ETF Trace

Fund report

US-listed

SMBS

The fund’s goal is to track as closely as possible, before fees and expenses, the total return of an index composed of investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies.
Schwab Mortgage-Backed Securities ETF
Charles Schwab

4,197 holdings as of 2026-05-31 · top 10 = 4.4% · TER 0.03%

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Concentration
Well diversifiedtop 10 = 4.4%
diversifiedconcentrated
GROWTH · NAV (USD)rebased to 0%
Holdings
4,197
as of 2026-05-31
Top 10
4.4%
TER
0.03%
cheaper than 96% of peers
Net assets
US$6.42B
Largest
1.7%
P / E
–
Sections
Holdings as of 2026-05-31.
01Overview
the fund's regulatory facts
Fund currency
USD
First listed
2024-11-19
Volatility 1Y
4.5%
Tracked index
Bloomberg US MBS Float Adjusted Total Return Index
How it tracks
Index, sampling
Lends its stock
Yes
02Performance
market price return · as of 2026-09-11
1M
-2.1%
3M
-3.4%
6M
-4.1%
YTD
-4.5%
1Y
-4.7%
03Holdings
50 largest · as of 2026-05-31
#CompanyIdentifierWeight
1State Street Institutional US Government Money Market Fund USGVMXX
1.7
2Government National Mortgage Association USUS3618N5A332
0.5
3Freddie Mac USUS3132DWMS97
0.4
4Freddie Mac USUS31427R6E50
0.3
5Fannie Mae USUS31418DYX47
0.3
6Freddie Mac USUS3132DWC684
0.3
7Freddie Mac Pool USUS3132DWAF05
0.3
8Freddie Mac 5 04/01/2056 USUS3142J6DQ38
0.3
9Freddie Mac USFRSD8199
0.2
10Ginnie Mae II Pool USUS3618N56H72
0.2
11Freddie Mac Pool USUS3142J6BK85
0.2
12Ginnie Mae II Pool USUS3618N53X59
0.2
13Freddie Mac Pool USFRSD7552
0.2
14Freddie Mac Pool USUS3132DWAN39
0.2
15Government National Mortgage Association USUS3618N5PJ27
0.2
16Freddie Mac USUS3142JXNY65
0.2
17Ginnie Mae II Pool USUS3618N5ZK89
0.2
18Freddie Mac USUS3132DWBB81
0.2
19Ginnie Mae II Pool USUS36179YHR80
0.2
20Ginnie Mae II Pool USUS3618N5GN30
0.2
21Government National Mortgage Association USUS36179V4U15
0.2
22FHLMC Pool USUS3142J6DG55
0.2
23Government National Mortgage Association USUS36179YU693
0.2
24Fannie Mae USFNMA4236
0.2
25Government National Mortgage Association USUS36179XFG60
0.2
26Government National Mortgage Association USUS3618N5C569
0.2
27Government National Mortgage Association USUS36179VXX36
0.2
28Freddie Mac Pool USUS3132DWNE92
0.2
29Ginnie Mae II Pool USUS3618N5EU90
0.2
30Fannie Mae USUS3140XCM397
0.2
31Government National Mortgage Association USG2
0.2
32Fannie Mae Pool USUS3140XLVX31
0.2
33Fannie Mae Pool USUS31418EQ948
0.2
34Fannie Mae Pool USFN
0.2
35Fannie Mae Pool USUS3140XH3R67
0.2
36Freddie Mac Pool USUS3142J6CP63
0.2
37Fannie Mae USUS31418DWR96
0.2
38Freddie Mac USFRSD8128
0.2
39Freddie Mac USUS31427M7D77
0.2
40Ginnie Mae II Pool USUS36179WDQ87
0.2
41Ginnie Mae II Pool USUS36179VSG67
0.2
42Ginnie Mae II Pool USUS36179XHY58
0.2
43Freddie Mac USUS31427QAQ55
0.2
44Fannie Mae Pool USUS31418ED805
0.2
45Fannie Mae USUS31418DVA70
0.2
46Freddie Mac USFRRA6767
0.2
47Freddie Mac USUS3133AQHN08
0.2
48Ginnie Mae II Pool USUS36179WBX56
0.2
49Government National Mortgage Association USG2MB0024
0.2
50Ginnie Mae II Pool USUS36179WJQ24
0.2
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04Exposure
Bonds 98.3%Cash 1.7%
By country
USUnited States99.7%
CurrencyUSD 99.7%

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