AHTPX vs. MTBA
Compare and contrast key facts about American Beacon AHL TargetRisk Fund (AHTPX) and Simplify MBS ETF (MTBA).
AHTPX is managed by American Beacon. It was launched on Dec 30, 2018. 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: AHTPX or MTBA.
Performance
AHTPX vs. MTBA - Performance Comparison
Returns By Period
In the year-to-date period, AHTPX achieves a 7.03% return, which is significantly higher than MTBA's 1.73% return.
AHTPX
7.03%
-1.31%
-1.75%
12.88%
0.55%
N/A
MTBA
1.73%
-0.48%
2.09%
4.38%
N/A
N/A
Key characteristics
| AHTPX | MTBA | |
|---|---|---|
| Sharpe Ratio | 1.32 | 0.95 |
| Sortino Ratio | 1.79 | 1.37 |
| Omega Ratio | 1.24 | 1.17 |
| Calmar Ratio | 0.57 | 1.50 |
| Martin Ratio | 4.46 | 3.66 |
| Ulcer Index | 2.89% | 1.17% |
| Daily Std Dev | 9.77% | 4.49% |
| Max Drawdown | -27.86% | -2.84% |
| Current Drawdown | -12.29% | -2.67% |
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AHTPX vs. MTBA - Expense Ratio Comparison
AHTPX has a 1.41% expense ratio, which is higher than MTBA's 0.15% expense ratio.
Correlation
The correlation between AHTPX and MTBA is 0.45, 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
AHTPX vs. MTBA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon AHL TargetRisk Fund (AHTPX) 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
AHTPX vs. MTBA - Dividend Comparison
AHTPX's dividend yield for the trailing twelve months is around 3.39%, less than MTBA's 5.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
AHTPX American Beacon AHL TargetRisk Fund | 3.39% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% |
MTBA Simplify MBS ETF | 5.49% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AHTPX vs. MTBA - Drawdown Comparison
The maximum AHTPX drawdown since its inception was -27.86%, which is greater than MTBA's maximum drawdown of -2.84%. Use the drawdown chart below to compare losses from any high point for AHTPX and MTBA. For additional features, visit the drawdowns tool.
Volatility
AHTPX vs. MTBA - Volatility Comparison
American Beacon AHL TargetRisk Fund (AHTPX) has a higher volatility of 2.34% compared to Simplify MBS ETF (MTBA) at 1.15%. This indicates that AHTPX'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.