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MBBA vs PMBS

iShares Mortgage-Backed Securities Active ETF vs PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

MBBA

iShares Mortgage-Backed Securities Active ETF

BlackRock

Annual cost

0.25%

Fund size

$125M

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

PIMCO

Annual cost

0.71%

Fund size

$1.3B

Key differences

  • MBBA costs 0.46% less per year.
  • PMBS is significantly larger than MBBA — larger funds tend to be more liquid and less likely to close.
  • MBBA is classified as fixed income, while PMBS is alternative — different risk/return profiles.
  • MBBA follows a index tracking strategy; PMBS uses tactical allocation.

Side-by-side comparison

MBBAPMBS
Annual cost (TER)0.25%0.71%
Fund size (AUM)$125M$1.3B
Since19981997
Dividend yield3.98%4.98%
Asset classfixed incomealternative
Regionnorth america
Strategyindex trackingtactical allocation
CAGR 1YN/A+8.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y4.26%
Max drawdown-2.83%-4.35%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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