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IMTG vs VMBS

Invesco Agency MBS ETF

IMTGCCboe

Vanguard Mortgage-Backed Securities ETF

VMBSANasdaq

Overlap

No data

Expense ratio

VMBS −0.19pt a year

IMTG0.22%VMBS0.03%

Avg volume · 30D

VMBS 8907.9×the volume

IMTG208VMBS1.85M

IMTG vs VMBS Performance

Jul 31, 2026 – Oct 30, 2026

0.0%IMTG+0.1%VMBS

Jul 31, 2026 to Oct 30, 2026. IMTG 0.0%. VMBS +0.1%. Use the arrow keys to read each point.−3%−2%−1%1%Jul 2026Sep 2026Oct 2026
Expense ratio
IMTG 0.22%
VMBS 0.03%, better
Fund size
IMTG $14M
VMBS $17.1B
1Y total return
IMTG No data
VMBS +0.9%
Yield (12M)
IMTG No data
VMBS 4.31%
Holdings
IMTG 65
VMBS 4924
Avg volume (30D)
IMTG 208 sh
VMBS 1.85M sh, better
NAV per share
IMTG $47.43
VMBS $45.51
52W range

ETF.net Grade

IMTG: Cost 75, Risk 21, Mission not scored, Tradability 2, Holdings 48, Durability 19. VMBS: Cost 94, Risk 36, Mission 64, Tradability 63, Holdings 86, Durability 92.
Pillar letters and Scores for IMTG, VMBS, with each pillar’s weight
PillarIMTGVMBS
Cost30% weightA75A94Higher
Mission25% weightNot scoredB64
Risk15% weightF21D36Higher
Tradability15% weightF2B63Higher
Holdings10% weightC48A86Higher
Durability5% weightF19A92Higher

Rank among Mortgage-Backed Securities funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IMTG and VMBS are both graded against the same 24 Mortgage-Backed Securities funds, so their Grades compare head to head.

Mortgage-Backed Securities⁠

Category · 24 funds
See all 24 ›

VMBS ranks 3rd and IMTG 15th of 24 funds in the Mortgage-Backed Securities Category.

  1. Rank 1ASPMBState Street SPDR Portfolio Mortgage Backed Bond ETFScore 75
  2. Rank 2AMBBiShares MBS ETFScore 73
  3. Rank 3AVMBSVanguard Mortgage-Backed Securities ETFScore 72
  4. Rank 4ASMBSSchwab Mortgage-Backed Securities ETFScore 70
  5. Rank 14CVABSVirtus Newfleet Securitized Income ETFScore 43
  6. Rank 15CIMTGInvesco Agency MBS ETFScore 42
  7. Rank 16CMTGPWisdomTree Mortgage Plus Bond FundScore 40

Our read on each fund

ETF.net Research

IMTGCInvesco Agency MBS ETF

VMBSAVanguard Mortgage-Backed Securities ETF

In short

IMTG No data

VMBS The plumbing of the U.S. housing market in one ticker: pooled home loans from Ginnie, Fannie and Freddie, tracked by index for 0.03% a year, with income paid monthly.

Stated mandate

IMTG No data

VMBS The fund seeks moderate and sustainable current income by investing primarily in U.S. agency mortgage-backed pass-through securities issued by GNMA, FNMA, and FHLMC.

Why people hold it

IMTG No data

  • VMBS 0.03% a year is the cheap end of the mortgage-bond aisle: SPMB and MBB charge 0.04%, JMTG 0.24%, and the typical peer runs far higher.
  • Agency pass-throughs from GNMA, FNMA and FHLMC. Credit isn't the main variable here; rates and mortgage behavior are.vanguard.com
  • Trading since 2009, a multi-billion-dollar fund holding roughly 300 pools and paying monthly. Boring in the way bond ballast is supposed to be.
  • Sits in the top quartile of its mortgage-bond peer group, one of the stronger builds in a crowded, look-alike category.

