Schwab ETFsGovernment Mortgage-Backed BondSMBS · NYSE Arca

Schwab Mortgage-Backed Securities ETF (SMBS)

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Price: $24.51; —11 Sept 2026
Assets: $6.6B; Total net assets
Expense ratio: 0.03%; Category 0.82%
Yield: 5.23%; Trailing distributions

1Y return: 0.3%-0.2%; Category 0.5%
3Y CAGR: —; Category 4.4%
5Y CAGR: —; Category 0.1%

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Schwab Mortgage-Backed Securities ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.7%	-2.1%	-1.6%	-1.2%	+0.3%	—	—	—	+3.7%
Government Mortgage-Backed Bond average	-1.4%	-1.8%	-1.3%	-0.8%	0.5%	4.4%	0.1%	1.1%	2.1%
Difference	-0.3%	-0.3%	-0.3%	-0.4%	-0.2%	—	—	—	+1.6%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA1.5%
AA98.5%

Asset mix

Bonds98.5%
Cash1.5%

ETF details

Issuer: Schwab ETFs
Category: Fixed Income · Government Mortgage-Backed Bond
Ticker: SMBS
Exchange: NYSE Arca
Inception: 18 Nov 2024 (1.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.03% (category 0.82%)
Holdings turnover: 20% (category 321%)
Distribution yield: 5.23%
Beta, 3 years: 0.00
Total net assets: $6.6B
Average duration: 4.07 years
Average maturity: 9.25 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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