{
 "ticker": "MTBA",
 "name": "Simplify MBS ETF",
 "issuer": "Simplify",
 "desk": "core",
 "url": "https://etfiq.com/funds/mtba",
 "html": "https://etfiq.com/funds/mtba",
 "markdown": "https://etfiq.com/funds/mtba.md",
 "as_of": "2026-11-12",
 "verdict": "MTBA is actively managed and returned \u22120.8% over the past year.",
 "lead": "MTBA returned \u22120.8% over the year to Nov 12, 2026, charges 0.28% a year and holds $883m in net assets on Nov 11, 2026.",
 "category": {
  "id": "bonds",
  "name": "Bonds",
  "label": "Bond ETFs",
  "url": "https://etfiq.com/bonds/",
  "group": {
   "id": "taxable-bonds",
   "name": "Taxable bonds"
  },
  "segment": {
   "id": "government-mortgage",
   "name": "Government mortgage-backed",
   "url": "https://etfiq.com/bonds/government-mortgage/"
  },
  "status": "classified",
  "as_of": "2026-11-12",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": "delivered",
  "label": "Delivered",
  "category": "bonds",
  "sentence": "As of Jun 30, 2026, MTBA held 101.3% of net assets in mortgage bonds.",
  "figure": 101.3,
  "unit": "% of net assets",
  "from": "2026-06-30",
  "to": "2026-06-30",
  "url": "https://etfiq.com/promise-index/bonds/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22120.8%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-11-12",
   "sentence": "MTBA, total return, 1 year: \u22120.8%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22120.8%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/mtba#fact-total-return-1-year",
    "text": "MTBA, total return, 1 year: \u22120.8%, as of Nov 12, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.28%",
   "source": "485BPOS XBRL, Oct 28, 2026",
   "as_of": "2026-10-28",
   "sentence": "MTBA, expense ratio: 0.28%, as of Oct 28, 2026.",
   "cite": {
    "value": "0.28%",
    "as_of": "2026-10-28",
    "source": "485BPOS XBRL, Oct 28, 2026",
    "url": "https://etfiq.com/funds/mtba#fact-expense-ratio",
    "text": "MTBA, expense ratio: 0.28%, as of Oct 28, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "12",
   "source": "its SEC filing (Form N-PORT)",
   "as_of": "2026-06-30",
   "sentence": "MTBA, holdings: 12, as of Jun 30, 2026.",
   "cite": {
    "value": "12",
    "as_of": "2026-06-30",
    "source": "its SEC filing (Form N-PORT)",
    "url": "https://etfiq.com/funds/mtba#fact-holdings",
    "text": "MTBA, holdings: 12, as of Jun 30, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22123.1%",
   "source": "ETFIQ",
   "as_of": "2026-11-12",
   "sentence": "MTBA, below its high: \u22123.1%, as of Nov 12, 2026.",
   "cite": {
    "value": "\u22123.1%",
    "as_of": "2026-11-12",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/mtba#fact-below-its-high",
    "text": "MTBA, below its high: \u22123.1%, as of Nov 12, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "5.7%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-11-12",
   "sentence": "MTBA, 12-month yield, capital gains included, on its starting price: 5.7%, as of Nov 12, 2026.",
   "cite": {
    "value": "5.7%",
    "as_of": "2026-11-12",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/mtba#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "MTBA, 12-month yield, capital gains included, on its starting price: 5.7%, as of Nov 12, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid monthly), ex-date Oct 27, 2026",
   "value": "$0.23",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-10-27",
   "sentence": "MTBA, last payment (paid monthly), ex-date Oct 27, 2026: $0.23, as of Oct 27, 2026.",
   "cite": {
    "value": "$0.23",
    "as_of": "2026-10-27",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/mtba#fact-last-payment",
    "text": "MTBA, last payment (paid monthly), ex-date Oct 27, 2026: $0.23, as of Oct 27, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$883m",
   "source": "issuer page, as of Nov 11, 2026",
   "as_of": "2026-11-11",
   "sentence": "MTBA, net assets: $883m (issuer page, as of Nov 11, 2026).",
   "cite": {
    "value": "$883m",
    "as_of": "2026-11-11",
    "source": "issuer page, as of Nov 11, 2026",
    "url": "https://etfiq.com/funds/mtba#fact-net-assets",
    "text": "MTBA, net assets: $883m (issuer page, as of Nov 11, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "No index, actively managed",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Bond fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Bonds \u00b7 Government mortgage-backed",
   "source": "ETFIQ"
  },
  {
   "key": "region",
   "label": "Region",
