Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF
$24.16+0.10 (+0.39%)
- 0.03%
- $6.1B
- −1.6%
- 5.44%
- 0.9M sh
- $24.10
- low $23.80high $26.12
The ETF.net SMBS Grade
B
Score 71 out of 100
- 1 of 25
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays B for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.A94 out of 100Rank 1 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.B59 out of 100Rank 2 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D36 out of 100Rank 15 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A78 out of 100Rank 5 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A86 out of 100Rank 2 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 10 of 25
SMBS Holdings
- Stocks
- 4,283
- 3%
- GNMA2 30YR 5.00% 11/20/2054 (BBG01NZQMR80)
Geography
- United States100.00%
SMBS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
SMBS$9,843
Returns run to the Oct 12, 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 | −2.5% |
| 1 month | −1.3% |
| 3 months | −3.2% |
| 1 year | −1.6% |
| 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 | −2.5% | |
| 2025 | +8.2% | |
| 2024 | −0.1% |
SMBS in the news
SMBS Dividends
- 5.44%
- $1.31
- $0.11 per share
- Monthly
Distribution history
SMBS Risk
- 4.6%
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.
- −0.49
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.
- −5.2%
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
0.03%
SMBS0.03%
- The middle half of Mortgage-Backed Securities funds
- Median 0.36%
No Mortgage-Backed Securities fund charges less.
Other funds in Mortgage-Backed Securities
- ASPMBState Street SPDR Portfolio Mortgage Backed Bond ETFExpense ratio 0.04%1 year return −1.9%
- AMBBiShares MBS ETFExpense ratio 0.04%1 year return −1.6%
- BVMBSVanguard Mortgage-Backed Securities ETFExpense ratio 0.03%1 year return −1.2%
- BJMTGJPMorgan Mortgage-Backed Securities ETFExpense ratio 0.37%1 year return −1.2%
- BMBSDNorthern Trust Disciplined Duration MBS ETFExpense ratio 0.21%1 year return −0.7%