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AHTPX vs. MTBA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AHTPXMTBA
YTD Return6.65%1.79%
1Y Return14.70%5.84%
Sharpe Ratio1.521.27
Sortino Ratio2.051.84
Omega Ratio1.281.23
Calmar Ratio0.632.05
Martin Ratio5.385.37
Ulcer Index2.77%1.09%
Daily Std Dev9.81%4.61%
Max Drawdown-27.86%-2.84%
Current Drawdown-12.60%-2.61%

Correlation

-0.50.00.51.00.5

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.

Performance

AHTPX vs. MTBA - Performance Comparison

In the year-to-date period, AHTPX achieves a 6.65% return, which is significantly higher than MTBA's 1.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%JuneJulyAugustSeptemberOctoberNovember
-1.32%
2.17%
AHTPX
MTBA

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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.


AHTPX
American Beacon AHL TargetRisk Fund
Expense ratio chart for AHTPX: current value at 1.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.41%
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%

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.


AHTPX
Sharpe ratio
The chart of Sharpe ratio for AHTPX, currently valued at 1.52, compared to the broader market0.002.004.001.52
Sortino ratio
The chart of Sortino ratio for AHTPX, currently valued at 2.05, compared to the broader market0.005.0010.002.05
Omega ratio
The chart of Omega ratio for AHTPX, currently valued at 1.28, compared to the broader market1.002.003.004.001.28
Calmar ratio
The chart of Calmar ratio for AHTPX, currently valued at 1.76, compared to the broader market0.005.0010.0015.0020.0025.001.76
Martin ratio
The chart of Martin ratio for AHTPX, currently valued at 5.38, compared to the broader market0.0020.0040.0060.0080.00100.005.38
MTBA
Sharpe ratio
The chart of Sharpe ratio for MTBA, currently valued at 1.27, compared to the broader market0.002.004.001.27
Sortino ratio
The chart of Sortino ratio for MTBA, currently valued at 1.84, compared to the broader market0.005.0010.001.84
Omega ratio
The chart of Omega ratio for MTBA, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for MTBA, currently valued at 2.05, compared to the broader market0.005.0010.0015.0020.0025.002.05
Martin ratio
The chart of Martin ratio for MTBA, currently valued at 5.37, compared to the broader market0.0020.0040.0060.0080.00100.005.37

AHTPX vs. MTBA - Sharpe Ratio Comparison

The current AHTPX Sharpe Ratio is 1.52, which is comparable to the MTBA Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of AHTPX and MTBA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.301.401.501.6012 PMSat 0912 PMNov 1012 PMMon 1112 PMTue 12
1.52
1.27
AHTPX
MTBA

Dividends

AHTPX vs. MTBA - Dividend Comparison

AHTPX's dividend yield for the trailing twelve months is around 3.40%, less than MTBA's 5.48% yield.


TTM20232022202120202019
AHTPX
American Beacon AHL TargetRisk Fund
3.40%3.63%3.19%7.61%0.00%0.18%
MTBA
Simplify MBS ETF
5.48%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.67%
-2.61%
AHTPX
MTBA

Volatility

AHTPX vs. MTBA - Volatility Comparison

American Beacon AHL TargetRisk Fund (AHTPX) has a higher volatility of 2.37% compared to Simplify MBS ETF (MTBA) at 1.28%. 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.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.37%
1.28%
AHTPX
MTBA