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SPMB vs JHMB

State Street SPDR Portfolio Mortgage Backed Bond ETF vs John Hancock Mortgage Backed Securities ETF

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$6.9B

JHMB

John Hancock Mortgage Backed Securities ETF

John Hancock

Annual cost

0.39%

Fund size

$216M

Key differences

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

Side-by-side comparison

SPMBJHMB
Annual cost (TER)0.04%0.39%
Fund size (AUM)$6.9B$216M
Since20092021
Dividend yield4.04%4.72%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+7.5%+6.9%
CAGR 3Y+4.3%+4.9%
CAGR 5Y+0.3%N/A
Sharpe 3Y0.140.24
Volatility 1Y4.29%3.92%
Max drawdown-18.03%-14.52%

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

Similar to SPMB and JHMB