SPDR Portfolio Mortgage Backed Bond ETF (SPMB) Alternatives
SPDR Portfolio Mortgage Backed Bond ETF (SPMB) 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 SPMB. 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 SPMB
SPMB charges 0.04% annually. Among ETFs in the Mortgage Backed Securities category, these options have the lowest expense ratios among SPMB alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Vanguard Mortgage-Backed Securities ETF | 0.04% | Nov 19, 2009 | SPMB vs VMBS | |
| iShares MBS Bond ETF | 0.06% | Mar 16, 2007 | SPMB vs MBB | |
| iShares GNMA Bond ETF | 0.15% | Feb 14, 2012 | SPMB vs GNMA | |
| FlexShares Disciplined Duration MBS Index Fund | 0.20% | Sep 4, 2014 | SPMB vs MBSD | |
| JPMorgan Mortgage-Backed Securities ETF | 0.24% | Aug 18, 2000 | SPMB vs JMTG |
Best Risk-Adjusted Alternatives to SPMB
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 | SPMB vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 93 | Nov 4, 2014 | SPMB vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 92 | Feb 9, 2021 | SPMB vs VABS | |
| iShares CMBS ETF | 74 | Feb 14, 2012 | SPMB vs CMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 68 | Jul 31, 1997 | SPMB vs PMBS |
Top Performing SPMB Alternatives (YTD)
SPMB 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 | SPMB vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 0.66% | Nov 4, 2014 | SPMB vs LMBS | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | 0.61% | Jul 31, 1997 | SPMB vs PMBS | |
| JPMorgan Mortgage-Backed Securities ETF | 0.59% | Aug 18, 2000 | SPMB vs JMTG | |
| Vanguard Mortgage-Backed Securities ETF | 0.41% | Nov 19, 2009 | SPMB vs VMBS |
Lowest Volatility Alternatives to SPMB
SPMB 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 | SPMB vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | 2.23% | Feb 9, 2021 | SPMB vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 2.57% | Nov 4, 2014 | SPMB vs LMBS | |
| Eaton Vance Mortgage Opportunities ETF | 2.79% | Aug 4, 2025 | SPMB vs EVMO | |
| iShares Securitized Income Active ETF | 3.68% | Jan 26, 2026 | SPMB vs SECU |
Lowest Drawdown Alternatives to SPMB
SPMB 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 | SPMB vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -1.05% | Feb 9, 2021 | SPMB vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.72% | Nov 4, 2014 | SPMB vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.22% | Sep 4, 2014 | SPMB vs MBSD | |
| iShares CMBS ETF | -2.44% | Feb 14, 2012 | SPMB vs CMBS |
Other ETFs from State Street
Most popular State Street ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | SPMB vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 87 | 8.57% | Nov 18, 2004 | SPMB vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 69 | -7.57% | Dec 16, 1998 | SPMB vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 66 | -8.12% | Sep 25, 2000 | SPMB vs SPYG | |
| SPDR Portfolio S&P 500 High Dividend ETF | S&P 500, Dividend | 30 | 6.32% | Oct 21, 2015 | SPMB vs SPYD | |
| SPDR Gold MiniShares Trust | Precious Metals, Gold | 88 | 8.57% | Jun 25, 2018 | SPMB vs GLDM | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 73 | 37.91% | Dec 16, 1998 | SPMB vs XLE | |
| Utilities Select Sector SPDR Fund | Utilities Equities | 71 | 8.25% | Dec 16, 1998 | SPMB vs XLU | |
| SPDR Barclays 1-3 Month T-Bill ETF | Government Bonds | 100 | 0.85% | May 25, 2007 | SPMB vs BIL | |
| SPDR Dow Jones Industrial Average ETF | Large Cap Growth Equities | 47 | -3.25% | Jan 14, 1998 | SPMB vs DIA |
Often Compared With SPMB
What investors most often compare with SPMB, based on PortfoliosLab usage data.
Compare SPMB with Any Fund or Stock
Compare SPMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.