PMBS vs SMBS
PIMCO Mortgage-Backed Securities Active Exchange-Traded 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%
38 shared positions
Fee gap
68 bp
SMBS is cheaper
1-year return gap
0.3 pts
SMBS is ahead
Larger fund
SMBS
$6.4B
Side by side
| PMBS | SMBS | |
|---|---|---|
| Fund | PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund | Schwab Mortgage-Backed Securities ETF |
| Issuer | PIMCO | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.71% | 0.03% |
| Assets | $1.4B | $6.4B |
| Average daily dollar volume | $13M | $42M |
| Listed | Jul 31, 1997 | Nov 18, 2024 |
| FrenzyCap score | 51 | 94 |
| 1-month return | −1.8% | −1.2% |
| 3-month return | −3.7% | −2.8% |
| Year to date | −6.1% | −5.4% |
| 1-year return | −6.6% | −6.3% |
| 30-day volatility | 7.0% | 6.8% |
| Worst drawdown, 1 year | −9.5% | −8.4% |
| Trailing 12-month yield | 4.97% | 5.39% |
| Holdings | 1,305 | 4,197 |
| Top 10 weight | 63.1% | 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 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
7% of PMBS · 1% of SMBS| Holding | PMBS | SMBS |
|---|---|---|
| FNMA PASS THRU 30YR #SD8469, due Oct 1, 2054 | 0.64% | 0.35% |
| GNMA II MULTPL SGL 30YR #MA7649M, due Oct 20, 2051 | 3.64% | 0.13% |
| GNMA II MULTPL SGL 30YR #MA7937M, due Mar 20, 2052 | 1.11% | 0.07% |
| FNMA PASS THRU 30YR #SD8420, due Apr 1, 2054 | 0.47% | 0.07% |
| FNMA PASS THRU 30YR #SD8515, due Mar 1, 2055 | 0.33% | 0.05% |
| FNMA PASS THRU 30YR #RJ2854, due Nov 1, 2054 | 0.24% | 0.04% |
| GNMA II MULTPL SGL 30YR #MB0022M, due Nov 20, 2054 | 0.29% | 0.04% |
| GNMA II MULTPL SGL 30YR #MB0362M, due May 20, 2055 | 0.21% | 0.04% |
| FNMA PASS THRU 30YR #MA5906, due Dec 1, 2055 | 0.06% | 0.03% |
| FNMA PASS THRU 30YR #ZT1857, due Mar 1, 2049 | 0.03% | 0.04% |
| GNMA II MULTPL SGL 30YR #MB0143M, due Jan 20, 2055 | 0.02% | 0.03% |
| FNMA PASS THRU 30YR #ZT1858, due Apr 1, 2049 | 0.02% | 0.05% |
| GNMA II MULTPL SGL 30YR #MA3244M, due Nov 20, 2045 | 0.01% | 0.01% |
| GNMA II MULTPL SGL 30YR #MA0782M, due Feb 20, 2043 | 0.02% | 0.01% |
| FNMA PASS THRU 20YR #MA4660, due Jul 1, 2042 | 0.02% | 0.01% |
| GNMA II MULTPL SGL 30YR #MA5764M, due Feb 20, 2049 | 0.01% | 0.01% |
| GNMA II MULTPL SGL 30YR #MB0552M, due Aug 20, 2055 | 0.18% | 0.01% |
| FHLMC GOLD 15YR GNT #G1-8666, due Nov 1, 2032 | 0.01% | 0.01% |
| FNMA PASS THRU 30YR #RA9862, due Sep 1, 2053 | 0.01% | 0.01% |
| FNMA PASS THRU 15YR #MA3188, due Nov 1, 2032 | 0.01% | 0.01% |
| GNMA II MULTPL SGL 30YR #MA1089M, due Jun 20, 2043 | 0.05% | 0.01% |
| GNMA II MULTPL SGL 30YR #MA5711M, due Jan 20, 2049 | 0.00% | 0.03% |
| GNMA II MULTPL SGL 30YR #MA5193M, due May 20, 2048 | 0.00% | 0.01% |
| FHLMC GOLD 30YR GNT #G0-8789, due Nov 1, 2047 | 0.00% | 0.01% |
| FNMA PASS THRU 20YR #MA3465, due Sep 1, 2038 | 0.00% | 0.00% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · PMBS 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.