Data as of Oct 28, 2026.

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IYW vs MBB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYW returned +23.2% to MBB's −0.8%; 0% of their weight is in the same names.

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Net assets: $25.0bn on Oct 27, 2026 for iShares U.S. Technology ETF, and $35.5bn on Oct 28, 2026 for iShares MBS ETF.

At a glance
+23.2%
IYW total return, 1 year
−0.8%
MBB total return, 1 year
0.37%
IYW expense ratio
0.04%
MBB expense ratio

Pair scorecard

MBB costs 0.33 points a year less; their one-year returns differ by 24.0 points; MBB is 1.4 times larger.

IYW vs MBB: Differences, Returns & Fees
MeasureIYWMBB
Return
Total return, 1 year+23.2%−0.8%
Drawdown
Below its high5.5%, high on Oct 6, 2026
Benchmark
What it tracksRussell 1000 Technology RIC 22Bloomberg U.S. MBS Index
Cost and size
Expense ratio0.37%0.04%
Net assets, as of Oct 26, 2026$24.6bn$35.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight94%
Top ten holdings, share of the fund65.1%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, IYW and MBB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IYW MBB
Only in one fund ↓
Only in IYW
NVIDIA 16.81%
APPLE 16.60%
MICROSOFT 13.07%
BROADCOM INC 3.14%
ADVANCED MICRO DEVICES 3.04%
META PLATFORMS CLASS A 3.02%
MICRON TECHNOLOGY 2.73%
ALPHABET CLASS A 2.38%
Only in MBB
BLACKROCK CASH CL INST SL AGENCY 5.45%
FHLMC 30YR UMBS SUPER 1.05%
UMBS 30YR TBA(REG A) 0.60%
GNMA2 30YR 0.59%
GNMA2 30YR 0.54%
FNMA 30YR UMBS 0.53%
GNMA2 30YR 0.53%
GNMA2 30YR 0.52%
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Side by side

IYW iShares U.S. Technology ETF MBB iShares MBS ETF
Where it sits Stock ETF Bond ETF
What it is Tracks an index of U.S. Technology Tracks an index of mortgage-backed securities
Total return, 1 year +23.2% −0.8%
Its benchmark over the same days +13.1% (IWB) −1.1% (SPMB)
Gap to its benchmark +10.1 pts vs IWB +0.3 pts vs SPMB
Expense ratio 0.37% 0.04%
Holdings 150 10813
Net assets, IYW as of Oct 27, 2026 and MBB as of Oct 28, 2026 $25.0bn $35.5bn

IYW and MBB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
IYW

IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 65.1%. It sat 5.5% below its high of Oct 6, 2026 on Oct 28, 2026.

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, IYW or MBB?
In the year to Oct 28, 2026, with distributions reinvested, IYW returned +23.2% and MBB −0.8%.
Which is cheaper, IYW or MBB?
MBB is cheaper, by 0.33 percentage points a year. That is about $33 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IYW against MBB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyw-vs-mbb

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