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FlexShares Disciplined Duration MBS Index Fund (MB...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US33939L7799

CUSIP

33939L779

Issuer

Northern Trust

Inception Date

Sep 4, 2014

Region

North America (U.S.)

Leveraged

1x

Index Tracked

ICE BofA Constrained Duration US Mortgage Backed Securities

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MBSD vs. VRIG MBSD vs. MBB
Popular comparisons:
MBSD vs. VRIG MBSD vs. MBB

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in FlexShares Disciplined Duration MBS Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.45%
11.19%
MBSD (FlexShares Disciplined Duration MBS Index Fund)
Benchmark (^GSPC)

Returns By Period

FlexShares Disciplined Duration MBS Index Fund had a return of 2.21% year-to-date (YTD) and 5.72% in the last 12 months. Over the past 10 years, FlexShares Disciplined Duration MBS Index Fund had an annualized return of 0.90%, while the S&P 500 had an annualized return of 11.14%, indicating that FlexShares Disciplined Duration MBS Index Fund did not perform as well as the benchmark.


MBSD

YTD

2.21%

1M

-1.18%

6M

2.45%

1Y

5.72%

5Y (annualized)

0.11%

10Y (annualized)

0.90%

^GSPC (Benchmark)

YTD

24.05%

1M

0.89%

6M

11.19%

1Y

30.12%

5Y (annualized)

13.82%

10Y (annualized)

11.14%

Monthly Returns

The table below presents the monthly returns of MBSD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.19%-1.13%0.62%-1.76%1.54%0.70%2.26%1.17%0.86%-2.00%2.21%
20232.04%-1.83%1.72%0.17%-0.62%-0.02%-0.05%-0.12%-2.25%-0.43%3.22%2.71%4.47%
2022-1.18%-1.14%-2.34%-2.63%0.70%-0.93%1.83%-2.20%-3.76%-0.65%3.04%-0.44%-9.48%
2021-0.25%0.15%-0.11%-0.28%-0.19%-0.12%0.43%-0.08%-0.24%0.00%-0.38%-0.34%-1.40%
20200.94%1.28%-0.45%1.70%0.71%0.03%0.50%-0.01%0.12%-0.10%0.35%0.26%5.44%
20190.92%0.17%1.17%0.00%0.99%0.77%0.60%0.85%-0.13%0.31%0.30%-0.06%6.05%
2018-0.59%-0.14%0.67%-0.72%0.11%-0.31%0.41%0.46%-0.76%-0.03%0.52%0.72%0.32%
20170.08%0.17%-0.27%0.69%0.44%-0.57%0.64%0.55%-0.44%-0.20%0.19%-0.42%0.86%
20160.77%0.03%-0.21%0.20%0.30%0.57%0.29%0.08%0.34%-0.19%-1.60%-0.24%0.30%
20150.52%0.48%-0.11%0.12%0.23%-0.95%0.21%0.13%0.08%-0.36%-0.19%0.77%0.91%
20140.20%0.60%0.62%-0.22%1.19%

Expense Ratio

MBSD has an expense ratio of 0.20%, which is considered low compared to other funds.


Expense ratio chart for MBSD: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MBSD is 29, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of MBSD is 2929
Combined Rank
The Sharpe Ratio Rank of MBSD is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of MBSD is 3131
Sortino Ratio Rank
The Omega Ratio Rank of MBSD is 2929
Omega Ratio Rank
The Calmar Ratio Rank of MBSD is 2626
Calmar Ratio Rank
The Martin Ratio Rank of MBSD is 3131
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for FlexShares Disciplined Duration MBS Index Fund (MBSD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MBSD, currently valued at 0.96, compared to the broader market0.002.004.006.000.962.54
The chart of Sortino ratio for MBSD, currently valued at 1.43, compared to the broader market-2.000.002.004.006.008.0010.0012.001.433.40
The chart of Omega ratio for MBSD, currently valued at 1.17, compared to the broader market0.501.001.502.002.503.001.171.47
The chart of Calmar ratio for MBSD, currently valued at 0.55, compared to the broader market0.005.0010.0015.000.553.66
The chart of Martin ratio for MBSD, currently valued at 3.95, compared to the broader market0.0020.0040.0060.0080.00100.003.9516.28
MBSD
^GSPC

The current FlexShares Disciplined Duration MBS Index Fund Sharpe ratio is 0.96. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of FlexShares Disciplined Duration MBS Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.96
2.54
MBSD (FlexShares Disciplined Duration MBS Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

FlexShares Disciplined Duration MBS Index Fund provided a 3.70% dividend yield over the last twelve months, with an annual payout of $0.76 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%1.50%2.00%2.50%3.00%3.50%$0.00$0.20$0.40$0.60$0.802014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
Dividend$0.76$0.70$0.62$0.56$0.67$0.80$0.74$0.78$0.67$0.62$0.21

Dividend yield

3.70%3.39%3.04%2.41%2.78%3.42%3.22%3.30%2.78%2.49%0.83%

Monthly Dividends

The table displays the monthly dividend distributions for FlexShares Disciplined Duration MBS Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.60
2023$0.00$0.05$0.05$0.06$0.06$0.06$0.05$0.06$0.06$0.06$0.05$0.16$0.70
2022$0.00$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.12$0.62
2021$0.00$0.07$0.06$0.06$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.56
2020$0.00$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.12$0.67
2019$0.00$0.07$0.07$0.07$0.08$0.09$0.09$0.05$0.06$0.06$0.06$0.11$0.80
2018$0.00$0.07$0.07$0.06$0.06$0.06$0.06$0.05$0.05$0.06$0.07$0.14$0.74
2017$0.00$0.06$0.07$0.07$0.07$0.07$0.07$0.06$0.06$0.06$0.07$0.13$0.78
2016$0.00$0.04$0.06$0.00$0.06$0.07$0.06$0.06$0.06$0.06$0.06$0.13$0.67
2015$0.00$0.07$0.05$0.00$0.06$0.00$0.06$0.05$0.00$0.00$0.06$0.26$0.62
2014$0.06$0.07$0.08$0.21

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.96%
-1.41%
MBSD (FlexShares Disciplined Duration MBS Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the FlexShares Disciplined Duration MBS Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the FlexShares Disciplined Duration MBS Index Fund was 14.36%, occurring on Oct 20, 2022. The portfolio has not yet recovered.

The current FlexShares Disciplined Duration MBS Index Fund drawdown is 4.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.36%Feb 3, 2021433Oct 20, 2022
-3.08%Nov 4, 201630Dec 21, 2016526Feb 15, 2019556
-2.98%Mar 10, 20208Mar 19, 202025Apr 24, 202033
-2.38%Aug 25, 201563Dec 3, 201530Jan 20, 201693
-2.1%Jan 21, 201643Mar 24, 201671Jul 6, 2016114

Volatility

Volatility Chart

The current FlexShares Disciplined Duration MBS Index Fund volatility is 1.37%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.37%
4.07%
MBSD (FlexShares Disciplined Duration MBS Index Fund)
Benchmark (^GSPC)