Schwab Mortgage-Backed Securities ETF (SMBS) Alternatives
Schwab Mortgage-Backed Securities ETF (SMBS) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SMBS. 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 SMBS
SMBS charges 0.03% annually. Among ETFs in the Government Bonds category, these options have the lowest expense ratios among SMBS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SPDR Portfolio Long Term Treasury ETF | 0.03% | May 23, 2007 | SMBS vs SPTL | |
| SPDR Portfolio Short Term Treasury ETF | 0.03% | Nov 30, 2011 | SMBS vs SPTS | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | May 20, 2024 | SMBS vs SPTB | |
| Schwab Long-Term U.S. Treasury ETF | 0.03% | Oct 10, 2019 | SMBS vs SCHQ | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | Sep 13, 2022 | SMBS vs XHLF |
Best Risk-Adjusted Alternatives to SMBS
Among ETFs in the Government Bonds 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 | |
|---|---|---|---|---|
| SPDR Barclays 1-3 Month T-Bill ETF | 100 | May 25, 2007 | SMBS vs BIL | |
| iShares Short Treasury Bond ETF | 100 | Jan 11, 2007 | SMBS vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | Sep 6, 2016 | SMBS vs GBIL | |
| iShares Treasury Floating Rate Bond ETF | 100 | Feb 3, 2014 | SMBS vs TFLO | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 100 | Feb 4, 2014 | SMBS vs USFR |
Top Performing SMBS Alternatives (YTD)
SMBS alternatives from the Government Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 4.09% | Nov 14, 2023 | SMBS vs THTA | |
| Quadratic Deflation ETF | 3.22% | Sep 16, 2021 | SMBS vs BNDD | |
| Simplify Stable Income ETF | 0.97% | Oct 27, 2022 | SMBS vs BUCK | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 0.93% | Feb 4, 2014 | SMBS vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.92% | Feb 3, 2014 | SMBS vs TFLO |
Lowest Volatility Alternatives to SMBS
SMBS alternatives from the Government Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Treasury ETF | 0.00% | Feb 25, 2020 | SMBS vs IBTE | |
| iShares Short Treasury Bond ETF | 0.21% | Jan 11, 2007 | SMBS vs SHV | |
| SPDR Barclays 1-3 Month T-Bill ETF | 0.21% | May 25, 2007 | SMBS vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.25% | Sep 6, 2016 | SMBS vs GBIL | |
| WisdomTree Bloomberg Floating Rate Treasury Fund | 0.29% | Feb 4, 2014 | SMBS vs USFR |
Lowest Drawdown Alternatives to SMBS
SMBS alternatives from the Government Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares Short Treasury Bond ETF | -0.01% | Jan 11, 2007 | SMBS vs SHV | |
| SPDR Barclays 1-3 Month T-Bill ETF | -0.01% | May 25, 2007 | SMBS vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | Sep 6, 2016 | SMBS vs GBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | Feb 3, 2014 | SMBS vs TFLO | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.04% | Feb 25, 2020 | SMBS vs IBTF |
Other ETFs from Charles Schwab
Most popular Charles Schwab ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 52 | 12.79% | Oct 20, 2011 | SMBS vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 46 | -10.59% | Dec 11, 2009 | SMBS vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 64 | -4.45% | Nov 3, 2009 | SMBS vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Growth Equities | 65 | -4.05% | Nov 3, 2009 | SMBS vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 87 | 2.95% | Nov 3, 2009 | SMBS vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 93 | 6.80% | Apr 29, 2021 | SMBS vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 68 | 3.48% | Dec 11, 2009 | SMBS vs SCHV | |
| Schwab U.S. Small-Cap ETF | Small Cap Growth Equities | 70 | 2.24% | Nov 3, 2009 | SMBS vs SCHA | |
| Schwab US REIT ETF | REIT | 19 | 3.43% | Jan 13, 2011 | SMBS vs SCHH | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Blend Equities | 75 | 2.76% | Aug 15, 2013 | SMBS vs FNDX |
Often Compared With SMBS
What investors most often compare with SMBS, based on PortfoliosLab usage data.
Compare SMBS with Any Fund or Stock
Compare SMBS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.