FlexShares Disciplined Duration MBS Index Fund (MBSD)
MBSD is a passive ETF by Northern Trust tracking the investment results of the ICE BofA Constrained Duration US Mortgage Backed Securities. MBSD launched on Sep 4, 2014 and has a 0.20% expense ratio.
ETF Info
ISIN | US33939L7799 |
---|---|
CUSIP | 33939L779 |
Issuer | Northern Trust |
Inception Date | Sep 4, 2014 |
Region | North America (U.S.) |
Category | Mortgage Backed Securities |
Index Tracked | ICE BofA Constrained Duration US Mortgage Backed Securities |
Asset Class | Bond |
Expense Ratio
The FlexShares Disciplined Duration MBS Index Fund has a high expense ratio of 0.20%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
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.
Returns By Period
FlexShares Disciplined Duration MBS Index Fund had a return of -0.06% year-to-date (YTD) and 2.85% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.06% | 10.04% |
1 month | 1.14% | 3.53% |
6 months | 5.63% | 22.79% |
1 year | 2.85% | 32.16% |
5 years (annualized) | 0.37% | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.19% | -1.13% | ||||||||||
2023 | -0.12% | -2.25% | -0.43% | 3.22% | 2.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for FlexShares Disciplined Duration MBS Index Fund (MBSD) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
FlexShares Disciplined Duration MBS Index Fund | 0.44 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
FlexShares Disciplined Duration MBS Index Fund granted a 3.47% dividend yield in the last twelve months. The annual payout for that period amounted to $0.71 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.71 | $0.70 | $0.62 | $0.56 | $0.67 | $0.80 | $0.74 | $0.78 | $0.61 | $0.62 | $0.21 |
Dividend yield | 3.47% | 3.39% | 3.03% | 2.41% | 2.78% | 3.42% | 3.22% | 3.30% | 2.51% | 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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.06 | ||||||||||
2023 | $0.00 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.15 |
2022 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.11 |
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 |
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 |
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 |
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 |
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 |
2016 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.13 |
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 |
2014 | $0.06 | $0.07 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 7.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.36% | Feb 3, 2021 | 433 | Oct 20, 2022 | — | — | — |
-3.08% | Nov 4, 2016 | 27 | Dec 16, 2016 | 529 | Feb 15, 2019 | 556 |
-2.98% | Mar 10, 2020 | 8 | Mar 19, 2020 | 25 | Apr 24, 2020 | 33 |
-2.38% | Aug 25, 2015 | 63 | Dec 3, 2015 | 30 | Jan 20, 2016 | 93 |
-2.35% | Jan 21, 2016 | 43 | Mar 24, 2016 | 151 | Nov 2, 2016 | 194 |
Volatility
Volatility Chart
The current FlexShares Disciplined Duration MBS Index Fund volatility is 1.19%, 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.