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SBAR vs MULT

Simplify Barrier Income ETF vs Franklin Multisector Income ETF

SBAR

Simplify Barrier Income ETF

Simplify Asset Management

Annual cost

0.75%

Fund size

$291M

MULT

Franklin Multisector Income ETF

Franklin Templeton Investments

Annual cost

0.39%

Fund size

$15M

Key differences

  • MULT costs 0.36% less per year.
  • SBAR is significantly larger than MULT — larger funds tend to be more liquid and less likely to close.
  • SBAR is classified as alternative, while MULT is fixed income — different risk/return profiles.
  • SBAR covers north america markets; MULT covers emerging markets.
  • SBAR follows a option income strategy; MULT uses index tracking.

Side-by-side comparison

SBARMULT
Annual cost (TER)0.75%0.39%
Fund size (AUM)$291M$15M
Since20252025
Dividend yield12.88%
Asset classalternativefixed income
Regionnorth americaemerging markets
Strategyoption incomeindex tracking
CAGR 1Y+13.2%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y9.49%
Max drawdown-5.32%-1.70%

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

Similar to SBAR and MULT