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SECU vs TSCZ

iShares Securitized Income Active ETF

SECUCCboe

T. Rowe Price Securitized Income ETF

TSCZ—NYSE Arca

Overlap

No data

Expense ratio

TSCZ −0.21pt a year

SECU0.41%TSCZ0.20%

Avg volume · 30D

SECU 3.3×the volume

SECU199KTSCZ60.4K

SECU vs TSCZ Performance

Oct 2, 2026 – Nov 2, 2026

+1.6%SECU+1.1%TSCZ

Oct 2, 2026 to Nov 2, 2026. SECU +1.6%. TSCZ +1.1%. Use the arrow keys to read each point.0%0.25%0.5%0.75%Oct 2Oct 16Nov 2
Expense ratio
SECU 0.41%
TSCZ 0.20%, better
Fund size
SECU $843M
TSCZ $144M
Holdings
SECU 922
TSCZ 295
Avg volume (30D)
SECU 199K sh, better
TSCZ 60.4K sh
NAV per share
SECU $48.98
TSCZ $50.04
52W range

ETF.net Grade

  • —TSCZNot yet graded
SECU: Cost 33, Risk 30, Mission 18, Tradability 71, Holdings 78, Durability 91.
Pillar letters and Scores for SECU, TSCZ, with each pillar’s weight
PillarSECUTSCZ
Cost30% weightD33Not scored
Mission25% weightF18Not scored
Risk15% weightD30Not scored
Tradability15% weightA71Not scored
Holdings10% weightA78Not scored
Durability5% weightA91Not scored

Rank among Multi-Sector Securitized Bond funds

See all 11 ›

SECU ranks 4th of 11 funds in the Multi-Sector Securitized Bond Category.

  1. Rank 1ANSCINuveen Securitized IncomeScore 71
  2. Rank 2BDABSDoubleLine Asset-Backed Securities ETFScore 55
  3. Rank 3CWDEPrincipal Securitized Debt ETFScore 52
  4. Rank 4CSECUiShares Securitized Income Active ETFScore 49
  5. Rank 5CJSIJanus Henderson Securitized Income ETFScore 46
  6. TSCZNot yet graded

Our read on each fund

ETF.net Research

SECUCiShares Securitized Income Active ETF

TSCZ—T. Rowe Price Securitized Income ETF

In short

SECU A 2005-vintage BlackRock mortgage-bond strategy that moved into an ETF wrapper in January 2026: active, roughly 900 securitized bonds deep, at 0.41% with no waiver due to expire.

TSCZ No data

Stated mandate

SECU The Fund seeks high total return through active management of a diversified portfolio of securitized fixed-income assets.

TSCZ No data

Why people hold it

  • SECU Rare pedigree: the strategy launched as a BlackRock mutual fund on July 29, 2005 and was reorganized into this ETF on January 23, 2026, so the research desk predates the ticker.sec.govblackrock.com
  • Wide net: roughly 900 positions spanning asset-backed bonds, agency and non-agency mortgage paper, CLOs and CMOs, up and down the capital structure.sec.gov
  • The 0.41% fee is the whole story: gross equals net, no waiver propping it up, and it sits near the median for funds in the securitized bond group.
  • Active mandate, no index leash. Managers can hold investment grade or high yield at any maturity, with at least 80% of assets in securitized exposure.sec.gov

TSCZ No data

Worth knowing

  • SECU At least 25% of total assets sits in non-agency mortgage bonds, which carry no US government backing. Credit and prepayment swings come attached to the income.sec.gov
  • Cheaper doors exist in the same category: Principal's WDE charges 0.19% and Nuveen's NSCI 0.38%, neither relying on a waiver.
  • The wrapper is young even if the strategy isn't, so exchange-traded history on spreads and volatility is thin next to the predecessor fund's record.sec.gov

TSCZ No data

Full SECU profile⁠

Full TSCZ profile⁠

SECU vs TSCZ 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.

SECU vs TSCZ Cost

Overpaying SECU vs TSCZ

$4,126

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

  • SECU 0.41%

    $8,281

  • TSCZ 0.20%

    $4,155

$10,000
30 years

Cost over time

  • SECU 0.41%
  • TSCZ 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SECU $8,281TSCZ $4,155

Year by year

YearSECUTSCZOverpaying
10$741$365$376
20$2,860$1,421$1,439
30$8,281$4,155$4,126

Expense ratio

  • 0.41%SECU
  • 0.20%TSCZ, cheaper
  • Middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

TSCZ 2nd cheapest of 11 funds

SECU 8th cheapest of 11 funds

SECU vs TSCZ Dividends

Last 12 months to Nov 2, 2026
Last payment
SECU $0.24
TSCZ $0.13
Ex-dividend
SECU Nov 2, 2026
TSCZ Oct 27, 2026
Paid on
SECU Pays Nov 5, 2026
TSCZ Oct 29, 2026
Frequency
SECU Monthly
TSCZ Monthly

Distribution history

Per share, 2026, same scale for both

SECUMonthly · 9 paymentsAll SECU payments⁠
One bar per payment. 9 payments in 2026 YTD. Mar 2, 2026 $0.36; Apr 1, 2026 $0.25; May 1, 2026 $0.19; Jun 1, 2026 $0.24; Jul 1, 2026 $0.21; Aug 3, 2026 $0.19; Sep 1, 2026 $0.24; Oct 1, 2026 $0.28; Nov 2, 2026 $0.24. Use the arrow keys to read each point.$0$0.252026YTD
TSCZMonthly · 2 paymentsAll TSCZ payments⁠
One bar per payment. 2 payments in 2026 YTD. Sep 25, 2026 $0.07; Oct 27, 2026 $0.13. Use the arrow keys to read each point.$0$0.252026YTD

SECU vs TSCZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
SECU 0.80TSCZ 0.00

SECU and TSCZ in the news

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