SECU vs. LMBS
SECU (iShares Securitized Income Active ETF) and LMBS (First Trust Low Duration Mortgage Opportunities ETF) are both Mortgage Backed Securities funds. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. SECU charges 0.40%/yr vs 0.68%/yr for LMBS.
Performance
SECU vs. LMBS - Performance Comparison
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Returns By Period
SECU
- 1D
- -0.06%
- 1M
- 0.63%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LMBS
- 1D
- 0.03%
- 1M
- 0.40%
- YTD
- 1.44%
- 6M
- 1.43%
- 1Y
- 5.52%
- 3Y*
- 5.80%
- 5Y*
- 3.11%
- 10Y*
- 2.67%
SECU vs. LMBS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SECU iShares Securitized Income Active ETF | 1.53% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 1.01% |
Correlation
The correlation between SECU and LMBS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 26, 2026 | 0.51 |
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Return for Risk
SECU vs. LMBS — Risk / Return Rank
SECU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LMBS
SECU vs. LMBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Securitized Income Active ETF (SECU) and First Trust Low Duration Mortgage Opportunities ETF (LMBS). 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.
| SECU | LMBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.57 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.88 | — |
| Martin ratioReturn relative to average drawdown | — | 16.33 | — |
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Drawdowns
SECU vs. LMBS - Drawdown Comparison
The maximum SECU drawdown since its inception was -1.76%, smaller than the maximum LMBS drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for SECU and LMBS.
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Drawdown Indicators
| SECU | LMBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.76% | -6.49% | +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 | — | -6.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.49% | — |
Current DrawdownCurrent decline from peak | -0.38% | -0.17% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -0.51% | -0.80% | +0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.34% | — |
Volatility
SECU vs. LMBS - Volatility Comparison
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Volatility by Period
| SECU | LMBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.54% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.47% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.32% | 1.94% | +1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.32% | 2.57% | +0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.32% | 2.35% | +0.97% |
SECU vs. LMBS - Expense Ratio Comparison
SECU has a 0.40% expense ratio, which is lower than LMBS's 0.68% expense ratio.
Dividends
SECU vs. LMBS - Dividend Comparison
SECU's dividend yield for the trailing twelve months is around 2.10%, less than LMBS's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.09% | 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
SECU and LMBS have a correlation of 0.51, 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 4.09%, compared with 2.10% for SECU.
They also come from different issuers: iShares and First Trust. Their fees differ too: 0.40% for SECU and 0.68% for LMBS.
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