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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GARP vs MBB: how they differ

GARP and MBB hold 0% of their weight in the same names, and GARP returned more over the year.

iShares MSCI USA Quality GARP ETF and iShares MBS ETF.

What they hold in common

By the books each fund has filed, GARP and MBB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GARPOnly in MBB
KLA CORP 6.46%Freddie Mac 1.07%
MICRON TECHNOLOGY INC 6.07%Government National Mortgage Association 0.97%
APPLE INC 4.44%UMBS, TBA 0.85%
NVIDIA CORP 4.16%Government National Mortgage Association 0.69%
MICROSOFT CORP 4.10%UMBS, TBA 0.66%
BROADCOM INC 3.96%Government National Mortgage Association 0.56%
LAM RESEARCH CORP 3.79%Government National Mortgage Association 0.55%
ELI LILLY & COMPANY 3.73%Government National Mortgage Association 0.54%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.

GARP and MBB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
MBB
iShares MBS ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI USA Quality GARPMbs
Total return, 1 year+29.5%−0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+12.0 pts−17.6 pts
Expense ratio0.15%0.04%
Holdings13111144

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.

MBB in plain words

MBB is a bond fund tracking the Mbs. Over the year to Sep 11, 2026 it returned −0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. It sat 3.3% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GARP or MBB?
In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and MBB returned −0.1%, so GARP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GARP or MBB?
GARP charges 0.15% a year and MBB charges 0.04%, so MBB is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GARP against MBB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GARP against MBB, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-MBB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources