NXTI vs. BAMU

Last updated Jun 23, 2026

NXTI (Simplify NEXT Intangible Core Index ETF) and BAMU (Brookstone Ultra-Short Bond ETF) are both exchange-traded funds - NXTI is a Large Cap Blend Equities fund tracking the NEXT Intangible Core Index, while BAMU is a Ultrashort Bond fund actively managed by Brookstone. NXTI is passively managed, while BAMU is actively managed. Over the past year, NXTI returned 16.01% vs 2.91% for BAMU. At a 0.03 correlation, their price movements are largely independent. NXTI charges 0.25%/yr vs 1.09%/yr for BAMU.

Performance

NXTI vs. BAMU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify NEXT Intangible Core Index ETF (NXTI) and Brookstone Ultra-Short Bond ETF (BAMU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NXTI achieves a 5.73% return, which is significantly higher than BAMU's 1.18% return.

NXTI

• 1D: -0.08%
• 1M: 2.12%
• YTD: 5.73%
• 6M: 3.60%
• 1Y: 16.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BAMU

• 1D: 0.02%
• 1M: 0.16%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: 2.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NXTI vs. BAMU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NXTI Simplify NEXT Intangible Core Index ETF	5.73%	16.73%	16.21%
BAMU Brookstone Ultra-Short Bond ETF	1.18%	3.21%	2.96%

Correlation

The correlation between NXTI and BAMU is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (All Time) Calculated using the full available price history since Apr 16, 2024	0.03

The correlation between NXTI and BAMU shifts across timeframes, from -0.08 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NXTI vs. BAMU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXTI

NXTI Risk / Return Rank: 28
NXTI Sharpe Ratio Rank: 30
NXTI Sortino Ratio Rank: 29
NXTI Omega Ratio Rank: 27
NXTI Calmar Ratio Rank: 26
NXTI Martin Ratio Rank: 25

BAMU

BAMU Risk / Return Rank: 98
BAMU Sharpe Ratio Rank: 98
BAMU Sortino Ratio Rank: 98
BAMU Omega Ratio Rank: 98
BAMU Calmar Ratio Rank: 99
BAMU Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXTI vs. BAMU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify NEXT Intangible Core Index ETF (NXTI) and Brookstone Ultra-Short Bond ETF (BAMU). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NXTI	BAMU	Difference
Sharpe ratio: Return per unit of total volatility	1.06	5.01	-3.94
Sortino ratio: Return per unit of downside risk	1.53	8.84	-7.31
Omega ratio: Gain probability vs. loss probability	1.19	2.43	-1.24
Calmar ratio: Return relative to maximum drawdown	1.24	24.72	-23.48
Martin ratio: Return relative to average drawdown	3.30	97.90	-94.60

NXTI vs. BAMU - Sharpe Ratio Comparison

The current NXTI Sharpe Ratio is 1.06, which is lower than the BAMU Sharpe Ratio of 5.01. The chart below compares the historical Sharpe Ratios of NXTI and BAMU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NXTI vs. BAMU - Drawdown Comparison

The maximum NXTI drawdown since its inception was -19.65%, which is greater than BAMU's maximum drawdown of -0.36%. Use the drawdown chart below to compare losses from any high point for NXTI and BAMU.

Drawdown Indicators

	NXTI	BAMU	Difference
Max Drawdown Largest peak-to-trough decline	-19.65%	-0.36%	-19.29%
Max Drawdown (1Y) Largest decline over 1 year	-12.99%	-0.12%	-12.87%
Current Drawdown Current decline from peak	-3.07%	0.00%	-3.07%
Average Drawdown Average peak-to-trough decline	-3.22%	-0.02%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	0.03%	+4.83%

Volatility

NXTI vs. BAMU - Volatility Comparison

Simplify NEXT Intangible Core Index ETF (NXTI) has a higher volatility of 5.71% compared to Brookstone Ultra-Short Bond ETF (BAMU) at 0.09%. This indicates that NXTI's price experiences larger fluctuations and is considered to be riskier than BAMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTI	BAMU	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	0.09%	+5.62%
Volatility (6M) Calculated over the trailing 6-month period	12.08%	0.40%	+11.68%
Volatility (1Y) Calculated over the trailing 1-year period	15.14%	0.58%	+14.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	0.87%	+16.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	0.87%	+16.30%

NXTI vs. BAMU - Expense Ratio Comparison

NXTI has a 0.25% expense ratio, which is lower than BAMU's 1.09% expense ratio.

Dividends

NXTI vs. BAMU - Dividend Comparison

NXTI's dividend yield for the trailing twelve months is around 0.59%, less than BAMU's 3.05% yield.

Position	TTM	2025	2024	2023
BAMU Brookstone Ultra-Short Bond ETF	3.05%	3.20%	3.97%	0.84%
NXTI Simplify NEXT Intangible Core Index ETF	0.59%	0.62%	3.70%	0.00%

Frequently Asked Questions

Can I hold both NXTI and BAMU in my portfolio?

NXTI and BAMU have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NXTI or BAMU?

NXTI has higher volatility (5.71%) compared to BAMU (0.09%). In terms of maximum drawdown, NXTI dropped -19.65% vs BAMU's -0.36%.

Which ETF is better, NXTI or BAMU?

On 1-year performance, NXTI leads with 16.01% vs 2.91% for BAMU. On fees, NXTI is cheaper at 0.25% per year. On volatility, BAMU has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NXTI or BAMU?

Over the 1-year period, NXTI has performed better with a 16.01% return vs 2.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NXTI or BAMU?

NXTI is cheaper with a 0.25% expense ratio, compared with 1.09% for BAMU.

Which ETF pays a higher dividend yield, NXTI or BAMU?

BAMU has the higher dividend yield at 3.05%, compared with 0.59% for NXTI.

What is the main difference between NXTI and BAMU?

NXTI is categorized as Large Cap Blend Equities, while BAMU is Ultrashort Bond. They also come from different issuers: Simplify and Brookstone. Their fees differ too: 0.25% for NXTI and 1.09% for BAMU.

Which has better risk-adjusted returns?

BAMU currently has the higher Sharpe Ratio (5.01 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.