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SMBS vs REM

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

SMBS

Schwab Mortgage-Backed Securities ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$6.3B

REM

iShares Mortgage Real Estate Capped ETF

iShares

Annual cost

0.48%

Fund size

$580M

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.
  • SMBS is classified as fixed income, while REM is equity — different risk/return profiles.
  • REM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMBSREM
Annual cost (TER)0.03%0.48%
Fund size (AUM)$6.3B$580M
Since20242007
Dividend yield4.82%8.60%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.3%+15.8%
CAGR 3YN/A+10.6%
CAGR 5YN/A-1.5%
Sharpe 3YN/A0.42
Volatility 1Y4.19%16.89%
Max drawdown-3.20%-68.52%

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

Similar to SMBS and REM