LMBS vs. SECU
LMBS (First Trust Low Duration Mortgage Opportunities ETF) and SECU (iShares Securitized Income Active ETF) are both Mortgage Backed Securities funds. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. LMBS charges 0.68%/yr vs 0.40%/yr for SECU.
Performance
LMBS vs. SECU - Performance Comparison
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Returns By Period
LMBS
- 1D
- -0.10%
- 1M
- 0.11%
- YTD
- 1.24%
- 6M
- 1.47%
- 1Y
- 6.09%
- 3Y*
- 5.73%
- 5Y*
- 3.03%
- 10Y*
- 2.67%
SECU
- 1D
- -0.10%
- 1M
- 0.47%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LMBS vs. SECU - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 0.69% |
SECU iShares Securitized Income Active ETF | 1.33% |
Correlation
The correlation between LMBS and SECU is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.48 |
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Return for Risk
LMBS vs. SECU — Risk / Return Rank
LMBS
SECU
LMBS vs. SECU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) and iShares Securitized Income Active ETF (SECU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| LMBS | SECU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.62 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | — | — |
| Martin ratioReturn relative to average drawdown | 18.25 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LMBS | SECU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.10 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 1.15 | -0.02 |
Drawdowns
LMBS vs. SECU - Drawdown Comparison
The maximum LMBS drawdown since its inception was -6.49%, which is greater than SECU's maximum drawdown of -1.76%. Use the drawdown chart below to compare losses from any high point for LMBS and SECU.
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Drawdown Indicators
| LMBS | SECU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.49% | -1.76% | -4.73% |
Max Drawdown (1Y)Largest decline over 1 year | -1.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -1.72% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -6.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -6.49% | — | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.10% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -0.80% | -0.56% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.33% | — | — |
Volatility
LMBS vs. SECU - Volatility Comparison
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Volatility by Period
| LMBS | SECU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.97% | 3.34% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.56% | 3.34% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.36% | 3.34% | -0.98% |
LMBS vs. SECU - Expense Ratio Comparison
LMBS has a 0.68% expense ratio, which is higher than SECU's 0.40% expense ratio.
Dividends
LMBS vs. SECU - Dividend Comparison
LMBS's dividend yield for the trailing twelve months is around 4.10%, more than SECU's 2.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.10% | 4.08% | 4.28% | 3.96% | 2.22% | 2.04% | 2.27% | 2.55% | 2.76% | 2.73% | 2.84% | 3.03% |
SECU iShares Securitized Income Active ETF | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LMBS and SECU have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SECU is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SECU is cheaper with a 0.40% expense ratio, compared with 0.68% for LMBS.
LMBS has the higher dividend yield at 4.10%, compared with 2.10% for SECU.
They also come from different issuers: First Trust and iShares. Their fees differ too: 0.68% for LMBS and 0.40% for SECU.
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