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

Performance

MTBA vs. AHTPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify MBS ETF (MTBA) and American Beacon AHL TargetRisk Fund (AHTPX). The values are adjusted to include any dividend payments, if applicable.

-6.00%-4.00%-2.00%0.00%2.00%4.00%JuneJulyAugustSeptemberOctoberNovember
2.09%
-1.75%
MTBA
AHTPX

Returns By Period

In the year-to-date period, MTBA achieves a 1.73% return, which is significantly lower than AHTPX's 7.03% return.


MTBA

YTD

1.73%

1M

-0.48%

6M

2.09%

1Y

4.38%

5Y (annualized)

N/A

10Y (annualized)

N/A

AHTPX

YTD

7.03%

1M

-1.31%

6M

-1.75%

1Y

12.88%

5Y (annualized)

0.55%

10Y (annualized)

N/A

Key characteristics


MTBAAHTPX
Sharpe Ratio0.951.32
Sortino Ratio1.371.79
Omega Ratio1.171.24
Calmar Ratio1.500.57
Martin Ratio3.664.46
Ulcer Index1.17%2.89%
Daily Std Dev4.49%9.77%
Max Drawdown-2.84%-27.86%
Current Drawdown-2.67%-12.29%

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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.


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%

Correlation

-0.50.00.51.00.4

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.

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.


Sharpe ratio
The chart of Sharpe ratio for MTBA, currently valued at 0.95, compared to the broader market0.002.004.000.951.32
The chart of Sortino ratio for MTBA, currently valued at 1.37, compared to the broader market-2.000.002.004.006.008.0010.0012.001.371.79
The chart of Omega ratio for MTBA, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.24
The chart of Calmar ratio for MTBA, currently valued at 1.50, compared to the broader market0.005.0010.0015.001.501.52
The chart of Martin ratio for MTBA, currently valued at 3.66, compared to the broader market0.0020.0040.0060.0080.00100.003.664.46
MTBA
AHTPX

The current MTBA Sharpe Ratio is 0.95, which is comparable to the AHTPX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of MTBA and AHTPX, 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 Ratio1.001.101.201.301.401.501.60Sat 09Nov 10Mon 11Tue 12Wed 13Thu 14Fri 15Sat 16Nov 17Mon 18Tue 19Wed 20Thu 21
0.95
1.32
MTBA
AHTPX

Dividends

MTBA vs. AHTPX - Dividend Comparison

MTBA's dividend yield for the trailing twelve months is around 5.49%, more than AHTPX's 3.39% yield.


TTM20232022202120202019
MTBA
Simplify MBS ETF
5.49%0.48%0.00%0.00%0.00%0.00%
AHTPX
American Beacon AHL TargetRisk Fund
3.39%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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.67%
-4.33%
MTBA
AHTPX

Volatility

MTBA vs. AHTPX - Volatility Comparison

The current volatility for Simplify MBS ETF (MTBA) is 1.15%, while American Beacon AHL TargetRisk Fund (AHTPX) has a volatility of 2.34%. 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.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.15%
2.34%
MTBA
AHTPX