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Schwab Mortgage-Backed Securities ETF
SMBS performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 23, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.84% | +0.62% | +0.95% | +7.48% | ||
| Flows | +$61M | +$363M | +$469M | +$6.14B | - | - |
Characteristics
The Schwab Mortgage-Backed Securities ETF is built to track the Bloomberg U.S. MBS Float Adjusted Total Return Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly). This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Long Only |
| Provider | Schwab ETFs |
| N° of holdings | 1978 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 19, 2024 |
| ESG | No |
More data and info about SMBS on Trackinsight
Exposure
Data as of March 31, 2026Diversification
Total weight of top 15 holdings out of 1,978
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +4.12% | +3.95% | ||
Max drawdown | -2.37% | -2.37% | ||
Max drawdown duration | 53d | 53d | N/A | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of March 31, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is SMBS?
SMBS is a Passive ETF that provides exposure to Fixed Income assets. It is managed by Schwab ETFs.
What index does SMBS track?
SMBS tracks the Bloomberg U.S. MBS Float Adjusted Total Return Index - USD, aiming to replicate its performance through optimized sampling.
What does SMBS invest in?
This ETF provides exposure to US Investment Grade Government Agencies Bonds. It is part of the segment: MBS & ABS.
What is the expense ratio of SMBS?
The total expense ratio (TER) of SMBS is 0.03%, representing the annual fee charged by the fund manager.
When was SMBS launched?
SMBS was launched on November 19, 2024, marking its entry into the ETF market.
Who is the issuer of SMBS?
SMBS is issued by Schwab ETFs.
What is the AUM of SMBS?
As of April 23, 2026, SMBS manages $6.32 B, reflecting the total assets held in the fund.
How has SMBS performed recently?
As of April 23, 2026, SMBS delivered a return of 0.84% over the past month (1M performance), 0.62% over the past three months (3M), and 0.95% year-to-date (YTD).
What are the recent fund flows for SMBS?
As of April 23, 2026, SMBS has seen net flows of +$61M in the past month (1M flow) and +$469M year-to-date (YTD).
Does SMBS pay dividends?
As of April 23, 2026, SMBS has a trailing 12-month distribution yield of 4.8%.
How many holdings are in SMBS
As of March 31, 2026, SMBS holds 1978 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is SMBS?
As of March 31, 2026, SMBS holds 1978 securities, with 5.38% of its assets concentrated in its top 15 holdings.
What are the top holdings of SMBS?
As of March 31, 2026, SMBS holds a portfolio of 1978 underlyings, with its largest positions including US3142J6BK85, US3132DWDC47 and FR SD8193, 2% 1feb2052, USD (ABS). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does SMBS invest in?
As of March 31, 2026, SMBS has its largest geographic exposures in USA.
What sectors or themes does SMBS focus on?
As of March 31, 2026, SMBS is primarily exposed to Other sectors.
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