Which returned more over the last year, JMTG or VMBS?

In the year to Oct 9, 2026, with distributions reinvested, JMTG returned −0.8% and VMBS −0.9%.

Which is cheaper, JMTG or VMBS?

VMBS is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.

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JMTG vs VMBS: Differences, Returns & Fees

On May 31, 2026 JMTG's duration was 5.6 years and VMBS's 5.2; VMBS charges 0.03% to JMTG's 0.24%. Net assets: $6.7bn on Oct 9, 2026 for JPMorgan Mortgage-Backed Securities ETF, and $15.5bn on Sep 30, 2026 for Vanguard Mortgage-Backed Securities ETF.

VMBS costs 0.21 points a year less; their one-year returns differ by 0.1 points.

	JMTG	VMBS
Expense ratio	0.24%	0.03%
Net assets, JMTG as of Oct 9, 2026 and VMBS as of Sep 30, 2026	$6.7bn	$15.5bn
Total return, 1 year	−0.8%	−0.9%
What it tracks	No index, actively managed	not read by ETFIQ
Holdings in common	1%
Below its high	4.3%, high on Feb 27, 2026

Holdings in common uses holdings dated May 31, 2026.

−0.8%

JMTG total return, 1 year

−0.9%

VMBS total return, 1 year

0.24%

JMTG expense ratio

0.03%

VMBS expense ratio

What they hold in common

By the books each fund has filed, JMTG and VMBS hold 1% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.

50%

half

1% in common

Positions both hold, largest shared weight first

Holding JMTG VMBS

FNMA/FHLMC UMBS, Single Family, 30 Year, due Jun 25, 2056 1.28% 0.19%

FNMA/FHLMC UMBS, Single Family, 30 Year, due Jun 25, 2056 2.17% 0.14%

GNMA II, 30 Year, due Oct 20, 2052 0.26% 0.14%

FNMA UMBS, 30 Year, due Nov 1, 2051 0.09% 0.08%

FHLMC UMBS, 30 Year, due Nov 1, 2051 0.05% 0.07%

FNMA UMBS, 30 Year, due Aug 1, 2050 0.50% 0.05%

FHLMC UMBS, 30 Year, due Apr 1, 2052 0.04% 0.05%

FNMA UMBS, 30 Year, due Feb 1, 2052 0.16% 0.02%

FNMA UMBS, 30 Year, due Sep 1, 2051 0.16% 0.02%

GNMA II, 30 Year, due Apr 20, 2053 0.02% 0.01%

FNMA UMBS, 30 Year, due Jan 1, 2052 0.20% 0.01%

FNMA UMBS, 30 Year, due Mar 1, 2050 0.10% 0.00%

Only in JMTG

U.S. Treasury Bonds, due Aug 15, 2043 1.19%

FNMA UMBS, 30 Year, due Oct 1, 2051 0.66%

FNMA ACES, Series 2026-M10, Class A2, due Jul 25, 2035 0.59%

U.S. Treasury Bonds, due May 15, 2040 0.57%

FNMA ACES, Series 2022-M4, Class 2A2, due Dec 25, 2030 0.53%

U.S. Treasury Notes, due Feb 15, 2036 0.49%

GNMA II, 30 Year, due Jan 20, 2053 0.47%

FNMA ACES, Series 2026-M9, Class A2, due Jan 25, 2033 0.45%

Only in VMBS

FNCL 2 6/26, due Jun 11, 2026 0.52%

G2SF 5.5 7/26, due Jul 20, 2026 0.36%

G2 MB0025, due Nov 20, 2054 0.32%

G2 MB0871, due Jan 20, 2056 0.31%

FN CC2762, due Mar 1, 2056 0.29%

G2 MB0936, due Feb 20, 2056 0.29%

G2SF 5.5 6/26, due Jun 22, 2026 0.29%

G2 MB0024, due Nov 20, 2054 0.28%

Check overlap with more funds →

On the same fields

JMTG

JPMorgan Mortgage-Backed Securities ETF

VMBS

Vanguard Mortgage-Backed Securities ETF

Where it sits Bond ETF Bond ETF

Issuer JPMorgan Vanguard

What it is Actively managed Tracks an index

Total return, 1 year −0.8% −0.9%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −18.1 pts −18.1 pts

Expense ratio 0.24% 0.03%

Holdings 2578 4890

Net assets, JMTG as of Oct 9, 2026 and VMBS as of Sep 30, 2026 $6.7bn $15.5bn

JMTG and VMBS on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

JMTG in plain words

JMTG is actively managed and tracks no index. The prospectus expense ratio is 0.24% a year. It sat 4.3% below its high of Feb 27, 2026 on Oct 9, 2026.

Over the year to Oct 9, 2026 it returned −0.8% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. MBS Index.

VMBS in plain words

VMBS tracks an index. Over the year to Oct 9, 2026 it returned −0.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, JMTG or VMBS?: In the year to Oct 9, 2026, with distributions reinvested, JMTG returned −0.8% and VMBS −0.9%.
Which is cheaper, JMTG or VMBS?: VMBS is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

JMTG vs MBB JMTG vs PMBS JMTG vs SPMB JMBS vs JMTG FSEC vs VMBS PMBS vs VMBS JMBS vs VMBS SPMB vs VMBS

JMTG on its own →VMBS on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

JMTG filings on SEC EDGAR ↗JMTG prospectus with the expense ratio (SEC) ↗JPMorgan website ↗VMBS filings on SEC EDGAR ↗VMBS prospectus with the expense ratio (SEC) ↗Vanguard page for VMBS ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, JMTG against VMBS, data as of Oct 9, 2026. https://etfiq.com/compare/any/jmtg-vs-vmbs

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.