| KWZ6 COM | KC HRW WHEAT FUT Dec26 | -227 | -0.48% |
| LCQ6 COM | LIVE CATTLE FUTR Aug26 | 1,505 | 9.70% |
| LCV6 COM | LIVE CATTLE FUTR Oct26 | 744 | 4.68% |
| LCZ6 COM | LIVE CATTLE FUTR Dec26 | 263 | 1.65% |
| LHQ6 COM | LEAN HOGS FUTURE Aug26 | -209 | -0.55% |
| LHV6 COM | LEAN HOGS FUTURE Oct26 | -33 | -0.07% |
| NGF27 COM | NATURAL GAS FUTR Jan27 | -270 | -0.79% |
| NGG27 COM | NATURAL GAS FUTR Feb27 | -104 | -0.27% |
| NGQ26 COM | NATURAL GAS FUTR Aug26 | -14 | -0.03% |
| NGU26 COM | NATURAL GAS FUTR Sep26 | -53 | -0.11% |
| NGV26 COM | NATURAL GAS FUTR Oct26 | -243 | -0.52% |
| NGX26 COM | NATURAL GAS FUTR Nov26 | -143 | -0.32% |
| NGZ26 COM | NATURAL GAS FUTR Dec26 | -161 | -0.43% |
| OATU6 COM | Euro-OAT Future Sep26 | -31 | -0.28% |
| OEU6 COM | EURO-BOBL FUTURE Sep26 | -4,266 | -37.36% |
| PAU6 COM | PALLADIUM FUTURE Sep26 | 65 | 0.52% |
| PLV6 COM | PLATINUM FUTURE Oct26 | 70 | 0.36% |
| QCN6 COM | COCOA FUTURE - IC Jul26 | 1 | 0.00% |
| QCU6 COM | COCOA FUTURE - IC Sep26 | 6 | 0.02% |
| QCZ6 COM | COCOA FUTURE - IC Dec26 | 5 | 0.02% |
| QSQ6 COM | Low Su Gasoil G Aug26 | -66 | -0.40% |
| QSU6 COM | Low Su Gasoil G Sep26 | -9 | -0.05% |
| QSV6 COM | Low Su Gasoil G Oct26 | -1 | -0.01% |
| QWQ6 COM | WHITE SUGAR (ICE) Aug26 | -75 | -0.12% |
| QWV6 COM | WHITE SUGAR (ICE) Oct26 | -19 | -0.03% |
| QWZ6 COM | WHITE SUGAR (ICE) Dec26 | -10 | -0.02% |
| RSX6 COM | CANOLA FUTR (WCE) Nov26 | 637 | 0.44% |
| RXU6 COM | EURO-BUND FUTURE Sep26 | -3,379 | -32.66% |
| S U6 COM | SOYBEAN FUTURE Sep26 | 18 | 0.07% |
| SBH7 COM | SUGAR #11 (WORLD) Mar27 | -259 | -0.30% |
| SBK7 COM | SUGAR #11 (WORLD) May27 | -15 | -0.02% |
| SBV6 COM | SUGAR #11 (WORLD) Oct26 | -847 | -0.93% |
| SFIH7 COM | ICE 3MTH SONIA FU Mar27 | 15 | 0.32% |
| SFIM7 COM | ICE 3MTH SONIA FU Jun27 | 16 | 0.34% |
| SFIU6 COM | ICE 3MTH SONIA FU SEP26 | -14 | -0.30% |
| SFRH7 COM | 3 MONTH SOFR FUT Mar27 | -163 | -2.60% |
| SFRZ6 COM | 3 MONTH SOFR FUT DEC26 | -746 | -11.89% |
| SIU6 COM | SILVER FUTURE Sep26 | 79 | 1.57% |
| SIZ6 COM | SILVER FUTURE Dec26 | 13 | 0.26% |
| 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 | 1.97% |
