SMBSSchwab Mortgage-Backed Securities ETF
Tracks the total return of an index composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies.
By Schwab ETFs · Launched 2024
0.03%
#40 of 5,861 · low cost
$6.5B
#389 of 5,861 · large
5.14%
1 year
#3,850 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
Bloomberg US MBS Float Adjusted Total Return Index
What it actually holds
By weightConcentration
Top 10 holdings = 4.1% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Bond profile
Duration
4.0 years
Avg maturity
9.4 years
Credit ratings
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the total return of an index composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies.
- Strategy
- Invests primarily in investment-grade mortgage-backed securities included in the Bloomberg US MBS Float Adjusted Total Return Index, which is market capitalization weighted and tracks fixed-rate agency MBS guaranteed by U.S. government agencies. The fund aims to closely track the index's total return using sampling techniques and may invest in derivatives to manage interest rate and credit risk exposure.
- Inception date
- November 18, 2024
- Fund family
- Schwab ETFs
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Data updated on 2026-08-04