Screener
MTBA vs PFIX
Simplify MBS ETF vs Simplify Interest Rate Hedge ETF
Key differences
Both MTBA and PFIX are fixed income ETFs. MTBA charges 0.15% a year and PFIX 0.50%. The main difference: MTBA follows a multi strategy strategy; PFIX uses tactical allocation.
- MTBA follows a multi strategy strategy; PFIX uses tactical allocation.
- MTBA costs 0.35% less per year.
- MTBA is much larger than PFIX. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| MTBA | PFIX | |
|---|---|---|
| Annual cost (TER) | 0.15% | 0.50% |
| Fund size (AUM) | $1.6B | $231M |
| Since | 2023 | 2021 |
| Dividend yield | 5.52% | 4.55% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | tactical allocation |
| CAGR 1Y | +5.0% | -13.2% |
| CAGR 3Y | N/A | +14.5% |
| CAGR 5Y | N/A | +16.7% |
| Sharpe 3Y | N/A | 0.45 |
| Volatility 1Y | 3.08% | 30.44% |
| Max drawdown | -3.48% | -36.17% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.