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TUA vs TBLL

Simplify Short Term Treasury Futures Strategy ETF vs Invesco Short Term Treasury ETF

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

TBLL

Invesco Short Term Treasury ETF

Invesco

Annual cost

0.08%

Fund size

$2.9B

Key differences

  • TBLL costs 0.17% less per year.
  • TBLL is significantly larger than TUA — larger funds tend to be more liquid and less likely to close.
  • TUA is classified as alternative, while TBLL is fixed income — different risk/return profiles.
  • TUA follows a active selection strategy; TBLL uses index tracking.
  • Over the last 3 years, TBLL has delivered higher annualized returns.
  • TBLL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TUATBLL
Annual cost (TER)0.25%0.08%
Fund size (AUM)$802M$2.9B
Since20222017
Dividend yield3.63%3.82%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-1.8%+4.0%
CAGR 3Y-2.2%+4.7%
CAGR 5YN/A+3.3%
Sharpe 3Y-0.582.09
Volatility 1Y6.85%0.19%
Max drawdown-15.85%-0.64%

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

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