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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$5.75B
P/E ratio
--
Dividend yield
4.4706%
Expense ratio
0.03%
Beta
0.04473
Previous close
$25.72
Today's open
$25.63
Day's range
$25.63 - $25.66
52 week range
$24.57 - $26.22
Bonds
Intermediate Term High Quality
0.45%
The Big New Names in Mortgage-Backed Securities ETFs
Mortgage-backed securities (MBSs) ETFs have, somewhat quietly, welcomed some big new players in the past year. Just this week, Eaton Vance debuted the Eaton Vance Mortgage Opportunities ETF (EVMO).
ETF Trends • Aug 8, 2025

The Schwab Mortgage-Backed Securities ETF (SMBS) Starts Trading
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, announced the Schwab Mortgage-Backed Securities ETF (NYSE Arca: SMBS) began trading today. With an expense ratio of 0.03%, the Schwab Mortgage-Backed Securities ETF is priced in line with the lowest-priced peer ETFs based on the U.S. Mortgage Lipper category1. The ETF provides access to investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government age.
Business Wire • Nov 19, 2024

Schwab Asset Management to Launch the Schwab Mortgage-Backed Securities ETF
WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab Mortgage-Backed Securities ETF (NYSE Arca: SMBS). The first day of trading is expected to be on or about November 19.
Business Wire • Nov 7, 2024

¹ Disclosures

Open an M1 investment account to buy and sell Schwab Mortgage-Backed Securities ETF commission-free¹. Build wealth for the long term using automated trading and transfers.