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REM vs SMBS

iShares Mortgage Real Estate Capped ETF vs Schwab Mortgage-Backed Securities ETF

REM

iShares Mortgage Real Estate Capped ETF

iShares

Annual cost

0.48%

Fund size

$580M

SMBS

Schwab Mortgage-Backed Securities ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$6.3B

Key differences

  • SMBS costs 0.45% less per year.
  • SMBS is significantly larger than REM — larger funds tend to be more liquid and less likely to close.
  • REM is classified as equity, while SMBS is fixed income — different risk/return profiles.
  • REM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

REMSMBS
Annual cost (TER)0.48%0.03%
Fund size (AUM)$580M$6.3B
Since20072024
Dividend yield8.60%4.82%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+15.8%+7.3%
CAGR 3Y+10.6%N/A
CAGR 5Y-1.5%N/A
Sharpe 3Y0.42N/A
Volatility 1Y16.89%4.19%
Max drawdown-68.52%-3.20%

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

Similar to REM and SMBS