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MTGP vs SMBS

WisdomTree Mortgage Plus Bond Fund vs Schwab Mortgage-Backed Securities ETF

MTGP

WisdomTree Mortgage Plus Bond Fund

Annual cost

0.46%

Fund size

$66M

SMBS

Schwab Mortgage-Backed Securities ETF

Annual cost

0.03%

Fund size

$6.4B

Key differences

Both MTGP and SMBS are fixed income ETFs. MTGP charges 0.46% a year and SMBS 0.03%. The main difference: MTGP follows a active selection strategy; SMBS uses index tracking.

  • MTGP follows a active selection strategy; SMBS uses index tracking.
  • SMBS costs 0.43% less per year.
  • SMBS is much larger than MTGP. Larger funds are usually more liquid and less likely to close.
  • MTGP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MTGPSMBS
Annual cost (TER)0.46%0.03%
Fund size (AUM)$66M$6.4B
Since20192024
Dividend yield4.31%5.14%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.6%+6.2%
CAGR 3Y+4.6%N/A
CAGR 5Y+0.4%N/A
Sharpe 3Y0.18N/A
Volatility 1Y4.72%4.12%
Max drawdown-16.63%-3.20%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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