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MBSF vs VMBS

Regan Floating Rate MBS ETF

MBSF—NYSE Arca

Vanguard Mortgage-Backed Securities ETF

VMBSANasdaq

Overlap

No data

Expense ratio

VMBS −0.46pt a year

MBSF0.49%VMBS0.03%

Avg volume · 30D

VMBS 33.5×the volume

MBSF56.8KVMBS1.9M

MBSF vs VMBS Performance

Nov 7, 2025 – Nov 9, 2026

+4.4%MBSF+1.1%VMBS

Nov 7, 2025 to Nov 9, 2026. MBSF +4.4%. VMBS +1.1%. Use the arrow keys to read each point.−2%−1%0%2%3%Nov 2025May 2026Nov 2026
Expense ratio
MBSF 0.49%
VMBS 0.03%, better
Fund size
MBSF $266M
VMBS $15.5B
1Y total return
MBSF +4.4%, better
VMBS +1.1%
Yield (12M)
MBSF 4.20%
VMBS 4.31%, better
Holdings
MBSF 491
VMBS 4924
Avg volume (30D)
MBSF 56.8K sh
VMBS 1.9M sh, better
NAV per share
MBSF $25.56
VMBS $45.56
52W range

ETF.net Grade

  • —MBSFUnder classification review
VMBS: Cost 94, Risk 39, Mission 64, Tradability 63, Holdings 86, Durability 90.
Pillar letters and Scores for MBSF, VMBS, with each pillar’s weight
PillarMBSFVMBS
Cost30% weightNot scoredA94
Mission25% weightNot scoredB64
Risk15% weightNot scoredD39
Tradability15% weightNot scoredB63
Holdings10% weightNot scoredA86
Durability5% weightNot scoredA90

Rank among Mortgage-Backed Securities funds

How we build Categories ›

Mortgage-Backed Securities⁠

Category · 24 funds
See all 24 ›

VMBS ranks 2nd of 24 funds in the Mortgage-Backed Securities Category.

  1. Rank 1ASPMBState Street SPDR Portfolio Mortgage Backed Bond ETFScore 74
  2. Rank 2AMBBiShares MBS ETFScore 72
  3. Rank 2AVMBSVanguard Mortgage-Backed Securities ETFScore 72
  4. Rank 4ASMBSSchwab Mortgage-Backed Securities ETFScore 71
  5. MBSFNot yet graded

Our read on each fund

ETF.net Research

MBSF—Regan Floating Rate MBS ETF

VMBSAVanguard Mortgage-Backed Securities ETF

In short

MBSF 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

MBSF 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

MBSF 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

MBSF 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 MBSF profile⁠

Full VMBS profile⁠

MBSF 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.

MBSF vs VMBS Cost

Overpaying MBSF vs VMBS

$9,154

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

  • MBSF 0.49%

    $9,792

  • VMBS 0.03%

    $638

$10,000
30 years

Cost over time

  • MBSF 0.49%
  • VMBS 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530MBSF $9,792VMBS $638

Year by year

YearMBSFVMBSOverpaying
10$883$55$828
20$3,394$216$3,178
30$9,792$638$9,154

Expense ratio

  • 0.49%MBSF
  • 0.03%VMBS, cheaper
  • Middle half of Mortgage-Backed Securities funds
  • Median 0.38%

VMBS cheapest of 24 funds

MBSF 20th cheapest of 24 funds

MBSF vs VMBS Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
MBSF 4.20%
VMBS 4.31%, better
Payout (12M)
MBSF $1.07
VMBS $1.97
Last payment
MBSF $0.08
VMBS $0.17
Ex-dividend
MBSF Oct 28, 2026
VMBS Nov 2, 2026
Paid on
MBSF Oct 30, 2026
VMBS Nov 4, 2026
Frequency
MBSF Monthly
VMBS Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

MBSFMonthly · 32 paymentsAll MBSF payments⁠
One bar per payment. 32 payments from 2023 to 2026 YTD. Mar 26, 2024 $0.04; Apr 26, 2024 $0.12; May 29, 2024 $0.11; Jun 26, 2024 $0.11; Jul 29, 2024 $0.11; Aug 28, 2024 $0.10; Sep 26, 2024 $0.11; Oct 29, 2024 $0.12; Nov 26, 2024 $0.10; Dec 23, 2024 $0.14; Jan 29, 2025 $0.08; Feb 26, 2025 $0.09; Mar 26, 2025 $0.10; Apr 28, 2025 $0.10; May 28, 2025 $0.10; Jun 26, 2025 $0.10; Jul 29, 2025 $0.10; Aug 27, 2025 $0.10; Sep 26, 2025 $0.11; Oct 29, 2025 $0.10; Nov 25, 2025 $0.09; Dec 23, 2025 $0.14; Jan 28, 2026 $0.07; Feb 25, 2026 $0.08; Mar 27, 2026 $0.10; Apr 28, 2026 $0.08; May 27, 2026 $0.08; Jun 26, 2026 $0.10; Jul 29, 2026 $0.09; Aug 27, 2026 $0.08; Sep 28, 2026 $0.08; Oct 28, 2026 $0.08. Use the arrow keys to read each point.$0$0.2020232026YTD
VMBSMonthly · 46 paymentsAll VMBS payments⁠
One bar per payment. 46 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; Nov 2, 2026 $0.17. Use the arrow keys to read each point.$0$0.2020232026YTD

MBSF vs VMBS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MBSF 1.6%since Mar 2024VMBS 6.3%
Return per unit of riskSharpe ratio, 3 years
MBSF 0.60since Mar 2024VMBS 0.33
Worst fallMax drawdown, 5 years
MBSF −1.0%since Feb 2024VMBS −16.8%
Market sensitivityBeta, 5 years
MBSF 0.05VMBS 1.12

Popular comparisons

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