CTA: Good Diversifier, Good Buy

Simplify Managed Futures Strategy ETF is rated a buy for its robust non-correlated return profile and seasoned sub-advisor, Altis Partners. CTA's 5Y beta of –0.31 and concentrated Euro fixed income exposure offer meaningful diversification for equity- and credit-heavy portfolios. The fund structurally benefits from T-bill collateral, generating about 280 bps of return before trading P&L, supporting a 6.2% distribution rate.