MTGP vs SMBS
WisdomTree Mortgage Plus Bond Fund against Schwab Mortgage-Backed Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
23 shared positions
Fee gap
43 bp
SMBS is cheaper
1-year return gap
0.5 pts
MTGP is ahead
Larger fund
SMBS
$6.4B
Side by side
| MTGP | SMBS | |
|---|---|---|
| Fund | WisdomTree Mortgage Plus Bond Fund | Schwab Mortgage-Backed Securities ETF |
| Issuer | WisdomTree | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.46% | 0.03% |
| Assets | $72M | $6.4B |
| Average daily dollar volume | $325K | $42M |
| Listed | Nov 12, 2019 | Nov 18, 2024 |
| FrenzyCap score | 39 | 94 |
| 1-month return | −1.4% | −1.2% |
| 3-month return | −3.0% | −2.8% |
| Year to date | −4.8% | −5.4% |
| 1-year return | −5.8% | −6.3% |
| 30-day volatility | 5.0% | 6.8% |
| Worst drawdown, 1 year | −7.3% | −8.4% |
| Trailing 12-month yield | 4.68% | 5.39% |
| Holdings | 184 | 4,197 |
| Top 10 weight | 22.4% | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$8.9M thru May 2026 | +$310M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | 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
30% of MTGP · 1% of SMBS| Holding | MTGP | SMBS |
|---|---|---|
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Apr 1, 2052 | 1.37% | 0.16% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2.5%, due Jun 20, 2051 | 0.82% | 0.16% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 6%, due Jul 1, 2055 | 1.79% | 0.13% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 4%, due Oct 20, 2052 | 0.22% | 0.13% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2.5%, due Sep 20, 2051 | 1.94% | 0.12% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2%, due Jan 1, 2052 | 2.11% | 0.12% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Aug 1, 2053 | 3.68% | 0.09% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2%, due Oct 20, 2051 | 2.54% | 0.08% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Nov 1, 2055 | 1.01% | 0.08% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 5.5%, due Sep 20, 2053 | 1.00% | 0.07% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Sep 1, 2052 | 2.47% | 0.07% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.5%, due Jul 1, 2052 | 1.40% | 0.05% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3.5%, due Dec 20, 2047 | 1.21% | 0.05% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5%, due Feb 1, 2055 | 1.41% | 0.04% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2%, due Dec 20, 2051 | 0.51% | 0.04% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Jun 1, 2052 | 1.01% | 0.03% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 4.5%, due Sep 1, 2052 | 1.20% | 0.02% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3%, due Apr 20, 2045 | 0.35% | 0.02% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3%, due Jul 20, 2045 | 0.72% | 0.02% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Dec 1, 2051 | 0.73% | 0.01% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 3%, due May 1, 2052 | 2.20% | 0.01% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3%, due Mar 20, 2045 | 0.16% | 0.00% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Nov 1, 2050 | 0.47% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · MTGP 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.