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SPMB vs MBBA

State Street SPDR Portfolio Mortgage Backed Bond ETF vs iShares Mortgage-Backed Securities Active ETF

SPMB

State Street SPDR Portfolio Mortgage Backed Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$6.9B

MBBA

iShares Mortgage-Backed Securities Active ETF

BlackRock

Annual cost

0.25%

Fund size

$125M

Key differences

  • SPMB costs 0.21% less per year.
  • SPMB is significantly larger than MBBA — larger funds tend to be more liquid and less likely to close.
  • MBBA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPMBMBBA
Annual cost (TER)0.04%0.25%
Fund size (AUM)$6.9B$125M
Since20091998
Dividend yield4.04%3.98%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.2%N/A
CAGR 3Y+4.0%N/A
CAGR 5Y+0.2%N/A
Sharpe 3Y0.10N/A
Volatility 1Y4.28%
Max drawdown-18.03%-2.83%

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

Similar to SPMB and MBBA