MBSvsSMBSETF Comparison
Angel Oak Mortgage-Backed Securities ETF (MBS) and Schwab Mortgage-Backed Securities ETF (SMBS) belong to the same industry segment: MBS & ABS. Both ETFs have the same top 3 sector exposures: MBS is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.03% for SMBS. MBS is up 0.74% year-to-date (YTD) with -$2M in YTD flows. SMBS performs worse with 0.48% YTD performance, and +$415M in YTD flows. Run a side-by-side ETF comparison of MBS 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.
MBS vs SMBS performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MBS SMBS | -1.17%-0.98% | +0.74%+0.48% | +0.74%+0.48% | +5.92%+5.71% | n/an/a | n/an/a |
| Flows | MBS SMBS | -$19M+$121M | -$2M+$415M | -$2M+$415M | -$26M+$6.09B | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MBS SMBS | +3.17%+4.16% | +3.59%+4.40% | n/an/a | n/an/a |
| Max drawdown | MBS SMBS | -2.27%-2.37% | -2.51%-2.67% | n/an/a | n/an/a |
| Max drawdown duration | MBS SMBS | 30d30d | 80d80d | n/an/a | n/an/a |
MBS | SMBS | |
Last sale 4/1/2026 at 1:30 PM | $8.68 | $25.48 |
| Previous close 03/31/2026 | $8.66 | $25.55 |
| Consolidated volume 03/31/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
MBS | SMBS | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MBS | SMBS | |
|---|---|---|
| Last price | $8.68 | $25.48 |
| 1D performance | +0.23% | -0.29% |
| AuM | $153.12 M | $6.26 B |
| E/R | 0.79% | 0.03% |
MBS | SMBS | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Angel Oak Capital Advisors | Schwab ETFs |
| Benchmark | - | Bloomberg U.S. MBS Float Adjusted Index |
| N° of holdings | - | 372 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 20, 2024 | November 19, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
