SPMBvsFECMETF Comparison
ETF 1
SPMB
State Street State Street SPDR Portfolio Mortgage Backed Bond ETF
This fund is part of
MBS & ABS
-0.05%
VS
State Street State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) belongs to the MBS & ABS segment. First Eagle Core Municipal ETF (FECM) is part of the Municipal Bonds segment. SPMB's top 3 sector exposures are Industrials, Finance and Government Agencies. In contrast, FECM's top sector exposures are Municipal and Non-Corporate. SPMB is less expensive with a Total Expense Ratio (TER) of 0.04%, versus 0.25% for FECM. Run a side-by-side ETF comparison of SPMB and FECM 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
SPMB vs FECM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPMB FECM | -1.55%-2.04% | -2.41%n/a | -1.42%n/a | -0.55%n/a | +13.73%n/a | -0.90%n/a |
| Flows | SPMB FECM | +$53M- | +$236M- | +$655M- | +$936M- | +$2.59B- | +$3.74B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPMB FECM | +4.82%n/a | +4.25%n/a | +5.94%n/a | +6.72%n/a |
| Max drawdown | SPMB FECM | -2.90%n/a | -3.51%n/a | -5.40%n/a | -17.32%n/a |
| Max drawdown duration | SPMB FECM | 78dn/a | 198dn/a | 318dn/a | 1491dn/a |
Trading data
SPMB | FECM | |
Last sale 9/16/2026 at 7:09 PM | $21.54 | $24.23 |
| Previous close 09/15/2026 | $21.55 | $24.23 |
| Consolidated volume 09/15/2026 | ||
| 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
FECM
is actively managed and doesn’t replicate an indexSPMB | FECM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/16/2026 at 7:09 PM
Live
Closed
SPMB | FECM | |
|---|---|---|
| Last price | $21.54 | $24.23 |
| 1D performance | -0.05% | +0.01% |
| AuM | $7.02 B | $15.13 M |
| E/R | 0.04% | 0.25% |
Characteristics
SPMB | FECM | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | First Eagle Investments |
| Benchmark | Bloomberg U.S. MBS Index | - |
| N° of holdings | 554 | 49 |
| Asset class | Bonds | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 15, 2009 | July 1, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
SPMB
USA
32.64%
Other
67.36%
FECM
USA
40.18%
Other
59.82%
Sectors
SPMB
Industrials
32.31%
Other
67.69%
FECM
Municipal
33.69%
Other
66.31%
Diversification
SPMB
Total weight of top 15 holdings out of 15
9.28%
FECM
Total weight of top 15 holdings out of 15
31.69%
Top 15 holdings
Data as of July 31, 2026
SPMB
US3142J6C840
1.16%
US01F0526800
0.86%
FN MA4547, 2% 1feb2052, USD (ABS)
0.78%
US3142J6BK85
0.76%
US01F0506844
0.70%
FR SD8212, 2.5% 1may2052, USD (ABS)
0.60%
US3132DWMY65
0.55%
G2 MB0424, 5.5% 20jun2055, USD (ABS)
0.54%
FN MA4701, 4.5% 1aug2052, USD (ABS)
0.51%
US01F0606834
0.50%
US21H0506806
0.49%
FN FA0608, 5.5% 1feb2055, USD (ABS)
0.49%
FN MA4465, 2% 1nov2051, USD (ABS)
0.47%
FN FS2040, 2% 1feb2052, USD (ABS)
0.44%
US3132DWKV45
0.43%
FECM
JPMorgan U.S. Government Money Market Fund
6.49%
US932423XQ48
2.40%
US759831CZ11
2.16%
New York Dormitory Authority, 5% 15feb2037, USD (2016A)
1.99%
US20775DX645
1.96%
US45204F3W38
1.95%
US248866M693
1.93%
New Jersey Transportation Trust Fund Authority, 5% 15jun2045, USD
1.93%
US490229AR23
1.67%
US34073XKE75
1.67%
San Jose (CA), 5% 1mar2047, USD (2017A)
1.64%
US483270HS69
1.51%
New York Dormitory Authority, 3.25% 1jul2034, USD
1.49%
US71883MPY48
1.46%
Illinois Toll Highway Authority, 5% 1jan2041, USD
1.45%
Frequently asked questions about SPMB and FECM
Which ETF is bigger: SPMB or FECM?
As of September 15, 2026, SPMB holds $7.02 B in assets under management (AUM), while FECM manages $15.13 M.
What sectors do the SPMB and FECM ETFs invest in?
SPMB leans toward sectors like Industrials. Meanwhile, FECM focuses on Municipal.
What are the top holdings of the SPMB ETF and FECM ETF?
SPMB top holdings include US3142J6C840, US01F0526800 and FN MA4547, 2% 1feb2052, USD (ABS). FECM holds in its top three: JPMorgan U.S. Government Money Market Fund, US932423XQ48 and US759831CZ11.
Which ETF is more diversified: SPMB or FECM?
SPMB holds 2713 securities with 9.28% of its assets in the top 15. FECM has 127 securities and a top 15 weight of 31.69%.
Advertisement
Advertisement
