MULL vs CTA

Comparison between GRANITESHARES 2X LONG MU DAILY ETF (MULL, ETF) and SIMPLIFY MANAGED FUTURES STRATEGY ETF (CTA, ETF).

MULL vs CTA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MULL(ETF)	CTA(ETF)
Net Assets	$1.50B	$1.50B
Expense Ratio	N/A	0.75%
Max Drawdown	72.29%	22.46%
Sharpe Ratio	3.03	0.15
5Y Beta	4.88	-0.07
P/E Ratio	20.21	N/A
Forward P/E	5.48	N/A
PEG Ratio	0.03	N/A
5Y EPS CAGR	64.69%	N/A
Debt to Equity	0.58%	N/A
P/S Ratio	12.30	N/A
P/B Ratio	10.51	N/A

Net Assets

MULL

$1.50B

CTA

$1.50B

Expense Ratio

MULL

N/A

CTA

0.75%

Max Drawdown

MULL

72.29%

Winner

CTA

22.46%

Sharpe Ratio

Winner

MULL

3.03

CTA

0.15

5Y Beta

MULL

4.88

Winner

CTA

-0.07

P/E Ratio

MULL

20.21

CTA

N/A

Forward P/E

MULL

5.48

CTA

N/A

PEG Ratio

MULL

0.03

CTA

N/A

5Y EPS CAGR

MULL

64.69%

CTA

N/A

Debt to Equity

MULL

0.58%

CTA

N/A

P/S Ratio

MULL

12.30

CTA

N/A

P/B Ratio

MULL

10.51

CTA

N/A

MULL vs CTA - Historical Returns

Returns include dividend reinvestment.

Period	MULL	CTA
1 month	-43.04%	+3.25%
3 months	+235.72%	-4.79%
6 months	+282.32%	+3.15%
1 year	+3342.59%	+3.51%
5 years(CAGR)	N/A	+8.05%
Max(CAGR)	+603.89%	+8.05%

MULL

-43.04%

Winner

CTA

+3.25%

Winner

MULL

+235.72%

CTA

-4.79%

Winner

MULL

+282.32%

CTA

+3.15%

Winner

MULL

+3342.59%

CTA

+3.51%

5Y(CAGR)

MULL

N/A

CTA

+8.05%

Max(CAGR)

Winner

MULL

+603.89%

CTA

+8.05%

MULL vs CTA - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	MULL	CTA
2026	+464.20%	+4.97%
2025	+512.98%	+0.56%
2024	-40.11%	+22.54%
2023	N/A	-2.92%
2022	N/A	+9.54%

MULL vs CTA Drawdown Comparison

The maximum drawdown for MULL was -72.29%, occurring on Apr 4, 2025. Recovery took 180 trading sessions.

The maximum drawdown for CTA was -20.43%, occurring on Jul 2, 2026. This drawdown has not yet recovered.

The current MULL drawdown is -43.04%. The current CTA drawdown is -14.18%.

Rank	MULL	CTA
#1	-72.29% Dec 17, 2024 - Sep 9, 2025	-20.43% May 4, 2026 - Jul 2, 2026
#2	-55.74% Jun 22, 2026 - Jul 17, 2026	-18.09% Oct 14, 2022 - Apr 10, 2024
#3	-53.09% Mar 18, 2026 - Apr 22, 2026	-11.23% Feb 19, 2025 - Feb 18, 2026
#4	-38.87% Nov 10, 2025 - Dec 10, 2025	-8.34% May 20, 2024 - Nov 21, 2024
#5	-37.74% Jun 3, 2026 - Jun 18, 2026	-8.33% Apr 6, 2026 - Apr 28, 2026
#6	-32.76% Feb 2, 2026 - Mar 17, 2026	-6.39% Mar 18, 2026 - Apr 2, 2026
#7	-29.21% May 13, 2026 - May 26, 2026	-5.28% Mar 8, 2022 - Apr 18, 2022
#8	-27.53% Dec 10, 2025 - Dec 22, 2025	-4.17% May 12, 2022 - Jun 30, 2022
#9	-15.36% Oct 8, 2025 - Oct 16, 2025	-4.00% Sep 26, 2022 - Oct 14, 2022
#10	-14.62% Nov 12, 2024 - Dec 16, 2024	-3.69% Jul 25, 2022 - Aug 31, 2022
#11	-14.53% Sep 18, 2025 - Oct 1, 2025	-3.03% Nov 22, 2024 - Dec 13, 2024
#12	-14.28% Nov 3, 2025 - Nov 5, 2025	-2.97% Sep 1, 2022 - Sep 14, 2022
#13	-9.76% Jan 29, 2026 - Feb 2, 2026	-2.63% Dec 18, 2024 - Jan 10, 2025
#14	-9.60% Jan 6, 2026 - Jan 9, 2026	-2.42% Jul 6, 2022 - Jul 14, 2022
#15	-8.33% Oct 20, 2025 - Oct 24, 2025	-2.35% Apr 26, 2024 - May 13, 2024