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TUA vs LMBS

Simplify Short Term Treasury Futures Strategy ETF vs First Trust Low Duration Opportunities ETF

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

LMBS

First Trust Low Duration Opportunities ETF

First Trust

Annual cost

0.66%

Fund size

$6.2B

Key differences

  • TUA costs 0.41% less per year.
  • LMBS is significantly larger than TUA — larger funds tend to be more liquid and less likely to close.
  • TUA is classified as alternative, while LMBS is fixed income — different risk/return profiles.
  • TUA follows a active selection strategy; LMBS uses index tracking.
  • Over the last 3 years, LMBS has delivered higher annualized returns.
  • LMBS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TUALMBS
Annual cost (TER)0.25%0.66%
Fund size (AUM)$802M$6.2B
Since20222014
Dividend yield3.63%4.09%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-1.3%+6.3%
CAGR 3Y-1.5%+5.8%
CAGR 5YN/A+3.0%
Sharpe 3Y-0.500.82
Volatility 1Y6.89%1.98%
Max drawdown-15.85%-6.48%

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

Similar to TUA and LMBS