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LMBSvsPMBSETF Comparison

ETF 1

LMBS

First Trust Low Duration Mortgage Opportunities ETF

This fund is part of

MBS & ABS

+0.37%

Full LMBS fund page

VS

ETF 2

PMBS

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

This fund is part of

MBS & ABS

+0.37%

Full PMBS fund page

First Trust Low Duration Mortgage Opportunities ETF (LMBS) and PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund (PMBS) belong to the same industry segment: MBS & ABS. In contrast, PMBS's top sector exposures are Industrials, Sovereign and Finance. LMBS is less expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.71% for PMBS. LMBS is up 2.7% year-to-date (YTD) with +$995M in YTD flows. PMBS performs worse with -0.88% YTD performance, and +$549M in YTD flows. Run a side-by-side ETF comparison of LMBS and PMBS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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LMBS vs PMBS 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 11/04/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	LMBS PMBS	+1.66%+3.57%	-0.38%-1.62%	+2.70%-0.88%	+3.14%+0.01%	+15.25%n/a	+13.34%n/a
Flows	LMBS PMBS	+$88M+$52M	+$285M+$96M	+$995M+$549M	+$1.11B+$658M	+$2.59B-	+$35M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	LMBS PMBS	+2.92%+6.68%	+2.48%+5.04%	+2.55%n/a	+2.70%n/a
Max drawdown	LMBS PMBS	-2.21%-5.38%	-2.21%-6.56%	-2.21%n/a	-5.76%n/a
Max drawdown duration	LMBS PMBS	77d71d	77d248d	77dn/a	765dn/a

Trading data

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	LMBS	PMBS
Last sale 11/5/2026 at 2:30 PM	$49.15	$47.63
Previous close 11/04/2026	$49.06	$47.51
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 11/5/2026 at 2:30 PM

Live

Closed

	LMBS	PMBS
Last price	$49.15	$47.63
1D performance	+0.17%	+0.25%
AuM	$6.59 B	$1.45 B
E/R	0.66%	0.71%

Characteristics

	LMBS	PMBS
Management strategy	Active	Active
Provider	First Trust	PIMCO
Benchmark	-	-
N° of holdings	-	96
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	November 4, 2014	September 20, 2024
ESG	No	No

More LMBS data on Trackinsight

More PMBS data on Trackinsight

Exposure

Countries

LMBS

Data will be available soon

PMBS

Other

100%

Sectors

LMBS

Data will be available soon

PMBS

Other

100%

Diversification

LMBS

Data will be available soon

PMBS

Total weight of top 15 holdings out of 15

40.9%

Top 15 holdings

Data as of January 1, 1970

LMBS

Data will be available soon

PMBS

US01F0606B66

6.83%

US01F0306B93

3.95%

US01F0226A83

3.73%

US01F0506A92

3.24%

US01F0506B75

3.24%

US01F0426B49

2.86%

US21H0526A19

2.70%

US01F0206A20

2.32%

US3618N5ZG77

2.13%

US3142GWVD80

2.05%

US3618N56L84

1.79%

US21H0226A46

1.75%

US01F0524A74

1.56%

US01F0604A02

1.54%

US21H0206A81

1.21%

Frequently asked questions about LMBS and PMBS

How have the LMBS and PMBS ETFs performed in 2026?

As of November 4, 2026, LMBS is up 2.7% year-to-date (YTD), while PMBS has lost -0.88%. That puts LMBS better performer ahead so far this year.

Which ETF is attracting more investor money: LMBS or PMBS?

Year-to-date, the LMBS ETF saw +$995M in flows, compared to +$549M for PMBS.

Which ETF is more volatile: LMBS or PMBS?

Over the past year, LMBS had a volatility of 2.48%, while PMBS experienced 5.04%.

Which ETF is bigger: LMBS or PMBS?

As of November 4, 2026, LMBS holds $6.59 B in assets under management (AUM), while PMBS manages $1.45 B.

Agency MBS Valuations are Historically Cheap

January 1, 1970

PMBS

LMBSvsPMBSETF Comparison

First Trust Low Duration Mortgage Opportunities ETF

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund

LMBS vs PMBS 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 LMBS and PMBS ETFs performed in 2026?

As of November 4, 2026, LMBS is up 2.7% year-to-date (YTD), while PMBS has lost -0.88%. That puts LMBS better performer ahead so far this year.

Which ETF is attracting more investor money: LMBS or PMBS?

Year-to-date, the LMBS ETF saw +$995M in flows, compared to +$549M for PMBS.

Which ETF is more volatile: LMBS or PMBS?

Over the past year, LMBS had a volatility of 2.48%, while PMBS experienced 5.04%.

Which ETF is bigger: LMBS or PMBS?

As of November 4, 2026, LMBS holds $6.59 B in assets under management (AUM), while PMBS manages $1.45 B.

Agency MBS Valuations are Historically Cheap

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