MTBA vs. BUCK
Compare and contrast key facts about Simplify MBS ETF (MTBA) and Simplify Stable Income ETF (BUCK).
MTBA and BUCK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MTBA is an actively managed fund by Simplify. It was launched on Nov 6, 2023. BUCK is an actively managed fund by Simplify. It was launched on Oct 27, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTBA or BUCK.
Key characteristics
| MTBA | BUCK | |
|---|---|---|
| YTD Return | 2.40% | 6.30% |
| 1Y Return | 6.54% | 6.58% |
| Sharpe Ratio | 1.29 | 1.85 |
| Sortino Ratio | 1.87 | 2.69 |
| Omega Ratio | 1.24 | 1.35 |
| Calmar Ratio | 2.10 | 3.28 |
| Martin Ratio | 5.60 | 12.68 |
| Ulcer Index | 1.07% | 0.53% |
| Daily Std Dev | 4.62% | 3.61% |
| Max Drawdown | -2.84% | -2.03% |
| Current Drawdown | -2.03% | 0.00% |
Correlation
The correlation between MTBA and BUCK is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MTBA vs. BUCK - Performance Comparison
In the year-to-date period, MTBA achieves a 2.40% return, which is significantly lower than BUCK's 6.30% 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. BUCK - Expense Ratio Comparison
MTBA has a 0.15% expense ratio, which is lower than BUCK's 0.35% expense ratio.
Risk-Adjusted Performance
MTBA vs. BUCK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify MBS ETF (MTBA) and Simplify Stable Income ETF (BUCK). 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. BUCK - Dividend Comparison
MTBA's dividend yield for the trailing twelve months is around 5.45%, less than BUCK's 8.67% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
MTBA Simplify MBS ETF | 5.45% | 0.48% | 0.00% |
BUCK Simplify Stable Income ETF | 8.67% | 4.84% | 0.59% |
Drawdowns
MTBA vs. BUCK - Drawdown Comparison
The maximum MTBA drawdown since its inception was -2.84%, which is greater than BUCK's maximum drawdown of -2.03%. Use the drawdown chart below to compare losses from any high point for MTBA and BUCK. For additional features, visit the drawdowns tool.
Volatility
MTBA vs. BUCK - Volatility Comparison
Simplify MBS ETF (MTBA) and Simplify Stable Income ETF (BUCK) have volatilities of 1.22% and 1.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.