CAAA vs SMBS
First Trust AAA CMBS ETF against Schwab Mortgage-Backed Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
0 shared positions
Fee gap
43 bp
SMBS is cheaper
1-year return gap
1.7 pts
CAAA is ahead
Larger fund
SMBS
$6.4B
Side by side
| CAAA | SMBS | |
|---|---|---|
| Fund | First Trust AAA CMBS ETF | Schwab Mortgage-Backed Securities ETF |
| Issuer | First Trust | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.46% | 0.03% |
| Assets | $35M | $6.4B |
| Average daily dollar volume | $78K | $42M |
| Listed | Feb 27, 2024 | Nov 18, 2024 |
| FrenzyCap score | 32 | 94 |
| 1-month return | −1.0% | −1.2% |
| 3-month return | −1.7% | −2.8% |
| Year to date | −3.7% | −5.4% |
| 1-year return | −4.6% | −6.3% |
| 30-day volatility | 3.5% | 6.8% |
| Worst drawdown, 1 year | −5.0% | −8.4% |
| Trailing 12-month yield | 4.83% | 5.39% |
| Holdings | 116 | 4,197 |
| Top 10 weight | 15.7% | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$3.0M thru Jul 2026 | +$310M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
0% of CAAA · 0% of SMBSNo holdings in common.
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · CAAA holdings · SMBS holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.