FMY vs SMBS
FIRST TRUST MORTGAGE INCOME FUND against Schwab Mortgage-Backed Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Fee gap
—
same fee
1-year return gap
3.4 pts
SMBS is ahead
Larger fund
SMBS
$6.4B
Side by side
| FMY | SMBS | |
|---|---|---|
| Fund | FIRST TRUST MORTGAGE INCOME FUND | Schwab Mortgage-Backed Securities ETF |
| Issuer | First Trust | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | — | 0.03% |
| Assets | $46M | $6.4B |
| Average daily dollar volume | $51K | $42M |
| Listed | May 26, 2005 | Nov 18, 2024 |
| FrenzyCap score | 11 | 94 |
| 1-month return | −4.8% | −1.2% |
| 3-month return | −5.3% | −2.8% |
| Year to date | −10.2% | −5.4% |
| 1-year return | −9.8% | −6.3% |
| 30-day volatility | 27.0% | 6.8% |
| Worst drawdown, 1 year | −12.5% | −8.4% |
| Trailing 12-month yield | — | 5.39% |
| Holdings | — | 4,197 |
| Top 10 weight | — | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | — | +$310M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | 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.
More: full overlap table · FMY 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.