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MTBA vs CMBS

Simplify MBS ETF vs iShares CMBS ETF

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

CMBS

iShares CMBS ETF

iShares

Annual cost

0.25%

Fund size

$481M

Key differences

  • MTBA costs 0.10% less per year.
  • MTBA is significantly larger than CMBS — larger funds tend to be more liquid and less likely to close.
  • MTBA is classified as alternative, while CMBS is fixed income — different risk/return profiles.
  • MTBA follows a multi strategy strategy; CMBS uses index tracking.
  • CMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MTBACMBS
Annual cost (TER)0.15%0.25%
Fund size (AUM)$1.7B$481M
Since20232012
Dividend yield5.53%3.52%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+5.5%+4.7%
CAGR 3YN/A+4.9%
CAGR 5YN/A+0.9%
Sharpe 3YN/A0.30
Volatility 1Y3.11%3.64%
Max drawdown-3.48%-15.87%

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

Similar to MTBA and CMBS