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KAT vs MTBA

Scharf ETF vs Simplify MBS ETF

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

Key differences

  • MTBA costs 0.60% less per year.
  • KAT is classified as equity, while MTBA is alternative — different risk/return profiles.
  • KAT follows a active selection strategy; MTBA uses multi strategy.
  • KAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KATMTBA
Annual cost (TER)0.75%0.15%
Fund size (AUM)$688M$1.7B
Since20112023
Dividend yield0.39%5.53%
Asset classequityalternative
Regionnorth america
Strategyactive selectionmulti strategy
CAGR 1YN/A+5.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.11%
Max drawdown-9.25%-3.48%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to KAT and MTBA