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MTBA vs MBSX

Simplify MBS ETF vs Regan Fixed Rate MBS ETF

MTBA

Simplify MBS ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

$1.7B

MBSX

Regan Fixed Rate MBS ETF

Regan Capital

Annual cost

0.40%

Fund size

$17M

Key differences

  • MTBA costs 0.25% less per year.
  • MTBA is significantly larger than MBSX — larger funds tend to be more liquid and less likely to close.
  • MTBA is classified as alternative, while MBSX is fixed income — different risk/return profiles.
  • MTBA follows a multi strategy strategy; MBSX uses active selection.

Side-by-side comparison

MTBAMBSX
Annual cost (TER)0.15%0.40%
Fund size (AUM)$1.7B$17M
Since20232025
Dividend yield5.53%1.91%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyactive selection
CAGR 1Y+5.5%+7.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.11%37.96%
Max drawdown-3.48%-15.55%

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

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