IBHJ vs. MTBA
Compare and contrast key facts about iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) and Simplify MBS ETF (MTBA).
IBHJ and MTBA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHJ is a passively managed fund by iShares that tracks the performance of the Bloomberg 2030 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Jun 21, 2023. 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: IBHJ or MTBA.
Correlation
The correlation between IBHJ and MTBA is 0.57, 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
IBHJ vs. MTBA - Performance Comparison
Key characteristics
IBHJ:
1.96
MTBA:
1.10
IBHJ:
2.91
MTBA:
1.59
IBHJ:
1.35
MTBA:
1.20
IBHJ:
3.29
MTBA:
1.36
IBHJ:
12.11
MTBA:
3.30
IBHJ:
0.75%
MTBA:
1.43%
IBHJ:
4.64%
MTBA:
4.28%
IBHJ:
-4.72%
MTBA:
-3.48%
IBHJ:
-0.45%
MTBA:
-1.00%
Returns By Period
In the year-to-date period, IBHJ achieves a 1.83% return, which is significantly higher than MTBA's 1.45% return.
IBHJ
1.83%
0.41%
2.18%
8.84%
N/A
N/A
MTBA
1.45%
1.29%
0.12%
5.12%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBHJ vs. MTBA - Expense Ratio Comparison
IBHJ has a 0.35% expense ratio, which is higher than MTBA's 0.15% expense ratio.
Risk-Adjusted Performance
IBHJ vs. MTBA — Risk-Adjusted Performance Rank
IBHJ
MTBA
IBHJ vs. MTBA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) 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
IBHJ vs. MTBA - Dividend Comparison
IBHJ's dividend yield for the trailing twelve months is around 6.77%, more than MTBA's 5.98% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 6.77% | 6.87% | 3.66% |
MTBA Simplify MBS ETF | 5.98% | 6.03% | 0.48% |
Drawdowns
IBHJ vs. MTBA - Drawdown Comparison
The maximum IBHJ drawdown since its inception was -4.72%, which is greater than MTBA's maximum drawdown of -3.48%. Use the drawdown chart below to compare losses from any high point for IBHJ and MTBA. For additional features, visit the drawdowns tool.
Volatility
IBHJ vs. MTBA - Volatility Comparison
iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) has a higher volatility of 1.17% compared to Simplify MBS ETF (MTBA) at 1.01%. This indicates that IBHJ'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.