JMTG vs SMBS
JPMorgan Mortgage-Backed Securities ETF against Schwab Mortgage-Backed Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
14 shared positions
Fee gap
21 bp
SMBS is cheaper
1-year return gap
0.9 pts
JMTG is ahead
Larger fund
JMTG
$6.7B
Side by side
| JMTG | SMBS | |
|---|---|---|
| Fund | JPMorgan Mortgage-Backed Securities ETF | Schwab Mortgage-Backed Securities ETF |
| Issuer | JPMorgan | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.24% | 0.03% |
| Assets | $6.7B | $6.4B |
| Average daily dollar volume | $42M | $42M |
| Listed | Aug 18, 2000 | Nov 18, 2024 |
| FrenzyCap score | 79 | 94 |
| 1-month return | −1.1% | −1.2% |
| 3-month return | −2.6% | −2.8% |
| Year to date | −4.6% | −5.4% |
| 1-year return | −5.4% | −6.3% |
| 30-day volatility | 5.3% | 6.8% |
| Worst drawdown, 1 year | −7.6% | −8.4% |
| Trailing 12-month yield | 4.52% | 5.39% |
| Holdings | 2,573 | 4,197 |
| Top 10 weight | 7.9% | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$460M thru May 2026 | +$310M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Oct 21, 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
2% of JMTG · 1% of SMBS| Holding | JMTG | SMBS |
|---|---|---|
| GNMA II MORTPASS 4% 10/52, due Oct 20, 2052 | 0.24% | 0.13% |
| UMBS MORTPASS 2.5% 11/51, due Nov 1, 2051 | 0.08% | 0.07% |
| GNMA II MORTPASS 3% 09/51, due Sep 20, 2051 | 0.17% | 0.06% |
| UMBS MORTPASS 2.5% 08/50, due Aug 1, 2050 | 0.47% | 0.05% |
| UMBS MORTPASS 3% 11/51, due Nov 1, 2051 | 0.05% | 0.06% |
| UMBS MORTPASS 2.5% 06/50, due Jun 1, 2050 | 0.05% | 0.06% |
| UMBS MORTPASS 2.5% 04/52, due Apr 1, 2052 | 0.04% | 0.06% |
| UMBS MORTPASS 2.5% 05/52, due May 1, 2052 | 0.13% | 0.02% |
| GNMA II 2.5% 07/52, due Jul 20, 2052 | 0.42% | 0.02% |
| UMBS MORTPASS 3% 09/51, due Sep 1, 2051 | 0.15% | 0.02% |
| GNMA II 2.5% 04/53, due Apr 20, 2053 | 0.02% | 0.01% |
| UMBS MORTPASS 3% 12/51, due Dec 1, 2051 | 0.05% | 0.01% |
| UMBS MORTPASS 3% 06/52, due Jun 1, 2052 | 0.11% | 0.00% |
| FHLMCGLD 5% 08/40, due Aug 1, 2040 | 0.01% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · JMTG 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.