ETF comparison

MBB vs VMBS

Both US Aggregate Bond.

iShares MBS ETF · Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
18.4 %

1,201 positions appear in both funds. Buying equal dollars of MBB and VMBS would leave roughly 18.4% of each dollar exposed to the same underlying securities.

MBB only 86.0% Shared 18.4% VMBS only 80.3%
In MBB only
9,950 positions
Shared
1,201 positions
In VMBS only
3,811 positions

Side by side

MBB

iShares MBS ETF

iShares · US Aggregate Bond

88 composite / 100
Expense ratio
0.040%
Net assets
$39.63B
TTM yield
4.30%
Top-10 conc.
11.7%
VMBS

Vanguard Mortgage-Backed Securities Index Fund ETF Shares

Vanguard · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$17.34B
TTM yield
4.20%
Top-10 conc.
7.5%

Sub-score comparison

96
Cost
97
52
Tax efficiency
52
100
Liquidity
100
98
Concentration
100
Tracking quality
MBB sub-score VMBS

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

Cost difference

VMBS 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 VMBS.

Top shared holdings

1,201 shared in total
# Holding In MBB In VMBS Overlap
1 Government National Mortgage Association 0.53% 0.44% 0.44%
2 UMBS, TBA 0.57% 0.32% 0.32%
3 Government National Mortgage Association 0.42% 0.28% 0.28%
4 Freddie Mac 1.07% 0.27% 0.27%
5 UMBS, TBA 0.50% 0.26% 0.26%
6 Government National Mortgage Association 0.25% 0.22% 0.22%
7 Freddie Mac 0.23% 0.21% 0.21%
8 Government National Mortgage Association 0.32% 0.21% 0.21%
9 Fannie Mae 0.30% 0.19% 0.19%
10 Freddie Mac 0.24% 0.17% 0.17%
11 Government National Mortgage Association 0.20% 0.17% 0.17%
12 Fannie Mae 0.32% 0.16% 0.16%

Only in MBB

9,950 total
  • BLACKROCK CASH FUNDS 5.90%
  • Government National Mortgage Association 0.55%
  • Fannie Mae 0.53%
  • Government National Mortgage Association 0.45%
  • Fannie Mae 0.45%
  • Fannie Mae 0.45%
  • Fannie Mae 0.33%
  • Fannie Mae 0.33%
  • Fannie Mae 0.29%
  • Fannie Mae 0.23%

Only in VMBS

3,811 total
  • Ginnie Mae II Pool 0.29%
  • Freddie Mac Pool 0.29%
  • Fannie Mae Pool 0.21%
  • Fannie Mae or Freddie Mac 0.20%
  • Freddie Mac Pool 0.19%
  • Freddie Mac Pool 0.19%
  • Freddie Mac Pool 0.18%
  • Fannie Mae Pool 0.17%
  • Fannie Mae Pool 0.16%
  • Freddie Mac Pool 0.16%

Open MBB or VMBS 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.