| SSYZ6 COM | Three-Month SARON Dec26 | 19 | 0.39% |
| TKYH7 COM | Three Month ESTR Mar27 | -618 | -11.44% |
| TKYU6 COM | Three Month ESTR Sep26 | -962 | -17.82% |
| TKYZ6 COM | Three Month ESTR Dec26 | -1,349 | -24.98% |
| TUU6 COM | US 2YR NOTE (CBT) Sep26 | -858 | -11.75% |
| TYU6 COM | US 10YR NOTE (CBT)Sep26 | 480 | 3.50% |
| UBU6 COM | EURO-BUXL 30Y BND Sep26 | -598 | -5.05% |
| USU6 COM | US LONG BOND(CBT) Sep26 | 1,466 | 11.05% |
| UXYU6 COM | US 10yr Ultra Fut Sep26 | 432 | 3.23% |
| W H7 COM | WHEAT FUTURE(CBT) Mar27 | -7 | -0.01% |
| W U6 COM | WHEAT FUTURE(CBT) Sep26 | -952 | -1.86% |
| W Z6 COM | WHEAT FUTURE(CBT) Dec26 | -469 | -0.94% |
| WNU6 COM | US ULTRA BOND CBT Sep26 | 1,020 | 7.87% |
| XBQ6 COM | GASOLINE RBOB FUT Aug26 | 81 | 0.65% |
| XBU6 COM | GASOLINE RBOB FUT Sep26 | 72 | 0.55% |
| XBV6 COM | GASOLINE RBOB FUT Oct26 | 20 | 0.14% |
| XBX6 COM | GASOLINE RBOB FUT Nov26 | 5 | 0.03% |
| XQU6 COM | CAN 5YR BOND FUT Sep26 | 155 | 0.82% |
| - | TREASURY BILL DN 7/26 | 15,500,000 | 1.03% |
| - | TREASURY BILL DN 8/26 | 40,000,000 | 2.65% |
| - | TREASURY BILL DN 8/26 | 54,000,000 | 3.57% |
| - | TREASURY BILL DN 8/26 | 5,000,000 | 0.33% |
| - | TREASURY BILL DN 8/26 | 50,000,000 | 3.30% |
| - | TREASURY BILL DN 9/26 | 32,000,000 | 2.11% |
| - | TREASURY BILL DN 9/26 | 40,000,000 | 2.64% |
| - | TREASURY BILL DN 9/26 | 20,000,000 | 1.32% |
| - | TREASURY BILL DN 10/26 | 1,000,000 | 0.07% |
| - | TREASURY BILL DN 12/26 | 13,500,000 | 0.88% |
| - | POUND STERLING | 7,640,874 | 0.67% |
| - | CANADIAN DOLLAR | 7,105,839 | 0.33% |
| - | CURRENCY CONTRACT - EUR | 4,000,000 | 0.30% |
| - | EURO | 3,008,680 | 0.23% |
| - | CURRENCY CONTRACT - EUR | 3,000,000 | 0.23% |
| - | POUND STERLING | 1,335,816 | 0.12% |
| - | CANADIAN DOLLAR | 728,987 | 0.03% |
| - | SWISS FRANC | -259 | 0.00% |
| - | CURRENCY CONTRACT - EUR | -4,865,956 | -0.23% |
| - | CURRENCY CONTRACT - EUR | -3,448,091 | -0.30% |
| - | EURO | -11,848,923 | -0.90% |
| - | DREYFUS TRSY OBLIG CASH M | 41,878,962 | 2.78% |
| - | Estimated Cash | -17,868,390 | -0.99% |
Holdings are subject to change without notice.
