Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

CTA vs FENI: how they differ

CTA and FENI hold 0% of their weight in the same names, and FENI returned more over the year.

Simplify Managed Futures Strategy ETF and Fidelity Enhanced International ETF.

What they hold in common

By the books each fund has filed, CTA and FENI hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in CTAOnly in FENI
SIMPLIFY EXCHANGE TRADED FUNDS 81.69%ASML HOLDING NV 4.11%
UNITED STATES OF AMERICA - BUREAU OF THE 3.72%NESTLE SA 1.77%
UNITED STATES OF AMERICA - BUREAU OF THE 3.44%SIEMENS AG 1.63%
UNITED STATES OF AMERICA - BUREAU OF THE 2.76%TOKYO ELECTRON LTD 1.46%
UNITED STATES OF AMERICA - BUREAU OF THE 2.75%ABB LTD 1.34%
UNITED STATES OF AMERICA - BUREAU OF THE 2.20%HSBC HOLDINGS PLC 1.33%
UNITED STATES OF AMERICA - BUREAU OF THE 1.37%IBERDROLA SA 1.23%
UNITED STATES OF AMERICA - BUREAU OF THE 1.07%BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026.

CTA and FENI on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
CTA
Simplify Managed Futures Strategy ETF
FENI
Fidelity Enhanced International ETF
Where it sitsCore index fundCore index fund
IssuerSimplifyFidelity
What it isSimplify Managed Futures StrategyEnhanced International
Total return, 1 year+17.0%+19.4%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−0.5 pts+1.9 pts
Expense ratio0.75%0.28%
Already in the S&P 5000.0%0.0%
Holdings10392

CTA in plain words

CTA is an index equity fund tracking the Simplify Managed Futures Strategy. Over the year to Sep 11, 2026 it returned +17.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 10 positions, with the top ten at 100.0%. It sat 5.3% below its high of May 4, 2026 on Sep 11, 2026.

FENI in plain words

FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.

Questions people ask

Which returned more over the last year, CTA or FENI?
In the year to Sep 12, 2026, with distributions reinvested, CTA returned +17.0% and FENI returned +19.4%, so FENI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, CTA or FENI?
CTA charges 0.75% a year and FENI charges 0.28%, so FENI is cheaper. Fees come from each fund's prospectus.
How much do CTA and FENI overlap with the S&P 500?
By their latest filed holdings, 0% of CTA and 0% of FENI by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

CTA against FENI, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, CTA against FENI, data as of Sep 12, 2026. https://etfiq.com/compare/any/CTA-FENI Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources