# SMBS (Schwab Mortgage-Backed Securities ETF)

Schwab · Bond ETFs · Government mortgage-backed · data as of Oct 2, 2026

SMBS tracks an index and returned −2.0% over the past year.

## Key facts

- SMBS, total return, 1 year: −2.0%, as of Oct 2, 2026.
- SMBS, expense ratio: 0.03%, as of Oct 2, 2026.
- SMBS, holdings: 4287, as of Oct 2, 2026.
- SMBS, below its high: −5.2%, as of Oct 2, 2026.
- SMBS, net assets: $6.4bn (SEC N-PORT, whole fund, as filed for May 31, 2026).

## SMBS over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −4.2% | +3.6% | −7.8 pts | −9.5 pts |
| 6 months | −3.9% | +17.9% | −21.8 pts | −32.3 pts |
| 1 year | −2.0% | +16.2% | −18.2 pts | −26.3 pts |
| Since listing | +4.6% | +33.4% | −28.8 pts | −45.8 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | not read by ETFIQ | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Government mortgage-backed | ETFIQ |
| Expense ratio | 0.03% | 485BPOS XBRL, Dec 22, 2025 |
| Price | $23.90 | ETFIQ |
| Listed since | Nov 19, 2024 | ETFIQ |
| Net assets | $6.4bn | SEC N-PORT, whole fund, as filed for May 31, 2026 |
| Below its high | −5.2% | ETFIQ |
| Holdings | 4287 | ETFIQ |
| Top ten weight | 3.4% | ETFIQ |
| Holdings published for | Oct 1, 2026 | the issuer’s daily file |

## Questions

### How has SMBS performed?

Over the year to Oct 2, 2026, SMBS returned −2.0% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.

### What does SMBS cost?

The prospectus expense ratio is 0.03% a year.

### How far is SMBS below its high?

5.2% below its high of Feb 27, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, SMBS, data as of Oct 2, 2026. https://etfiq.com/funds/smbs
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/smbs  ·  JSON: https://etfiq.com/funds/smbs.json