| Category | Weight | Est. Initial Margin | Contrib to Vol |
|---|---|---|---|
| BRENT CRUDE FUTR | 15.69% | 33,576,127 | 21.22% |
| CATTLE FEEDER FUT | 16.99% | 8,821,890 | 10.85% |
| LIVE CATTLE FUTR | 16.03% | 8,842,240 | 8.52% |
| LONG GILT FUTURE | 36.68% | 13,793,711 | 6.40% |
| EURO-BUND FUTURE | -32.66% | 7,434,668 | 5.05% |
| COFFEE 'C' FUTURE | 4.57% | 3,865,604 | 4.99% |
| 3MO EURO EURIBOR | -22.31% | 7,813,422 | 4.66% |
| COCOA FUTURE | -2.34% | 4,249,831 | 4.47% |
| COPPER FUTURE | 4.05% | 5,134,800 | 3.64% |
| SILVER FUTURE | 1.83% | 2,971,326 | 2.82% |
| GOLD 100 OZ FUTR | 3.22% | 2,670,286 | 2.76% |
| US LONG BOND(CBT) | 16.25% | 5,966,620 | 2.66% |
| NATURAL GAS FUTR | -2.47% | 2,927,385 | 2.20% |
| US ULTRA BOND CBT | 15.13% | 5,778,300 | 2.12% |
| CAN 10YR BOND FUT | 17.24% | 4,868,179 | 2.09% |
| WHEAT FUTURE(CBT) | -2.82% | 2,853,235 | 1.74% |
| EURO-BUXL 30Y BND | -5.05% | 2,682,446 | 1.64% |
| GASOLINE RBOB FUT | 1.37% | 1,176,261 | 1.58% |
| THREE MONTH ESTR | -6.87% | 2,072,807 | 1.18% |
| RAPESEED EURO | 1.98% | 0 | 1.02% |
| KC HRW WHEAT FUT | -1.62% | 1,648,900 | 0.97% |
| SOYBEAN OIL FUTR | 1.32% | 1,083,775 | 0.96% |
| SUGAR #11 (WORLD) | -1.26% | 899,919 | 0.86% |
| LOW SU GASOIL G | -0.46% | 0 | 0.76% |
| PALLADIUM FUTURE | 0.52% | 873,600 | 0.72% |
| US 2YR NOTE (CBT) | -2.83% | 1,132,560 | 0.56% |
| US 10YR ULTRA FUT | 3.23% | 1,211,760 | 0.55% |
| WTI CRUDE FUTURE | 0.37% | 621,031 | 0.49% |
| PLATINUM FUTURE | 0.36% | 551,740 | 0.42% |
| 3 MONTH SOFR FUT | -1.83% | 742,403 | 0.41% |
| LEAN HOGS FUTURE | -0.62% | 399,300 | 0.33% |
| CANOLA FUTR (WCE) | 0.44% | 254,922 | 0.28% |
| NY HARB ULSD FUT | -0.17% | 169,711 | 0.22% |
| COTTON NO.2 FUTR | 0.27% | 210,868 | 0.20% |
| CORN FUTURE | 0.35% | 268,400 | 0.19% |
| WHITE SUGAR (ICE) | -0.16% | 168,632 | 0.11% |
| COCOA FUTURE - IC | 0.04% | 78,128 | 0.07% |
| SOYBEAN MEAL FUTR | -0.15% | 117,920 | 0.06% |
| CAN 5YR BOND FUT | 0.45% | 142,674 | 0.06% |
| EURO-OAT FUTURE | -0.27% | 72,922 | 0.05% |
| THREE-MONTH SARON | 0.30% | 59,913 | 0.03% |
| SOYBEAN FUTURE | 0.07% | 38,610 | 0.03% |
| ICE 3MTH SONIA FU | 0.05% | 76,646 | 0.03% |
| CAN 2YR BOND FUT | 0.10% | 40,815 | 0.01% |
| US 5YR NOTE (CBT) | -0.01% | 5,500 | 0.00% |
| MILL WHEAT EURO | 0.00% | 0 | 0.00% |
| Total | 75.00% | 138,369,785 | 100.00% |
* 10y equivalents for interest rate and bond futures
| Category | Weight | Market Value/Exposure | Est. Yield |
|---|---|---|---|
| Treasury Bill | 17.89% | 269,293,167 | 3.72% |
| Money Market | 81.55% | 1,227,540,883 | 0.00% |
| Pure Cash | 0.57% | 8,511,516 | 0.00% |
| Total | 100.00% | 1,505,345,566 | 0.00% |
Recent Distributions
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|---|---|---|
| N/A | |||
| $0.13000 | |||
| $0.15000 | |||
| $0.15000 | |||
| $0.15000 |
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.