Worth knowing

IMTG No data

  • VMBS Mortgages don't keep a schedule. Homeowners refinance when rates fall, returning cash to reinvest at lower yields; when rates rise, payoffs slow and bonds stretch out.vanguard.com
  • The mandate is current income from one slice of the bond market. No Treasuries, no corporates, no equity kicker.
  • Share prices move with interest rates, so this behaves like a bond fund, not a cash parking spot.vanguard.com

Full IMTG profile⁠

Full VMBS profile⁠

IMTG vs VMBS Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMTG vs VMBS Cost

Overpaying IMTG vs VMBS

$3,920

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IMTG 0.22%

    $4,558

  • VMBS 0.03%

    $638

$10,000
30 years

Cost over time

  • IMTG 0.22%
  • VMBS 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530IMTG $4,558VMBS $638

Year by year

YearIMTGVMBSOverpaying
10$401$55$346
20$1,561$216$1,345
30$4,558$638$3,920

Expense ratio

  • 0.22%IMTG
  • 0.03%VMBS, cheaper
  • Middle half of Mortgage-Backed Securities funds
  • Median 0.38%

VMBS cheapest of 24 funds

IMTG 7th cheapest of 24 funds

IMTG vs VMBS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IMTG No data
VMBS 4.31%
Payout (12M)
IMTG No data
VMBS $1.97
Last payment
IMTG $0.21
VMBS $0.16
Ex-dividend
IMTG Oct 19, 2026
VMBS Oct 1, 2026
Paid on
IMTG Oct 23, 2026
VMBS Oct 5, 2026
Frequency
IMTG Monthly
VMBS Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IMTGMonthly · 7 paymentsAll IMTG payments⁠
One bar per payment. 7 payments from 2023 to 2026 YTD. Apr 20, 2026 $0.21; May 18, 2026 $0.21; Jun 22, 2026 $0.21; Jul 20, 2026 $0.21; Aug 24, 2026 $0.21; Sep 21, 2026 $0.21; Oct 19, 2026 $0.21. Use the arrow keys to read each point.$0$0.2520232026YTD
VMBSMonthly · 45 paymentsAll VMBS payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.11; Mar 1, 2023 $0.12; Apr 3, 2023 $0.12; May 1, 2023 $0.12; Jun 1, 2023 $0.13; Jul 3, 2023 $0.13; Aug 1, 2023 $0.13; Sep 1, 2023 $0.13; Oct 2, 2023 $0.14; Nov 1, 2023 $0.13; Dec 1, 2023 $0.14; Dec 22, 2023 $0.14; Feb 1, 2024 $0.14; Mar 1, 2024 $0.15; Apr 1, 2024 $0.15; May 1, 2024 $0.15; Jun 3, 2024 $0.15; Jul 1, 2024 $0.15; Aug 1, 2024 $0.15; Sep 3, 2024 $0.15; Oct 1, 2024 $0.15; Nov 1, 2024 $0.15; Dec 2, 2024 $0.15; Dec 24, 2024 $0.15; Feb 3, 2025 $0.16; Mar 3, 2025 $0.16; Apr 1, 2025 $0.16; May 1, 2025 $0.20; Jun 2, 2025 $0.16; Jul 1, 2025 $0.16; Aug 1, 2025 $0.16; Sep 2, 2025 $0.17; Oct 1, 2025 $0.15; Nov 3, 2025 $0.17; Dec 1, 2025 $0.16; Dec 18, 2025 $0.16; Feb 2, 2026 $0.16; Mar 2, 2026 $0.16; Apr 1, 2026 $0.16; May 1, 2026 $0.16; Jun 1, 2026 $0.16; Jul 1, 2026 $0.16; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.16. Use the arrow keys to read each point.$0$0.2520232026YTD

IMTG vs VMBS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IMTG No dataVMBS 6.3%
Return per unit of riskSharpe ratio, 3 years
IMTG No dataVMBS 0.33
Worst fallMax drawdown, 5 years
IMTG No dataVMBS −16.9%
Market sensitivityBeta, 5 years
IMTG 0.09VMBS 1.12

Popular comparisons

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