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MTBA vs KAT

Simplify MBS ETF vs Scharf ETF

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

Key differences

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

Side-by-side comparison

MTBAKAT
Annual cost (TER)0.15%0.75%
Fund size (AUM)$1.7B$688M
Since20232011
Dividend yield5.53%0.39%
Asset classalternativeequity
Regionnorth america
Strategymulti strategyactive selection
CAGR 1Y+5.5%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.11%
Max drawdown-3.48%-9.25%

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

Similar to MTBA and KAT