MBBA vs. OWNS
MBBA (iShares Mortgage-Backed Securities Active ETF) and OWNS (CCM Affordable Housing MBS ETF) are both Mortgage Backed Securities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. MBBA charges 0.25%/yr vs 0.30%/yr for OWNS.
Performance
MBBA vs. OWNS - Performance Comparison
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Returns By Period
MBBA
- 1D
- -0.10%
- 1M
- 0.34%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OWNS
- 1D
- -0.12%
- 1M
- 0.12%
- YTD
- 0.36%
- 6M
- 0.78%
- 1Y
- 6.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MBBA vs. OWNS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
MBBA iShares Mortgage-Backed Securities Active ETF | 0.54% |
OWNS CCM Affordable Housing MBS ETF | -0.22% |
Correlation
The correlation between MBBA and OWNS is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 27, 2026 | 0.83 |
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Return for Risk
MBBA vs. OWNS — Risk / Return Rank
MBBA
OWNS
MBBA vs. OWNS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Mortgage-Backed Securities Active ETF (MBBA) and CCM Affordable Housing MBS ETF (OWNS). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MBBA | OWNS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 1.00 | -0.67 |
Drawdowns
MBBA vs. OWNS - Drawdown Comparison
The maximum MBBA drawdown since its inception was -2.83%, smaller than the maximum OWNS drawdown of -5.39%. Use the drawdown chart below to compare losses from any high point for MBBA and OWNS.
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Drawdown Indicators
| MBBA | OWNS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.83% | -5.39% | +2.56% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.03% | — |
Current DrawdownCurrent decline from peak | -1.27% | -1.67% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -1.12% | -1.55% | +0.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.04% | — |
Volatility
MBBA vs. OWNS - Volatility Comparison
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Volatility by Period
| MBBA | OWNS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 4.55% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.64% | 5.39% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.64% | 5.39% | -0.75% |
MBBA vs. OWNS - Expense Ratio Comparison
MBBA has a 0.25% expense ratio, which is lower than OWNS's 0.30% expense ratio.
Dividends
MBBA vs. OWNS - Dividend Comparison
MBBA's dividend yield for the trailing twelve months is around 1.84%, less than OWNS's 4.31% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MBBA iShares Mortgage-Backed Securities Active ETF | 1.84% | 0.00% | 0.00% |
OWNS CCM Affordable Housing MBS ETF | 4.31% | 4.12% | 3.75% |
Frequently Asked Questions
MBBA and OWNS have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MBBA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MBBA is cheaper with a 0.25% expense ratio, compared with 0.30% for OWNS.
OWNS has the higher dividend yield at 4.31%, compared with 1.84% for MBBA.
They also come from different issuers: iShares and CCM. Their fees differ too: 0.25% for MBBA and 0.30% for OWNS.
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