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TUA vs SPTB

Simplify Short Term Treasury Futures Strategy ETF vs State Street SPDR Portfolio Treasury ETF

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

SPTB

State Street SPDR Portfolio Treasury ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$187M

Key differences

  • SPTB costs 0.22% less per year.
  • TUA is significantly larger than SPTB — larger funds tend to be more liquid and less likely to close.
  • TUA is classified as alternative, while SPTB is fixed income — different risk/return profiles.
  • TUA follows a active selection strategy; SPTB uses index tracking.

Side-by-side comparison

TUASPTB
Annual cost (TER)0.25%0.03%
Fund size (AUM)$802M$187M
Since20222024
Dividend yield3.63%4.21%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-1.8%+4.3%
CAGR 3Y-2.2%N/A
CAGR 5YN/AN/A
Sharpe 3Y-0.58N/A
Volatility 1Y6.85%3.69%
Max drawdown-15.85%-4.96%

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

Similar to TUA and SPTB