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ETFs

Simplify Short Term Treasury Futures Strategy ETF

TUA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 14 2022
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$3,676,107
AUM
$109,119,775
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

B 0 06/08/23
B 06/08/23 Govt
50.55%
B 0 08/10/23
B 08/10/23 Govt
39.58%
n/a
Cash
9.87%
n/a
Derivatives offset
-490.34%
Invest with TUA

What is TUA?

The Simplify Short Term Treasury Futures Strategy ETF (TUA) seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 7-10 Year Bond Index on a calendar quarter basis. The Fund does not seek to achieve its stated investment objective over a period of time different than a full calendar quarter. The fund looks to target the duration of the ICE 7-10 Year US Treasury Index by investing in Treasury futures at the short end of the curve. The fund is designed to provide significant duration from only a modest capital allocation while simultaneously attempting to harvest yield curve efficiencies from the short end of the curve.

ETFs related toTUA

ETFs correlated to TUA include SCHO, UTWO, VGSH

TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
IBTE
iShares Trust - iShares iBonds Dec 2024 Term Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
XONE
BondBloxx ETF Trust - BondBloxx Bloomberg One Year Target Duration US Treasury ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toTUA

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with TUA using Composer

FAQ

TUA is a US Bonds ETF. The Simplify Short Term Treasury Futures Strategy ETF (TUA) seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 7-10 Year Bond Index on a calendar quarter basis. The Fund does not seek to achieve its stated investment objective over a period of time different than a full calendar quarter. The fund looks to target the duration of the ICE 7-10 Year US Treasury Index by investing in Treasury futures at the short end of the curve. The fund is designed to provide significant duration from only a modest capital allocation while simultaneously attempting to harvest yield curve efficiencies from the short end of the curve.

Yes, TUA is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TUA is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TUA is 0.0799%. This is the percent change in the value of TUA over the most recent 1-month period. The 3-month return on TUA is 0.0283%. This is the percent change in the value of TUA over the most recent 3-month period.

ETFs similar to TUA include EMB, BIL, and SPTI.

ETFs correlated to TUA include SCHO, UTWO, and VGSH.

ETFs that are inversely correlated to TUA include PST, TYO, and TBX.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.