Skip to main content

ETF comparison

BOND vs MBB

Both US Aggregate Bond.

PIMCO Active Bond Exchange-Traded Fund · iShares MBS ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.8 %

18 positions appear in both funds. Buying equal dollars of BOND and MBB would leave roughly 0.8% of each dollar exposed to the same underlying securities.

BOND unmatched 112.6% Shared 0.8% MBB unmatched 97.5%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In BOND only
1,501 positions
Shared
18 positions
In MBB only
11,191 positions

Side by side

BOND

PIMCO Active Bond Exchange-Traded Fund

PIMCO · US Aggregate Bond

64 composite / 100
Expense ratio
0.51%
Net assets
$9.09B
TTM yield
4.89%
Top-10 conc.
35.3%
MBB

iShares MBS ETF

iShares · US Aggregate Bond

89 composite / 100
Expense ratio
0.040%
Net assets
$35.89B
TTM yield
4.09%
Top-10 conc.
6.6%

Sub-score comparison

49
Cost
96
51
Tax efficiency
52
98
Liquidity
100
64
Concentration
100
—
Tracking quality
—
BOND sub-score MBB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

MBB is 47 bps cheaper than BOND. On a $100,000 position that's about $470/yr more in fees for BOND.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BOND vs MBB.

Top shared holdings

18 shared in total
# Holding In BOND In MBB Overlap
1 Freddie Mac 0.31% 0.20% 0.20%
2 UMBS, TBA 2.54% 0.17% 0.17%
3 Fannie Mae 0.57% 0.13% 0.13%
4 Freddie Mac 0.73% 0.09% 0.09%
5 Fannie Mae 0.30% 0.06% 0.06%
6 Fannie Mae 0.76% 0.05% 0.05%
7 UMBS, TBA 0.96% 0.02% 0.02%
8 Government National Mortgage Association 0.01% 0.49% 0.01%
9 Freddie Mac 0.31% 0.01% 0.01%
10 Freddie Mac 0.06% 0.01% 0.01%
11 Freddie Mac 0.20% 0.00% 0.00%
12 Freddie Mac 0.01% 0.00% 0.00%

Only in BOND

1,501 total
  • UMBS, TBA 5.56%
  • PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
  • UMBS, TBA 3.46%
  • United States Treasury 3.39%
  • UMBS, TBA 2.73%
  • United States Treasury 2.57%
  • UMBS, TBA 2.27%
  • United States Treasury 1.94%
  • United States Treasury 1.93%
  • Freddie Mac 1.88%

Only in MBB

11,191 total
  • Government National Mortgage Association 1.05%
  • Freddie Mac 0.98%
  • UMBS, TBA 0.85%
  • UMBS, TBA 0.70%
  • Government National Mortgage Association 0.53%
  • Government National Mortgage Association 0.51%
  • Government National Mortgage Association 0.51%
  • Government National Mortgage Association 0.50%
  • Fannie Mae 0.49%
  • Government National Mortgage Association 0.48%

Percentages are holdings overlap with the named fund.

Open BOND or MBB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.