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ETF comparison

IUSB vs MBB

Both US Aggregate Bond.

iShares Core Universal USD Bond ETF · iShares MBS ETF

Holdings overlap

Weighted by ISIN/CUSIP
9.5 %

1,241 positions appear in both funds. Buying equal dollars of IUSB and MBB would leave roughly 9.5% of each dollar exposed to the same underlying securities.

IUSB unmatched 88.7% Shared 9.5% MBB unmatched 88.8%

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 IUSB only
16,803 positions
Shared
1,241 positions
In MBB only
9,968 positions

Side by side

IUSB

iShares Core Universal USD Bond ETF

iShares · US Aggregate Bond

88 composite / 100
Expense ratio
0.060%
Net assets
$50.20B
TTM yield
3.98%
Top-10 conc.
3.5%
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

94
Cost
96
53
Tax efficiency
52
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
IUSB sub-score MBB

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

Cost difference

MBB is 2 bps cheaper than IUSB. On a $100,000 position that's about $20/yr more in fees for IUSB.

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 IUSB vs MBB.

Top shared holdings

1,241 shared in total
# Holding In IUSB In MBB Overlap
1 Government National Mortgage Association 0.18% 0.15% 0.15%
2 Federal National Mortgage Association 0.12% 0.11% 0.11%
3 Federal Home Loan Mortgage Corp. 0.11% 0.11% 0.11%
4 Government National Mortgage Association 0.09% 0.28% 0.09%
5 Federal Home Loan Mortgage Corp. 0.08% 0.11% 0.08%
6 Federal National Mortgage Association 0.08% 0.31% 0.08%
7 Federal Home Loan Mortgage Corp. 0.08% 0.17% 0.08%
8 Federal Home Loan Mortgage Corp. 0.08% 0.23% 0.08%
9 Federal National Mortgage Association 0.08% 0.16% 0.08%
10 Government National Mortgage Association 0.08% 0.38% 0.08%
11 Government National Mortgage Association 0.08% 0.51% 0.08%
12 Government National Mortgage Association 0.07% 0.50% 0.07%

Only in IUSB

16,803 total
  • Federal National Mortgage Association or Federal Home Loan Mortgage Corp. 0.41%
  • United States of America 0.37%
  • United States of America 0.37%
  • United States of America 0.36%
  • United States of America 0.35%
  • United States of America 0.34%
  • United States of America 0.34%
  • United States of America 0.34%
  • United States of America 0.33%
  • United States of America 0.33%

Only in MBB

9,968 total
  • Government National Mortgage Association 1.05%
  • UMBS, TBA 0.85%
  • UMBS, TBA 0.70%
  • Government National Mortgage Association 0.53%
  • Government National Mortgage Association 0.49%
  • Government National Mortgage Association 0.46%
  • UMBS, TBA 0.39%
  • Government National Mortgage Association 0.34%
  • UMBS, TBA 0.32%
  • Fannie Mae 0.31%

Percentages are holdings overlap with the named fund.

Open IUSB 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.