MBB vs. DEED
MBB (iShares MBS Bond ETF) and DEED (First Trust TCW Securitized Plus ETF) are both Mortgage Backed Securities funds. MBB is passively managed, while DEED is actively managed. Over the past 5 years, MBB returned 0.21%/yr vs 0.28%/yr for DEED. A 0.77 correlation means they provide meaningful diversification when combined. MBB charges 0.06%/yr vs 0.65%/yr for DEED.
Performance
MBB vs. DEED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MBB achieves a 0.02% return, which is significantly lower than DEED's 0.86% return.
MBB
- 1D
- -0.49%
- 1M
- -0.83%
- 6M
- -0.43%
- YTD
- 0.02%
- 1Y
- 4.79%
- 3Y*
- 4.12%
- 5Y*
- 0.21%
- 10Y*
- 1.19%
DEED
- 1D
- -0.35%
- 1M
- 0.25%
- 6M
- 0.49%
- YTD
- 0.86%
- 1Y
- 5.73%
- 3Y*
- 5.25%
- 5Y*
- 0.28%
- 10Y*
- —
MBB vs. DEED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MBB iShares MBS Bond ETF | 0.02% | 8.38% | 1.31% | 5.01% | -11.74% | -1.43% | 0.75% |
DEED First Trust TCW Securitized Plus ETF | 0.86% | 8.91% | 3.19% | 6.43% | -16.03% | 1.62% | 4.61% |
Correlation
The correlation between MBB and DEED is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.77 |
The correlation between MBB and DEED has been stable across timeframes, ranging from 0.77 to 0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MBB vs. DEED — Risk / Return Rank
MBB
DEED
MBB vs. DEED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MBS Bond ETF (MBB) and First Trust TCW Securitized Plus ETF (DEED). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MBB | DEED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.26 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 1.81 | -0.18 |
| Martin ratioReturn relative to average drawdown | 4.97 | 4.76 | +0.21 |
Loading charts...
Drawdowns
MBB vs. DEED - Drawdown Comparison
The maximum MBB drawdown since its inception was -17.64%, smaller than the maximum DEED drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for MBB and DEED.
Loading charts...
Drawdown Indicators
| MBB | DEED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.64% | -19.96% | +2.32% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -3.18% | +0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -7.59% | -7.45% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -17.19% | -19.96% | +2.77% |
Max Drawdown (10Y)Largest decline over 10 years | -17.64% | — | — |
Current DrawdownCurrent decline from peak | -2.06% | -1.52% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -6.53% | +4.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 1.21% | -0.24% |
Volatility
MBB vs. DEED - Volatility Comparison
iShares MBS Bond ETF (MBB) and First Trust TCW Securitized Plus ETF (DEED) have volatilities of 1.44% and 1.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MBB | DEED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 1.39% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.44% | 3.03% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.43% | 3.92% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.84% | 6.57% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.33% | 5.95% | -0.62% |
MBB vs. DEED - Expense Ratio Comparison
MBB has a 0.06% expense ratio, which is lower than DEED's 0.65% expense ratio.
Dividends
MBB vs. DEED - Dividend Comparison
MBB's dividend yield for the trailing twelve months is around 4.32%, which matches DEED's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEED First Trust TCW Securitized Plus ETF | 4.34% | 4.10% | 5.73% | 5.59% | 2.43% | 1.93% | 1.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MBB iShares MBS Bond ETF | 4.32% | 4.21% | 3.94% | 3.40% | 2.31% | 1.05% | 2.10% | 2.77% | 2.64% | 2.23% | 2.58% | 2.66% |
Frequently Asked Questions
MBB and DEED have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MBB has higher volatility (1.44%) compared to DEED (1.39%). In terms of maximum drawdown, MBB dropped -17.64% vs DEED's -19.96%.
On 5-year performance, DEED leads with 0.28% vs 0.21% for MBB. On fees, MBB is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DEED has performed better with a 0.28% return vs 0.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MBB is cheaper with a 0.06% expense ratio, compared with 0.65% for DEED.
DEED has the higher dividend yield at 4.34%, compared with 4.32% for MBB.
They also come from different issuers: iShares and First Trust. Their fees differ too: 0.06% for MBB and 0.65% for DEED.
DEED currently has the higher Sharpe Ratio (1.47 vs 1.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MBB and DEED
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer