FEX vs CTA

Comparison between First Trust Large Cap Core AlphaDEX Fund (FEX, ETF) and SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA, ETF).

FEX vs CTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEX(ETF)	CTA(ETF)
Net Assets	$1.60B	$1.60B
Expense Ratio	0.57%	0.75%
Max Drawdown	59.67%	22.46%
Sharpe Ratio	1.78	-0.00
5Y Beta	0.86	-0.07
P/E Ratio	21.36	N/A
Forward P/E	16.54	N/A
PEG Ratio	0.17	N/A
5Y Dividends CAGR	10.45%	N/A
5Y EPS CAGR	14.72%	N/A
Debt to Equity	45.69%	N/A
P/S Ratio	2.03	N/A
P/B Ratio	2.87	N/A

Net Assets

FEX

$1.60B

CTA

$1.60B

Expense Ratio

Winner

FEX

0.57%

CTA

0.75%

Max Drawdown

FEX

59.67%

Winner

CTA

22.46%

Sharpe Ratio

Winner

FEX

1.78

CTA

-0.00

5Y Beta

FEX

0.86

Winner

CTA

-0.07

P/E Ratio

FEX

21.36

CTA

N/A

Forward P/E

FEX

16.54

CTA

N/A

PEG Ratio

FEX

0.17

CTA

N/A

5Y Dividends CAGR

FEX

10.45%

CTA

N/A

5Y EPS CAGR

FEX

14.72%

CTA

N/A

Debt to Equity

FEX

45.69%

CTA

N/A

P/S Ratio

FEX

2.03

CTA

N/A

P/B Ratio

FEX

2.87

CTA

N/A

FEX vs CTA - Historical Returns

Returns include dividend reinvestment.

Period	FEX	CTA
1 month	+3.10%	-12.62%
3 months	+13.26%	-6.12%
6 months	+14.91%	-0.17%
1 year	+28.97%	+2.63%
5 years(CAGR)	+11.56%	+7.13%
10 years(CAGR)	+13.11%	N/A
Max(CAGR)	+9.68%	+7.13%

Winner

FEX

+3.10%

CTA

-12.62%

Winner

FEX

+13.26%

CTA

-6.12%

Winner

FEX

+14.91%

CTA

-0.17%

Winner

FEX

+28.97%

CTA

+2.63%

5Y(CAGR)

Winner

FEX

+11.56%

CTA

+7.13%

10Y(CAGR)

FEX

+13.11%

CTA

N/A

Max(CAGR)

Winner

FEX

+9.68%

CTA

+7.13%

FEX vs CTA - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	FEX	CTA
2026	+14.75%	+0.61%
2025	+14.88%	+0.56%
2024	+17.28%	+22.54%
2023	+14.99%	-2.92%
2022	-11.35%	+9.54%
2021	+28.75%	N/A
2020	+13.71%	N/A
2019	+26.87%	N/A
2018	-10.52%	N/A
2017	+20.59%	N/A
2016	+15.75%	N/A
2015	-3.92%	N/A
2014	+13.46%	N/A
2013	+32.85%	N/A
2012	+13.91%	N/A
2011	-1.50%	N/A
2010	+18.94%	N/A
2009	+32.21%	N/A
2008	-37.71%	N/A
2007	-5.39%	N/A

FEX vs CTA Drawdown Comparison

The maximum drawdown for FEX was -58.81%, occurring on Mar 6, 2009. Recovery took 908 trading sessions.

The maximum drawdown for CTA was -18.09%, occurring on Apr 3, 2023. Recovery took 372 trading sessions.

The current FEX drawdown is -1.34%. The current CTA drawdown is -17.74%.

Rank	FEX	CTA
#1	-58.81% Jul 13, 2007 - Feb 17, 2011	-18.09% Oct 14, 2022 - Apr 10, 2024
#2	-39.51% Feb 19, 2020 - Oct 12, 2020	-17.74% May 4, 2026 - Jun 23, 2026
#3	-21.98% Sep 20, 2018 - Jul 12, 2019	-11.23% Feb 19, 2025 - Feb 18, 2026
#4	-21.97% Apr 29, 2011 - Mar 13, 2012	-8.34% May 20, 2024 - Nov 21, 2024
#5	-21.27% Nov 16, 2021 - Dec 14, 2023	-8.33% Apr 6, 2026 - Apr 28, 2026
#6	-19.58% Nov 29, 2024 - Jul 22, 2025	-6.39% Mar 18, 2026 - Apr 2, 2026
#7	-18.22% May 21, 2015 - Jul 22, 2016	-5.28% Mar 8, 2022 - Apr 18, 2022
#8	-12.31% Mar 26, 2012 - Sep 13, 2012	-4.17% May 12, 2022 - Jun 30, 2022
#9	-9.96% Jan 26, 2018 - Aug 27, 2018	-4.00% Sep 26, 2022 - Oct 14, 2022
#10	-9.11% Sep 5, 2014 - Nov 11, 2014	-3.69% Jul 25, 2022 - Aug 31, 2022
#11	-7.50% Jul 24, 2019 - Nov 7, 2019	-3.03% Nov 22, 2024 - Dec 13, 2024
#12	-6.89% Sep 14, 2012 - Dec 18, 2012	-2.97% Sep 1, 2022 - Sep 14, 2022
#13	-6.59% Jul 16, 2024 - Aug 23, 2024	-2.63% Dec 18, 2024 - Jan 10, 2025
#14	-6.23% Feb 20, 2026 - Apr 13, 2026	-2.42% Jul 6, 2022 - Jul 14, 2022
#15	-6.19% Dec 31, 2013 - Feb 20, 2014	-2.35% Apr 26, 2024 - May 13, 2024

Correlation

Correlation between FEX and CTA is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2007 - 2026)

FEX vs CTA dividend yield comparison.

Year	FEX	CTA
2026	0.21%	2.62%
2025	1.10%	3.19%
2024	1.18%	4.80%
2023	1.38%	7.78%
2022	1.61%	6.58%
2021	0.80%	0.00%
2020	1.21%	0.00%
2019	1.32%	0.00%
2018	1.34%	0.00%
2017	1.07%	0.00%
2016	1.29%	0.00%
2015	1.33%	0.00%
2014	1.30%	0.00%
2013	1.02%	0.00%
2012	2.36%	0.00%
2011	1.09%	0.00%
2010	0.89%	0.00%
2009	0.89%	0.00%
2008	1.70%	0.00%
2007	0.58%	0.00%