DEED Alternatives & Similar ETFs

First Trust TCW Securitized Plus ETF (DEED) belongs to the Mortgage Backed Securities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DEED. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DEED

DEED charges 0.65% annually. There are 21 ETFs in the Mortgage Backed Securities category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SMBS	Schwab Mortgage-Backed Securities ETF	0.03%	—	Nov 2024	DEED vs SMBS
VMBS	Vanguard Mortgage-Backed Securities ETF	0.04%	17.10B	Nov 2009	DEED vs VMBS
SPMB	SPDR Portfolio Mortgage Backed Bond ETF	0.04%	7.02B	Jan 2009	DEED vs SPMB
MBB	iShares MBS Bond ETF	0.06%	39.57B	Mar 2007	DEED vs MBB
MTBA	Simplify MBS ETF	0.15%	1.55B	Nov 2023	DEED vs MTBA

Best Risk-Adjusted Alternatives to DEED

DEED has a PortfoliosLab risk / return rank of 43. There are 6 ETFs in the Mortgage Backed Securities category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
FTSD	Franklin Short Duration U.S. Government ETF	95	291.09M	Nov 2013	DEED vs FTSD
LMBS	First Trust Low Duration Mortgage Opportunities ET...	88	6.34B	Nov 2014	DEED vs LMBS
VABS	Virtus Newfleet ABS/MBS ETF	70	112.64M	Feb 2021	DEED vs VABS
PMBS	PIMCO Mortgage-Backed Securities Active Exchange-T...	48	—	Jul 1997	DEED vs PMBS
JMBS	Janus Henderson Mortgage-Backed Securities ETF	44	6.84B	Sep 2018	DEED vs JMBS

Top Performing DEED Alternatives (YTD)

DEED is at 0.84% YTD. There are 10 ETFs in the Mortgage Backed Securities category with higher YTD returns, going as high as 5.41%.

Symbol	Name	YTD Return	AUM	Inception
MBSX	Regan Fixed Rate MBS ETF	5.41%	13.94M	Apr 2025	DEED vs MBSX
NSCI	Nuveen Securitized Income ETF	1.96%	167.58M	Sep 2025	DEED vs NSCI
VABS	Virtus Newfleet ABS/MBS ETF	1.70%	112.64M	Feb 2021	DEED vs VABS
LMBS	First Trust Low Duration Mortgage Opportunities ET...	1.44%	6.34B	Nov 2014	DEED vs LMBS
VETZ	Academy Veteran Bond ETF	1.08%	80.69M	Aug 2023	DEED vs VETZ

Lowest Volatility Alternatives to DEED

DEED has 3.85% 1-year volatility. There are 10 ETFs in the Mortgage Backed Securities category with lower 1-year volatility, going as low as 1.30%.

Symbol	Name	Volatility 1Y	AUM	Inception
NSCI	Nuveen Securitized Income ETF	1.30%	167.58M	Sep 2025	DEED vs NSCI
FTSD	Franklin Short Duration U.S. Government ETF	1.35%	291.09M	Nov 2013	DEED vs FTSD
LMBS	First Trust Low Duration Mortgage Opportunities ET...	1.94%	6.34B	Nov 2014	DEED vs LMBS
VABS	Virtus Newfleet ABS/MBS ETF	2.01%	112.64M	Feb 2021	DEED vs VABS
EVMO	Eaton Vance Mortgage Opportunities ETF	2.86%	—	Aug 2025	DEED vs EVMO

Lowest Drawdown Alternatives to DEED

DEED has a 1-year max drawdown of -3.18%. There are 16 ETFs in the Mortgage Backed Securities category with shallower 1-year drawdowns, going as shallow as -0.45%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FTSD	Franklin Short Duration U.S. Government ETF	-0.45%	291.09M	Nov 2013	DEED vs FTSD
VABS	Virtus Newfleet ABS/MBS ETF	-0.98%	112.64M	Feb 2021	DEED vs VABS
LMBS	First Trust Low Duration Mortgage Opportunities ET...	-1.43%	6.34B	Nov 2014	DEED vs LMBS
MBSD	FlexShares Disciplined Duration MBS Index Fund	-2.17%	94.67M	Sep 2014	DEED vs MBSD
CMBS	iShares CMBS ETF	-2.44%	475.16M	Feb 2012	DEED vs CMBS

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	DEED vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	DEED vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	DEED vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	DEED vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	DEED vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	DEED vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	DEED vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	DEED vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	DEED vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	DEED vs KNG

Often Compared With DEED

Investors most often compare DEED with ALLW, DCRE, JSI. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ALLW	State Street Bridgewater All Weather ETF	Tactical Allocation	50	5.97%	1.53B	Mar 2025	DEED vs ALLW
DCRE	DoubleLine Commercial Real Estate ETF	Short-Term Bond	95	1.47%	416.13M	Mar 2023	DEED vs DCRE
JSI	Janus Henderson Securitized Income ETF	Short-Term Bond	47	0.86%	1.52B	Nov 2023	DEED vs JSI
SECU	iShares Securitized Income Active ETF	Mortgage Backed Securities	—	—	713.10M	Jan 2026	DEED vs SECU
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	DEED vs SPY
LGOV	First Trust Long Duration Opportunities ETF	Mortgage Backed Securities	20	0.08%	653.77M	Jan 2019	DEED vs LGOV
JMTG	JPMorgan Mortgage-Backed Securities ETF	Mortgage Backed Securities	—	0.51%	6.91B	Aug 2000	DEED vs JMTG
GNMA	iShares GNMA Bond ETF	Mortgage Backed Securities	43	0.92%	428.33M	Feb 2012	DEED vs GNMA
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	20	3.51%	784.37M	Feb 2018	DEED vs ROBT
DBE	Invesco DB Energy Fund	Oil & Gas	40	53.97%	94.72M	Jan 2007	DEED vs DBE
YCS	ProShares UltraShort Yen	Leveraged Currency	63	9.63%	30.50M	Nov 2008	DEED vs YCS
UGA	United States Gasoline Fund LP	Oil & Gas	55	64.09%	118.98M	Feb 2008	DEED vs UGA
GSG	iShares S&P GSCI Commodity-Indexed Trust	Commodities	37	25.54%	938.89M	Jul 2006	DEED vs GSG
DBO	Invesco DB Oil Fund	Oil & Gas	31	50.16%	240.68M	Jan 2007	DEED vs DBO
DBC	Invesco DB Commodity Index Tracking Fund	Commodities	40	21.29%	1.69B	Feb 2006	DEED vs DBC
OILK	ProShares K-1 Free Crude Oil Strategy ETF	Oil & Gas	28	40.78%	264.89M	Sep 2016	DEED vs OILK
PDBC	Invesco Optimum Yield Diversified Commodity Strate...	Commodities	40	22.11%	5.67B	Nov 2014	DEED vs PDBC
UCO	ProShares Ultra Bloomberg Crude Oil	Oil & Gas, Leveraged Commodities	24	81.88%	358.86M	Nov 2008	DEED vs UCO
IMTG	Invesco Agency MBS ETF	Mortgage Backed Securities	—	—	—	Feb 2026	DEED vs IMTG
MBBA	iShares Mortgage-Backed Securities Active ETF	Mortgage Backed Securities	—	—	152.93M	Jan 2026	DEED vs MBBA

Compare DEED with Any Fund or Stock

Compare DEED with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair DEED with funds that move differently

First Trust TCW Securitized Plus ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DEED.

Explore DEED Diversifiers

First Trust TCW Securitized Plus ETF (DEED) Alternatives