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NMB vs KORP

Simplify National Muni Bond ETF vs American Century Diversified Corporate Bond ETF

NMB

Simplify National Muni Bond ETF

Simplify Asset Management

Annual cost

0.52%

Fund size

$46M

KORP

American Century Diversified Corporate Bond ETF

American Century Investments

Annual cost

0.29%

Fund size

$799M

Key differences

  • KORP costs 0.23% less per year.
  • KORP is significantly larger than NMB — larger funds tend to be more liquid and less likely to close.
  • NMB covers north america markets; KORP covers global.
  • KORP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NMBKORP
Annual cost (TER)0.52%0.29%
Fund size (AUM)$46M$799M
Since20242018
Dividend yield5.60%5.13%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+3.0%+7.2%
CAGR 3YN/A+5.5%
CAGR 5YN/A+1.7%
Sharpe 3YN/A0.37
Volatility 1Y8.41%4.47%
Max drawdown-13.69%-14.90%

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

Similar to NMB and KORP