Snapshot*
Top 10 Holdings
What is CTA?
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 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.
ETFs related toCTA
ETFs correlated to CTA include PST, DBMF, TBX
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toCTA
Opus-12
Create your own algorithmic trading strategy with CTA using Composer
News Related to CTA
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Feb 3, 2025 • by Surbhi Jain
Arrowhead Pharmaceuticals To Replace Barnes Group In S&P SmallCap 600, Effective Prior To Opening Of Trading On January 27
Jan 22, 2025 • by Benzinga NewsdeskReported Earlier, Barnes Group Shareholders Approve $47.50 Per Share Acquisition by Apollo Global Management
Jan 10, 2025 • by Benzinga NewsdeskMag 7's AI Boom Will Supercharge Natural Gas Sector As Power Demands Become Insatiable: Analyst
Dec 5, 2024 • by Surbhi Jain
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.