Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF (SMBS)
ETF overview
SMBS offers representative exposure to US mortgage pass-through securities. The index consists of fixed-rate, investment grade, agency mortgage-backed securities guaranteed by Ginnie Mae, Fannie Mae, and Freddie Mac. The index construction starts by initially grouping individual to-be-announced (TBA) deliverable mortgage-backed securities into pool aggregates based on program, coupon, and vintage. These pool aggregates must have a minimum of $1 billion currently outstanding and a weighted average maturity of at least 1 year to be included in the index. The index constituents are market value-weighted and reconstituted on the last business day of each month.
Fund facts
- Expense ratio
- 0.03%
- Fund assets
- 6.32B USD (all share classes)
- Issuer
- Schwab
- Inception date
- Nov 19, 2024
- Number of holdings
- 4,312
Breakdown
Holdings (4,312)
| Name | Ticker | Weight |
|---|---|---|
| SSC GOVERNMENT MM GVMXX | GVMXX | 0.56% |
| GNMA2 30YR 5.00% 11/20/2054 (BBG01NZQMR80) | 0.44% | |
| FHLMC 30YR UMBS SUPER 5.50% 10/01/2054 (BBG01NYFN109) | 0.33% | |
| FHLMC 30YR UMBS SUPER 2.50% 01/01/2054 (BBG020YCJVV0) | 0.32% | |
| FHLMC 30YR UMBS SUPER 2.00% 02/01/2052 (BBG013B19FS4) | 0.28% | |
| UMBS 30YR TBA(REG A) 5.50% 11/12/2026 | 0.28% | |
| FNMA 30YR UMBS 2.00% 05/01/2051 (BBG00ZHCZ133) | 0.27% | |
| FNMA 30YR UMBS 5.50% 04/01/2053 (BBG01F33L1J9) | 0.26% | |
| GNMA2 30YR 5.00% 05/20/2056 (BBG01ZVZ4RL2) | 0.26% | |
| FHLMC 30YR UMBS SUPER 2.00% 11/01/2050 (BBG00WGK3T46) | 0.24% | |
| and 4,299 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF (SMBS)
- Expense ratio
- 0.03%
- Fund assets
- 6.32B USD (all share classes)
- Issuer
- Schwab
- Inception date
- Nov 19, 2024
- Number of holdings
- 4,312
| Name | Ticker | Weight |
|---|---|---|
| SSC GOVERNMENT MM GVMXX | GVMXX | 0.56% |
| GNMA2 30YR 5.00% 11/20/2054 (BBG01NZQMR80) | 0.44% | |
| FHLMC 30YR UMBS SUPER 5.50% 10/01/2054 (BBG01NYFN109) | 0.33% | |
| FHLMC 30YR UMBS SUPER 2.50% 01/01/2054 (BBG020YCJVV0) | 0.32% | |
| FHLMC 30YR UMBS SUPER 2.00% 02/01/2052 (BBG013B19FS4) | 0.28% | |
| UMBS 30YR TBA(REG A) 5.50% 11/12/2026 | 0.28% | |
| FNMA 30YR UMBS 2.00% 05/01/2051 (BBG00ZHCZ133) | 0.27% | |
| FNMA 30YR UMBS 5.50% 04/01/2053 (BBG01F33L1J9) | 0.26% | |
| GNMA2 30YR 5.00% 05/20/2056 (BBG01ZVZ4RL2) | 0.26% | |
| FHLMC 30YR UMBS SUPER 2.00% 11/01/2050 (BBG00WGK3T46) | 0.24% | |
| and 4,299 more | ||
SMBS offers representative exposure to US mortgage pass-through securities. The index consists of fixed-rate, investment grade, agency mortgage-backed securities guaranteed by Ginnie Mae, Fannie Mae, and Freddie Mac. The index construction starts by initially grouping individual to-be-announced (TBA) deliverable mortgage-backed securities into pool aggregates based on program, coupon, and vintage. These pool aggregates must have a minimum of $1 billion currently outstanding and a weighted average maturity of at least 1 year to be included in the index. The index constituents are market value-weighted and reconstituted on the last business day of each month.
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