Fund Evaluator:
Schwab® Mortgage-Backed Securities ETF (SMBS)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
Government Mortgage-Backed Bond
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.03% A
Expense Ratio
$6,461 Mil
Assets
Open
Status
na
12b-1 Fee
5.24%
TTM Yield
0.00%
Max Load
20%
Portfolio Turnover
Best Performing in Government Mortgage-Backed Bond Over the Last Year
| 4.4% | Fidelity Mortgage Securities (FMSFX) |
| 4.4% | Fidelity Advisor Mortgage Securities Z (FIKUX) |
| 4.3% | Fidelity GNMA (FGMNX) |
| 4.3% | Vanguard Mortgage-Backed Secs Idx Adm (VMBSX) |
| 4.2% | Vanguard GNMA Adm (VFIJX) |
Data as of 7/31/2026
-1.3% B
1-Mo Return
-0.8% B
3-Mo Return
-0.2% C
YTD Return
4.2% C
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
Schwab ETFs
Inception Date
11/18/2024
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
Bloomberg US MBS Float Adjusted TR USD: 100%
Additional Fund Details
Schwab® Mortgage-Backed Securities ETF Overview
SMBS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SMBS Return (NAV) | -1.3% | -0.8% | 4.2% | na | na | na |
| SMBS Grade | B | B | C | na | na | na |
| +/- Category | -0.1% | 0.1% | 0.8% | na | na | na |
| Government Mortgage-Backed Bond Avg | -1.2% | -0.9% | 3.4% | 3.8% | 0.1% | 1.0% |
| SMBS Tax Cost Ratio | na | na | 2.1% | na | na | na |
SMBS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SMBS Return (NAV) | -0.2% | 8.4% | na | na | na | na | na | na | na | na | na |
| SMBS Grade | C | D | na | na | na | na | na | na | na | na | na |
| +/- Category | 0.2% | 0.7% | na | na | na | na | na | na | na | na | na |
| Government Mortgage-Backed Bond Avg | -0.4% | 7.6% | 1.2% | 4.4% | -10.5% | -1.4% | 4.4% | 5.2% | 0.5% | 1.3% | 1.3% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 5.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $6461 Mil |
| Fund Total Assets: | $6,461 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 20% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 1.7 years | |||
| Average Tenure: 1.7 years | |||
| Managers (Year): Portillo Alfonso (2024), Hastings Matthew (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 4277 |
| % in Top 10 Holdings: | 2.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 98.5% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.5% |
Purchase Information
| Fund Family: | Schwab ETFs |
| Phone Number: | 877-824-5615 |
| Website: | www.csimfunds.com. |
| Status: | Open |
| Inception Date: | November 18, 2024 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.03% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.89% |
| Share Class: | Schwab® Mortgage-Backed Securities ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.