Simplify US Equity PLUS Managed Futures Strategy ETF
CTAP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- David Marc Berns
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10845 Griffith Peak Drive Las Vegas NV United States of America 89135
- IPO Date
- Dec 10, 2025
- CIK
- 0001810747
- Website
- simplify.us
- Similar Companies
- Business
- Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP) is an actively managed exchange-traded fund that seeks long-term capital appreciation by combining 100% exposure to large-cap U.S. equities with 100% exposure to a systematic managed futures strategy. The U.S. Equity Strategy provides market cap-weighted passive exposure to large capitalization U.S. equities through investments in U.S. equity securities, ETFs representative of U.S. large-cap companies such as the iShares Core S&P 500 ETF (IVV), and futures contracts on equity indexes; the Managed Futures Strategy, executed indirectly via a total return swap on the Simplify Managed Futures Strategy ETF (CTA), deploys systematic long/short futures positions across currencies, interest rates, equities, commodities, and global commodities/interest rates, leveraging models designed by Altis Partners. Issued and managed by Simplify Asset Management Inc., a registered investment adviser focused on innovative options-based and alternative ETFs, CTAP operates with a net expense ratio of 0.10% (including an 18 basis point fee waiver through December 4, 2026) and trades on the NYSE Arca. Launched on December 8, 2025, as the latest addition to Simplify's "Equity PLUS" lineup, CTAP enhances portfolio diversification through its low historical correlation between equities and managed futures while maintaining capital efficiency by overlaying strategies without additional investor capital. This recent product launch builds on the success of the underlying CTA ETF, live since early 2022 with over $1.1 billion in assets under management as of December 2025, and complements Simplify's broader suite of ETFs targeting absolute returns, risk management, and convexity in equity exposure. In September 2025, Simplify entered a letter of intent with Streamex Corp. (NASDAQ: STEX) to explore strategic integration of tokenized yield-bearing gold assets into ETF structures and potential co-development of tokenized ETP/ETF products, pending definitive agreements and regulatory approval. Simplify Asset Management Inc., founded in 2020 and headquartered in Las Vegas, Nevada, with additional presence in New York, primarily serves investment advisors, institutional clients, and retail investors through a range of alternative investment strategies delivered via ETFs. The firm, which manages over $10 billion in assets as of mid-2025, targets U.S. and global markets with products emphasizing portfolio risk management, non-linear options power, and low-correlation assets like managed futures; CTAP holdings as of late 2025 include significant allocations to CTA total return swaps (99.57%), S&P 500 E-mini futures, and IVV. No parent company or major subsidiaries are reported for the ETF or issuer.