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 23 ETFs in the Mortgage Backed Securities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Mortgage-Backed Securities ETF | 0.03% | — | Nov 2024 | DEED vs SMBS | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | 17.10B | Nov 2009 | DEED vs VMBS | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | 7.01B | Jan 2009 | DEED vs SPMB | |
| iShares MBS Bond ETF | 0.06% | 39.27B | Mar 2007 | DEED vs MBB | |
| Simplify MBS ETF | 0.15% | 1.53B | Nov 2023 | DEED vs MTBA |
Best Risk-Adjusted Alternatives to DEED
DEED has a PortfoliosLab risk / return rank of 49. There are 3 ETFs in the Mortgage Backed Securities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 96 | 297.39M | Nov 2013 | DEED vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 91 | 6.35B | Nov 2014 | DEED vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 80 | 112.35M | Feb 2021 | DEED vs VABS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 48 | — | Jul 1997 | DEED vs PMBS | |
| JPMorgan Mortgage-Backed Securities ETF | 46 | 6.66B | Aug 2000 | DEED vs JMTG |
Top Performing DEED Alternatives (YTD)
DEED is at 0.86% YTD. There are 5 ETFs in the Mortgage Backed Securities category with higher YTD returns, going as high as 6.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Regan Fixed Rate MBS ETF | 6.03% | 13.94M | Apr 2025 | DEED vs MBSX | |
| Nuveen Securitized Income ETF | 2.21% | 178.50M | Sep 2025 | DEED vs NSCI | |
| Virtus Newfleet ABS/MBS ETF | 1.78% | 112.35M | Feb 2021 | DEED vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.33% | 6.35B | Nov 2014 | DEED vs LMBS | |
| Franklin Short Duration U.S. Government ETF | 1.10% | 297.39M | Nov 2013 | DEED vs FTSD |
Lowest Volatility Alternatives to DEED
DEED has 3.92% 1-year volatility. There are 12 ETFs in the Mortgage Backed Securities category with lower 1-year volatility, going as low as 1.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Securitized Income ETF | 1.28% | 178.50M | Sep 2025 | DEED vs NSCI | |
| Franklin Short Duration U.S. Government ETF | 1.36% | 297.39M | Nov 2013 | DEED vs FTSD | |
| American Century Securitized Credit ETF | 1.44% | 19.95M | May 2026 | DEED vs ASEC | |
| Virtus Newfleet ABS/MBS ETF | 1.95% | 112.35M | Feb 2021 | DEED vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.96% | 6.35B | Nov 2014 | DEED vs LMBS |
Lowest Drawdown Alternatives to DEED
DEED has a 1-year max drawdown of -3.18%. There are 17 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 | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.45% | 297.39M | Nov 2013 | DEED vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -0.98% | 112.35M | Feb 2021 | DEED vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.43% | 6.35B | Nov 2014 | DEED vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.17% | 89.04M | Sep 2014 | DEED vs MBSD | |
| iShares CMBS ETF | -2.44% | 473.70M | Feb 2012 | DEED vs CMBS |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
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.
Compare DEED with Any Fund or Stock
Compare DEED with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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