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ETF comparison

MBB vs SPAB

Both US Aggregate Bond.

iShares MBS ETF · State Street SPDR Portfolio Aggregate Bond Index ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.8 %

466 positions appear in both funds. Buying equal dollars of MBB and SPAB would leave roughly 5.8% of each dollar exposed to the same underlying securities.

MBB unmatched 92.4% Shared 5.8% SPAB unmatched 92.4%

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 MBB only
10,743 positions
Shared
466 positions
In SPAB only
7,819 positions

Side by side

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%
SPAB

State Street SPDR Portfolio Aggregate Bond Index ETF

State Street · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.36B
TTM yield
3.87%
Top-10 conc.
4.4%

Sub-score comparison

96
Cost
97
52
Tax efficiency
53
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
MBB sub-score SPAB

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

Cost difference

SPAB is 1 bps cheaper than MBB. On a $100,000 position that's about $10/yr more in fees for MBB.

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 MBB vs SPAB.

Top shared holdings

466 shared in total
# Holding In MBB In SPAB Overlap
1 Fannie Mae 0.41% 0.21% 0.21%
2 Fannie Mae 0.29% 0.15% 0.15%
3 Fannie Mae 0.14% 0.12% 0.12%
4 Fannie Mae 0.28% 0.12% 0.12%
5 Government National Mortgage Association 0.15% 0.11% 0.11%
6 Freddie Mac 0.23% 0.11% 0.11%
7 Fannie Mae 0.16% 0.11% 0.11%
8 Government National Mortgage Association 0.21% 0.11% 0.11%
9 Fannie Mae 0.11% 0.13% 0.11%
10 Freddie Mac 0.11% 0.10% 0.10%
11 Government National Mortgage Association 0.10% 0.10% 0.10%
12 Fannie Mae 0.10% 0.11% 0.10%

Only in MBB

10,743 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 0.49%
  • Fannie Mae 0.49%
  • Freddie Mac 0.47%

Only in SPAB

7,819 total
  • United States Treasury 0.79%
  • United States Treasury 0.44%
  • United States Treasury 0.43%
  • United States Treasury 0.42%
  • United States Treasury 0.40%
  • United States Treasury 0.40%
  • United States Treasury 0.39%
  • United States Treasury 0.38%
  • United States Treasury 0.37%
  • United States Treasury 0.37%

Percentages are holdings overlap with the named fund.

Open MBB or SPAB 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.