SMBS ETF Analysis: Schwab Mortgage-Backed | NYSE
Government Mortgage-Backed Bond | NYSE, USA | Market Cap: 6.404m USD | 12M Return: -0.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.6M
Warnings
Tailwinds
No distinct edge detected
Seasonality 1.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Schwab Mortgage-Backed Securities ETF (SMBS) is a U.S.-listed exchange-traded fund launched on November 18, 2024, that tracks an index of investment-grade mortgage-backed securities issued or guaranteed by U.S. government agencies such as Ginnie Mae, Fannie Mae, and Freddie Mac. Under its core policy, the fund commits at least 90% of its net assets-including borrowings used for investment-to securities in the underlying index, which may include TBA (to-be-announced) forward-settling MBS contracts commonly used for liquidity and efficient portfolio management. As a passive vehicle classified within the Government Mortgage-Backed Bond category, SMBS provides investors with broad exposure to the agency MBS market, a segment traditionally valued for its combination of government credit support and mortgage-related yield premiums over Treasuries.
- Fed rate cuts boost MBS prices and tighten spreads
- Mortgage prepayments accelerate, pressuring fund yields
- Fed QE tapering drains liquidity from MBS market
- Housing market weakness reduces new MBS issuance supply
As of September 27, 2026, the stock is trading at USD 24.26 with a total of 753,033 shares traded. Over the past week, the price has changed by -1.04%, over one month by -3.17%, over three months by -3.77% and over the past year by -0.52%.
Current recommended Stop Loss: 24.00 (which is 1.1% or 2 ATR below the current price).
Schwab Mortgage-Backed has no consensus analysts rating.