MBSD vs SMBS
Northern Trust Disciplined Duration MBS 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%
83 shared positions
Fee gap
17 bp
SMBS is cheaper
1-year return gap
0.7 pts
MBSD is ahead
Larger fund
SMBS
$6.6B
Side by side
| MBSD | SMBS | |
|---|---|---|
| Fund | Northern Trust Disciplined Duration MBS ETF | Schwab Mortgage-Backed Securities ETF |
| Issuer | Northern Trust FlexShares | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.20% | 0.03% |
| Assets | $89M | $6.6B |
| Average daily dollar volume | $263K | $35M |
| Listed | Sep 3, 2014 | Nov 18, 2024 |
| FrenzyCap score | 52 | 94 |
| 1-month return | +1.8% | +2.6% |
| 3-month return | −0.8% | −1.0% |
| Year to date | −2.7% | −3.8% |
| 1-year return | −2.9% | −3.5% |
| 30-day volatility | 4.6% | 5.5% |
| Worst drawdown, 1 year | −6.2% | −8.4% |
| Trailing 12-month yield | 4.13% | 5.27% |
| Holdings | 484 | 4,318 |
| Top 10 weight | 16.9% | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$4.1M thru Jul 2026 | +$287M thru Aug 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jul 31, 2026SEC filing | as of Aug 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
31% of MBSD · 1% of SMBS| Holding | MBSD | SMBS |
|---|---|---|
| FHLMC Pool 2%, due Jun 1, 2051 | 0.62% | 0.12% |
| GNMA 2.5%, due Mar 20, 2052 | 0.87% | 0.08% |
| GNMA 3%, due Nov 20, 2049 | 1.18% | 0.08% |
| GNMA 6%, due Dec 20, 2052 | 0.29% | 0.08% |
| GNMA 3%, due Mar 20, 2052 | 1.19% | 0.07% |
| GNMA 5.5%, due Dec 20, 2052 | 0.46% | 0.06% |
| GNMA 6.5%, due Jul 20, 2054 | 0.26% | 0.06% |
| FNMA 5.5%, due Jun 1, 2055 | 0.91% | 0.06% |
| FNMA 2%, due Sep 1, 2036 | 1.30% | 0.05% |
| GNMA 2%, due Feb 20, 2052 | 0.96% | 0.04% |
| FNMA 6.5%, due Nov 1, 2053 | 0.47% | 0.04% |
| GNMA 2%, due Dec 20, 2051 | 0.94% | 0.03% |
| GNMA 6.5%, due Dec 20, 2052 | 0.79% | 0.03% |
| FNMA 1.5%, due Feb 1, 2051 | 0.50% | 0.03% |
| FHLMC Pool 2%, due Jun 1, 2041 | 0.61% | 0.03% |
| FNMA 1.5%, due Jan 1, 2036 | 0.66% | 0.03% |
| FNMA 6.5%, due May 1, 2055 | 0.45% | 0.03% |
| GNMA 3.5%, due Oct 20, 2047 | 0.29% | 0.03% |
| FHLMC Pool 2%, due Mar 1, 2041 | 0.45% | 0.02% |
| FHLMC Pool 1.5%, due Mar 1, 2041 | 0.52% | 0.02% |
| FHLMC Pool 2.5%, due Jun 1, 2041 | 0.35% | 0.02% |
| FHLMC Pool 2%, due Feb 1, 2041 | 0.39% | 0.02% |
| GNMA 7%, due Oct 20, 2053 | 0.09% | 0.02% |
| FHLMC Pool 2%, due Oct 1, 2041 | 0.38% | 0.02% |
| FHLMC Pool 7%, due Dec 1, 2053 | 0.23% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MBSD 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.