AGGH vs. MTBA
Compare and contrast key facts about Simplify Aggregate Bond ETF (AGGH) and Simplify MBS ETF (MTBA).
AGGH and MTBA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGGH is an actively managed fund by Simplify. It was launched on Feb 14, 2022. MTBA is an actively managed fund by Simplify. It was launched on Nov 6, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGGH or MTBA.
Performance
AGGH vs. MTBA - Performance Comparison
Returns By Period
In the year-to-date period, AGGH achieves a 1.48% return, which is significantly lower than MTBA's 1.93% return.
AGGH
1.48%
0.05%
3.35%
6.50%
N/A
N/A
MTBA
1.93%
-0.10%
2.26%
4.59%
N/A
N/A
Key characteristics
| AGGH | MTBA | |
|---|---|---|
| Sharpe Ratio | 0.72 | 1.02 |
| Sortino Ratio | 1.07 | 1.46 |
| Omega Ratio | 1.13 | 1.18 |
| Calmar Ratio | 0.89 | 1.61 |
| Martin Ratio | 2.70 | 3.89 |
| Ulcer Index | 2.41% | 1.18% |
| Daily Std Dev | 9.07% | 4.49% |
| Max Drawdown | -13.26% | -2.84% |
| Current Drawdown | -4.73% | -2.48% |
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AGGH vs. MTBA - Expense Ratio Comparison
AGGH has a 0.33% expense ratio, which is higher than MTBA's 0.15% expense ratio.
Correlation
The correlation between AGGH and MTBA is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
AGGH vs. MTBA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Aggregate Bond ETF (AGGH) and Simplify MBS ETF (MTBA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AGGH vs. MTBA - Dividend Comparison
AGGH's dividend yield for the trailing twelve months is around 9.73%, more than MTBA's 5.47% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AGGH Simplify Aggregate Bond ETF | 9.73% | 9.51% | 2.11% |
MTBA Simplify MBS ETF | 5.47% | 0.48% | 0.00% |
Drawdowns
AGGH vs. MTBA - Drawdown Comparison
The maximum AGGH drawdown since its inception was -13.26%, which is greater than MTBA's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for AGGH and MTBA. For additional features, visit the drawdowns tool.
Volatility
AGGH vs. MTBA - Volatility Comparison
Simplify Aggregate Bond ETF (AGGH) has a higher volatility of 1.87% compared to Simplify MBS ETF (MTBA) at 1.16%. This indicates that AGGH's price experiences larger fluctuations and is considered to be riskier than MTBA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.