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SPMB vs DMBS

State Street SPDR Portfolio Mortgage Backed Bond ETF vs Mortgage ETF

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

Annual cost

0.04%

Fund size

$7.0B

DMBS

Mortgage ETF

Annual cost

0.39%

Fund size

$690M

Key differences

Both SPMB and DMBS are fixed income ETFs. SPMB charges 0.04% a year and DMBS 0.39%. The main difference: SPMB follows a index tracking strategy; DMBS uses active selection.

  • SPMB follows a index tracking strategy; DMBS uses active selection.
  • SPMB costs 0.35% less per year.
  • SPMB is much larger than DMBS. Larger funds are usually more liquid and less likely to close.
  • SPMB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPMBDMBS
Annual cost (TER)0.04%0.39%
Fund size (AUM)$7.0B$690M
Since20092023
Dividend yield4.05%5.04%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.3%+6.4%
CAGR 3Y+4.5%+4.7%
CAGR 5Y+0.4%N/A
Sharpe 3Y0.170.19
Volatility 1Y4.24%4.12%
Max drawdown-18.03%-8.03%

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

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