TUA vs. BND
Compare and contrast key facts about Simplify Short Term Treasury Futures Strategy ETF (TUA) and Vanguard Total Bond Market ETF (BND).
TUA and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TUA is an actively managed fund by Simplify. It was launched on Nov 14, 2022. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TUA or BND.
Key characteristics
| TUA | BND | |
|---|---|---|
| YTD Return | -3.65% | 2.21% |
| 1Y Return | 3.45% | 8.50% |
| Sharpe Ratio | 0.33 | 1.50 |
| Sortino Ratio | 0.56 | 2.21 |
| Omega Ratio | 1.07 | 1.26 |
| Calmar Ratio | 0.21 | 0.55 |
| Martin Ratio | 0.70 | 5.32 |
| Ulcer Index | 4.78% | 1.63% |
| Daily Std Dev | 10.20% | 5.81% |
| Max Drawdown | -15.85% | -18.84% |
| Current Drawdown | -11.44% | -8.62% |
Correlation
The correlation between TUA and BND is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TUA vs. BND - Performance Comparison
In the year-to-date period, TUA achieves a -3.65% return, which is significantly lower than BND's 2.21% 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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TUA vs. BND - Expense Ratio Comparison
TUA has a 0.16% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TUA vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Short Term Treasury Futures Strategy ETF (TUA) and Vanguard Total Bond Market ETF (BND). 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
TUA vs. BND - Dividend Comparison
TUA's dividend yield for the trailing twelve months is around 5.22%, more than BND's 3.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TUA Simplify Short Term Treasury Futures Strategy ETF | 5.22% | 4.83% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.55% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
TUA vs. BND - Drawdown Comparison
The maximum TUA drawdown since its inception was -15.85%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for TUA and BND. For additional features, visit the drawdowns tool.
Volatility
TUA vs. BND - Volatility Comparison
Simplify Short Term Treasury Futures Strategy ETF (TUA) has a higher volatility of 1.93% compared to Vanguard Total Bond Market ETF (BND) at 1.68%. This indicates that TUA's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.