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MTBA vs MBB

Simplify MBS ETF vs iShares MBS ETF

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

MBB

iShares MBS ETF

iShares

Annual cost

0.04%

Fund size

$38.3B

Key differences

  • MBB costs 0.11% less per year.
  • MBB is significantly larger than MTBA — larger funds tend to be more liquid and less likely to close.
  • MTBA is classified as alternative, while MBB is fixed income — different risk/return profiles.
  • MTBA follows a multi strategy strategy; MBB uses index tracking.
  • MBB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MTBAMBB
Annual cost (TER)0.15%0.04%
Fund size (AUM)$1.7B$38.3B
Since20232007
Dividend yield5.53%4.23%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+5.5%+7.4%
CAGR 3YN/A+4.1%
CAGR 5YN/A+0.3%
Sharpe 3YN/A0.11
Volatility 1Y3.11%4.54%
Max drawdown-3.48%-17.65%

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

Similar to MTBA and MBB