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