   "value": "United States",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.28%",
   "source": "485BPOS XBRL, Oct 28, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$47.21",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Nov 7, 2023",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$883m",
   "source": "issuer page, as of Nov 11, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22123.1%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "12",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "not published",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "why_no_share_is_published",
   "label": "Why no share is published",
   "value": "Holdings are gross exposure, not a portfolio",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+0.7%"
  },
  {
   "window": "3 months",
   "Total return": "\u22121.9%"
  },
  {
   "window": "6 months",
   "Total return": "\u22121.4%"
  },
  {
   "window": "Year to date",
   "Total return": "\u22121.7%"
  },
  {
   "window": "1 year",
   "Total return": "\u22120.8%"
  },
  {
   "window": "3 years",
   "Total return": "+12.3%"
  },
  {
   "window": "Since launch",
   "Total return": "+11.9%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+3.8%"
  }
 ],
 "questions": [
  {
   "q": "How has MTBA performed?",
   "a": "Over the year to Nov 12, 2026, MTBA returned \u22120.8% with distributions reinvested. Over three years the number is +12.3%."
  },
  {
   "q": "What does MTBA cost?",
   "a": "The prospectus expense ratio is 0.28% a year."
  },
  {
   "q": "How far is MTBA below its high?",
   "a": "3.1% below its high of Feb 27, 2026, measured on the reinvested series to Nov 12, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Nov 12, 2026",
   "value": "$50.76 on Feb 23, 2026",
   "as_of": "2026-02-23",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 50.76,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Nov 12, 2026",
   "value": "$46.70 on Oct 5, 2026",
   "as_of": "2026-10-05",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 46.7,
   "window": {
    "from": "2025-11-13",
    "to": "2026-11-12"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Nov 12, 2026, within that range",
   "value": "$47.21, 13% of the way from the low to the high",
   "as_of": "2026-11-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 47.21
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "12",
   "as_of": "2026-11-12",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-11-11",
  "score": null,
  "tier": null,
  "status": "not-scored",
  "lines": [
   "Not scored.",
   "Premium to NAV at the Nov 11 close: \u22120.07%; 95% of days within \u00b10.08%."
  ],
  "page": "https://etfiq.com/funds/mtba/trading/"
 },
 "outside_us": [
  {
   "key": "statutory",
   "label": "US tax withheld on dividends, no treaty",
   "value": "30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 30.0,
   "url": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf"
  },
  {
   "key": "treaty",
   "label": "Treaty rates on dividends (IRS table, read Oct 30, 2026)",
   "value": "65 countries, 10% to 30%",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf",
   "number": 65.0,
   "url": "https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables"
  },
  {
   "key": "qii",
   "label": "MTBA interest-related and short-term gain dividends",
   "value": "not read by ETFIQ"
  },
  {
   "key": "estate",
   "label": "US estate tax filing threshold, non-resident holders",
   "value": "$60,000",
   "date": "2026-10-30",
   "source": "https://www.irs.gov/instructions/i706na",
   "number": 60000.0,
   "url": "https://www.irs.gov/instructions/i706na"
  },
  {
   "key": "dist",
   "label": "Share class",
   "value": "Distributing",
   "source": "https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title26-section852&num=0&edition=prelim",
   "url": "https://etfiq.com/learn/non-us-holders"
  }
 ],
 "flows": {
  "as_of": "2026-11-11",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/mtba.json",
  "windows": [
   {
    "window": "1 day",
    "from": "2026-11-11",
    "to": "2026-11-11",
    "net_flow_usd": 0,
    "net_flow": "$0",
    "round_trip_usd": 0,
    "days_counted": 1,
    "trading_days": 1
   }
  ],
  "daily_counts_start": "2026-11-09",
  "windows_without_daily_figure": [
   "1 week",
   "1 month",
   "3 months",
   "Year to date",
   "1 year"
  ]
 },
 "generated": "2026-11-13",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, MTBA, bond fund, data as of Nov 12, 2026. https://etfiq.com/funds/mtba"
}