NYLI MacKay Securitized Income ETF (SECR) 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 SECR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SECR
SECR charges 0.28% 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 | SECR vs SMBS | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | 17.30B | Nov 2009 | SECR vs VMBS | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | 7.00B | Jan 2009 | SECR vs SPMB | |
| iShares MBS Bond ETF | 0.04% | 38.93B | Mar 2007 | SECR vs MBB | |
| Simplify MBS ETF | 0.15% | 1.49B | Nov 2023 | SECR vs MTBA |
Best Risk-Adjusted Alternatives to SECR
SECR has a PortfoliosLab risk / return rank of 32. There are 18 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 | 301.85M | Nov 2013 | SECR vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 91 | 6.35B | Nov 2014 | SECR vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 85 | 112.17M | Feb 2021 | SECR vs VABS | |
| JPMorgan Mortgage-Backed Securities ETF | 46 | 6.79B | Aug 2000 | SECR vs JMTG | |
| First Trust TCW Securitized Plus ETF | 43 | 64.17M | Apr 2020 | SECR vs DEED |
Top Performing SECR Alternatives (YTD)
SECR is at -0.15% YTD. There are 12 ETFs in the Mortgage Backed Securities category with higher YTD returns, going as high as 4.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Regan Fixed Rate MBS ETF | 4.51% | 13.94M | Apr 2025 | SECR vs MBSX | |
| Nuveen Securitized Income ETF | 2.58% | 207.24M | Sep 2025 | SECR vs NSCI | |
| Virtus Newfleet ABS/MBS ETF | 2.04% | 112.17M | Feb 2021 | SECR vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.39% | 6.35B | Nov 2014 | SECR vs LMBS | |
| Franklin Short Duration U.S. Government ETF | 1.24% | 301.85M | Nov 2013 | SECR vs FTSD |
Lowest Volatility Alternatives to SECR
SECR 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 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Securitized Income ETF | 1.30% | 207.24M | Sep 2025 | SECR vs NSCI | |
| Franklin Short Duration U.S. Government ETF | 1.36% | 301.85M | Nov 2013 | SECR vs FTSD | |
| American Century Securitized Credit ETF | 1.83% | 20.00M | May 2026 | SECR vs ASEC | |
| Virtus Newfleet ABS/MBS ETF | 1.89% | 112.17M | Feb 2021 | SECR vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.97% | 6.35B | Nov 2014 | SECR vs LMBS |
Lowest Drawdown Alternatives to SECR
SECR has a 1-year max drawdown of -2.94%. There are 13 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% | 301.85M | Nov 2013 | SECR vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -0.98% | 112.17M | Feb 2021 | SECR vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.43% | 6.35B | Nov 2014 | SECR vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.17% | 88.64M | Sep 2014 | SECR vs MBSD | |
| iShares CMBS ETF | -2.44% | 472.92M | Feb 2012 | SECR vs CMBS |
Other ETFs from NYLI
The 4 most viewed NYLI ETFs shown here include CPLB, IWLG, MMSD and span 3 categories. AUM among these funds goes as high as $336M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NYLI MacKay Core Plus Bond ETF | Intermediate Core-Plus Bond | 38 | 0.10% | 335.93M | Jun 2021 | SECR vs CPLB | |
| NYLI Winslow Large Cap Growth ETF | Large Cap Growth Equities | 15 | 0.79% | 320.93M | Jun 2022 | SECR vs IWLG | |
| NYLI MacKay Muni Short Duration ETF | Municipal Bonds | 71 | 1.02% | 75.34M | May 2025 | SECR vs MMSD | |
| NYLI MacKay Muni Allocation ETF | Municipal Bonds | — | 2.42% | 28.01M | Dec 2025 | SECR vs MMMA |
Often Compared With SECR
Investors most often compare SECR with ACLO, BPH, AGZD. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SECR with Any Fund or Stock
Compare SECR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SECR with funds that move differently
NYLI MacKay Securitized Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SECR.
Explore SECR Diversifiers