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SECU vs WDE

iShares Securitized Income Active ETF

SECUCCboe

Principal Securitized Debt ETF

WDECCboe

Overlap

No data

Expense ratio

WDE −0.22pt a year

SECU0.41%WDE0.19%

Avg volume · 30D

SECU 47.2×the volume

SECU199KWDE4.22K

SECU vs WDE Performance

Jul 31, 2026 – Oct 30, 2026

+0.2%SECU0.0%WDE

Jul 31, 2026 to Oct 30, 2026. SECU +0.2%. WDE 0.0%. Use the arrow keys to read each point.−2%−1.5%−1%−0.5%0.5%Jul 2026Sep 2026Oct 2026
Expense ratio
SECU 0.41%
WDE 0.19%, better
Fund size
SECU $843M
WDE $28M
Holdings
SECU 922
WDE 72
Avg volume (30D)
SECU 199K sh, better
WDE 4.22K sh
NAV per share
SECU $48.98
WDE $24.57
52W range

ETF.net Grade

SECU: Cost 33, Risk 32, Mission 24, Tradability 71, Holdings 70, Durability 91. WDE: Cost 90, Risk 26, Mission not scored, Tradability 29, Holdings 25, Durability 23.
Pillar letters and Scores for SECU, WDE, with each pillar’s weight
PillarSECUWDE
Cost30% weightD33A90Higher
Mission25% weightF24Not scored
Risk15% weightD32HigherD26
Tradability15% weightA71HigherD29
Holdings10% weightA70HigherD25
Durability5% weightA91HigherF23

Rank among Multi-Sector Securitized Bond funds

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

Same Category. SECU and WDE are both graded against the same 11 Multi-Sector Securitized Bond funds, so their Grades compare head to head.

Multi-Sector Securitized Bond⁠

Category · 11 funds
See all 11 ›

WDE ranks 3rd and SECU 4th of 11 funds in the Multi-Sector Securitized Bond Category.

  1. Rank 1ANSCINuveen Securitized IncomeScore 70
  2. Rank 2BDABSDoubleLine Asset-Backed Securities ETFScore 56
  3. Rank 3CWDEPrincipal Securitized Debt ETFScore 52
  4. Rank 4CSECUiShares Securitized Income Active ETFScore 49
  5. Rank 5CJSIJanus Henderson Securitized Income ETFScore 46

Our read on each fund

ETF.net Research

SECUCiShares Securitized Income Active ETF

WDECPrincipal Securitized Debt 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.

WDE No data

Stated mandate

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

WDE 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

WDE 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

WDE No data

Full SECU profile⁠

Full WDE profile⁠

SECU vs WDE 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 WDE Cost

Overpaying SECU vs WDE

$4,329

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

  • SECU 0.41%

    $8,281

  • WDE 0.19%

    $3,952

$10,000
30 years

Cost over time

  • SECU 0.41%
  • WDE 0.19%
  • 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 $8,281WDE $3,952

Year by year

YearSECUWDEOverpaying
10$741$347$394
20$2,860$1,351$1,509
30$8,281$3,952$4,329

Expense ratio

  • 0.41%SECU
  • 0.19%WDE, cheaper
  • Middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

WDE cheapest of 11 funds

SECU 8th cheapest of 11 funds

SECU vs WDE Dividends

Last 12 months to Oct 30, 2026
Last payment
SECU $0.28
WDE $0.12
Ex-dividend
SECU Oct 1, 2026
WDE Oct 1, 2026
Paid on
SECU Oct 6, 2026
WDE Oct 5, 2026
Frequency
SECU Monthly
WDE Monthly

Distribution history

Per share, 2026, same scale for both

SECUMonthly · 8 paymentsAll SECU payments⁠
One bar per payment. 8 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. Use the arrow keys to read each point.$0$0.252026YTD
WDEMonthly · 4 paymentsAll WDE payments⁠
One bar per payment. 4 payments in 2026 YTD. Jul 1, 2026 $0.10; Aug 3, 2026 $0.11; Sep 1, 2026 $0.12; Oct 1, 2026 $0.12. Use the arrow keys to read each point.$0$0.252026YTD

SECU vs WDE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
SECU 0.80WDE −0.08

SECU and WDE in the news

All news⁠

Popular comparisons

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