SECR vs SMBS
NYLIM MacKay Securitized Income ETF against Schwab Mortgage-Backed Securities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
24 shared positions
Fee gap
25 bp
SMBS is cheaper
1-year return gap
1.4 pts
SMBS is ahead
Larger fund
SMBS
$6.4B
Side by side
| SECR | SMBS | |
|---|---|---|
| Fund | NYLIM MacKay Securitized Income ETF | Schwab Mortgage-Backed Securities ETF |
| Issuer | New York Life | Schwab |
| Category | Mortgage & Securitized | Mortgage & Securitized |
| Expense ratio | 0.28% | 0.03% |
| Assets | $164M | $6.4B |
| Average daily dollar volume | $143K | $42M |
| Listed | May 30, 2024 | Nov 18, 2024 |
| FrenzyCap score | 47 | 94 |
| 1-month return | −1.6% | −1.2% |
| 3-month return | −3.1% | −2.8% |
| Year to date | −5.6% | −5.4% |
| 1-year return | −7.8% | −6.3% |
| 30-day volatility | 5.9% | 6.8% |
| Worst drawdown, 1 year | −9.4% | −8.4% |
| Trailing 12-month yield | 6.57% | 5.39% |
| Holdings | 457 | 4,197 |
| Top 10 weight | 16.4% | 2.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$7.0M thru Jul 2026 | +$310M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jul 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
17% of SECR · 2% of SMBS| Holding | SECR | SMBS |
|---|---|---|
| FEDERAL HOME LOAN MORTGAGE CORP 2%, due Mar 1, 2052 | 2.01% | 0.25% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 4%, due Jun 1, 2052 | 0.54% | 0.17% |
| FEDERAL HOME LOAN MORTGAGE CORP 5.5%, due Feb 1, 2055 | 0.56% | 0.15% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2%, due May 1, 2051 | 0.33% | 0.13% |
| FEDERAL HOME LOAN MORTGAGE CORP 3%, due Jun 1, 2052 | 0.22% | 0.12% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2%, due Jan 1, 2052 | 1.17% | 0.12% |
| FEDERAL HOME LOAN MORTGAGE CORP 2%, due Sep 1, 2051 | 0.85% | 0.07% |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3%, due Nov 20, 2051 | 0.41% | 0.07% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Nov 1, 2052 | 0.22% | 0.06% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Mar 1, 2056 | 0.73% | 0.06% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 4%, due May 1, 2053 | 0.49% | 0.05% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 4%, due Feb 1, 2055 | 0.25% | 0.05% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2%, due Mar 1, 2052 | 1.93% | 0.05% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due Dec 1, 2054 | 1.08% | 0.05% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5%, due Feb 1, 2055 | 0.19% | 0.04% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5%, due Oct 1, 2054 | 0.40% | 0.04% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Oct 1, 2051 | 1.27% | 0.04% |
| FEDERAL HOME LOAN MORTGAGE CORP 4.5%, due Nov 1, 2052 | 1.53% | 0.03% |
| FEDERAL HOME LOAN MORTGAGE CORP 5.5%, due Jul 1, 2053 | 0.59% | 0.03% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5%, due Jun 1, 2052 | 1.11% | 0.03% |
| FEDERAL HOME LOAN MORTGAGE CORP 5.5%, due Dec 1, 2052 | 0.30% | 0.02% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5%, due Feb 1, 2053 | 0.40% | 0.01% |
| FEDERAL NATIONAL MORTGAGE ASSOCIATION 5%, due May 1, 2053 | 0.47% | 0.01% |
| FEDERAL HOME LOAN MORTGAGE CORP 4%, due Aug 1, 2048 | 0.01% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · SECR 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.