FlexShares Disciplined Duration MBS Index Fund (MBSD) Alternatives
FlexShares Disciplined Duration MBS Index Fund (MBSD) 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 MBSD. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MBSD
MBSD charges 0.20% annually. Among ETFs in the Mortgage Backed Securities category, these options have the lowest expense ratios among MBSD alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | Jan 15, 2009 | MBSD vs SPMB | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | Nov 19, 2009 | MBSD vs VMBS | |
| iShares MBS Bond ETF | 0.06% | Mar 16, 2007 | MBSD vs MBB | |
| iShares GNMA Bond ETF | 0.15% | Feb 14, 2012 | MBSD vs GNMA | |
| JPMorgan Mortgage-Backed Securities ETF | 0.24% | Aug 18, 2000 | MBSD vs JMTG |
Best Risk-Adjusted Alternatives to MBSD
Among ETFs in the Mortgage Backed Securities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 97 | Nov 4, 2013 | MBSD vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 93 | Nov 4, 2014 | MBSD vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 92 | Feb 9, 2021 | MBSD vs VABS | |
| iShares CMBS ETF | 74 | Feb 14, 2012 | MBSD vs CMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 68 | Jul 31, 1997 | MBSD vs PMBS |
Top Performing MBSD Alternatives (YTD)
MBSD alternatives from the Mortgage Backed Securities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Virtus Newfleet ABS/MBS ETF | 0.75% | Feb 9, 2021 | MBSD vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 0.66% | Nov 4, 2014 | MBSD vs LMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 0.61% | Jul 31, 1997 | MBSD vs PMBS | |
| JPMorgan Mortgage-Backed Securities ETF | 0.59% | Aug 18, 2000 | MBSD vs JMTG | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.51% | Jan 15, 2009 | MBSD vs SPMB |
Lowest Volatility Alternatives to MBSD
MBSD alternatives from the Mortgage Backed Securities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 1.97% | Nov 4, 2013 | MBSD vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | 2.23% | Feb 9, 2021 | MBSD vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 2.57% | Nov 4, 2014 | MBSD vs LMBS | |
| Eaton Vance Mortgage Opportunities ETF | 2.79% | Aug 4, 2025 | MBSD vs EVMO | |
| iShares Securitized Income Active ETF | 3.68% | Jan 26, 2026 | MBSD vs SECU |
Lowest Drawdown Alternatives to MBSD
MBSD alternatives from the Mortgage Backed Securities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.93% | Nov 4, 2013 | MBSD vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -1.05% | Feb 9, 2021 | MBSD vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.72% | Nov 4, 2014 | MBSD vs LMBS | |
| iShares CMBS ETF | -2.44% | Feb 14, 2012 | MBSD vs CMBS | |
| WisdomTree Mortgage Plus Bond Fund | -2.64% | Nov 14, 2019 | MBSD vs MTGP |
Other ETFs from Northern Trust
Most popular Northern Trust ETFs on PortfoliosLab, across asset classes.
Often Compared With MBSD
What investors most often compare with MBSD, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco Variable Rate Investment Grade ETF | Ultrashort Bond | 99 | 0.90% | Sep 20, 2016 | MBSD vs VRIG | |
| Goldman Sachs Ultra Short Bond ETF | Ultrashort Bond | 99 | 0.76% | Apr 15, 2019 | MBSD vs GSST | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | MBSD vs FBND | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | Nontraditional Bonds | 86 | 1.24% | Dec 18, 2013 | MBSD vs AGZD | |
| Schwab Intermediate-Term U.S. Treasury ETF | Government Bonds | 64 | -0.04% | Aug 5, 2010 | MBSD vs SCHR | |
| Simplify MBS ETF | Government Bonds | 76 | -0.43% | Nov 6, 2023 | MBSD vs MTBA | |
| Janus Henderson Mortgage-Backed Securities ETF | Mortgage Backed Securities, Actively Managed | 65 | 0.19% | Sep 12, 2018 | MBSD vs JMBS | |
| First Trust TCW Securitized Plus ETF | Mortgage Backed Securities, Actively Managed | 61 | -0.19% | Apr 29, 2020 | MBSD vs DEED |
Compare MBSD with Any Fund or Stock
Compare MBSD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.