MTBA vs. AHTPX
Compare and contrast key facts about Simplify MBS ETF (MTBA) and American Beacon AHL TargetRisk Fund (AHTPX).
MTBA is an actively managed fund by Simplify. It was launched on Nov 6, 2023. AHTPX is managed by American Beacon. It was launched on Dec 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTBA or AHTPX.
Key characteristics
| MTBA | AHTPX | |
|---|---|---|
| YTD Return | 2.40% | 7.79% |
| 1Y Return | 6.54% | 16.16% |
| Sharpe Ratio | 1.29 | 1.64 |
| Sortino Ratio | 1.87 | 2.21 |
| Omega Ratio | 1.24 | 1.31 |
| Calmar Ratio | 2.10 | 0.67 |
| Martin Ratio | 5.60 | 5.84 |
| Ulcer Index | 1.07% | 2.75% |
| Daily Std Dev | 4.62% | 9.75% |
| Max Drawdown | -2.84% | -27.86% |
| Current Drawdown | -2.03% | -11.67% |
Correlation
The correlation between MTBA and AHTPX 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
MTBA vs. AHTPX - Performance Comparison
In the year-to-date period, MTBA achieves a 2.40% return, which is significantly lower than AHTPX's 7.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MTBA vs. AHTPX - Expense Ratio Comparison
MTBA has a 0.15% expense ratio, which is lower than AHTPX's 1.41% expense ratio.
Risk-Adjusted Performance
MTBA vs. AHTPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify MBS ETF (MTBA) and American Beacon AHL TargetRisk Fund (AHTPX). 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
MTBA vs. AHTPX - Dividend Comparison
MTBA's dividend yield for the trailing twelve months is around 5.45%, more than AHTPX's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
MTBA Simplify MBS ETF | 5.45% | 0.48% | 0.00% | 0.00% | 0.00% | 0.00% |
AHTPX American Beacon AHL TargetRisk Fund | 3.37% | 3.63% | 3.19% | 7.61% | 0.00% | 0.18% |
Drawdowns
MTBA vs. AHTPX - Drawdown Comparison
The maximum MTBA drawdown since its inception was -2.84%, smaller than the maximum AHTPX drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for MTBA and AHTPX. For additional features, visit the drawdowns tool.
Volatility
MTBA vs. AHTPX - Volatility Comparison
The current volatility for Simplify MBS ETF (MTBA) is 1.22%, while American Beacon AHL TargetRisk Fund (AHTPX) has a volatility of 2.28%. This indicates that MTBA experiences smaller price fluctuations and is considered to be less risky than AHTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.