PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Simplify MBS ETF (MTBA)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerSimplify
Inception DateNov 6, 2023
CategoryGovernment Bonds
Leveraged1x
Index TrackedNo Index (Active)
Asset ClassBond

Expense Ratio

MTBA has an expense ratio of 0.15%, which is considered low compared to other funds.


Expense ratio chart for MTBA: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: MTBA vs. BUCK, MTBA vs. AGGH, MTBA vs. CDX, MTBA vs. IRONX, MTBA vs. QIS, MTBA vs. AHTPX, MTBA vs. RSST, MTBA vs. SPY, MTBA vs. XLK, MTBA vs. ^GSPC

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify MBS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.87%
14.94%
MTBA (Simplify MBS ETF)
Benchmark (^GSPC)

Returns By Period

Simplify MBS ETF had a return of 2.24% year-to-date (YTD) and 6.31% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date2.24%25.82%
1 month-0.78%3.20%
6 months2.87%14.94%
1 year6.31%35.92%
5 years (annualized)N/A14.22%
10 years (annualized)N/A11.43%

Monthly Returns

The table below presents the monthly returns of MTBA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.02%-1.07%1.01%-2.04%1.81%0.67%1.83%1.02%0.84%-2.29%2.24%
20231.57%2.04%3.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MTBA is 42, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of MTBA is 4242
Combined Rank
The Sharpe Ratio Rank of MTBA is 3737Sharpe Ratio Rank
The Sortino Ratio Rank of MTBA is 3838Sortino Ratio Rank
The Omega Ratio Rank of MTBA is 3737Omega Ratio Rank
The Calmar Ratio Rank of MTBA is 6262Calmar Ratio Rank
The Martin Ratio Rank of MTBA is 3535Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Simplify MBS ETF (MTBA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


MTBA
Sharpe ratio
The chart of Sharpe ratio for MTBA, currently valued at 1.39, compared to the broader market-2.000.002.004.006.001.39
Sortino ratio
The chart of Sortino ratio for MTBA, currently valued at 2.02, compared to the broader market0.005.0010.002.02
Omega ratio
The chart of Omega ratio for MTBA, currently valued at 1.25, compared to the broader market1.001.502.002.503.001.26
Calmar ratio
The chart of Calmar ratio for MTBA, currently valued at 2.24, compared to the broader market0.005.0010.0015.0020.002.24
Martin ratio
The chart of Martin ratio for MTBA, currently valued at 5.93, compared to the broader market0.0020.0040.0060.0080.00100.005.93
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.08, compared to the broader market-2.000.002.004.006.003.08
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.58, compared to the broader market1.001.502.002.503.001.58
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.48, compared to the broader market0.005.0010.0015.0020.004.48
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 20.05, compared to the broader market0.0020.0040.0060.0080.00100.0020.05

Sharpe Ratio

The current Simplify MBS ETF Sharpe ratio is 1.39. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Simplify MBS ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.0006 AM12 PM06 PMSat 0906 AM12 PM06 PMNov 1006 AM12 PM06 PMMon 11
1.39
3.08
MTBA (Simplify MBS ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Simplify MBS ETF provided a 5.46% dividend yield over the last twelve months, with an annual payout of $2.75 per share.


0.48%$0.00$0.05$0.10$0.15$0.20$0.252023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$2.75$0.25

Dividend yield

5.46%0.48%

Monthly Dividends

The table displays the monthly dividend distributions for Simplify MBS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.25$0.00$2.50
2023$0.25$0.25

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.18%
0
MTBA (Simplify MBS ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Simplify MBS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Simplify MBS ETF was 2.84%, occurring on Nov 1, 2024. The portfolio has not yet recovered.

The current Simplify MBS ETF drawdown is 2.18%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.84%Sep 17, 202434Nov 1, 2024
-2.55%Feb 2, 202451Apr 16, 202435Jun 5, 202486
-1.1%Dec 28, 202318Jan 24, 20246Feb 1, 202424
-0.93%Jun 24, 20246Jul 1, 20245Jul 9, 202411
-0.61%Jun 7, 20241Jun 7, 20243Jun 12, 20244

Volatility

Volatility Chart

The current Simplify MBS ETF volatility is 1.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.22%
3.89%
MTBA (Simplify MBS ETF)
Benchmark (^GSPC)