NYSEArca - Delayed Quote USD

Simplify MBS ETF (MTBA)

49.52
+0.05
+(0.10%)
At close: May 23 at 4:00:00 PM EDT
49.52
-0.00
(-0.01%)
After hours: May 23 at 4:04:11 PM EDT

ETF Summary

The fund invests at least 80% of its net assets in mortgage-backed securities. The advisor defines MBS as any agency or non-agency residential or commercial mortgage-backed security and any futures contract, forward agreement, swap contract, or option linked to the preceding. It is an actively managed exchange-traded fund that seeks to achieve its investment objectives by investing primarily in MBS’s issued by the Government National Mortgage Association, Federal National Mortgage Association and Federal Home Loan Mortgage Corporation.

ETF Overview

Category Intermediate Government
Fund Family Simplify Asset Management
Net Assets 1.57B
YTD Daily Total Return 1.44%
Yield 6.00%
Legal Type Exchange Traded Fund

ETF Operations

Attributes MTBA Category Average
Annual Report Expense Ratio (net) 0.17% 0.70%
Holdings Turnover 769.00% 274.30%
Total Net Assets 0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers