MTBA ETF Analysis: Simplify MBS | NYSE
Intermediate Government | NYSE, USA | Market Cap: 1.281m USD | 12M Return: -1.2% | US82889N5251 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.8M
Warnings
Tailwinds
No distinct edge detected
Seasonality 2.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Simplify MBS ETF (MTBA) is an actively managed exchange-traded fund that invests at least 80% of its net assets in mortgage-backed securities. The fund takes a broad definition of MBS, covering both agency and non-agency, residential and commercial securities, as well as related derivatives such as futures, forwards, swaps, and options. It focuses primarily on MBS issued by U.S. government-sponsored enterprises and agencies, specifically the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac). The fund was listed on NYSE on November 6, 2023.
Mortgage-backed securities are fixed-income instruments backed by pools of mortgage loans, where investors receive payments derived from the underlying homeowners mortgage payments. Agency MBS issued by Ginnie Mae, Fannie Mae, and Freddie Mac benefit from explicit or implicit U.S. government support, which generally distinguishes them from non-agency MBS that carry private credit risk. The fund is classified as an Intermediate Government ETF, indicating its focus on government-backed debt securities with intermediate-term maturities.
- Fed rate cuts compress MBS yields and spreads
- Treasury yield volatility drives MBS price swings
- Rising prepayments erode MBS income as housing rebounds
- Competition from larger MBS ETFs pressures AUM growth
As of September 27, 2026, the stock is trading at USD 47.07 with a total of 337,652 shares traded. Over the past week, the price has changed by -1.30%, over one month by -3.27%, over three months by -3.42% and over the past year by -1.23%.
Current recommended Stop Loss: 46.70 (which is 0.8% or 1.7 ATR below the current price).
Simplify MBS has no consensus analysts rating.