MFEM vs TLTP
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF vs Amplify TLT US Treasury 12% Option Income ETF
Quick Verdict
TLTP has a lower expense ratio. MFEM delivered stronger 1-year returns. MFEM offers more diversification with 701 holdings.
Side-by-Side Comparison
| Metric | MFEM | TLTP | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.39% | |
| AUM | $156M | $25M | |
| Dividend Yield | 2.39% | 15.05% | |
| Holdings | 701 | 5 | |
| YTD Return | +21.80% | -8.91% | |
| 1Y Return | +33.81% | -6.89% | |
| 3Y Return (annualized) | +20.43% | - | |
| 5Y Return (annualized) | +8.97% | - | |
| Volatility (annualized) | 17.7% | 8.7% | |
| Max Drawdown | -45.3% | -13.3% | |
| Fund Family | PIMCO (US) | Amplify ETFs | |
| Category | Equity | Alternative | |
| Inception | Aug 31, 2017 | Oct 29, 2024 |
MFEM vs TLTP Performance
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) is a ETF from PIMCO (US) and Amplify TLT US Treasury 12% Option Income ETF (TLTP) is a ETF from Amplify ETFs. Over the past year MFEM returned +33.81% while TLTP returned -6.89%. Year to date, MFEM is up 21.80% versus a loss of 8.91% for TLTP.
Risk: Volatility and Drawdowns
MFEM has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 8.7% for TLTP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.3% for MFEM and -13.3% for TLTP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MFEM charges 0.49% per year while TLTP charges 0.39%. On a $10,000 position that is $49 vs $39 annually, a gap of $10 per year that compounds over a long holding period. On income, MFEM currently yields 2.39% against 15.05% for TLTP.
Holdings Overlap
MFEM and TLTP share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MFEM or TLTP?
MFEM has an expense ratio of 0.49% while TLTP charges 0.39%. TLTP is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, MFEM or TLTP?
Over the past year MFEM returned +33.81% vs -6.89% for TLTP, so MFEM leads on 1-year performance. Over the longest common window we track (2 years), MFEM annualized +6.84% vs -5.03% for TLTP. Past performance does not guarantee future results.
Which is riskier, MFEM or TLTP?
MFEM has been the more volatile fund at 17.7% annualized versus 8.7% for TLTP. Worst drawdown: MFEM -45.3% vs TLTP -13.3%.
Should I hold both MFEM and TLTP?
MFEM and TLTP have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MFEM and TLTP?
MFEM and TLTP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, MFEM or TLTP?
MFEM yields 2.39% while TLTP yields 15.05%, so TLTP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.