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SMBS
+0.25 · +1.00%
$25.79 · NYSE ARCA

Schwab Mortgage-Backed Securities ETF (SMBS) ETF Analysis | Government Mortgage-Backed Bond

Schwab ETFs · USA
AUM:$6.2B
#– of – in Government Mortgage-Backed Bond ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 7.1% over the past year, showing positive momentum.

What is SMBS?

The index is composed of investment-grade mortgage-backed securities issued and/or guaranteed by U. It is the fund"s policy that under normal circumstances it will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index, including TBA transactions.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Positive 1-Year Return
SMBS returned 7.1% over the past year. Historical returns only — past performance is not indicative of future results.
Notable Dividend Yield
Current yield of 4.80% provides a meaningful income component alongside market exposure.
ETF Information
AUM$6.2B
Expense Ratio0.00%
Dividend Yield4.80%
Holdings1
Inception DateNov 2024
Domicile–
Distribution–
Index–
ProviderSchwab ETFs
Beta–
CategoryGovernment Mortgage-Backed Bond
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-3.4%
1Y
+1.4%
3Y
+6.5%
5Y
+6.5%
OpenBook InsightIf you had invested £10,000 in SMBS 5 years ago, it would have grown to £10,654 — a gain of £654.

Annual Returns

Calendar year performance

SMBS delivered positive returns in 1 of the last 3 calendar years.
YearSMBS
2026 YTD-1.3%
2025+8.2%
2024-0.1%
CAGR 2yr+4.0%
1/3 positive yearsAvg return: +2.3%Worst year: -1.3% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
4.6%
Low
Momentum
-0.7%
30-day change
Support Level
24.94
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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