BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

CMBSvsNSCIETF Comparison

ETF 1

CMBS

iShares CMBS ETF

This fund is part of

MBS & ABS

-0.45%

Full CMBS fund page

VS

ETF 2

NSCI

Nuveen Securitized Income ETF

This fund is part of

MBS & ABS

-0.45%

Full NSCI fund page

iShares CMBS ETF (CMBS) and Nuveen Securitized Income ETF (NSCI) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: MBS & ABS. CMBS's top 3 sector exposures are Industrials, Non-Corporate and Finance. In contrast, NSCI's top sector exposures are Industrials. CMBS is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.38% for NSCI. CMBS is down -0.5% year-to-date (YTD) with -$19M in YTD flows. NSCI performs better with 2.53% YTD performance, and +$165M in YTD flows. Run a side-by-side ETF comparison of CMBS and NSCI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

CMBS vs NSCI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CMBS NSCI	-1.26%-0.41%	-0.96%+0.47%	-0.50%+2.53%	+0.64%+4.15%	+16.57%n/a	+2.53%n/a
Flows	CMBS NSCI	-$2M+$42M	-$5M+$105M	-$19M+$165M	-$5M+$272M	+$14M-	-$239M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CMBS NSCI	+2.48%+1.23%	+2.53%+1.30%	+3.61%n/a	+4.56%n/a
Max drawdown	CMBS NSCI	-1.50%-0.61%	-2.12%-1.08%	-2.58%n/a	-15.21%n/a
Max drawdown duration	CMBS NSCI	24d24d	201d65d	162dn/a	1373dn/a

Trading data

Create an account to view trading data

Join for free

	CMBS	NSCI
Last sale 9/18/2026 at 1:30 PM	$47.58	$25.00
Previous close 09/17/2026	$47.60	$25.01
Consolidated volume 09/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

NSCI

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	CMBS	NSCI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/18/2026 at 1:30 PM

Live

Closed

	CMBS	NSCI
Last price	$47.58	$25.00
1D performance	-0.04%	-0.06%
AuM	$461.54 M	$270.41 M
E/R	0.25%	0.38%

Characteristics

	CMBS	NSCI
Management strategy	Passive	Active
Provider	iShares	Nuveen
Benchmark	Bloomberg US CMBS ERISA Eligible Index	-
N° of holdings	19	14
Asset class	Fixed Income	-
Trailing 12m distribution yield	Join	Join
Inception date	February 14, 2012	September 24, 2025
ESG	No	No

More CMBS data on Trackinsight

More NSCI data on Trackinsight

Exposure

Countries

CMBS

Other

100%

NSCI

Other

100%

Sectors

CMBS

Other

100%

NSCI

Other

100%

Diversification

CMBS

Total weight of top 15 holdings out of 15

12.53%

NSCI

Total weight of top 15 holdings out of 15

17.24%

Top 15 holdings

Data as of July 31, 2026

CMBS

Freddie Mac REMICS K117, 1.406% 25aug2030, USD (ABS, A2)

1.25%

US3137HCXK30

1.14%

US3137FTBM86

1.10%

US3136BXM355

0.92%

US3137FPHK45

0.90%

US3136BMXZ61

0.87%

US3137HLJ526

0.85%

US3137FCJK14

0.74%

US05555PAB85

0.73%

US3137HAAG19

0.72%

US3137HPUE10

0.71%

US3137FMTY89

0.69%

US22945DAG88

0.67%

US09661XAB47

0.64%

US3137HHHY05

0.62%

NSCI

US20753BAB80

2.32%

US46594JDP57

1.68%

US16160BCK17

1.39%

US20754QAJ76

1.32%

US67124EAK55

1.20%

US35564UEP84

0.98%

US46594YAH36

0.97%

US31418ES506

0.97%

US92541QAM78

0.96%

US26846RAJ23

0.96%

US46091XAU46

0.96%

US67124HAK86

0.96%

US23312LAU26

0.90%

US00833BBC19

0.85%

US67115SAA78

0.82%

Frequently asked questions about CMBS and NSCI

How have the CMBS and NSCI ETFs performed in 2026?

As of September 18, 2026, CMBS is down -0.5% year-to-date (YTD), while NSCI has returned 2.53%. That puts NSCI better performer ahead so far this year.

Which ETF is attracting more investor money: CMBS or NSCI?

Year-to-date, the CMBS ETF saw -$19M in flows, compared to +$165M for NSCI.

Which ETF is more volatile: CMBS or NSCI?

Over the past year, CMBS had a volatility of 2.53%, while NSCI experienced 1.3%.

Which ETF is bigger: CMBS or NSCI?

As of September 18, 2026, CMBS holds $461.54 M in assets under management (AUM), while NSCI manages $270.41 M.

What are the top holdings of the CMBS ETF and NSCI ETF?

CMBS top holdings include Freddie Mac REMICS K117, 1.406% 25aug2030, USD (ABS, A2), US3137HCXK30 and US3137FTBM86. NSCI holds in its top three: US20753BAB80, US46594JDP57 and US16160BCK17.

CMBSvsNSCIETF Comparison

iShares CMBS ETF

Nuveen Securitized Income ETF

CMBS vs NSCI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CMBS and NSCI ETFs performed in 2026?

As of September 18, 2026, CMBS is down -0.5% year-to-date (YTD), while NSCI has returned 2.53%. That puts NSCI better performer ahead so far this year.

Which ETF is attracting more investor money: CMBS or NSCI?

Year-to-date, the CMBS ETF saw -$19M in flows, compared to +$165M for NSCI.

Which ETF is more volatile: CMBS or NSCI?

Over the past year, CMBS had a volatility of 2.53%, while NSCI experienced 1.3%.

Which ETF is bigger: CMBS or NSCI?

As of September 18, 2026, CMBS holds $461.54 M in assets under management (AUM), while NSCI manages $270.41 M.

What are the top holdings of the CMBS ETF and NSCI ETF?

CMBS top holdings include Freddie Mac REMICS K117, 1.406% 25aug2030, USD (ABS, A2), US3137HCXK30 and US3137FTBM86. NSCI holds in its top three: US20753BAB80, US46594JDP57 and US16160BCK17.

Which ETF is more diversified: CMBS or NSCI?

CMBS holds 454 securities with 12.53% of its assets in the top 15. NSCI has 221 securities and a top 15 weight of 17.24%.

Have you tried our ETF Compare tool?