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MTBA vs CDX

Simplify MBS ETF vs Simplify High Yield ETF

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • MTBA costs 0.10% less per year.
  • MTBA is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

MTBACDX
Annual cost (TER)0.15%0.25%
Fund size (AUM)$1.7B$440M
Since20232022
Dividend yield5.53%8.37%
Asset classalternativealternative
Regionnorth americanorth america
Strategymulti strategymulti strategy
CAGR 1Y+5.5%-0.3%
CAGR 3YN/A+7.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.42
Volatility 1Y3.11%5.69%
Max drawdown-3.48%-13.24%

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

Similar to MTBA and CDX