INFL vs CTA

Comparison between HORIZON KINETICS INFLATION BENEFICIARIES ETF (INFL, ETF) and SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA, ETF).

INFL vs CTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	INFL(ETF)	CTA(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	0.85%	0.75%
Max Drawdown	21.77%	22.46%
Sharpe Ratio	1.17	0.04
5Y Beta	0.66	-0.10
P/E Ratio	40.48	N/A
5Y Dividends CAGR	74.69%	N/A
Debt to Equity	91.22%	N/A
P/S Ratio	2.70	N/A
P/B Ratio	3.28	N/A

Net Assets

INFL

$1.50B

CTA

$1.50B

Expense Ratio

INFL

0.85%

Winner

CTA

0.75%

Max Drawdown

Winner

INFL

21.77%

CTA

22.46%

Sharpe Ratio

Winner

INFL

1.17

CTA

0.04

5Y Beta

INFL

0.66

Winner

CTA

-0.10

P/E Ratio

INFL

40.48

CTA

N/A

5Y Dividends CAGR

INFL

74.69%

CTA

N/A

Debt to Equity

INFL

91.22%

CTA

N/A

P/S Ratio

INFL

2.70

CTA

N/A

P/B Ratio

INFL

3.28

CTA

N/A

INFL vs CTA - Historical Returns

Returns include dividend reinvestment.

Period	INFL	CTA
1 month	+4.31%	+0.46%
3 months	-1.95%	-14.23%
6 months	+6.03%	-5.23%
1 year	+23.74%	+1.52%
5 years(CAGR)	+13.30%	+6.59%
Max(CAGR)	+15.52%	+6.59%

Winner

INFL

+4.31%

CTA

+0.46%

Winner

INFL

-1.95%

CTA

-14.23%

Winner

INFL

+6.03%

CTA

-5.23%

Winner

INFL

+23.74%

CTA

+1.52%

5Y(CAGR)

Winner

INFL

+13.30%

CTA

+6.59%

Max(CAGR)

Winner

INFL

+15.52%

CTA

+6.59%

INFL vs CTA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	INFL	CTA
2026	+16.74%	-0.79%
2025	+16.90%	+0.56%
2024	+24.36%	+22.54%
2023	+3.96%	-2.92%
2022	+2.97%	+9.54%
2021	+24.78%	N/A

INFL vs CTA Drawdown Comparison

The maximum drawdown for INFL was -21.30%, occurring on Sep 26, 2022. Recovery took 552 trading sessions.

The maximum drawdown for CTA was -20.79%, occurring on Aug 4, 2026. This drawdown has not yet recovered.

The current INFL drawdown is -5.27%. The current CTA drawdown is -18.89%.

Rank	INFL	CTA
#1	-21.30% Apr 20, 2022 - Jul 2, 2024	-20.79% May 4, 2026 - Aug 4, 2026
#2	-15.56% Nov 22, 2024 - May 20, 2025	-18.09% Oct 14, 2022 - Apr 10, 2024
#3	-12.19% Mar 2, 2026 - Jun 24, 2026	-11.23% Feb 19, 2025 - Feb 18, 2026
#4	-8.15% Nov 9, 2021 - Mar 2, 2022	-8.34% May 20, 2024 - Nov 21, 2024
#5	-7.17% Nov 12, 2025 - Jan 9, 2026	-8.33% Apr 6, 2026 - Apr 28, 2026
#6	-6.49% Jul 31, 2024 - Aug 19, 2024	-6.39% Mar 18, 2026 - Apr 2, 2026
#7	-5.94% Jun 15, 2021 - Sep 2, 2021	-5.28% Mar 8, 2022 - Apr 18, 2022
#8	-5.49% Jan 29, 2026 - Feb 11, 2026	-4.17% May 12, 2022 - Jun 30, 2022
#9	-4.78% Oct 6, 2025 - Nov 11, 2025	-4.00% Sep 26, 2022 - Oct 14, 2022
#10	-4.70% Feb 24, 2021 - Mar 10, 2021	-3.69% Jul 25, 2022 - Aug 31, 2022
#11	-4.56% Mar 17, 2021 - Apr 6, 2021	-3.03% Nov 22, 2024 - Dec 13, 2024
#12	-4.52% Jan 20, 2021 - Feb 5, 2021	-2.97% Sep 1, 2022 - Sep 14, 2022
#13	-4.26% Aug 23, 2024 - Sep 19, 2024	-2.63% Dec 18, 2024 - Jan 10, 2025
#14	-4.17% Sep 3, 2021 - Oct 13, 2021	-2.42% Jul 6, 2022 - Jul 14, 2022
#15	-3.59% Jun 13, 2025 - Aug 22, 2025	-2.35% Apr 26, 2024 - May 13, 2024