CCM Affordable Housing MBS ETF (OWNS) 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 OWNS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OWNS
OWNS charges 0.30% annually. There are 12 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 | OWNS vs SMBS | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | 6.93B | Jan 2009 | OWNS vs SPMB | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | 16.80B | Nov 2009 | OWNS vs VMBS | |
| iShares MBS Bond ETF | 0.06% | 38.74B | Mar 2007 | OWNS vs MBB | |
| Simplify MBS ETF | 0.15% | 1.57B | Nov 2023 | OWNS vs MTBA |
Best Risk-Adjusted Alternatives to OWNS
OWNS has a PortfoliosLab risk / return rank of 40. There are 14 ETFs in the Mortgage Backed Securities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 95 | 287.55M | Nov 2013 | OWNS vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 88 | 6.27B | Nov 2014 | OWNS vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 67 | 80.85M | Feb 2021 | OWNS vs VABS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 50 | — | Jul 1997 | OWNS vs PMBS | |
| Janus Henderson Mortgage-Backed Securities ETF | 46 | 6.74B | Sep 2018 | OWNS vs JMBS |
Top Performing OWNS Alternatives (YTD)
OWNS is at 0.36% YTD. There are 17 ETFs in the Mortgage Backed Securities category with higher YTD returns, going as high as 1.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Newfleet ABS/MBS ETF | 1.40% | 80.85M | Feb 2021 | OWNS vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.30% | 6.27B | Nov 2014 | OWNS vs LMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 1.03% | — | Jul 1997 | OWNS vs PMBS | |
| Franklin Short Duration U.S. Government ETF | 0.93% | 287.55M | Nov 2013 | OWNS vs FTSD | |
| Eaton Vance Mortgage Opportunities ETF | 0.83% | — | Aug 2025 | OWNS vs EVMO |
Lowest Volatility Alternatives to OWNS
OWNS has 4.55% 1-year volatility. There are 17 ETFs in the Mortgage Backed Securities category with lower 1-year volatility, going as low as 1.32%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 1.32% | 287.55M | Nov 2013 | OWNS vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.97% | 6.27B | Nov 2014 | OWNS vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 2.04% | 80.85M | Feb 2021 | OWNS vs VABS | |
| Eaton Vance Mortgage Opportunities ETF | 2.82% | — | Aug 2025 | OWNS vs EVMO | |
| Simplify MBS ETF | 3.10% | 1.57B | Nov 2023 | OWNS vs MTBA |
Lowest Drawdown Alternatives to OWNS
OWNS has a 1-year max drawdown of -3.03%. There are 14 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% | 287.55M | Nov 2013 | OWNS vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -0.98% | 80.85M | Feb 2021 | OWNS vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.43% | 6.27B | Nov 2014 | OWNS vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.17% | 93.90M | Sep 2014 | OWNS vs MBSD | |
| iShares CMBS ETF | -2.44% | 481.90M | Feb 2012 | OWNS vs CMBS |
Often Compared With OWNS
Investors most often compare OWNS with IUSB, ITB, DCRE. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare OWNS with Any Fund or Stock
Compare OWNS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OWNS with funds that move differently
CCM Affordable Housing MBS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OWNS.
Explore OWNS Diversifiers