Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF
$24.30−0.27 (−1.10%)
- Expense ratio
- 0.03%
- Fund size
- $6.4B
- 1Y return
- +0.7%
- Yield · Last 12 months
- 5.31%
- Holdings
- 4326
- Volume · 30D
- 0.7M sh
- NAV per share
- $24.59
- 52W range
The ETF.net SMBS Grade
Score 70 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 94Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 54Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 36Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 79Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 87Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
SMBS Holdings
- Stocks
- 4,326
- 3%
- GNMA2 30YR 5.00% 11/20/2054 (BBG01NZQMR80)
SMBS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SMBS |
|---|---|
| Year to date | −0.9% |
| 1 month | −1.1% |
| 3 months | −1.7% |
| 1 year | +0.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SMBS |
|---|---|---|
| 2026 YTD | −0.9% | |
| 2025 | +8.2% | |
| 2024 | −0.1% |
SMBS in the news
ETF.net Research hasn’t filed on SMBS yet — coverage lands here as it’s written.
SMBS Dividends
- 5.31%
- $1.30
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.10 |
| Aug 3, 2026 | Aug 7, 2026 | $0.12 |
| Jul 1, 2026 | Jul 8, 2026 | $0.11 |
| Jun 1, 2026 | Jun 5, 2026 | $0.11 |
| May 1, 2026 | May 7, 2026 | $0.11 |
| Apr 1, 2026 | Apr 8, 2026 | $0.10 |
| Mar 2, 2026 | Mar 6, 2026 | $0.11 |
| Feb 2, 2026 | Feb 6, 2026 | $0.11 |
| Dec 19, 2025 | Dec 26, 2025 | $0.10 |
| Dec 1, 2025 | Dec 5, 2025 | $0.10 |
| Nov 3, 2025 | Nov 7, 2025 | $0.12 |
| Oct 1, 2025 | Oct 7, 2025 | $0.11 |
SMBS Risk
- 3.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.06
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SMBS Cost
- The middle half of Mortgage-Backed Securities funds
- Median 0.32%
No Mortgage-Backed Securities fund charges less.