LMBSvsSMBSETF Comparison
First Trust Low Duration Mortgage Opportunities ETF (LMBS) and Schwab Mortgage-Backed Securities ETF (SMBS) belong to the same industry segment: MBS & ABS. In contrast, SMBS's top sector exposures are Industrials, Finance and Government Agencies. LMBS is more expensive with a Total Expense Ratio (TER) of 0.66%, versus 0.03% for SMBS. LMBS is up 2.7% year-to-date (YTD) with +$995M in YTD flows. SMBS performs worse with 0.25% YTD performance, and +$839M in YTD flows. Run a side-by-side ETF comparison of LMBS and SMBS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
LMBS vs SMBS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | LMBS SMBS | +1.66%+3.58% | -0.38%-0.30% | +2.70%+0.25% | +3.14%+0.96% | +15.25%n/a | +13.34%n/a |
| Flows | LMBS SMBS | +$88M+$187M | +$285M+$65M | +$995M+$839M | +$1.11B+$1.06B | +$2.59B- | +$35M- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | LMBS SMBS | +2.92%+5.69% | +2.48%+4.47% | +2.55%n/a | +2.70%n/a |
| Max drawdown | LMBS SMBS | -2.21%-4.24% | -2.21%-5.12% | -2.21%n/a | -5.76%n/a |
| Max drawdown duration | LMBS SMBS | 77d71d | 77d248d | 77dn/a | 765dn/a |
LMBS | SMBS | |
Last sale 11/5/2026 at 2:30 PM | $49.15 | $24.69 |
| Previous close 11/04/2026 | $49.06 | $24.61 |
| Consolidated volume 11/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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LMBS | SMBS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
LMBS | SMBS | |
|---|---|---|
| Last price | $49.15 | $24.69 |
| 1D performance | +0.17% | +0.33% |
| AuM | $6.59 B | $6.44 B |
| E/R | 0.66% | 0.03% |
LMBS | SMBS | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | First Trust | Schwab ETFs |
| Benchmark | - | Bloomberg U.S. MBS Float Adjusted Index |
| N° of holdings | - | 429 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 4, 2014 | November 19, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
