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PBUS vs MTBA

Invesco MSCI USA ETF vs Simplify MBS ETF

PBUS

Invesco MSCI USA ETF

Annual cost

0.04%

Fund size

$11.4B

MTBA

Simplify MBS ETF

Annual cost

0.15%

Fund size

$1.6B

Key differences

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

Side-by-side comparison

PBUSMTBA
Annual cost (TER)0.04%0.15%
Fund size (AUM)$11.4B$1.6B
Since20172023
Dividend yield0.98%5.52%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+24.6%+4.4%
CAGR 3Y+22.6%N/A
CAGR 5Y+13.1%N/A
Sharpe 3Y1.19N/A
Volatility 1Y12.39%3.09%
Max drawdown-33.15%-3.48%

Similar to PBUS and MTBA