Which returned more over the last year, MBB or VOE?

In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and VOE +22.8%.

Which is cheaper, MBB or VOE?

MBB is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MBB vs VOE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MBB returned −0.8% to VOE's +22.8%; 0% of their weight is in the same names.

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Net assets: $35.5bn on Oct 28, 2026 for iShares MBS ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.

MBB on its own →VOE on its own →

At a glance

−0.8%

MBB total return, 1 year

+22.8%

VOE total return, 1 year

0.04%

MBB expense ratio

0.05%

VOE expense ratio

Pair scorecard

MBB costs 0.01 points a year less; their one-year returns differ by 23.6 points; MBB is 1.6 times larger.

MBB vs VOE: Differences, Returns & Fees
Measure	MBB	VOE
Return
Measure	MBB	VOE
Total return, 1 year	−0.8%	+22.8%
Benchmark
Measure	MBB	VOE
What it tracks	Bloomberg U.S. MBS Index	Morningstar US Mid Cap Value Index
Cost and size
Measure	MBB	VOE
Expense ratio	0.04%	0.05%
Net assets, as of Sep 30, 2026	$36.2bn	$22.8bn
Holdings
Measure	MBB	VOE
Holdings in common	0%
In the S&P 500, by weight		96%
Top ten holdings, share of the fund		14.0%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, MBB and VOE hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MBB VOE

Only in one fund ↓

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%

Only in VOE

Valero Energy Corp 1.90%

Marathon Petroleum Corp 1.89%

Phillips 66 1.73%

Hewlett Packard Enterprise Co 1.37%

Warner Bros Discovery Inc 1.25%

SLB Ltd 1.23%

Target Corp 1.21%

Cummins Inc 1.21%

Check overlap with more funds →

Side by side

MBB iShares MBS ETF VOE Vanguard Morningstar Mid-Cap Value ETF

Where it sits Bond ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks an index of mortgage-backed securities Tracks an index of Mid-Cap Value

Total return, 1 year −0.8% +22.8%

Its benchmark over the same days −1.1% (SPMB) not measured

Gap to its benchmark +0.3 pts vs SPMB not measured

Expense ratio 0.04% 0.05%

Holdings 10813 169

Net assets, MBB as of Oct 28, 2026 and VOE as of Sep 30, 2026 $35.5bn $22.8bn

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

Alert

About each fund

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.

VOE

VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.

Questions people ask

Which returned more over the last year, MBB or VOE?: In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and VOE +22.8%.
Which is cheaper, MBB or VOE?: MBB is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

MBB vs SDY MBB vs RSP DVY vs MBB COWZ vs MBB TLT vs VOE BIL vs VOE PULS vs VOE USFR vs VOE

Where to next

MBB on its own →VOE on its own →Hold both: look the portfolio through →Rankings →MBB dividend history →MBB holdings →VOE dividend history →VOE holdings →Standards and sources →

Sources and dates

MBB filings on SEC EDGAR ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

VOE filings on SEC EDGAR ↗

VOE prospectus with the expense ratio (SEC) ↗

Vanguard page for VOE ↗

Links are sources, not endorsements. 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, MBB against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/mbb-vs-voe

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